As a Reimbursement Services Manager, you will oversee and manage the daily operations of accounts receivable for all aspects of AM&D’s revenue cycle, which includes billing, remittance, collections, and banking process, as well implementing process improvements.
Your role:
Identifying payor trends and making recommendations for increased revenue opportunities and issue resolutions. Also, documenting and analyzing payor issues to determine root cause of denials as well as ensure issues are resolved in a timely manner.Continuously reviewing processes for optimizing workflow to drive revenue and efficiencies. As well as reviewing metrics and determining workflow and staffing needs to address any gaps swiftly.Proactively interacting with all internal departments to ensure that patient and payor needs are met with the highest degree of quality.Overseeing and monitoring vendor relationships to ensure contract compliance and performance to maximize cashflow.Collaborating with Finance and Strategic Contracting to ensure we are compliant with USGAAP and Sarbanes Oxley.You're the right fit if:
You’ve acquired 6+ years of experience with Revenue Cycle Management in the healthcare industry, with a minimum of 3 years in leadership.Your skills include experience analyzing issues and metrics for the purpose of documenting and developing improved processes. You have strong knowledge of payor and/or insurance billing. Exposure to Soarian (a plus).You have a bachelor’s degree in Business Economics, Finance and/or Accounting orientated study (required).You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position. You have advanced verbal and written communication with internal/external partners, are self-motivated, detail-oriented, and have the ability to work independently as well as in a team environment.How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
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The pay range for this position in Malvern, PA is $81,000 to $138,000
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Malvern, PA.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.