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Director Of Rcm Jobs in Ohio (NOW HIRING)

Manages Program and Project Managers and works with direct and indirect (matrix-structured) analysts teams across RCM IT, ITD, CSO, Communications and Training. Act as first point of escalation from ...

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Director Of Rcm information

What does a director of RCM do?

A Director of RCM (Revenue Cycle Management) oversees all aspects of the revenue cycle within a healthcare organization. This includes managing patient registration, billing, claims processing, and collections to optimize revenue and ensure compliance with regulations. They develop strategies to reduce denials, improve cash flow, and streamline processes across departments. Additionally, they often lead teams, analyze financial data, and implement new technologies to enhance efficiency and accuracy.

What are the key skills and qualifications needed to thrive as a director of RCM, and why are they important?

To thrive as a Director of Revenue Cycle Management (RCM), you need expertise in healthcare finance, medical billing, coding, and typically a bachelor's degree in healthcare administration or a related field. Familiarity with RCM software platforms, EHR systems, and relevant certifications like Certified Revenue Cycle Executive (CRCE) are highly valued. Strong leadership, problem-solving abilities, and effective communication skills help manage teams and drive process improvements. These skills are crucial for optimizing revenue streams, ensuring compliance, and maintaining the financial health of healthcare organizations.

What are some common challenges directors of RCM face when overseeing revenue cycle operations, and how can they proactively address them?

Directors of Revenue Cycle Management (RCM) often encounter challenges such as maintaining compliance with evolving healthcare regulations, ensuring timely reimbursements, and coordinating cross-departmental workflows. Proactively addressing these issues involves implementing robust training programs for staff, leveraging technology to track key performance indicators, and fostering strong communication between billing, coding, and clinical teams. Staying current with payer requirements and collaborating closely with IT and compliance teams can also help mitigate risks and improve overall revenue cycle efficiency.

What is the difference between Director Of Rcm vs Revenue Cycle Manager?

AspectDirector Of RcmRevenue Cycle Manager
CredentialsTypically requires a bachelor’s degree in healthcare administration, finance, or related field; certifications like CPC or RHIT are commonUsually holds a bachelor’s degree; certifications like CPC or RAC may be preferred
Work EnvironmentOversees multiple departments, strategic planning, and high-level decision-making in healthcare organizationsManages daily revenue cycle operations, billing, and collections at departmental level
Employer & Industry UsageCommonly found in hospitals, large clinics, and health systemsTypically employed in hospitals, physician practices, and outpatient facilities

The main difference is that the Director Of Rcm focuses on strategic oversight and leadership of the entire revenue cycle, while the Revenue Cycle Manager handles day-to-day operations and departmental management. Both roles require healthcare finance knowledge and certifications, but the Director role involves higher-level planning and decision-making.

How much does a director of RCM make?

A Director of Revenue Cycle Management (RCM) typically earns between $100,000 and $180,000 annually, depending on experience, location, and the size of the organization. They often oversee billing, collections, and coding teams, requiring strong leadership and healthcare industry knowledge.

What cities in Ohio are hiring for Director Of Rcm jobs?

Cities in Ohio with the most Director Of Rcm job openings:

Denials Specialist, RCM

Cincinnati, OH • On-site

Mayfield Brain & Spine
Outpatient Health Care • 201 - 500 employees

Full-time

Posted 2 days ago

New


Job description

This Specialist will join the claims follow-up team and be responsible for processing insurance company remittances, denial follow-up, and other tasks related to insurance claim accounts receivable. The Revenue Cycle Management (RCM) team is looking for someone with insurance claims denials follow-up experience, plus critical thinking skills, attention to detail, and the ability to learn quickly and adapt to a changing environment.

Education/Experience:

  • High School Diploma required
  • Two years' experience in healthcare administration/revenue cycle
  • CRCR Certification preferred

Skills:

  • Demonstrates excellent customer service
  • Ability to convey empathy
  • Strong problem-solving, problem-prevention, and decision-making skills
  • Ability to manage and prioritize multiple tasks in fast-paced environment
  • Excellent oral and written communication skills
  • Ability to maintain composure and restore calm in a stressful situation
  • Uses good judgment and diplomacy when dealing with others
  • Desire and ability to work in a team environment
  • Computer proficient with the ability to learn multiple software applications
  • Ability to work with minimal supervision

Primary Responsibilities: The purpose of this position is to execute follow-up actions on insurance claims; expedite positive cash flow, maximize reimbursement, and resolve claims denials and issues with payers in the assigned area of the Revenue Cycle claims process.

Essential Functions:

  • Help develop &maintain a corporate culture that supports the mission and values of Mayfield Clinic
  • Follow up on submitted electronic & hard copy claims in an accurate, timely manner; submit appeals, make corrections to overturn denials, post payments, & process takeback requests as required.
  • Make all necessary corrections to claims that do not pass billing edits/payer requirements & resubmit to payers.
  • Contact payers regarding unpaid claims. Research and/or ensure that questions and requests for information are addressed in a timely & professional manner to ensure resolution & reimbursement.
  • Ensure timely & accurate posting of remittance advice information & follow up as needed to ensure full, expected reimbursement for services provided.
  • Maintain documentation and update our practice management system for appropriate claims submission & other pertinent information to identify action taken.
  • Make necessary adjustments as appropriately required by plan reimbursement & company policy.
  • Prioritize claims based on aging and outstanding dollar amounts or as directed by management.
  • Research & initiate requests for refunds for accounts with credit balances.
  • Answer & initiate phone inquiries regarding bills, charges, claims, and account status.
  • Update data in the practice management system as required.
  • Contribute to the team environment by performing other duties as assigned.

Physical Requirements:

  • Hand Movement, including repetitive motions, grasping, holding, and finger dexterity. Reading, Writing, and Hand-Eye Coordination. Vision, including color distinction, and visual inspection. Hearing, Talking, Sitting, Lifting up to 10 pounds, Bending, Reaching

Mayfield Clinic Mission: To provide the best neurological care for our patients through:

  • Superior clinical outcomes
  • Compassionate patient care
  • Education and research
  • Innovation

Mayfield Clinic Values: All associates who are affiliated with the Mayfield Clinic must agree to use these values as a basis for their employment, and recognize that they are part of the associates annual Performance Review and Development Plan:

  • Integrity: We commit to honest and ethical behavior in all of our endeavors and interactions.
  • Excellence: We commit to the highest level of performance and continuous improvement.
  • Respect: We embrace the importance of all individuals & value their diverse backgrounds, skills & contributions.
  • Compassion: We commit to being compassionate and empathetic in all of our interactions.
  • Collaboration: We embrace teamwork, mentoring, cooperation, sharing of expertise, & empowerment.