Director of Revenue Cycle Management

in Healthcare
  • Nassau County, NY View on Map
  • Salary: $140,000.00 - $160,000.00
Permanent

Job Detail

  • Experience Level Senior
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Hybrid
  • Job Reference 0000009036
  • Salary Type Annually
  • Industry Healthcare
  • Selling Points

    Step into the role of Director of Revenue Cycle Management with a hybrid schedule, a 10% bonus, and great benefits, where your leadership will optimize our financial operations and drive success.

Job Description

OUR EXPECTATIONS OF YOU

  • Oversee accounts receivable, insurance verification, high volume medical billing, coding, cash posting, and AR follow up. Manage large-scale projects driving process improvements and policies throughout the RCM functions.
  • Drive facility and functional consolidation and re-organization as business needs dictate for cost efficiency and compliance performance.
  • Oversee daily, weekly, monthly, quarterly and yearly reports comprised of key performance indicators (KPIs); monitor and analyze charges, payments, adjustments, AR and other data elements.
  • Maintain continual knowledge of payor policies to assure optimal reimbursement for all services performed within the system, in compliance with government and third-party payor regulations.
  • Manage costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the Executive Leadership Team.
  • Perform due diligence on acquisition targets and integrate newly acquired practices into RCM systems and processes.
  • Partner closely with accounting regarding revenue recognition, cash projections, and providing detailed account receivable and collection data for the financial audits.
  • Interact with Physicians on a regular basis to provide information on RCM initiatives, answer questions on billing related items, and help ensure effective communication between the providers and RCM team.
  • Oversee credentialing on new and current physicians as well as Doctors acquired through acquisitions.
  • Develop best practices for process improvement for overall Revenue Cycle management.

What You'll Need to Succeed

  • 10+ years of executive-level experience within healthcare (multi-state, multi-location platform, MSO experience preferred).
  • Strong knowledge of healthcare billing, coding practices, reimbursement methodologies and revenue cycle.
  • Excellent leadership, communication, and interpersonal skills with the ability to effectively collaborate with all levels of the organization
  • Demonstrated ability to develop and implement strategic initiatives to improve revenue cycle performance
  • You are data-driven and process-oriented; able to simplify complex concepts
  • Proven ability to lead and develop a team and drive performance improvement, demonstrated by progressive increases in management responsibility
  • Leadership experience in managing teams across multiple sites with a healthcare focus.
  • Very strong strategic, vision and process change improvement leader.
  • Advanced proficiency in accounts receivable management.
  • Strong analytical, problem solving, root cause analysis skills to evaluate problems and interpret trends.
  • Demonstrated process improvement, project management, workflow, benchmarking and evaluation of business processes required.
  • You're able to leverage technology to advance workflow efficiency
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