Position Description
Revenue Cycle Management Coordinator
Position
Oversee and facilitate the relationship between the
healthcare organization and the outsourced Revenue Cycle Management (RCM)
services. Ensures the RCM processes, including medical billing, coding,
collections, and patient financial services, are efficiently managed in
alignment with the organization's policies, compliance standards, and financial
objectives.
Essential Duties
This position includes, but is not limited to, the
following essential functions:
- Liaison Activities:
Serve as the primary point of contact between the healthcare organization and
the outsourced RCM service provider. Facilitate effective communication and
resolve any issues or discrepancies that arise.
- Performance
Monitoring: Regularly review the performance metrics of the outsourced RCM
services, including billing accuracy, turnaround times, collections rates, and
denial management. Identify areas for improvement and collaborate with the RCM
provider to implement solutions.
- Compliance and
Regulation: Ensure that all RCM activities comply with relevant healthcare
regulations, including HIPAA, and are in line with contractual agreements. Stay
updated with changes in healthcare laws and billing practices to maintain
compliance.
- Reporting: Generate
and analyze reports on financial performance, billing activities, and payer
trends. Present findings to management and recommend strategies to enhance
revenue and reduce inefficiencies.
- Stakeholder
Communication: Coordinate with internal departments, such as clinical teams,
patient services, and finance, to ensure a cohesive approach to RCM. Provide
updates on RCM performance and initiatives.
- Training and Support:
Offer guidance and support to internal staff on RCM-related matters. Facilitate
training sessions as needed to improve understanding of billing processes and
compliance requirements.
- Project Management:
Participate in RCM projects, such as system implementations or process
optimizations. Ensure projects are completed on time and within budget.
- Other duties as needed
Knowledge, Skills, and Abilities
- Strong understanding
of medical billing processes, coding, healthcare regulations, and insurance
guidelines.
- Excellent
communication, negotiation, and problem-solving skills.
- Ability to analyze
financial data and generate actionable reports.
- Proficient in
healthcare billing software and Microsoft Office Suite.
- Excellent written and verbal
communication skills
- Analytical ability to develop
and implement improvements or recommendations
- An initiative-taking problem
solver. Ability to understand and deal effectively with issues and
opportunities
- Ability to communicate
effectively with co-workers and management about the finances of the business
and justify certain financial recommendations
- Builds and develops
internal and external relationships, creates partnerships, builds trust, share
ideas, and accomplishes work
- Embraces change and
sets goals that align with the company's vision
Physical Demands
These physical demands are
representative of the physical requirements necessary for an employee to
successfully perform the essential functions of this position. While performing the responsibilities, the
employee is required to talk and hear.
The employee is often required to sit and use their hands and fingers,
to handle or feel and to manipulate keys on a keyboard. The employee is often required to stand,
walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch
or crawl. Vision abilities required by
this job include close and distant vision. The employee must be able to travel
between locations, and occasionally attend seminars which may require an
overnight stay.
Working Conditions
Working conditions are normal
for an office environment. The noise level in the work environment is
usually quiet to moderate. May require occasional travel to meet with
outsourced RCM providers or attend industry events.
Requirements/Qualifications
The person in this
position will have the following experience and attributes:
- Bachelor's degree in
Healthcare Administration, Business, Finance, or a related field.
- Proven experience in
revenue cycle management, medical billing, or a similar role within a
healthcare setting.
Reasonable accommodations may be made to enable individuals
to perform the essential functions of the position.
Confidentiality Statement
I acknowledge and
understand that I may have access to confidential information, including
ProtectedHealth Information
(PHI), regarding employees, clients, or the public. In addition, I acknowledge and understand
that I may have access to proprietary or other confidential information or
business information belonging to Trivium.
Therefore, except as required or permitted by law, I agree that I will
not:
- Access or attempt to
access data that is unrelated to my job duties at Trivium.
- Access or attempt to
access Protected Health Information (PHI) beyond my stated authorized HIPAA
access level.
- Use or disclose to
any other person, or allow any other person access to, any information related
to facility that is proprietary or confidential and/or pertains to employees,
students, clients, or the public. Use or
disclosure of information includes, but is not limited to, verbal discussions,
FAX transmissions, electronic mail messages, voice mail communication, written
documentation, loaning computer access codes, and/or another transmission or
sharing of data.
- Use or disclose
Protected Health Information (PHI) for use in violation of HIPAA regulations.
I understand that
Trivium Life Services and its employees, clients, or others may suffer
irreparable harm by use or disclosure of proprietary or confidential
information and that facility may seek legal remedies available to it should
such use, or disclosure occur. Further,
I understand that violations of this agreement may result in disciplinary
action, up to and including, termination of my employment.
Statement of Understanding
I have read and understand the
above position description. I assert that I can perform all essential job
functions, meet the physical requirements of this position, perform
satisfactorily in the stated working conditions, and satisfy the expectation
for regular attendance.