Manager, Revenue Cycle Management

Job Title

Manager, Revenue Cycle Management

Job Description

Manager, Revenue Cycle Management (Plymouth, MN)

Lead a high-impact Revenue Cycle Management team at S&RC RespirTech, driving reimbursement performance, improving billing operations, and building a culture of trust, accountability, and continuous improvement.

Your role:

• Lead, coach, and develop a team, including conducting regular one-on-ones, managing performance, and fostering employee engagement, accountability, and customer satisfaction.

• Oversee revenue cycle operations, including claims processing, reimbursement activities, accounts receivable performance, and resolution of billing or payment issues to support revenue goals.

• Monitor operational and financial performance by analyzing revenue, payer, denial, and departmental metrics, then implement improvements to increase effectiveness and productivity.

• Establish, document, and maintain policies, procedures, and work instructions while driving process improvements to create greater operational consistency and efficiency.

• Build strong relationships across teams and with external payers, leading through organizational change while ensuring compliance with healthcare regulations and company policies.

You're the right fit if:

• You have 2+ years of Medical Billing experience with a bachelor’s degree, 1+ year with a master’s degree, or 6+ years of Medical Billing experience with vocational education.

• Your skills include strong medical billing, revenue cycle, and reimbursement expertise; analytical, data-driven decision-making; process improvement and documentation; the ability to create structure in ambiguous environments; and strong problem-solving skills focused on operational improvement.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

• You’re an empathetic leader who builds trust and credibility, communicates effectively, and fosters strong relationships. You lead teams through change with a supportive yet accountable approach and have a proven track record of success within an organization.

How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.

About Philips We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Learn more about our culture.

Philips Transparency Details

The pay range for this position in Plymouth, MN is $95,000 to $150,000.

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Plymouth, MN.

#ConnectedCare

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

*Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.