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Revenue Cycle Management Specialist

Sandata Technologies, now part of HHAeXchange, is the pioneering force in home and community-based care, consistently leading the way with innovative technology solutions. The Sandata software solution has been implemented by thousands of homecare agencies nationwide, is leveraged by national MCOs, and has been selected by numerous state Medicaid agencies to ensure their compliance with the federal mandate to implement Electronic Visit Verification (EVV).


We are hiring an experienced Revenue Cycle Management (RCM) Specialist who thrives in a collaborative environment, working across multiple departments and engaging with diverse stakeholders to ensure our agencies are accurately reimbursed for their dedication and hard work.    


Must have a strong understanding of medical billing practices, insurance billing requirements, and reimbursement processes.  Strong communication and problem-solving skills, attention to detail, and the ability to work effectively in a fast-paced environment are also a must to succeed in this position.  


This position is in-office in Bloomington, MN. 

 

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily with or without reasonable accommodations.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Essential Job Duties
  • Billing Cycle Management: Generating and submitting claims to insurance companies, government programs, and other payers for services provided to patients.
  • Utilize agency management software to process billing tasks efficiently.

  • Payment Posting: Recording and posting payments received from insurance companies, patients and other sources to the appropriate patient accounts in the billing system.
  • Resolve short pays, monitor payment accuracy

  • Accounts Receivable Management: Monitor and follow-up on unpaid claims, rejections/denials, and any outstanding balances to ensure timely collections.
  • Research and resolve billing discrepancies or denial to facilitate reimbursement
  • Collaborate with payers to address claim disputes.
  • Proficient in industry-standard software platforms.

  • Home Health Agency knowledge: Understanding the processes and requirements related to exchanging health care information with Home Health Agencies, including compliance with regulations and standards.
  • Reconciliation: Performing regular reconciliation of accounts receivable records with payments received to identify and resolve discrepancies.
  • Communication: Collaborating with other departments and agencies, to resolve billing and payment issues and improve processes.
  • Compliance: Ensuring compliance with relevant healthcare regulations, such as HIPAA, and staying up to date with changes in billing and reimbursement guidelines.
  • Reporting: Generating reports on billing and AR performance, including key metrics and KPIs.
  • Effectively communicate with team members and management.
  • Obtain and maintain an understanding of customers’ objectives and goals.
  • Ensure security of personal health information (PHI) and report any violations or observations to management.


Other Job Duties
  • Other duties as assigned by supervisor or HHAeXchange leader.


Travel Requirements
  • Travel up to 10%, including overnight travel


Required Education, Experience, Certifications, and Skills
  • High school diploma required, Associate’s or Bachelor’s degree in healthcare administration, finance, or related field preferred
  • A minimum of 3+ years of RCM experience in the homecare industry preferred
  • Proficient in MS Office and MS Teams
  • Strategic and creative mindset
  • Excellent written and oral communication skills
  • Critical thinker with innovative problem-solving skills
  • Must be a self-starter and a team player


The base salary range for this US-based, full-time, and exempt position is $55,000 - $65,000 not including variable compensation. An employee’s exact starting salary will be based on various factors including but not limited to experience, education, training, merit, location, and the ability to exemplify the HHAeXchange core values.

 

This is a benefits-eligible position. HHAeXchange offers competitive health plans, paid time-off, company paid holidays, 401K retirement program with a Company elected match, including other company sponsored programs.


HHAeXchange is an equal-opportunity employer. The Company offers employment opportunities to all applicants and employees without regard to race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, medical condition, marital status, veteran status, citizenship, genetic information, hairstyles, or any other status protected by local or federal law.


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Average salary estimate

$60000 / YEARLY (est.)
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$55000K
$65000K

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What You Should Know About Revenue Cycle Management Specialist, HHAeXchange

Are you passionate about making a difference in the healthcare industry? Sandata Technologies, now part of HHAeXchange, is on the lookout for an experienced Revenue Cycle Management Specialist in the Greater Minneapolis-St. Paul Area. As a key player in our team, you’ll manage the billing cycle for our home and community-based care solutions, working collaboratively across departments and with various stakeholders. Your role will entail generating and submitting claims efficiently, recording payments accurately, and diligently following up on unpaid claims to ensure timely collections. We need someone with a strong background in medical and insurance billing processes, along with excellent communication and problem-solving skills. You will be navigating industry-standard software platforms and ensuring compliance with healthcare regulations like HIPAA. Your attention to detail will be essential as you reconcile accounts receivable records and address any discrepancies. If you're looking to thrive in a fast-paced, collaborative environment, where your contributions directly impact the reimbursement processes of homecare agencies, then this is the perfect opportunity for you! Join us in Bloomington, MN, and help us lead the way in ensuring caregivers are reimbursed for their dedication to providing quality care. We can’t wait to see how your skills and enthusiasm will elevate our mission!

