Senior Healthcare Compliance Officer, Revenue Cycle Management
Job Description:
• Designs, implements, and manages the organization's revenue cycle compliance program. This includes creating and updating policies and procedures related to patient billing, coding, and documentation.
• Conducts regular risk assessments to identify potential vulnerabilities within the revenue cycle.
• Oversees and conducts internal audits of billing records and medical documentation to ensure compliance with payer requirements, such as Medicare, Medicaid, and private insurers.
• Develops and delivers compliance training programs for staff, including billing and coding specialists, as well as clinical and administrative teams.
• Investigates reported or discovered compliance issues, documenting findings, and reporting potential violations to leadership.
• Acts as the primary liaison with external regulatory bodies and government agencies, responding to inquiries, audits, and investigations.
• Develops and tracks corrective action plans to address compliance deficiencies, following up with management to ensure successful implementation.
• Creates and presents periodic compliance reports to leadership detailing auditing activities, findings, risk levels, and the status of corrective actions.
Requirements:
• A bachelor's degree in a related field such as business administration, finance, or healthcare management is often preferred, but not always required.
• In-depth knowledge of healthcare regulations and laws, including HIPAA, CMS guidelines, and state-specific billing requirements.
• Advanced knowledge of medical coding, including CPT, HCPCS, and ICD-10.
• The ability to analyze complex data sets from audits and financial reports to identify trends, pinpoint issues, and generate actionable insights.
• Excellent written and verbal communication to explain complex regulatory information, create clear policies, and report findings to various stakeholders, from billing staff to senior leadership.
• The ability to lead teams and influence cross-functional departments to adopt and maintain a culture of compliance.
• A keen eye for detail is essential for reviewing documentation, policies, and regulations to ensure all requirements are met.
Benefits:
• Flexible work arrangements
• Professional development opportunities
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