Vice President, Payment Variance Services

2 weeks ago


Parsippany, United States Med-Metrix Full time

Job PurposeThe Vice President, Payment Variance Services will lead Med-Metrix’s Payment Variance Services division, providing executive oversight of all underpayment engagements.  This executive owns P&L performance, operational excellence, staffing strategy, client outcomes, and growth of the service offering. The Vice President, Payment Variance Services will ensure optimal methodologies, reporting, technology usage, and process design to scale the division and deliver exceptional financial performance for clients.Find out if this opportunity is a good fit by reading all of the information that follows below.Duties & Responsibilities Division Leadership & P&L OwnershipOwn P&L, revenue targets, margin optimization, forecasting, and financial reporting for the Payment Variance Services divisionLead a team of leaders, analysts, and billing/revenue cycle specialists supporting underpayment recovery, payment accuracy, and variance resolutionEstablish staffing models, productivity standards, QA processes, and workflows to drive high performanceOperational Excellence & Process OptimizationDevelop, implement, and continuously refine best-in-class processes for payer variance identification, root-cause analysis, appeals, and recoveryEnsure the design and refinement of variance algorithms, workflows, reporting, and performance dashboardsPartner with technology teams to leverage automation, data tools, and intel to improve identification, prioritization, and throughputClient Delivery & Executive OversightServe as the executive sponsor for all Payment Variance clients, providing strategic oversight, performance reviews, and issue escalation managementEnsure consistent delivery of high-quality analyses, appeal packages, reimbursement validations, and operational reportingSupport new client onboarding, including scope development, pricing structure, staffing ramp, and performance baselinesSales Partnership & Growth StrategyPartner with Sales and Executive Leadership to develop proposals, pricing models, value cases, and solution designs to grow the Payment Variance offeringIdentify opportunities to expand into new markets, service lines, and payer types (HB, PB, government, commercial)Develop playbooks, case studies, and ROI narratives to support sales pursuitsCross-Functional IntegrationEnsure alignment with Revenue Cycle Operations, Pricing, Underpayments, Coding, and Denials Management teamsProvide thought leadership and insights to support enterprise revenue cycle transformation initiativesOther duties as assignedUse, protect and disclose patients’ protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standardsUnderstand and comply with Information Security and HIPAA policies and procedures at all timesLimit viewing of PHI to the absolute minimum as necessary to perform assigned dutiesQualificationsBachelor’s degree required; Master’s degree or MBA preferred10+ years in hospital/physician revenue cycle operations, underpayment recovery, or payment variance analytics, with 5+ years leading operational teamsDemonstrated P&L ownership and experience scaling revenue-generating service linesStrong understanding of payer reimbursement methodologies, contract interpretation, and payment variance root-cause analysisProven track record driving operational efficiency, process redesign, and team performanceStrong analytical skills and experience with data tools, reporting platforms, and revenue cycle technologyProficiency in Microsoft Office SuiteStrong interpersonal skills, ability to communicate well at all levels of the organizationStrong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analysesHigh level of integrity and dependability with a strong sense of urgency and results oriented Excellent written and verbal communication skills requiredGracious and welcoming personality for customer service interactionWorking ConditionsMust possess a smart-phone or electronic device capable of downloading applications, for multifactor authentication and security purposes.Physical Demands: While performing the duties of this job, the employee is occasionally required to move around the work area; Sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear.Mental Demands: The employee must be able to follow directions, collaborate with others, and handle stress.Work Environment: The noise level in the work environment is usually minimal. xhuatnn Med-Metrix will not discriminate against any employee or applicant for employment because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, veteran status, other non-merit based factors, or any other characteristic protected by federal, state or local law.Remote working/work at home options are available for this role.



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