Financial Operations Director
5 days ago
Company Background
RemoteRaven is a company that focuses on optimizing revenue cycles for healthcare practices. As a Financial Operations Director, you will play a crucial role in improving our clients' financial outcomes.
Key Responsibilities
- Manage end-to-end revenue cycle operations, including coding, billing, claims submission, payment posting, denial management, and collections.
- Implement process improvement strategies to streamline workflows, reduce claim denials, and improve cash flow.
- Ensure compliance with Medicare, Medicaid, and commercial payer policies, as well as HIPAA and other healthcare regulations.
- Analyze trends in claim denials and outstanding accounts receivable, developing corrective action plans to optimize collections.
- Oversee patient billing procedures and ensure clear communication regarding financial responsibilities.
- Generate and analyze revenue cycle reports, providing insights and recommendations to leadership on financial performance.
- Train and supervise billing and coding staff, fostering a culture of accountability and efficiency.
- Work with RemoteRaven's EHR and billing systems to ensure seamless integration and accurate data management.
Requirements
- Bachelor's degree in healthcare administration, finance, or a related field preferred.
- Minimum of 3-5 years of experience in medical billing, coding, and revenue cycle management, preferably in a sleep medicine or specialty practice.
- Strong knowledge of insurance payers, CPT/ICD-10 coding, and reimbursement policies.
- Experience with EHR and practice management systems (experience with Athena is a plus).
- Excellent analytical, problem-solving, and communication skills.
- Ability to lead a team and work collaboratively across departments.
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