MANAGER, REVENUE CYCLE MANAGEMENT

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

WORKING AT ABBOTT

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

THE OPPORTUNITY

This position works out of our Livermore, CA location in the Heart Failure division.

As the Manager, Revenue Cycle Management you will lead and manage the company’s healthcare cash posting process within Revenue Cycle management team on EMR, including leading payor EDI enrollments and lockbox communications. This is a role that will support the company in meeting its financial and strategic goals but must also be comfortable operating in the day-to-day details. Additional responsibilities include recruiting, training, developing, and managing inhouse on-shore , off-shore team.

WHAT YOU’LL WORK ON

• Lead and manage the company’s healthcare cash posting and lockbox activities , including Medicaid, Medicare, Managed Care, and third-party payors transactions on multiple EMR’s and other applications
• Ensure all revenue cycle activities comply with federal, state, and payer regulations, including HIPAA and other applicable standards in cash transactions.
• Lead payment review processes, oversee compliance with insurance payment regulations and payer requirements.
• Support organizational audits and financial reviews while upholding the highest standards of ethical practices.
• Lead in terms of setting up EMR systems, as well as a strong capacity to implement Payor & Billing, cash posting “set-up” rules and logic within an EMR system. Trouble shoot large 835 transaction related isues.
• Experience in working on any of the EMRs like Brightree, Xifin, Epic/ Cerner and others
• General ledger maintenance, financial analysis, reporting, and compliant cash posting management consistently
• Strong understanding of healthcare revenue cycle processes, payer regulations, and compliance requirements. NY CDPAP experience or FMS/self-direction experience in revenue cycle with another vendor or MCO/State Medicaid Agency
• Provide regular updates to executive leadership on revenue cycle performance, financial health and KPI’s of Revenue Cycle management
• Lead, direct, evaluate, and develop a team of cash posting professionals to ensure accounting activities are completed accurately and on time.

REQUIRED QUALIFICATIONS

• Associates Degree in Health Care administration, Finance/Accounting, or related field. Or equivalent years of experience.

• Minimum 7 years in relevant experience

• Revenue cycle experience

• Cash posting and reconciliation experience

PREFERRED QUALIFICATIONS

• Preferred HFMA or other Revenue Cycle license or certificate

• Masters Degree (± 18 years) MBA, CPA, CMA

• Knowledge of Accounting & Finance

The base pay for this position is $112,000.00 – $224,000.00. In specific locations, the pay range may vary from the range posted.