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Manager of Accounts Receivable

Ellicott City, MD, United States

We are hiring a Third Party Accounts Receivable Manager who will be responsible for overseeing the pursuit of complete, accurate, and timely full revenue cycle processes for assigned Healthcare and ancillary business lines. This individual will be responsible for the daily management of staff in an effort to ensure the overall revenue cycle is optimized and serves as the liaison in responding to accounts receivable inquiries for the solution of billing issues or information or interpretation from third parties.

How you will make an impact:

Oversees the accurate and timely third party pre-billing review, billing, follow-up, and cash posting of charges for assigned communities and business lines.

Oversee monthly third party billing and assures billing is accurate; analyzes and reconciles accounts receivable data and transactions in a timely manner; initiates contact with various parties regarding accounts receivable invoices as needed.

Ensure collections are being managed properly; determine appropriate corrective action to take when confronted with accounts receivable discrepancies; take initiative to assure that corrective action is completed.

Resolve bank reconciliation variances and review and approve write-offs and adjustments.

Participate in weekly and monthly meetings with the Management team and Community A/R review calls. Be prepared with relevant information, analysis, and suggestions. Track action items from meetings and follow up.

Review and enhance billing, collection, and cash posting processes for efficiency and best practice; ensure systems are fully functional and maximized and recommend new processes to improve current workflow.

Work with team members in a matrix environment to improve business processes, training materials, data clean-up, and ongoing support.

Follows up with staff members on quality processes, such as audit accuracy pre-bill review, billing timeliness, accuracy, working denials, filing appeals, etc.

Work with leadership to define and manage daily, weekly, and monthly KPIs to ensure the team is performing at the expected level throughout the month.

Prepare and review weekly and quarterly reporting to identify problem areas to work on and to ensure that the team is on track to reach all of its goals. Examples of reporting would include denial reporting, collection notes reports, aging reports, credit and “at-risk” claims reports, and a weekly dashboard report.

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Manager of Accounts Receivable jobs in Ellicott City, MD, United States

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