Frequently Asked Questions (FAQs) for Revenue Cycle Management Specialist Role at HHAeXchange
What are the main responsibilities of a Revenue Cycle Management Specialist at Sandata Technologies?

The Revenue Cycle Management Specialist at Sandata Technologies is responsible for managing all aspects of the billing cycle, which includes generating and submitting claims to insurance companies and government programs. You will also be tasked with processing payments, monitoring unpaid claims, and resolving billing discrepancies to facilitate timely reimbursement for homecare services.

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What qualifications do I need to apply for the Revenue Cycle Management Specialist position at Sandata Technologies?

To be considered for the Revenue Cycle Management Specialist position at Sandata Technologies, you should have a high school diploma, preferably an Associate’s or Bachelor’s degree in healthcare administration or finance. Additionally, a minimum of 3 years of experience in revenue cycle management within the homecare industry is preferred, along with proficiency in MS Office and MS Teams.

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How important is teamwork in the Revenue Cycle Management Specialist role at Sandata Technologies?

Teamwork is crucial for the Revenue Cycle Management Specialist role at Sandata Technologies. You’ll collaborate with various departments and engage with diverse stakeholders to address billing issues and improve processes, which ultimately ensures our homecare agencies achieve accurate reimbursements for their services.

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What software skills are required for the Revenue Cycle Management Specialist at Sandata Technologies?

Proficiency in industry-standard software platforms is essential for the Revenue Cycle Management Specialist at Sandata Technologies. You will need to utilize agency management software effectively to manage billing tasks and ensure accurate reporting and payment posting.

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How does Sandata Technologies ensure compliance with healthcare regulations for the Revenue Cycle Management Specialist role?

At Sandata Technologies, the Revenue Cycle Management Specialist is required to stay informed about healthcare regulations, including HIPAA compliance. You will be responsible for ensuring that all billing practices align with current regulations and guidelines, safeguarding personal health information throughout the billing and reimbursement process.

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Common Interview Questions for Revenue Cycle Management Specialist
Can you describe your experience with managing the billing cycle in the healthcare industry?

In answering this question, you should highlight specific instances where you've effectively managed the billing cycle. Discuss the software you used, the types of claims handled, and your relationship with insurance companies. This will demonstrate your hands-on experience and knowledge in the field.

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How do you handle billing discrepancies when they arise?

The best way to answer this is to describe a systematic approach—such as identifying the source of the discrepancy, communicating with relevant parties, and following through until the issue is resolved. Sharing a specific example can illustrate your problem-solving skills in real scenarios.

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What strategies do you use to ensure timely collections from payers?

You should discuss your proactive approach to monitoring unpaid claims, following up on denials, and maintaining clear communication with payers. Mention tools or metrics you've used to track collections and how these have driven improvements in your past roles.

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How important is communication in the Revenue Cycle Management role, and how do you ensure effective communication?

Highlight how vital communication is for resolving billing issues with departments and clients. Discuss your methods for keeping lines of communication open, like regular meetings or updates, to ensure all stakeholders are informed and aligned.

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What role do you think technology plays in improving revenue cycle processes?

Emphasize your belief that technology aids in streamlining processes, enhancing accuracy, and providing real-time insights into billing and collections. Provide examples of software tools you’ve used that have improved efficiency in your previous work.

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Describe a time when you had to navigate complex billing regulations. How did you ensure compliance?

Answer by outlining a specific situation where you faced complex regulations. Explain your research and collaboration with legal teams or compliance officers, and how you implemented necessary changes in billing practices to maintain compliance.

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How do you prioritize tasks during a busy billing cycle?

Discuss your approach to prioritizing tasks, such as categorizing them by urgency or impact on revenue. Sharing a real-life example where effective prioritization led to successful outcomes can highlight your organizational skills.

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What is your experience with reconciliations and why is it important?

You should explain the reconciliation process and its significance in identifying discrepancies, ensuring accurate financial records, and maintaining trust with stakeholders. Providing an example from your work will strengthen your response.

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How do you stay updated on changes in billing and reimbursement guidelines?

Mention the resources you utilize, such as industry publications, webinars, and professional associations. This shows your commitment to continuous learning and adaptability in a constantly changing field.

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What challenges have you faced in revenue cycle management, and how did you overcome them?

Identify a specific challenge you’ve encountered in past roles, explain the strategies you employed to overcome it, and what the outcomes were. This showcases your resilience and problem-solving capabilities.

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Full-time, on-site
DATE POSTED
January 11, 2025

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