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Revenue Cycle Management Specialist

LifeMDNew York, NY

$55,000 - $65,000 / year

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Overview

Schedule
Full-time
Education
Health Information (RHIA, RHIT)
Medical Coding (CCA, CCS, CCS-P, CPC)
Career level
Senior-level
Remote
Hybrid remote
Compensation
$55,000-$65,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

About us

LifeMD is a leading digital healthcare company committed to expanding access to virtual care, pharmacy services, and diagnostics by making them more affordable and convenient for all. Focused on both treatment and prevention, our unique care model is designed to optimize the patient experience and improve outcomes across more than 200 health concerns. 

To support our expanding patient base, LifeMD leverages a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, a 22,500-square-foot affiliated pharmacy, and a U.S.-based patient care center. Our company — with offices in New York City; Greenville, SC; and Huntington Beach, CA — is powered by a dynamic team of passionate professionals. From clinicians and technologists to creatives and analysts, we're united by a shared mission to revolutionize healthcare. Employees enjoy a collaborative and inclusive work environment, hybrid work culture, and numerous opportunities for growth. Want your work to matter? Join us in building a future of accessible, innovative, and compassionate care.

About the role

The Revenue Cycle Management Specialist will be responsible for the day-to-day monitoring of billing operations, including coding, charge entry, claims filing, and payer & patient accounts receivable follow-up, denials, and payment posting. The Specialist will work to resolve issues to maximize collections and enhance patient satisfaction. 

Responsibilities

  • Monitor the day-to-day flow of recorded visits, coding, charge entry, and claims filing
  • Perform payer accounts receivable follow-up, work denials, and handle patient collections
  • Process and post payments to patient accounts
  • Troubleshoot and resolve billing issues to maximize collections
  • Communicate with patients when it pertains to insurance, billing or patient account related questions
  • Collaborate with the Revenue Cycle Manager, Finance team and other departments to ensure smooth revenue cycle operations
  • Ensure compliance with current healthcare regulations and standards, including HIPAA, Medicare, and Medicaid requirements
  • Stay up-to-date with industry trends and changes in regulations
  • Assist in creating and monitoring effective revenue cycle KPIs and standardized reporting
  • Perform other duties as assigned to support LifeMDs mission and values

Requirements

Basic Qualifications:

  • Bachelor’s degree in business administration, healthcare administration, or a related field, or equivalent experience
  • 3+ years of experience in medical billing, coding, denial management and reimbursement
  • 1+ years of experience with Medicare, especially telehealth
  • Proven experience in payment posting, working denials, and accounts receivable follow-up
  • Strong understanding of healthcare billing, coding, and collections processes
  • Certified Professional Coder (CPC) via AAPC or CCS, CCS-P or CCA via AHIMA
  • Proficiency with revenue cycle management software such as Availity, commercial and Medicare payer portals and Google Suite

Preferred Qualifications:

  • Excellent analytical skills with the ability to interpret and act on complex data
  • High level of proven communication skills, including written and verbal
  • Ability to work in a fast-paced, dynamic growth environment
  • Creative problem solver and team player who thrives in a collaborative environment
  • Fantastic organizational and time management skills with a high attention to detail

Benefits

  • Salary Range: $55,000-$65,000 annually
  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (Roth 401k)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Unlimited PTO Policy
  • Paid Holidays
  • Short Term Disability

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FAQs About Revenue Cycle Management Specialist Jobs at LifeMD

What is the work location for this position at LifeMD?
This job at LifeMD is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at LifeMD?
Candidates can expect a pay range of $55,000 and $65,000 per year.
What employment applies to this position at LifeMD?
LifeMD lists this role as a Full-time position.
What experience level is required for this role at LifeMD?
LifeMD is looking for a candidate with "Senior-level" experience level.
What education level is required for this job?
The education requirement for this position includes Health Information (RHIA, RHIT) and Medical Coding (CCA, CCS, CCS-P, CPC). Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by LifeMD for this role?
LifeMD offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Paid Vacation, Flexible/Unlimited PTO, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at LifeMD?
You can apply for this role at LifeMD either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.