Onsite Credit Services Manager – Insurance Collections

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About the role

  • 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)

Job title

Credit Services Manager – Insurance Collections

Job type

Experience level

Mid levelSenior

Salary

$94,400 - $141,600 per year

Degree requirement

Bachelor's Degree

Location requirements

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