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Manager of Patient Collections

The Manager of Patient Collections, reporting to the Senior VP of Revenue Cycle Management (RCM), acts as a strategic leader for all revenue cycle functions and activities with the goal of optimizing revenue. This position is responsible for ensuring compliance with third party payor requirements as well as all applicable state/federal laws and regulations.

The Manager of Patient Collections, is accountable for ensuring the coordination of operations, procedures, and best practices for billing, collections and follow up, and denials management for the assigned practices and specialty service lines. Specific functional areas of oversight include payment posting; EDI claims and statement submission; AR follow up for insurance and self-pay; and collections workflows. This position works closely with registration, coding and clinical areas to optimize revenue collection while ensuring a seamless billing experience for patients.

Responsibilities

  • Directs all activities for assigned revenue cycle areas, ensuring optimal revenue collection and patient satisfaction with the billing experience and ensuring compliance
  • Leads a team of revenue cycle managers, supervisors and team members ensuring efficient and compliance in all areas of revue cycle, while optimizing collections
  • Works closely with IT department to optimize the use of technology to automate revenue cycle functions
  • Performs RCA (Root Cause Analysis) to resolve problems affecting the revenue cycle and develop solutions to implement
  • Monitors and develop key performance indicators
  • Develops and maintains appropriate internal controls in the Patient Accounts department
  • Ensures compliance with USAVC policies and procedures, health plan requirements, and federal and state laws and regulations
  • Bachelor's Degree Required
  • Minimum of 5 years progressively responsible revenue cycle experience Required
  • Minimum of 2 years prior revenue cycle experience in a physician-driven Patient Accounts department Required
  • Strong knowledge of Microsoft Excel (VLOOKUP and Pivot Tables) Required
  • Proven success in achieving revenue cycle efficiencies and improving cash
  • Track record of employee development
  • Thorough understanding of physician billing practices and procedures, including knowledge of state, local and federal laws
  • Strong knowledge of reimbursement rules and methodologies for both physician and ambulatory surgery billing

Only candidates able to commute to the jobs on-site location (Northbrook, IL) Monday through Friday 5 days a week will be considered. Remote work is not an option.

  • Health
  • Dental
  • Vision
  • 401K
  • PTO

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Manager of Patient Collections, USA Clinics Group

As the Manager of Patient Collections, you will play a crucial role in optimizing our revenue cycle here at our company, reporting directly to the Senior VP of Revenue Cycle Management. This position is all about ensuring not just compliance with federal laws and third-party payor requirements, but also enhancing the overall patient experience when it comes to billing and collections. You’ll lead a fantastic team of revenue cycle managers, supervisors, and other experts in this field, guiding them through efficient and compliant processes that drive results. Your responsibilities will focus on everything from payment posting, EDI claims submission, to the all-important follow-up on accounts receivable. Collaboration with our IT department will be key, as you'll be leveraging technology to streamline operations. You should have a Bachelor's degree and a solid five years of revenue cycle experience under your belt, as well as a minimum of two years in a physician-driven environment. This job is not remote; we're looking for candidates who can commute to our Northbrook, IL location five days a week. If you have strong Excel skills, a knack for achieving efficiency in revenue cycles, and a passion for employee development, we want to hear from you!

Frequently Asked Questions (FAQs) for Manager of Patient Collections Role at USA Clinics Group
What are the primary responsibilities of the Manager of Patient Collections at our company?

The Manager of Patient Collections is responsible for overseeing all aspects of the revenue cycle, including billing, collections, and follow-up processes. This role ensures compliance with state and federal regulations and focuses on optimizing revenue while enhancing the patient's billing experience.

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What qualifications are needed for the Manager of Patient Collections at our company?

Candidates must possess a Bachelor's degree and have at least five years of progressively responsible revenue cycle experience, along with a minimum of two years of revenue cycle experience in a physician-driven Patient Accounts department to qualify for the Manager of Patient Collections role.

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How does the Manager of Patient Collections ensure compliance with regulations?

Compliance in the Manager of Patient Collections position is maintained by developing and maintaining internal controls and overseeing all activities related to revenue cycle functions, ensuring adherence to USAVC policies, health plan requirements, and federal and state laws.

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What skills are essential for success as the Manager of Patient Collections in our company?

Strong knowledge of Microsoft Excel, particularly VLOOKUP and Pivot Tables, as well as a thorough understanding of physician billing practices and reimbursement methodologies are essential for success in the Manager of Patient Collections role.

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Can the Manager of Patient Collections position be performed remotely?

No, this is an on-site position in Northbrook, IL, requiring candidates to commute to work five days a week, as remote work options are not available for the Manager of Patient Collections role.

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Common Interview Questions for Manager of Patient Collections
What strategies would you implement to optimize the billing process as the Manager of Patient Collections?

In answering this question, emphasize your past experiences where you identified gaps in the billing processes and implemented solutions that improved efficiency and revenue collections. Present specific examples that highlight both strategic planning and teamwork.

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How do you keep updated with regulations related to billing and collections?

Discuss your strategies for staying current with billing regulations, such as attending trainings, webinars, or being part of professional forums. This shows your commitment to compliance and continuous learning, which is crucial for the Manager of Patient Collections role.

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Can you describe an incident where you had to resolve a significant issue in the revenue cycle?

Share a detailed account of a challenge you faced, the analysis you conducted, and the step-by-step solutions you implemented to resolve it. Highlight your problem-solving skills, particularly Root Cause Analysis techniques, relevant to the Manager of Patient Collections.

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What tools or technologies do you recommend for optimizing the revenue cycle?

Mention specific tools that fit well in the revenue cycle management sphere, such as billing software, automation tools, or data analytics platforms. Tailor your examples to illustrate how they could be applied in the Manager of Patient Collections role at our company.

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How would you approach team development as the Manager of Patient Collections?

Emphasize the importance of mentorship and continuous training in developing a successful revenue cycle team. Provide examples of how you've previously supported team members' growth and the positive impact it had on your organization.

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What is your experience with managing accounts receivable collections?

Discuss your hands-on experience managing accounts receivable, focusing on strategies you've employed that led to improved cash flow and reduced days in accounts receivable, specifically tailored to the responsibilities of the Manager of Patient Collections.

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How do you measure the effectiveness of the revenue cycle?

Focus your answer on the importance of key performance indicators (KPIs) and discuss specific metrics you have used to assess revenue cycle operations, explaining how those metrics guide initiatives for improvement in the Manager of Patient Collections role.

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

Provide insights into a specific challenge you encountered, outlining how you addressed the issue creatively and strategically, reflecting your ability to adapt to challenges relevant to the Manager of Patient Collections.

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How would you ensure patient satisfaction regarding billing inquiries?

Highlight the importance of communication, transparency, and accessibility in addressing patient inquiries effectively, and share examples of how you have successfully managed patient relationships as part of the role.

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How do you foster collaboration between departments to improve the revenue cycle?

Articulate your approach to interdisciplinary collaboration, providing examples that demonstrate how you facilitated communication and problem-solving across teams, essential for the success of the Manager of Patient Collections.

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MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 20, 2025

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