Manager of Revenue cycle at Medtronic enhancing strategies to deliver revenue targets in Patient Financial Services. Collaborating with departments and managing processes in healthcare insurance collections.
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
Leading, interacting and collaborating with various departments
Leading the analysis of payer issue trends, researching, and resolving payer issues
Overseeing system updates and data analytics
Develop and execute strategic work plans and directives
Drive initiatives to increase productivity, revenue, and cash flow with the onshore and offshore delivery teams / supervisors
Manage assigned processes, lead weekly / monthly process reviews with sr. 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 ($1BN plus)
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
Benefits
Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
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