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Medical Insurance Collections Manager
| Estimated Pay | $18 per hour |
|---|---|
| Hours | Full-time, Part-time |
| Location | Louisville, Kentucky |
Compare Pay
Estimated Pay$13.31
$18.06
$26.32
About this job
Position Summary: The Director of Revenue Cycle is responsible for managing and optimizing all aspects of the revenue cycle process to ensure timely and accurate reimbursement for services rendered. This role is ONSITE in Louisville, KY. This leadership role oversees the patient registration, charge capture, coding, billing, claims processing, and collections functions within the organization. The Director of Revenue Cycle collaborates with various departments to develop and implement strategies to improve revenue cycle performance, maximize revenue, and minimize denials and bad debt.
Key Responsibilities:
- Develop and implement revenue cycle policies, procedures, and best practices to ensure compliance with regulatory requirements and industry standards.
- Insurance Collections Management
- Oversee the day-to-day operations of the revenue cycle team, including staff supervision, training, and performance management.
- Monitor key performance indicators (KPIs) related to revenue cycle performance, such as days in accounts receivable (AR), denial rate, and clean claim rate, and implement corrective actions as needed.
- Collaborate with IT and other departments to optimize the use of revenue cycle management software and other technology solutions to streamline processes and improve efficiency.
- Work closely with clinical and administrative staff to ensure accurate and timely charge capture and documentation.
- Coordinate with payers to resolve billing and reimbursement issues, including claim denials and appeals.
- Analyze revenue cycle data to identify trends, opportunities for improvement, and potential areas of risk.
- Develop and manage departmental budgets and financial projections related to the revenue cycle.
- Stay abreast of changes in healthcare regulations, reimbursement policies, and industry trends affecting revenue cycle management.
- Serve as a liaison with external auditors, consultants, and vendors as needed.
Qualifications:
- Bachelor's degree in healthcare administration, business administration, finance, or a related field; Master's degree preferred.
- Minimum of 5 years of experience in healthcare revenue cycle management, with progressively increasing levels of responsibility.
- Minimum of $15 million in AR Aging Management
- Strong understanding of healthcare billing and reimbursement processes, including Medicare, Medicaid, and commercial payers.
- Knowledge of healthcare coding systems (e.g., ICD-10, CPT) and regulatory requirements (e.g., HIPAA, Stark Law).
- Experience with revenue cycle management software and other technology solutions.
- Excellent leadership, communication, and interpersonal skills.
- Ability to analyze data, identify trends, and develop strategic initiatives to improve revenue cycle performance.
- Certified Professional in Revenue Cycle Management (CRCR) or similar certification preferred.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact .
Vaco also wants all applicants to know their rights that .
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco's HR Notice at Collection for California Applicants and Employees .
- Virginia residents may access our state specific policies .
- Residents of all other states may access our policies .
- Canadian residents may access our policies in English and in French .
- Residents of countries governed by GDPR may access our policies .
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
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