Revenue Cycle Manager job opportunity at Abbott.

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DatePosted 30+ Days Ago bot
Abbott Revenue Cycle Manager
Experience: 5-years
Pattern: full-time
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degreeAssociate
loacation United States - Florida - Lake Mary, United States Of America
loacation United States ..........United States Of America

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.       JOB DESCRIPTION: Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to: Career development with an international company where you can grow the career you dream of. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with a high employer contribution Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree. A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity This position works out of our Lake Mary, FL location in the Abbott Heart Failure, Acelis Connected Health business. Our Heart Failure solutions are helping address some of the World’s greatest healthcare challenges. In this role the core purpose of the Revenue Cycle Manager’s role is to improve profitability by reducing the amount of denied claims and strategically managing the Accounts Receivable. Revenue Cycle Management is a process, not a product and it’s a strategic investment as opposed to overhead costs, engaging in new payment models. RCM is at the forefront to increase bottom line returns vs. increased provision and provide excellent customer satisfaction tied to statement generation and up to full balance collections. What You’ll Work On Management responsibility for ACH’s Collections/ Denials Management/Credit Balance   function, including support staff and establishment of goals and   objectives .   Leads activities associated with identifying Revenue Cycle opportunities and exposures, assessing alternatives, delivering recommendations to management, supporting implementation to chosen alternatives, and   optimizing   outcomes in association with overall business   objectives .   Develops,   maintains ,   monitors   and implements actions in association with Revenue Cycle specific Business Performance Metrics and People Performance Metrics.   Interacts weekly and collaboratively with API and   assist   with final interviews of TL’s and SME’s, payer trending,   changes   and/or alterations to work instructions, reviews productivity outputs, DSO trends, cash   trends   and   viable   opportunities to increase cash.   Defines and leads activities in support of ACH’s Systems and Controls roadmap for the Claims/Collections/Posting organization, promoting an environment that aligns effectively with existing and emerging regulatory trends and requirements.   Partners with functional stakeholders for purpose of driving measurable continuous improvements   Establishes Revenue Cycle subject matter   expertise   and develops teammates to promote an organization centered on the philosophy of continuous improvement.   Engages to support broader business initiatives involving technology/systems, process engineering, culture of controls, organizational training/development, internal/external audit activities, etc.   Responsible for the management of the daily   AR management   operations, including data downloads, transfers, adjustments,   and   accounts receivable.   Monitors coding, charge posting, billing, payment and collection for compliance with established policies & procedures.   Follows all regulatory policies and procedures,   privacy   and security standards   in accordance with   government agencies to include HIPAA requirements.   Analyze trends using reporting to diagnose   possible issues   with clients or payers and continuous improvement of processes.   Works closely with leadership to   maintain   appropriate   RCM   policies and procedures for each function within the   AR   department. Implement new policies or revise current policies as needed. Ensure staff adheres to   established   policies and take corrective action as needed.   Review customer account adjustments, write offs, reconciliations, and credit memos   Maintain a working knowledge of all federal,   state   and local governmental regulations that affect the collections and process, including the Fair Debt Collection Act and the Fair Credit Reporting Practices Act   Performs other   duties as   assigned by superiors.   Required Qualifications   Bachelor’s Degree or equivalent amount of education and experience. 5+ years of experience in healthcare revenue cycle management.   Understanding of   the Health Insurance industry and the impact various departments have on one another.   Must have strong verbal and written communication skills and effectively communicate to all levels of constituents, including prospects/clients/providers/brokers   Must have strong organizational skills and strong Account Management skills   Ability to lead,   manage   and motivate a multi-functional team. Ability to manage and lead teams to ensure departmental goals and   objectives   are achieved and exceeded.   Conducts   accurate   and   timely   assessment of subordinates through annual performance reviews. Maintains accuracy of time and attendance data for area of responsibility Conducts supervisory responsibilities   in accordance with   the organization’s policies and applicable labor laws.   Maintains a culture of accountability by setting clear objectives for all employees in areas of responsibility through regular follow-up, variance tracking and results.   Preferred Qualifications 5+ years of client support experience preferred.   10+ years of managing teams.   Ability and willingness to work‚ as necessary‚ after hours and weekends   Apply Now Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott , and on Twitter @AbbottNews.       The base pay for this position is $99,300.00 – $198,700.00 In specific locations, the pay range may vary from the range posted.       JOB FAMILY: Manufacturing       DIVISION: HF Heart Failure          LOCATION: United States > Lake Mary : 1101 Greenwood Boulevard       ADDITIONAL LOCATIONS:       WORK SHIFT: Standard       TRAVEL: Yes, 10 % of the Time       MEDICAL SURVEILLANCE: No       SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)       Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.       EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf       EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

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