JOB OVERVIEW
The RCM Specialist for Home Health & Hospice plays a crucial role in ensuring the efficient and accurate processing of claims and patient accounts, contributing to the organization's financial health. They possess a comprehensive understanding of revenue cycle processes and demonstrate expertise in resolving complex claims and patient billing issues.
KEY RESPONSIBILITIES
- Lead and optimize the full revenue cycle process from billing the claim to final payment collection.
- Collaborate with the RCM team to maintain a clean and compliant revenue cycle.
- Generate claims accurately from EMR system to clearinghouse and monitor the claim following HRP standard protocol.
- Resubmit claims corrected as needed and communicate issues that need to be resolved.
- Communicate unbilled and billed claim holds to Team Leader or RCM Manager.
- Analyze and resolve complex claims denials and appeals.
- Investigate and address patient billing discrepancies and disputes.
- Identify and implement strategies to improve revenue cycle performance as needed.
- Collaborate with cross-functional teams to implement and manage assigned RCM accounts.
- Participate in revenue cycle audits and compliance reviews (quality review checks).
- Develop and maintain accurate and up-to-date documentation of all claims and patient accounts.
- Provide training and support to other RCM team members.
QUALIFICATIONS
- College graduate of any related field or equivalent combination of education, training and experience
- 3–5 years of experience in revenue cycle management in the home health and hospice realm
- Proficient in Microsoft Office Suite 365
- Proficient in home health and hospice electronic health records (EHR) systems
- Strong understanding of insurance billing and coding procedures
- Excellent communication, problem-solving, and analytical skills
- Ability to work independently and as part of a team
- Proven track record of success in resolving complex claims and patient billing issues
- Must have a stable and reliable internet connection