1. Revenue Analysis & Optimization
- Analyze AR trends, reimbursement patterns, and payer behaviors to identify revenue opportunities and gaps.
- Develop and implement strategies to enhance revenue integrity and maximize collections.
- Oversee charge capture audits and provide recommendations to improve provider documentation and coding accuracy.
- Identify underpayments and missed billing opportunities across all payer types.
2. Denial Management & Appeals Strategy
- Evaluate denial data to identify root causes and work with the RCM Manager to implement corrective action plans.
- Track denial trends by payer and lead efforts to reduce preventable write-offs.
- Guide the appeals process by ensuring timely follow-up and strong supporting documentation.
- Ensure billing practices remain current with evolving payer policies and regulatory requirements.
3. Revenue Cycle Strategy & Payer Collaboration
- Serve as a subject matter expert on payer reimbursement strategies and revenue cycle performance metrics.
- Collaborate with the COO and RCM Manager to align revenue cycle strategy with organizational priorities.
- Lead payer performance reviews and identify opportunities to renegotiate contracts or escalate chronic reimbursement issues.
- Provide insight on evolving reimbursement models, fee schedules, and payer initiatives impacting collections.
4. Process Improvement & System Optimization
- Recommend and implement process improvements to increase workflow efficiency and reduce revenue leakage.
- Collaborate with the RCM Manager to optimize the use of EHR and billing platforms (e.g., Modernizing Medicine).
- Lead revenue cycle reporting enhancements to improve visibility into key performance indicators (KPIs).
- Evaluate tools and technologies to support automation of charge capture, claims processing, and denials tracking.
5. Team Collaboration & Education
- Partner with the RCM Manager to align priorities and ensure consistent communication with the billing team.
- Co-develop training programs for staff focused on denial prevention, compliance, and payer documentation requirements.
- Facilitate cross-functional meetings to review revenue cycle performance, bottlenecks, and improvement initiatives.
- Establish KPIs that integrate front-end and back-end revenue cycle metrics with broader organizational goals.