AR - Revenue Cycle

Revenue Cycle Accounts Receivable Specialist

The Revenue Cycle Accounts Receivable (AR) Specialist is responsible for managing and overseeing the entire accounts receivable process within the revenue cycle. This role is crucial in ensuring timely and accurate billing and collection of payments, optimizing cash flow, and maintaining strong relationships with payers. The ideal candidate will possess a strong understanding of healthcare billing processes, excellent analytical skills, and the ability to effectively communicate with various stakeholders.

• Billing and Invoicing: Generate and send out accurate bills and invoices to patients and insurance companies.
• Payment Processing: Accurately record and process payments received from patients, insurance companies, and other payers.
• Collections: Follow up on unpaid or partially paid claims, and work with patients and insurers to resolve payment discrepancies.
• Account Reconciliation: Regularly reconcile accounts receivable balances, ensuring all transactions are accurately recorded.
• Reporting: Prepare regular reports on AR status, including aging reports, and present findings to management.
• Compliance: Ensure all billing and collection activities comply with federal, state, and local regulations, as well as company policies and procedures.
• Customer Service: Provide exceptional customer service to patients, resolving billing issues and answering queries in a timely manner.
• Process Improvement: Identify areas for process improvement within the AR function and implement best practices to enhance efficiency and effectiveness.
• Collaboration: Work closely with other departments such as Patient Services, Financial Planning, and Compliance to ensure seamless revenue cycle operations.

• Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.
• Experience: Minimum of 3-5 years of experience in accounts receivable, preferably within a healthcare or medical billing environment.
• Skills:
  • Proficient in using accounting software and electronic medical records (EMR) systems.
  • Strong understanding of healthcare billing, coding, and collections processes.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple tasks and prioritize effectively.
  • Knowledge of relevant federal and state regulations, including HIPAA.

• Competitive salary up to $70K's
• Comprehensive health, dental, and vision insurance.