What is a revenue cycle manager?
Career: Revenue Cycle Manager
As a revenue cycle manager, you manage patient billing and insurance claims for a medical facility. Your job duties include creating reports, analyzing data, identifying lost revenue, collecting payments, and implementing revenue cycle management (RCM) strategies to minimize losses. In value-based health care systems, RCM uses patient outcomes to determine billing amounts. The qualifications for a career as a revenue cycle manager are a bachelor’s degree in business administration or finance and a familiarity with medical billing, Medicaid, and Medicare. You need excellent problem-solving skills and interpersonal skills for jobs in RCM.
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