Become A Revenue Specialist

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Working As A Revenue Specialist

Processing Information
Interacting With Computers
Getting Information
Performing Administrative Activities
Communicating with Supervisors, Peers, or Subordinates

Mostly Sitting
Repetitive
$40,063
Average Salary

What Does A Revenue Specialist Do At Johnson Controls

* Review and approval of new customer orders
* Data Entry of PMA contracts
* Review, update, create Customer Master information
* Calling customers to review contract specifications
* Provide field training as needed.
* Work with field office personnel and Order to Cash Management to identify process deficiencies and implement established best practices.
* Follow up and work with field operations utilizing risk and opportunities reports

What Does A Revenue Specialist Do At Cedars-Sinai

* Under general supervision and following established practices, policies, and guidelines, provides Medicare outpatient billing & collections support to Patient Financial Services, performing duties which may include reviewing and submitting claims to third party payors, performing account follow-up activities, updating information on account, etc.
* Positions at this level require advance knowledge in specialized functions and full understanding of the revue cycle.
* Incumbents have expert knowledge and understanding of regulatory requirements, payor contracts and CSHS policies governing billing and collections and sound interpretation of same.
* Incumbents are expected to research, analyze and resolve problem accounts, may assist other team members.
* This position may be cross-trained in other revenue cycle functions and provide back-up coverage

What Does A Revenue Specialist Do At Geisinger Health System

* Manual captures of all inpatient and/or outpatient physician and hospital services provided in
* clinical or outreach facilities for appointed areas, and any outreach services from other institutions.
* Ensures that all necessary information is present on all paper charge documents.
* Runs various reports to ensure accuracy and completeness of charges.
* Confers with the coders, providers and/or Revenue Management Practice Consultants (RMPC) as applicable to gather any missing information.
* Based on established criteria, validates interface reports (Ingenious Med, CAM, EPIC to IDX, ARIA) to determine if there are any special instructions (i.e., special billing contracts, financial status classifications, insurance requirements, locations, research projects, state clinics, human services agencies, specialty billing matrix, etc.).
* Ensures all billable services from the Fatal Edit and Preprocessor Edit reports are accurately captured in appropriate billing system based on pre-determined criteria.
* Enters diagnosis and procedure codes based on pre-determined policy and procedures.
* Contacts coder, RMPC and/or physician for issue resolution.
* Escalates ongoing problem issues to Supervisor/Manager.
* Ensures all Revenue Capture workflows and policies are adhered to.
* Completes all outstanding Revenue Capture edits as assigned by Supervisor/Manager including TES, ETM, ePremis, and various HL7 edit reports.
* Completes charge document batching process.
* Confirms all documents are present as reported on department batch form.
* Performs data entry for prepared batches ensuring that all data elements are entered correctly.
* Completed batches are sent to Corporate Imaging.
* Provides analysis to Revenue Capture management staff of trends and issues identified while performing job functions.
* Also makes recommendations to correct issues identified.
* Ensures the maintenance of confidentiality for both the medical and financial information on patients who have received services from the Geisinger Health System.
* Performs all duties in a timely and accurate manner to ensure correct submission of billing information to insurance companies and/or patients, with minimal amount of direct supervision.
* Assist in the training and orientation of new Revenue Management Specialists to further the department goals.
* Assists and provides coverage for other pod team members in the completion of their assigned duties to ensure timely and accurate processing of charges.
* Participates in a minimum of 10 hours of online training, team meetings, in-services, etc. per year.
* Observes and supports Geisinger Health System policies.
* Required completion of all assigned GOALS courses.
* Performs other duties as required or assigned by emergency or other operational reasons for which the employee is qualified to perform.
* Denotes essential job functions

What Does A Revenue Specialist Do At University of Virginia Health System

* Abstracts, interprets, classifies, posts and balances transactions to patient accounts based on information provided by health insurance and patient’s payments.
* Reviews, researches and resolves patient account payments with incomplete information.
* Performs a variety of data entry and balancing transactions in a multi-system environment requiring knowledge of several system-unique processes.
* Prepares various ancillary accounting reports as required.
* Maintains accurate and complete records of documents substantiating posted payments

What Does A Revenue Specialist Do At Mercy Health

* Revenue Integrity Specialists responsibilities include resolving billing errors in order to send claims to insurance companies for timely payment, working with coding and patient access departments to ensure compliant billing practices, providing additional documentation as needed to insurance companies, monitoring transfer of claims electronically to clearinghouse, working with Denials Management department to identify trends in billing errors, and identifying new claims edit needs to facilitate accurate billing.
* Performs other duties as assigned

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How To Become A Revenue Specialist

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Revenue Specialist jobs

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Revenue Specialist Career Paths

