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Accounts Receivable Manager
3 months ago
We are seeking an experienced Accounts Receivable Manager with expertise in Hospital Billing and US Healthcare. The Accounts Receivable Manager will be responsible for managing the billing and collection of payments for medical services provided by the hospital. They will work closely with the billing team and other departments to ensure timely and accurate billing, posting of payments, and follow-up on outstanding balances.
Responsibilities:
- Oversee the hospital’s accounts receivable operations, including billing, collections, and follow-up on outstanding balances
- Manage a team of billing specialists and other staff responsible for accounts receivable functions
- Ensure timely and accurate posting of payments, adjustments, and denials to patient accounts
- Develop and implement processes to improve billing and collections efficiency and effectiveness
- Analyze accounts receivable reports and key performance indicators to identify trends, opportunities for improvement, and potential issues
- Work collaboratively with other departments to ensure accurate billing and timely resolution of payment-related issues
- Maintain knowledge of current US healthcare regulations and reimbursement policies to ensure compliance with billing requirements
- Implement and manage effective policies and procedures for accounts receivable management
- Provide training and support to staff regarding billing procedures, policies, and regulations
- Perform other duties as assigned
Requirements:
- Bachelor's degree in Healthcare Administration, Business Administration, or related field
- At least 5 years of experience in hospital billing and accounts receivable management, preferably in a leadership role
- Thorough understanding of US healthcare regulations and reimbursement policies
- Knowledge of healthcare billing and coding systems, including ICD-10 and CPT coding
- Experience managing and leading teams
- Excellent communication, analytical, and problem-solving skills
- Strong attention to detail and ability to work under pressure to meet deadlines
- Proficient in Microsoft Office Suite, particularly Excel, and Word
- Ability to adapt to changing priorities and handle multiple tasks simultaneously
If you meet the above qualifications and are interested in this opportunity, please submit your resume to mvuyyala@primehealthcare.com