Job Description
Revenue Cycle Administrator Title: Revenue Cycle Administrator
Location: Upper East Side
Org Unit: Billing
Work Days: Monday-Friday
Exemption Status: Exempt
Salary Range: $123,600.00 - $152,400.00
*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices
Position Summary Under guidance, is responsible for the managerial oversight of the management and evaluation of physician billing and collection activities. This role also assists in the development and implementation of strategies and procedures used to optimize revenue opportunities.
Job Responsibilities - Utilizes financial reports to develop action plans aimed at maintaining or improving financial and/or operational performance.
- Develops and implements billing guidelines and policies. Ensures daily billing and collections processes are compliant with regulatory requirements.
- Reviews, updates and maintains fee schedules and procedure code dictionaries. Develops, writes and distributes changes to WCM's coding rules when needed.
- Directs all cash management activities for professional services provided by physicians.
- Assesses new technology, prepares cost benefit analysis, makes recommendations and implements products/software that will improve operational performance.
- Manages vendor relationships with Weill Cornell Medicine.
- Analyzes data and develops procedures to reverse adverse trends.
- Establishes short and long range goals to optimize revenue operations.
- Ensures daily billing and collections processes are compliant with regulatory requirements.
- Ensures that managed care credentialing and related billing and financial related onboarding for new recruits occurs in a timely manner. Orients new faculty members to the billing process and the correct submission of charges and payments.
- Provides direction to and training of staff on functional specific tasks, applications, concepts, policies and/or procedures.
- Establishes operational benchmarks, metrics and productivity standards to streamline workflows and and identify improvement opportunities.
- Generates reports for analysis.
- Attends workshops, seminars and/or conferences to keep abreast of standards and best practices within the field. Disseminates information to colleagues and/or staff as appropriate.
Education Experience Approximately 5 years of related supervisory experience within physician billing
Knowledge, Skills and Abilities - Prior experience working with an eMR system.
- Demonstrated knowledge of medical terminology.
- Demonstrated knowledge of third party reimbursement.
Licenses and Certifications Working Conditions/Physical Demands Standard office work
Weill Cornell Medicine is a comprehensive academic medical center that is committed to excellence in patient care, scientific discovery, and the education of future physicians and scientists in New York City and around the world. Our doctors and scientists - faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and the Weill Cornell Physician Organization - are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where an international campus offers a U.S. medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Our medical practices serve communities throughout New York City, and our faculty provide comprehensive care at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian/Lower Manhattan Hospital, NewYork-Presbyterian Hospital/Brooklyn Methodist Hospital, NewYork-Presbyterian Hospital/Westchester Behavioral Health Center, and NewYork-Presbyterian/Queens. At Weill Cornell Medicine, we work together to treat each individual, not just their conditions or illnesses, as we strive to deliver the finest possible care for our patients - the center of everything we do. Weill Cornell Medicine is an Equal Employment Opportunity Employer. Weill Cornell Medicine provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.
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About Weill Cornell Medicine
Weill Cornell Medicine is a global healthcare leader known for the world-class patient care, cutting-edge research and top-ranked education. Every day, the employees of Weill Cornell Medicine improve lives across the city and around the globe. They help patients stay well, and our benefits and programs aim to help our employees and their families stay well by supporting their physical, financial, and professional health.
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Job Tags
Monday to Friday,