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22 Vericle Jobs

Manager, EFT/ERA Enrollment Operations

11-11 years

Chennai

1 vacancy

Manager, EFT/ERA Enrollment Operations

Vericle

posted 36min ago

Job Description

Position Overview:
We are seeking a detail-oriented and proactive Manager of EFT/ERA Enrollment Operations to lead the team responsible for managing electronic funds transfer (EFT) and electronic remittance advice (ERA) enrollments. This role is critical to ensuring seamless payer setup and efficient payment processing for our clients. The ideal candidate will have extensive experience in healthcare revenue cycle operations, strong team leadership skills, and a commitment to driving operational excellence.

Key Responsibilities:

Team Leadership & Operations Management
  • Lead and manage the EFT/ERA enrollment team, ensuring timely and accurate enrollment of payers across multiple platforms and systems.

  • Oversee daily team operations, including task assignment, progress tracking, and issue resolution.

  • Foster a collaborative and efficient team culture, emphasizing accountability and continuous improvement.

EFT/ERA Enrollment Coordination
  • Ensure all payer EFT/ERA enrollment requests are submitted and processed accurately and efficiently within established timeframes.

  • Monitor the enrollment status with payers, troubleshoot delays, and resolve issues to minimize interruptions in client payment flows.

  • Maintain up-to-date knowledge of payer requirements and industry regulations related to EFT/ERA enrollment processes.

Quality Assurance and Compliance
  • Develop and enforce quality standards to ensure accurate payer setup and reduce errors in enrollment submissions.

  • Ensure compliance with industry regulations, client-specific requirements, and organizational policies.

  • Conduct periodic audits of enrollment activities to identify and address errors or process inefficiencies.

Stakeholder Communication
  • Serve as the primary contact for internal teams and clients regarding EFT/ERA enrollment updates, issues, and escalations.

  • Collaborate with RCM, QA, and training teams to ensure alignment and address cross-functional challenges.

  • Provide regular reporting and updates to leadership on team performance and enrollment progress.

Process Improvement
  • Identify areas for process improvement and implement best practices to streamline EFT/ERA enrollment workflows.

  • Leverage technology to enhance team efficiency and reduce manual efforts.

  • Develop and update Standard Operating Procedures (SOPs) to reflect evolving payer requirements and operational needs.

Key Performance Indicators (KPIs):

  1. Enrollment Accuracy:

    • Achieve a 99% accuracy rate in EFT/ERA enrollment submissions.

  2. Timeliness of Enrollment:

    • Ensure 95% of enrollments are completed within payer-specified timeframes.

  3. Resolution of Delayed Enrollments:

    • Resolve 100% of delayed enrollments within five business days of issue identification.

  4. Error Reduction:

    • Maintain error rates for enrollments at below 1%.

  5. Client Satisfaction:

    • Achieve and sustain a 95% satisfaction rate from clients regarding EFT/ERA enrollment services.

  6. Audit Compliance:

    • Pass 100% of internal and external audits related to EFT/ERA enrollment accuracy and compliance.

  7. Process Efficiency:

    • Implement process improvements that result in a 20% reduction in turnaround time for enrollments within six months.

Qualifications:

  • Bachelor s degree in healthcare administration, business, or a related field. Master s degree preferred.

  • Minimum of 5 years of experience in EFT/ERA enrollment or RCM operations, with at least 2 years in a leadership role.

  • Strong understanding of payer requirements, EDI processes, and healthcare payment workflows.

  • Proven ability to manage and develop teams effectively.

  • Proficiency in healthcare RCM systems, EFT/ERA portals, and data analytics tools.

  • Excellent problem-solving and organizational skills, with a high level of attention to detail.

  • Strong communication skills and the ability to collaborate with cross-functional teams.

Position Requirements

  • Must have stable internet connection minimum of 5 MBPS

  • Must have a mobile data plan as a backup

  • Must be in a quiet environment

  • Must be comfortable working the US business hours

  • Must own a PC with at least 16 GB of memory

Why Join Us?
We are a fast-paced and innovative organization committed to delivering exceptional RCM services. As Manager of EFT/ERA Enrollment Operations, you ll have the opportunity to lead a critical team, implement impactful improvements, and contribute to our clients success. If you are passionate about operational excellence and team leadership, we encourage you to apply.


Employment Type: Full Time, Permanent

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