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A leading healthcare company is seeking a Revenue Manager to enhance their revenue cycle through effective data analysis and forecasting. This role involves managing personnel functions, analyzing key performance indicators, and ensuring compliance with regulations. Ideal candidates will hold a Bachelor's degree in finance and possess strong analytical skills with 5-7 years of relevant experience.
Summary:
Responsible for managing revenue data collection, analysis and forecasting for decision making and revenue enhancement. Regularly meet with business leaders to assess their needs, deliver actionable data and help drive revenue.
Essential Functions
Manage day-to-day personnel functions, such as recruitment, performance evaluation, training staff on policies, procedures, and regulatory changes, as well as assigning and coordinating projects.
Manage the preparation of analyses, reporting and recommendations for revenue leadership team and other internal customers, including statistical data analysis, identifying key performance indicators, forecasting figures and other metrics.
Contribute to the development of policies, procedures and enhancements to the revenue cycle function.
Prepares and analyzes statistical data identifying key performance indicators.
Maintains department and organization compliance with government and contract regulations related to revenue cycle operations.
Develops ideas and initiatives to enhance revenue cycle performance. Determines entity specific revenue enhancement plans, estimates the value of the impact, and monitors in the budget process.
Reviews error queues, claim rejections, and denial trends. Makes recommendations for improvement and oversees operational changes.
Required for All Jobs
Performs other duties as assigned
Complies with all policies and standards
Does this position require Patient Care? No
Education
Bachelor's Degree Finance preferred.
Licenses and Credentials
Experience
Revenue, Finance or Accounting experience 5-7 years required
Knowledge, Skills & Abilities
Strong analytical skills and problem-solving skills, including advanced proficiency in Excel and other financial tools.
Excellent verbal and written communication skills, with the ability to effectively present information and respond to questions from team members, department leaders and/or third parties.
Ability to independently make decisions under pressure and meet deadlines in a fast-paced dynamic environment.
Strong problem-solving skills and attention to detail.