Billing Manager

Spineandsportsmed; Glen Rock (NJ); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

Life & Disability Insurance

Paid vacation, sick time, and holidays

401(k) match

Access to Rain – flexible earned wage

Hybrid work schedule

Competitive base salary + Bonus

Job summary

SportsMed Physical Therapy in the Northeast is seeking a Billing Manager to oversee AR teams, drive reimbursement, and lead revenue cycle improvements.

The role focuses on denial management, collections, and staff development within a hybrid work environment, offering competitive compensation.

Qualifications

• Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field preferred.
• Minimum of 5 years of healthcare billing, collections, or revenue cycle experience.
• Minimum of 2 years of leadership experience in a medical billing environment.
• Strong knowledge of medical billing practices, reimbursement methodologies, and payer regulations.
• Experience with electronic medical records (EMR) and practice management systems.
• Proficiency in Microsoft Excel and reporting tools.

Responsibilities

• Oversee AR teams and optimize reimbursement through billing, collections, denial management, and follow-up.
• Lead daily Revenue Cycle Operations and monitor work queues.
• Monitor payer trends and implement corrective action plans.
• Prepare monthly reports for Revenue Cycle leadership.
• Ensure compliance with HIPAA and payer requirements.

Skills

Leadership experience

Healthcare revenue cycle expertise

Analytical skills

Education

Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field

Tools

EMR systems

Practice management systems

Microsoft Excel

Reporting tools

Job description

SportsMed Physical Therapy is a leading outpatient physical therapy provider in the Northeast delivering high-quality, multidisciplinary care across orthopedic, sports, neurological, vestibular, and rehabilitation populations.

Our facilities feature state-of-the-art equipment for the effective treatment of a variety of orthopedic and sports-related injuries.

Position Summary

The Billing Manager is responsible for overseeing designated Accounts Receivable (AR) teams and ensuring optimal reimbursement through effective billing, collections, denial management, and follow-up activities. This role provides day-to-day leadership, coaching, and performance management for assigned staff while driving accountability for revenue cycle metrics and collection goals.

The Billing Manager serves as a key operational leader within the Revenue Cycle department and is responsible for improving financial performance, reducing aged receivables, enhancing staff productivity, and supporting a culture of continuous improvement.

Revenue Cycle Operations

• Manage daily operations for assigned Accounts Receivable teams.
• Monitor and prioritize work queues to ensure timely account resolution.
• Oversee claim follow-up, denial management, appeals, and collection activities.
• Identify and resolve reimbursement issues impacting cash collections.
• Ensure timely resolution of payer and patient account inquiries.
• Monitor payer-specific trends and implement corrective action plans.
• Collaborate with operational teams to improve reimbursement outcomes.

Financial Performance

• Drive achievement of monthly collection goals.
• Monitor and reduce Days in Accounts Receivable (AR).
• Develop strategies to reduce aged balances and increase cash collections.
• Analyze denial trends and implement recovery initiatives.
• Monitor underpayments and pursue recovery opportunities.
• Ensure compliance with payer guidelines and billing regulations.

Leadership and Team Management

• Directly supervise assigned supervisors, team leads, and billing staff.
• Establish performance expectations and accountability measures.
• Conduct regular staff meetings, coaching sessions, and performance reviews.
• Develop staff through training, mentoring, and cross-training opportunities.
• Foster a positive, collaborative, and results-oriented work environment.

Reporting and Analytics

• Analyze department performance metrics and productivity trends.
• Prepare monthly reports for Revenue Cycle leadership.
• Track collection performance, AR aging, denial rates, and productivity.
• Utilize data to identify opportunities for operational improvement.

Compliance

• Ensure compliance with all payer requirements, HIPAA regulations, and company policies.
• Maintain accurate documentation and billing records.
• Support internal and external audits as required.

Required

• Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field preferred.
• Minimum of 5 years of healthcare billing, collections, or revenue cycle experience.
• Minimum of 2 years of leadership experience in a medical billing environment.
• Strong knowledge of medical billing practices, reimbursement methodologies, and payer regulations.
• Experience with electronic medical records (EMR) and practice management systems.
• Proficiency in Microsoft Excel and reporting tools.

Preferred

• Experience within Physical Therapy, Chiropractic, Orthopedic, or Outpatient Healthcare settings.
• Experience managing Accounts Receivable teams.
• Knowledge of Medicare, Commercial, Workers' Compensation, No-Fault, and Patient Billing processes.

• Medical, Dental, Vision Insurance
• Life & Disability Insurance
• Paid vacation, sick time, and holidays
• 401(k) match
• Access to Rain – flexible earned wage advance benefit
• Hybrid work schedule
• Competitive base salary + Bonus