Revenue Cycle Account Manager

Welcome to Massachusetts General Hospital, one of the top-ranked hospitals in the nation. We are currently seeking a highly motivated and experienced Revenue Cycle Account Manager to join our dynamic team. In this role, you will play a crucial part in our revenue cycle operations, ensuring the financial stability of our organization. As a successful candidate, you will possess a strong understanding of healthcare revenue cycle management and have a proven track record of managing accounts and driving revenue growth. If you are a detail-oriented and results-driven professional with a passion for making a positive impact in the healthcare industry, we invite you to apply for this exciting opportunity.

1. Oversee and manage the revenue cycle operations for Massachusetts General Hospital, ensuring accurate and timely processing of all financial transactions.
2. Develop and implement strategies to maximize revenue and minimize financial risk for the organization.
3. Monitor and analyze revenue trends and identify areas for improvement.
4. Collaborate with various departments, including billing, coding, and finance, to ensure proper documentation and coding for accurate billing.
5. Review and audit patient accounts to ensure proper billing and reimbursement.
6. Serve as a liaison between the hospital and insurance companies to resolve any billing or reimbursement issues.
7. Train and educate staff on revenue cycle best practices and procedures.
8. Develop and maintain relationships with key stakeholders, including insurance companies, to negotiate contracts and resolve payment discrepancies.
9. Monitor and ensure compliance with all relevant laws, regulations, and policies related to revenue cycle management.
10. Generate reports and provide regular updates to senior management on revenue cycle performance and areas for improvement.
11. Continuously identify and implement process improvements to enhance efficiency and effectiveness of revenue cycle operations.
12. Stay informed about industry trends and changes in regulations and adjust revenue cycle strategies accordingly.
13. Handle any escalated issues or inquiries related to revenue cycle management.
14. Maintain confidentiality and adhere to all HIPAA regulations when handling sensitive patient information.
15. Represent Massachusetts General Hospital with professionalism and integrity in all interactions with internal and external stakeholders.

According to JobzMall, the average salary range for a Revenue Cycle Account Manager in Boston, MA, USA is $65,000 - $90,000 per year. This may vary depending on the specific company, experience level, and other factors such as bonuses and benefits.

Massachusetts General Hospital (Mass General or MGH) is the original and largest teaching hospital of Harvard Medical School located in the West End neighborhood of Boston, Massachusetts, United States. It is the third-oldest general hospital in the United States and has a capacity of 999 beds. With Brigham and Women's Hospital, it is one of the two founding members of Mass General Brigham (formerly known as Partners HealthCare), the largest healthcare provider in Massachusetts. Massachusetts General Hospital houses the largest hospital-based research program in the world, the Mass General Research Institute currently ranked as the eighth-best hospital in the United States by U.S. News & World Report.