Accounts Receivable Transactions Manager

Accounts Receivable Transactions Manager

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Description

The Manager, Accounts Receivable Transactions, is responsible for overseeing the payment posting and reconciliation processes within the revenue cycle department. This position ensures the accurate and timely posting of payments, adjustments, and denials while maintaining compliance with healthcare regulations and financial policies. This role collaborates with billing, collections, and finance teams to optimize revenue operations and improve cash flow.

Essential Functions

• Oversees payment posting operations to ensure accurate and timely application of all payments, adjustments, and denials across multiple payers and patient accounts.
• Ensure daily reconciliation of posted payments with bank deposits and financial reports.
• Identifies and implements process improvements within payment posting workflow to enhance efficiency, accuracy, and overall performance.
• Monitors compliance with HIPAA, CMS, and other regulatory guidelines for healthcare revenue cycle operations.
• Reviews and interprets payment trend reports and account-level analytics to identify discrepancies, and support decision-making.
• Manage and develop team members, providing training, performance feedback, and ongoing support to maintain a high-performing, accurate, and engaged team.
• Collaborate with IT and finance teams to optimize revenue cycle management (RCM) software and electronic payment processes.
• Work closely with billing and collections teams to analyze denial trends and improve revenue recovery.
• Partners with internal departments and external payers to resolve payment discrepancies and ensure proper claim adjudication.
• Perform other duties as assigned.

Qualifications

Educational / Experience Requirements

Qualifications / Skills

Work Environment

Subject to multiple interruptions. The role may involve high pace and stress; must be able to cope in a demanding atmosphere. Work requires spending approximately 90% or more of the time inside a building that offers protection from weather conditions but not necessarily from temperature changes.

Seniority level

Employment type

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