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Chicago Behavioral Hospital

Revenue Cycle Manager

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What they do

A Revenue Manager manages revenue flows for an organization. Prepares financial statements and business activity and forecasting reports; supervises accounting and preparation of financial reports; advises management with regard to finance decisions.

$160,938 / year median in Illinois

+5% projected growth

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Job Description

JOIN OUR TEAM AS A REVENUE CYCLE MANAGER!
On site and bonus eligible! Your Work Matters How will you make a difference? The Revenue Cycle Manager function is responsible for overseeing timely follow-up and collection of third-party payer receivables to ensure maximum reimbursement and minimal aging of accounts. This role supervises billers, collectors, and financial counselors; serves as the primary liaison between the facility and third-party payers; and supports month-end close processes. Responsibilities include reviewing and troubleshooting accounts, processing and submitting weekly and monthly reports, preparing required logs, training and supporting staff, and ensuring adherence to departmental, facility, and corporate policies. Working knowledge of hospital billing, insurance regulations, and revenue cycle operations is required. Job Related Skills Knowledge of hospital billing and collection workflows, including third-party payer follow-up. Knowledge of general ledger accounts and adjustment processes. Knowledge of report preparation, logs, and reconciliation for month-end close. Knowledge of computer systems and software applications, including basic MS Excel. Skill in organizing, supervising, and prioritizing workloads to meet strict deadlines. Skill in reviewing staff work and recommending performance improvements. Ability to communicate effectively with patients, staff, leadership, and third-party payers. Ability to demonstrate tact, professionalism, resourcefulness, patience, and dedication. Ability to accept direction and adhere to facility, departmental, and corporate policies and procedures. Ability to maintain confidentiality of employee and patient information. Ability to adapt communication and service delivery to various patient age groups (adult and geriatric). Ability to work effectively in a fast-paced, deadline-driven environment. Ability to meet reporting and month-end close timelines. Ability to react calmly and effectively when resolving issues or addressing urgent situations. Your Experience Matters What we're looking for:
Education & Licensure:
High school graduate or equivalent preferred.
Experience:
A minimum of two (2) years of collection experience in a healthcare setting is required or any combination of education, training, or experience in a business office environment. Hospital experience highly preferred. Working knowledge and understanding of insurance rules and regulations is needed. Basic familiarity with MS Excel.
Additional Requirements:
Excellent communication skills and a professional demeanor is needed. Detail oriented and possessing strong time management skills is necessary in order to manage multiple priorities in a fast-paced environment. May be required to work occasional overtime and flexible hours. Weekend/holiday work will be required if the first day of the month falls on a Saturday or Sunday. Your Care Matters What we provide for our team: Monthly bonus eligible 401(k) + matching Health Insurance 100% company-paid life insurance coverage up to 2x your annual salary Vision insurance Dental insurance 100% company-paid long term disability insurance Paid time off Paid holidays Cafeteria on site + discounted meals Employee engagement events Employee assistance program Employee recognition program Free parking What sets us apart: Career & training development opportunities Dynamic and inclusive work environment Engaged management team dedicated to your success A guiding mission and set of values that serve as both our northstar and yours, anchoring our collective purpose and aspirations
Disclaimer:
Benefits are subject to change at the discretion of Chicago Behavioral Hospital.
Compensation:
This is a full-time role and the expected compensation range for this role is $65,000.00 - $75,000.00, plus bonus eligible. We're eager to engage with all qualified candidates, and consideration will be provided to experience and skill level. Join us as our Revenue Cycle Manager! Get to know us Outstanding Care, Compassionate People, Unparalleled Service Discover a fulfilling career at Chicago Behavioral Hospital (CBH) ! Welcome to the heart of mental health treatment innovation in Des Plaines, Illinois! CBH, a cutting-edge 150-bed inpatient facility, is the leading provider of exceptional therapeutic care, prioritizing patient comfort and safety. At CBH, we go beyond inpatient care by offering an outpatient partial hospitalization program, ensuring continuous support while respecting the rhythm of daily lives. Our commitment to accessible care knows no bounds, as we emphasize availability irrespective of one's ability to pay. Join us in providing exceptional care and contributing to the well-being of individuals and families in need and be a part of the transformative healthcare experience at Chicago Behavioral Hospital. To learn more about CBH, visit us at: https://www.chicagobehavioralhospital.com/ TOGETHER
WE CAN MAKE POSITIVE I.M.P.A.C.T.S. I
ndividuals M aintaining P ositive A ttitude and C ommitment T o S ervice ____________________________________________________________ At Chicago Behavioral Hospital, we value a diverse, inclusive workforce and provide equal employment opportunities for all applicants and employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, gender identity or expression, age, marital status, veteran status, disability status, pregnancy, parental status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. Accommodations are available for applicants with disabilities.

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Health and Wellness Programs
  • Health Insurance