Lead Revenue Cycle Specialist

Join our team at Meritus Health as a Lead Revenue Cycle Specialist and play an integral role in ensuring the financial success of our organization. We are seeking a highly skilled and motivated individual who is passionate about revenue cycle management and has a strong background in healthcare billing and coding. As the Lead Revenue Cycle Specialist, you will have the opportunity to lead a team and implement best practices to optimize revenue and improve overall financial performance. If you are dedicated, detail-oriented, and have a desire to make a difference in the healthcare industry, we encourage you to apply.

1. Oversee the daily operations of the revenue cycle department, including billing, coding, and accounts receivable management.
2. Develop and implement strategies to improve revenue cycle processes and increase efficiency.
3. Train and mentor team members on revenue cycle best practices and ensure compliance with industry regulations.
4. Analyze and interpret financial data to identify areas for improvement and make recommendations to upper management.
5. Collaborate with other departments to ensure accurate and timely coding and billing practices.
6. Monitor and address any billing or coding errors to minimize claim denials and ensure timely reimbursement.
7. Stay updated on industry changes and regulations related to revenue cycle management and communicate any updates to the team.
8. Conduct regular audits to ensure accuracy and compliance with coding and billing guidelines.
9. Develop and maintain relationships with payers to negotiate contracts and resolve any billing disputes.
10. Lead team meetings and provide regular updates on department performance to upper management.
11. Work with IT and other departments to implement and optimize revenue cycle software and systems.
12. Create and maintain department policies and procedures to ensure consistency and compliance.
13. Collaborate with finance and accounting teams to reconcile accounts and provide financial reports.
14. Manage and prioritize workload for team members to meet deadlines and maintain productivity.
15. Serve as a liaison between the revenue cycle department and other departments to improve cross-functional communication and collaboration.

According to JobzMall, the average salary range for a Lead Revenue Cycle Specialist in Hagerstown, MD, USA is $50,000-$70,000 per year. However, this may vary depending on the specific company, industry, and level of experience of the individual. Factors such as bonuses, benefits, and location may also impact the overall salary package.

Meritus Medical Center, the health system’s flagship facility, is a Magnet® Recognized and Joint Commission accredited 256-bed community and teaching hospital that serves as the clinical training site for western Maryland’s only family medicine residency program. Originally named Washington County Hospital, the hospital relocated in 2010 and is known for cancer care, inpatient rehabilitation, cardiac care, a Level III trauma center and emergency department, a Level II special care nursery and women’s and children services.