Write about being a revenue cycle director in managed care Term Paper

Write about being a revenue cycle director in managed care - Term Paper Example President, I am tasked with verifying, reviewing and updating all information relating to the demography on the managed care’s database, SoundConnect, which is primary a care service provider. i. Evaluating equipment, systems and staffing so that they meet the set standards of business. I provide assessments, appraisals and recommendations to the Chief Financial Officer and other top level management. After I send my recommendations, they are then responsible for making the appropriate changes. iv. Monitoring the productivity of all the departments. These productivity metrics include claims that have been rejected, denied or processed. It also includes collection volume, payments of patients, rates of fee schedules and account write offs. v. Ensuring that the staff attends training programs for specified functions. Through reviewing the staff, I am able to gauge their job proficiency. Additionally, I schedule staff meetings aimed at enhancing staff development and improving communication. vii. Using the billing system and systems of collection for processing and billing. I am an accountant by profession and therefore I ensure that the billing systems are utilized by the staff at the care. I also conduct training programs to make sure that proficiency testing for all staff is established. Friedman et al., argues that, the revenue cycle director is part of the managerial staff and as such, is involved with contributing to the vision and strategic strategies that a managed care facility adopts. Therefore, the director sets the strategy and vision in alignment with the goals and initiatives of the critical revenue cycle for every business line (Friedman et al., 2013). As the director, I provide the strategy and vison for the Pain Center, Home Health, Orthopedics and the Ambulatory Surgical Center. My job extends to managing and leading intrinsic revenue cycle projects. I perform this role by providing the total oversight and direction of the core areas that