VP Revenue Cycle Management
2 weeks ago
Role and Responsibilities
The VP of Revenue Cycle Management directs and oversees the overall polices, objectives, and initiatives of the organization's revenue cycle activities to optimize the patient financial interaction along the care continuum.
- Develop, plan, organize, and implement current and future strategies to bill customers, process payments, minimize bad debt, improve cash flow, and manage the overall health of the company's receivables.
- Serves as a resource to Senior Management, Operations Directors, Billing Manager, and staff on revenue cycle performance.
- Manages all activities related to revenue cycle performance to meet short-term strategic goals.
- Develops strategic plans and programs for the Revenue Cycle process and ensures that goals and objectives are properly defined and clearly established.
- Develops policies, guidelines, and procedures and ensures consistent company-wide implementation.
- Plans and directs registration, patient insurance, billing and collections and data processing to ensure accurate patient billing, scheduling, and efficient account collection.
- Sets clear production expectations and quality standards for receptionist, patient service representative, and business office teams.
- Enhances and standardizes work-flow processes throughout the revenue cycle to assist in achieving consistency in maintaining the critical success factors outlined in the company's standard operating procedures.
- Monitors effectiveness of collection efforts and maintains insurance billings are current within the established timeframe specified in the department policy.
- Bachelor's degree in relevant field required.
- Minimum of 3 years' experience in healthcare management such as, but not limited to, clinic management, patient management, accounts receivables.
- Strong background in financial management and knowledgeable of federal and state laws and requirements relating to healthcare management.
- Proficiency with Athena EMR, Microsoft Office Word, Excel, and PowerPoint
- Strong problem solving skills.
- Ability to work collaboratively with healthcare professionals for quality patient care
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