Job Openings >> Accounts Receivable (A/R) consultant
Accounts Receivable (A/R) consultant
Summary
Title:Accounts Receivable (A/R) consultant
ID:10243
Department:Operations
Location :Falls Church, VA
Description
Job Description

Role Overview:
We are seeking a highly motivated and detail-oriented Revenue Cycle Consultant (Staff I) to join our team. As a Revenue Cycle Consultant, you will provide professional consulting services to assist our Defense Health Agency (DHA) client in managing its operational and revenue cycle operations. This individual will play a critical role in supporting our clients with their revenue cycle management needs, focusing primarily on accounts receivable (A/R) management, audit readiness and response, compliance management, and project management support.

Responsibilities:

Accounts Receivable (A/R) Management Support:
  • Assist in the analysis and reconciliation of A/R data to identify trends, patterns, and potential areas for improvement.
  • Support the development and implementation of A/R management strategies and best practices.
  • Participate in process discussions to highlight areas for improvement and standardization.
  • Contribute to the development of reports and presentations summarizing A/R performance.
  • Participate in client meets to discuss A/R findings and recommendations.
Audit Readiness and Response:
  • Assist with the preparation and organization of materials for internal and external audits related to revenue cycle.
  • Support the development of clear, concise, and well-supported audit responses to address findings.
  • Ensure documentation is accurate, complete, and organized in accordance with regulatory guidelines.
  • Assist with the development and implementation of corrective action plans to address audit findings.
  • Contribute to the development of audit remediation strategies and track implementation progress.
Compliance Management:
  • Support the development and implementation of compliance policies and procedures related to revenue cycle activities and internal controls.
  • Assist in monitoring compliance with relevant regulations (e.g. Federal, Industry, Financial Management Regulation, DHA Guidance).
  • Participate in compliance audits and reviews to identify areas of risk and potential non-compliance.
  • Support the development of training materials and presentations related to compliance.
  • Assist with tracking and monitoring of compliance issues and resolutions.
Project Management Support:
  • Assist in the planning, execution, and monitoring of projects.
  • Contribute to the development of project plans, timelines, and deliverables.
  • Track project progress and identify potential risks and issues.
  • Participate in internal and external team meetings and knowledge sharing activities.
  • Facilitate communications among project team members, business partners, and client stakeholders.
  • Prepare project status reports and presentations.
  • Conduct research and analysis of relevant industry trends, regulations, and best practices.
  • Maintain a strong understanding of federal healthcare regulations and policies.
Required Skills & Experience
  • Knowledge and a working understanding of revenue cycle concepts, business processes, and/or operations within the healthcare industry (commercial or federal).
  • Ability to apply principles and practices in revenue cycle management, such as charge capture, coding, billing, reimbursement, denial management, A/R management, and compliance.
  • Experience with A/R management, including analysis, process improvement, and standardization.
  • Experience with audit readiness processes, including the preparation of audit materials, development of audit responses, and implementation of corrective action plans.
  • Experience with compliance management, including policy development, monitoring, and risk assessment.
  • Ability to analyze and interpret complex data, processes, and reports related revenue cycle, including A/R data, audit findings, and compliance reports.
  • Ability to identify and resolve issues and problems related to revenue cycle, specifically with A/R, audit response, and compliance management.
  • Ability to use various software applications and tools to perform revenue cycle management functions, such as:
  • Electronic Health Record systems (e.g. Oracle/Cerner MHS GENESIS Cerner Patient Accounting (CPA) RevenueCycle).
  • Billing/Claim systems (e.g. Electronic Claims Clearinghouse (SSI), 3M 360 Encompass Institutional & Professional Coding, Claim Scrubber Edits (Alpha ii), Dentrix Billing, Patient Statements/Letters (RevSpring)).
  • Data analytics and reporting (e.g. Excel, Power BI, SAS, Tableau, HealtheAnalytics).
  • Ability to succeed in a dynamic team environment and produce deliverables in tight timeframes.
  • Detail-oriented with a commitment to accuracy and quality.
  • Excellent oral, written, and interpersonal skills.
  • Ability to collaborate and communicate effectively with team members, clients, business partners, and other various stakeholders.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
Formal Education: Bachelor’s degree required, Finance, Business Administration, Healthcare Administration or related field preferred. Masters in Business Administration or related field, ideal.
Years of Professional Experience: 4-6 or more years of consulting or healthcare experience required, preferably in a federal consulting environment.

Desired Skills & Experience
  • Experience within the Military Health System (MHS) environment and requisite knowledge of revenue cycle operations.
  • Experience with the Oracle/Cerner Electronic Health Record (EHR), Cerner Patient Accounting (CPA) RevenueCycle, HealtheAnalytics, ideally in the MHS environment.
  • Knowledge of MHS billing and coding policies and regulations.
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