Accounts Receivable Manager

at  Steward Health Care

Watertown, MA 02472, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate07 Nov, 2024Not Specified08 Aug, 2024N/ARevenue Cycle,Interpersonal Skills,Health Information ManagementNoNo
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Description:

POSITION SUMMARY

The Senior Manager of Accounts Receivable Operations will be responsible for daily operations of the accounts receivable and follow-up functions for Stewardship Health with emphasis on special projects and audits. The senior manager will lead a team responsible for managing collections and accounts receivable processes and seeks innovative solutions with their team to optimize performance. This individual will possess a strong understanding of healthcare billing practices, compliance regulations, payer rules, and excellent leadership skills to drive performance and enhance revenue cycle management.

REQUIRED KNOWLEDGE & SKILLS

  • Working knowledge of CPT & HCPCS Codes, Revenue Codes and ICD-10 coding.
  • Excellent analytical and problem-solving skills, with keen attention to detail.
  • Strong communication and interpersonal skills with the ability to collaborate effectively across departments.
  • Proven leadership skills with experience managing and developing teams.
  • Self-motivated and directed.
  • Ability to effectively prioritize and execute tasks in a high-growth, fast paced environment.
  • Strong knowledge of healthcare billing and coding practices and relevant regulations (i.e. HIPAA, Medicare/Medicaid)

EDUCATION/EXPERIENCE/LICENSURE/TECHNICAL/OTHER

  • Education: Bachelor’s Degree required. Degree in Business, Health Administration or Health Information Management preferred.
  • Experience: At least 3 years’ experience in accounts receivable management, medical practice revenue cycle, third party payor work, or related healthcare field. Minimum of 2 years management experience.
  • Certification/Licensure:
  • Software/Hardware: Proficient in Microsoft Office Suite; experience with electronic health record (EHR) systems

Responsibilities:

  • Maintain knowledge of payer rules, regulations and guidelines and ensure that all accounts receivable activities comply with federal, state and local regulations as well as internal policies.
  • Prepare and analyze accounts receivable reports, identifying trends, areas for improvement and making recommendations to senior management.
  • Develop and implement strategies to enhance collection processes and reduce days in accounts receivable.
  • Monitor and assign daily workload to the AR team to optimize load-balancing and staff acuity.
  • Demonstrate ability to set priorities and manage multiple projects simultaneously.
  • Demonstrate respect and regard for the dignity of all patients, families, visitors, and fellow employees to ensure a professional, responsible, and courteous environment.
  • Design, establish and maintain an organizational structure and staffing model to accomplish the organization’s goals and objectives in an effective manner; recruit, train, coach and evaluate AR staff members.
  • Conduct regular staff meetings to review productivity metrics, reaffirm weekly/monthly goals, provide coaching/training and ensure work is appropriately prioritized.
  • Demonstrate excellent communication skills, both written and verbal.
  • Supervise and mentor the accounts receivable team, fostering a collaborative and productive work environment.
  • Conduct regular performance evaluations, provide guidance and support professional development opportunities for team members.
  • Serve as a point of contact for internal departments and external stakeholders regarding accounts receivable inquiries and issues.
  • Collaborate with IT and software vendors to optimize processes, systems and tools.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Accounting

Accounts / Finance / Tax / CS / Audit

Accounts Management

Graduate

Administration, Business, Management

Proficient

1

Watertown, MA 02472, USA