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Revenue Cycle Manager

Interdynamics Inc
Hyattsville, MD Full Time
POSTED ON 10/12/2023 CLOSED ON 10/16/2023

What are the responsibilities and job description for the Revenue Cycle Manager position at Interdynamics Inc?

Interdynamics, Inc., a behavioral health firm is hiring immediately for a Revenue Cycle Manager to manage all services that revolve around medical/insurance billing and coding (i.e., administering medical insurance policies, claims, and assisting healthcare providers in collecting payments from insurance companies and Medicaid and Medicare). The Medical Billing Manager will use specialized knowledge of insurance policies to communicate with insurance companies on behalf of the agency’s personnel and patients. The primary goal of the Medical Billing Manager is to have Interdynamics paid promptly and ensure billing practices are ethical and compliant with government regulations and guidelines.

Duties and Responsibilities

  • Process insurance claims and expedite the medical billing process with government and commercial vendors
  • Address claims in collections and upload documents in electronic health record (EHR) database
  • Must understand collections, payment posting, medical billing, and third–party payers with thorough knowledge and working experience of CPT and ICD9 codes, UB04 claim forms, HCFA 1500, HIPAA, medical terminology, appeal processes, billing, insurance regulations and insurance benefits
  • Review missed client visits for possible billable claims
  • Verify patient/client’s insurance information
  • Review claims information before submission in EHR
  • Post insurance and patients’ payments and manage accounts
  • Submit claims and follow-up with insurance carriers on unpaid or rejected claims
  • Answer patient inquires on account status and charges
  • Collect all information needed to calculate the accurate amount of accounts receivables
  • Check data input in the billing system to ensure accuracy of final bill
  • Resolve issues related to invoices and bills sent to customers through various channels (mail, e-mail etc.)
  • Check referral emails daily for front desk and e-Faxes
  • Contribute to team effort when required

Requirements

Bachelor’s Degree in Accounting or related field with 10 years minimum experience. Strong management skills, ability to appropriately assign or delegate work and authority to others in the accomplishment of goals. Knowledge of QuickBooks and basic accounting experience.

Salary.com Estimation for Revenue Cycle Manager in Hyattsville, MD
$105,134 to $146,818
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