Revenue Cycle Specialist

Our Story 

Complex conditions like COPD and congestive heart failure (CHF) are incredibly challenging to manage. People who are already struggling with isolation and the burden of these conditions become increasingly frustrated and disengaged, eventually falling through the cracks and landing in the ER. This cycle perpetuates poor health outcomes and excessive medical costs.

At NuvoAir we believe people deserve a better healthcare experience.

Our team embraces the challenges that others can’t or won’t - by integrating our clinical team with technology, NuvoAir creates a highly empathetic and personalized experience for each patient. This model not only helps patients in their homes, it also supports patients through our clinical trial partners.

Living our Company Values

• Patient obsessed: Every decision is made with our main focus in mind - improving the lives of patients

• Act like an owner: Ownership means we speak up, share ideas, give feedback, and are all accountable for growth.

• Focus on what matters: Creating meaningful solutions to challenging healthcare problems requires simplicity, clarity, and using our unique leverage

• Build to learn: Failing courageously is a virtue that drives learning and stems from an innovative spirit

• Practice confident humility: We aim to hold ourselves to the highest standards of humility, curiosity, transparency, and personal development

What you’ll be responsible for :

The Revenue Cycle Specialist is a vital member of our leadership team responsible for overseeing the financial aspects of our healthcare services company. This individual will play a key role in optimizing revenue generation, managing financial processes, and ensuring the effective functioning of the revenue cycle from patient registration to claims processing and reimbursement. As a Revenue Cycle Specialist, you will lead a team of dedicated professionals and work collaboratively with various departments to drive efficiency, accuracy, and compliance within our revenue cycle operations.

What you’ll be responsible for:

•Revenue Optimization: Execute billing, coding, and claims management processes to maximize revenue generation, minimize denials, and ensure timely and accurate reimbursement from payers.

•Compliance and Regulatory Adherence: Ensure all billing and coding practices are compliant with relevant regulations, such as HIPAA, CMS guidelines, and other industry standards.

•Revenue Cycle Strategy: Develop and implement strategic initiatives to enhance the revenue cycle process, increase revenue capture, and improve overall financial performance.

•Performance Analysis: Utilize key performance indicators (KPIs) and data analytics to identify areas for improvement, track revenue cycle metrics, and implement targeted strategies to enhance financial outcomes.

•Process Improvement: Build out and continuously assess and optimize revenue cycle workflows, identifying and implementing process improvements to streamline operations and reduce inefficiencies.

•Payer Relations: Collaborate with payer representatives to resolve billing-related issues, negotiate contracts, and stay up-to-date with changes in reimbursement policies.

•Electronic Health Records (EHR): Leverage the effective utilization of EHR systems, ensuring data accuracy and integrity within the revenue cycle process.

•Staff Training and Development: Provide training and professional development opportunities to the revenue cycle team to enhance their skills and knowledge in revenue cycle management.

•Budgeting and Financial Reporting: Assist in creating revenue projections, and budgeting for revenue cycle operations.

This may be a fit if you have:

•Bachelor's degree in Healthcare Administration, Business Administration, Finance, or a related field. Master's degree preferred or equivalent experience.

•5 plus years of progressive experience in healthcare revenue cycle management, with a proven track record of optimizing revenue performance.

•In-depth knowledge of billing, coding, and reimbursement processes in the healthcare industry.

•Good understanding of healthcare compliance, regulations, and payer policies.

•Experience working with electronic health record (EHR) systems and revenue cycle management software, with a preference for experience with Athena.

•Analytical mindset with the ability to interpret data and make data-driven decisions.

•Demonstrated ability to identify process improvement opportunities and implement effective solutions.

•Certifications such as Certified Revenue Cycle Representative (CRCR) or Certified Professional Biller (CPB) are advantageous.

Compensation Base: $50k-$70k/year

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Building a diverse team is critical to our success:

At NuvoAir, building a diverse team isn't a lofty statement or goal, it's a necessity, and it's something we actively practice and talk about. We do not tolerate discrimination or harassment based on race, color, age, religion, sex, gender, disability status, sexual orientation, gender identity or expression, or any other basis covered by appropriate law. NuvoAir will provide reasonable accommodations for qualified individuals with documented disabilities.

What to expect from our interview process:

Our team’s impact is felt globally as we help patients with cardiopulmonary diseases better understand and manage their health. Every member of our team adds value as we work towards a better healthcare experience for all. Because of this, it’s not enough that we hire mission-oriented people who are self motivated. We also need to grow a team that aligns with our company values (listed above!) and who will be successful in startup life… it’s not for everyone and that’s okay!