Manager of Revenue cycle - Collections at Medtronic focused on improving patient financial services. Leading teams and driving initiatives for efficiency and revenue in diabetes care.
Responsibilities
Responsible for the operational management of the multiple processes within Patient Financial Services, Diabetes
Support the Sr Manager / Director at conducting end-to-end business analysis and review of production, revenue, and cash to enhance strategies and deliver revenue targets
Lead, interact and collaborate with the onshore and offshore supervisors along with their teams who provide eligibility and insurance verification support to product sales teams
Develop and execute strategic work plans and directives, driving initiatives across onshore and offshore teams to increase productivity, efficiency, revenue, and cash flow while reducing PFS operational costs
Manage assigned processes, lead weekly / monthly process reviews with senior leadership
Lead quarterly and annual business planning, including budgeting, forecasting, and resource allocation.
Requirements
Bachelor’s degree and minimum of 5 years relevant experience, or advanced degree with a minimum of 3 years prior relevant experience
Business or Accounting major is preferred
15+ years’ experience in healthcare insurance collections, accounts receivable management, billing and claims processing, and insurance payor contracts
10+ years of experience leading large US Healthcare accounts receivable portfolio
Excellent interpersonal skills to communicate effectively with internal and external customers written and verbally
Advanced knowledge of insurance contracting, payor regulations, insurance benefits, coordination of benefits, managed care, and healthcare compliance, rules, and regulations
Advanced experience with reading, and understanding medical policy information, and utilizing insurance benefit and coverage information to recovery denied claims
Advanced experience with various insurance plans offered by both government and commercial insurances
Experience with medical billing and collections terminology – CPT, HCPCS, ICD-10 and NDC coding, HIPAA guidelines and healthcare compliance
Good operating knowledge of Microsoft programs, including Word, Excel, Visio, Power Point, and Teams
Ability to use Excel to generate reports, use of pivot tables and other features to analyze and present data.
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