Revenue Specialist

Specialist Analyst Finance Analyst

Accounting Manager

7 Yearsyrs

Business Analyst Finance Manager Accounts Receivable Specialist

Accounts Receivable Manager

6 Yearsyrs

Medical Coder Auditor Accountant

Administrative Manager

6 Yearsyrs

Medical Coder Adjunct Instructor Assistant Professor

Associate Director

8 Yearsyrs

Finance Analyst Assistant Vice President Office Manager

Billing Manager

7 Yearsyrs

Tax Specialist Tax Preparer Billing Specialist

Billing Supervisor

6 Yearsyrs

Tax Auditor Accounting Manager Business Office Manager

Business Office Director

8 Yearsyrs

Finance Analyst Account Manager Billing Specialist

Business Office Manager

8 Yearsyrs

Business Analyst Senior Technician Specialist Licensed Practical Nurse

Clinical Manager

8 Yearsyrs

Billing Manager Accounts Receivable Manager Collections Specialist

Collections Manager

5 Yearsyrs

Analyst Finance Analyst Senior Finance Analyst

Finance Manager

7 Yearsyrs

Revenue Analyst Business Analyst Controller

Finance Services Director

10 Yearsyrs

Revenue Manager General Manager

Managing Director

11 Yearsyrs

Specialist Account Manager Sales Manager

Office Manager

5 Yearsyrs

Disability Examiner Programming Specialist Patient Access Representative

Patient Care Manager

9 Yearsyrs

Billing Manager Business Office Manager Practice Manager

Patient Services Manager

8 Yearsyrs

Revenue Analyst Senior Finance Analyst Business Manager

Practice Administrator

10 Yearsyrs

Revenue Manager Managing Director Principal Consultant

Practice Manager

9 Yearsyrs

Tax Auditor Finance Analyst Revenue Analyst

Revenue Manager

8 Yearsyrs

Analyst Business Analyst Senior Consultant

Senior Manager

10 Yearsyrs

Average Length of Employment

Senior Billing Specialist 4.4 years
Accounting Representative 3.4 years
Business Office Representative 3.4 years
Claim Specialist 3.2 years
Billing Specialist 3.1 years
Insurance Coordinator 3.1 years
Insurance Billing Specialist 3.1 years
Revenue Specialist 3.0 years
Patient Finance Representative 2.9 years
Insurance Specialist 2.8 years
Reimbursement Specialist 2.8 years
Insurance Analyst 2.8 years
Medicare Billing Specialist 2.8 years
Business Office Specialist 2.7 years
Medical Reimbursement Specialist 2.7 years
Account Specialist 2.7 years
Billing Representative 2.7 years
Claims Resolution Specialist 2.6 years
Registration Specialist 2.5 years
Medicare Specialist 2.4 years
Account Resolution Specialist 2.4 years
Medical Collections Specialist 2.3 years
Resolution Specialist 2.3 years
Insurance Follow Up Representative 2.3 years
Referral Specialist 2.2 years
Billing Assistant 2.1 years
Authorization Specialist 2.1 years

Top Careers Before Revenue Specialist

Top Careers After Revenue Specialist

Revenue Specialist Demographics

Gender

Female
74.6%
Male
23.4%
Unknown
1.9%

Ethnicity

White
80.6%
Hispanic or Latino
10.5%
Asian
6.7%
Unknown
1.6%
Black or African American
0.6%

Languages Spoken

Spanish
60.8%
French
11.8%
Vietnamese
3.9%
German
3.9%
Russian
3.9%
Arabic
3.9%
Ukrainian
2.0%
Lakota
2.0%
Gujarati
2.0%
Armenian
2.0%
Korean
2.0%
Hindi
2.0%

Revenue Specialist

Unfortunately we don’t have enough data for this section.

Revenue Specialist Education

Schools

Florida State University
23.7%
University of Phoenix
14.7%
Tallahassee Community College
11.2%
Florida Agricultural and Mechanical University
5.8%
Kaplan University
4.5%
Keiser University
4.0%
Liberty University
4.0%
University of South Florida
3.1%
Ashford University
3.1%
Portland State University
2.7%
University of Florida
2.7%
University of Central Florida
2.7%
Daytona State College
2.2%
Eastern Michigan University
2.2%
Florida International University
2.2%
Santa Fe College
2.2%
Southern New Hampshire University
2.2%
Strayer University
2.2%
Capella University
2.2%
Indiana Wesleyan University
2.2%

Majors

Degrees

Bachelors
36.9%
Other
22.8%
Masters
15.4%
Associate
15.4%
Certificate
5.5%
Diploma
2.6%
Doctorate
1.0%
License
0.4%

Revenue Specialist

Unfortunately we don’t have enough data for this section.

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Full Time

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Top Skills for A Revenue Specialist

Top Revenue Specialist Skills

Quality Customer Service
Financial Information
Technical Assistance

You can check out examples of real life uses of top skills on resumes here:

Provide feedback to team and management to assist in providing quality customer service.
Maintain knowledge of tax code changes, and of accounting procedures and theory to properly evaluate financial information.
Provide technical assistance and guidance to industry for reporting mineral production data correctly.
Perform audits on tax returns to identify problems and educate taxpayer for voluntary compliance.
Keep excellent communication with insurance companies.