Vice President of Revenue Cycle
2 weeks ago
Company: Recovery Center USA
Location: Atlanta, GA
Job Type: Full-time
Job Summary:
The Vice President of Revenue Cycle will oversee and optimize the financial aspects of the addiction treatment center, with a focus on revenue management, billing, and payment processes. This leadership role requires a deep understanding of healthcare revenue cycle management, compliance with regulatory requirements, and the ability to develop and implement strategic initiatives to maximize the center's financial performance.
Key Responsibilities:
- Develop and execute revenue cycle strategies to enhance financial performance and streamline billing and payment processes.
- Oversee the billing and collections functions, ensuring accuracy, compliance, and timeliness of claims submission and payment posting.
- Collaborate with the finance and accounting teams to forecast revenue, analyze financial data, and identify opportunities for revenue enhancement and cost reduction.
- Monitor and ensure compliance with healthcare regulations, payer requirements, and billing guidelines.
- Lead and mentor a team of revenue cycle professionals, providing guidance, training, and support to drive excellence in performance and customer service.
- Evaluate and optimize the use of revenue cycle management systems, technology, and tools to improve operational efficiency and financial outcomes.
- Establish and maintain key performance indicators (KPIs) and reporting mechanisms to track revenue cycle metrics and inform decision-making.
- Engage in strategic planning and contribute to the overall organizational growth and sustainability through revenue cycle initiatives and best practices.
- Other duties as assigned.
Qualifications:
- Bachelor's degree in healthcare administration, finance, business, or related field; master's degree preferred.
- Minimum of 7-10 years of progressive leadership experience in healthcare revenue cycle management, with a focus on addiction treatment or behavioral healthcare preferred.
- In-depth knowledge of revenue cycle operations, healthcare billing, coding, and reimbursement methodologies.
- Strong understanding of regulatory compliance, including HIPAA, CMS guidelines, and other applicable healthcare regulations.
- Proven track record of successful revenue cycle optimization, financial analysis, and process improvement.
- Excellent communication, leadership, and interpersonal skills, with the ability to lead and develop a high-performing team.
- Competitive salary and performance-based incentives
- Comprehensive health, dental, and vision insurance
- Retirement savings plans
- Paid time off and holidays
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