Head of Billing and Collections

Posted 1ds ago

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Job Description

Head of Billing and Collections at Fuze Health overseeing billing, collections, and revenue cycle management. Leading a team to enhance operational efficiency and compliance in a fast-paced healthcare environment.

Responsibilities:

  • Overseeing the daily operations of the billing and collections department
  • Ensuring accurate and timely submission of claims and invoices
  • Managing revenue cycle processes
  • Leading a team to maximize collections
  • Focusing on reducing claim denials and managing payments per payer contracts
  • Optimizing cash collections in a high-volume setting
  • Supervising billing and AR staff, assigning daily work, training new employees, and mentoring team members on billing techniques
  • Developing and implementing policies, procedures, and best practices to improve billing efficiency and revenue integrity
  • Monitoring AR aging reports to identify and resolve delinquent accounts, underpayments, and denials
  • Managing the resolution of rejected claims, submits appeals for denied claims, and reconciling pharmacy payments
  • Ensuring compliance with HIPAA, state/federal regulations, and payer contracts
  • Generating and analyzing financial reports, tracking key performance metrics for pharmacy leadership
  • Serving as a liaison between the pharmacy staff, finance department, and insurance payers regarding billing issues

Requirements:

  • 8+ years overall billing, collection, and AR management
  • Strong understanding of the revenue cycle from billing through collections
  • Proficiency in various billing softwares and strong Microsoft Excel
  • Demonstrated track record of driving operational excellence and delivering high-quality results
  • Strong analytical, problem-solving, and communication skills, with the ability to lead in a fast-paced environment
  • Bachelor’s degree in Business, Finance, or Healthcare Administration or related field (preferred)
  • 3+ years of experience in medical/pharmacy billing and team leadership (preferred)
  • Experience with pharmacy adjudication systems and third-party payer rules is a plus (preferred)

Benefits:

  • dental, vision, and multiple group medical plans to choose from
  • a 401(k) retirement savings plan
  • group life insurance
  • accidental death and dismemberment (AD&D) insurance
  • flexible spending account (FSA) and health savings account (HSA)
  • commuter benefits
  • employer-paid short-term (STD) and long-term disability (LTD) insurance
  • additional supplemental insurance plans (spouse life insurance, legal insurance, an employee assistance program, home health testing kits, and a fertility medication discount program)
  • flexible vacation time
  • accrued paid sick time
  • 10 paid holidays, (2 floating holidays for full time non-exempt employees)
  • eight weeks of paid parental leave for eligible employees
  • additional paid weeks for the birthing parent
  • 4 weeks paid caregiver leave
  • a Lifestyle Spending Account allowance each month