Job Information
The Trustees of Columbia University in the City of New York Revenue Cycle Outsourcing Coordinator (Vendor Management) in NEW YORK, New York
- Job Type: Officer of Administration * Regular/Temporary: Regular * Hours Per Week: 35 * Standard Work Schedule: Core business hours Monday-Friday, schedules vary * Salary Range: $66,300-$75,000The compensation range listed in this job posting reflects the market rate for the New York City Metropolitan area. Actual compensation may vary depending on the geographic location of the candidate, in accordance with local labor market conditions.The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting. Position SummaryRevenue Cycle Coordinator (Outsourcing) is responsible for monitoring and coordinating outsourcing initiatives, including ensuring compliance with agreements, monitoring vendor performance, and managing outstanding receivables referred to outside vendors and FPO outsourcing teams.ResponsibilitiesOperations * Coordinates revenue cycle vendor activities including the review of work effort reallocations, and monitoring vendor achievement in alignment with approved timetables. * Monitors the priority matrix and ensures timely completion of key tasks, including, but not limited to, overturning denials and adjustments. * Oversees the inflow of work to vendors to ensure assigned work is completed effectively and within the agreed-upon timelines as outlined in vendor agreements. * Evaluate workflow and communication effectiveness to ensure departmental needs are met and revenue cycle vendor-related objectives are executed. * Collaborates with vendors, internal teams, and departments to resolve discrepancies and conduct root cause analysis to promote continuous improvement of workflows, PnP, and SOPs. * Assists in the creation and execution of onboarding and training activities under the direction of the Manager, including but not limited to conducting workshops and drafting materials such as job aids. * Support the management of vendor system access and training. * Assists with the review, audit, and preparation of vendor invoices for payment and submission for approval. * Monitor work queue inventory, rates of collection, and potential backlog and make data-driven recommendations to leadership. * Evaluates work queues to ensure the capture of appropriate activities and analyzes inflow for issues and trends. Partners with appropriate experts, such as IT, to bring issues to resolution. * Utilizes technology to conduct reports, complete analysis, and conduct recurring audit of quality and quantity of work based on established key performance indicators and targets. * Reviews vendor performance metrics and escalates issues to ensure alignment with established service level agreements. * Prepares reports on referrals, contingency fees, and aging of receivables activities/operations (e.g. operational efficiencies). * Prepares denial reports, highlights trends, and gathers relevant documentation. * Reviews, understands, and communicates payer industry standards, policies, and other changes. Stays appraised of payer process changes. * Serves as subject matter expert to support troubleshooting.The compensation range listed in this job posting reflects the market rate for the New York City Metropolitan area. Actual compensation may vary depending on the geographic location of the candidate, in accordance with local labor market conditions.The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compen