System Vice President of Revenue Cycle

6 days ago

Chicago, Illinois, United States Rush University Full time

Job Summary:

Rush University is seeking a highly experienced System Vice President of Revenue Cycle to provide strategic direction and oversight of revenue cycle operations across the health system. The ideal candidate will have significant experience in managing hospital operations and financial/revenue cycle operations of a large integrated health system.

Key Responsibilities:

  • Develops long-range strategic plans for systems and processes that support the collective aspirational goals.
  • Leads the implementation of strategic and operational plans for assigned functions that address operations, financial performance, customer service, IT, human capital, and regulatory requirements.
  • Ensures the overall revenue cycle strategy aligns with/supports business objectives and is focused enterprise-wide to maximize cash collections and to decrease the cost to collect.
  • Leads the effort to build revenue cycle business literacy across the organization.
  • Collaborates with financial and information technology contributors to develop and operationalize a transformation roadmap.

Requirements:
  • 15-20 years of experience in and management of hospital operations, and the financial/revenue cycle operations of a large integrated health system.
  • Experience managing all aspects of revenue cycle operations from initial patient contact through successful collection/reporting outcomes.
  • Demonstrated track record of aligning the core values of the organization and proven negotiating skills.
  • Revenue cycle-related healthcare provider-based design and optimization, consulting, and project management.
  • Reviewing and managing contracts, managing contractor/vendor relationships, establishing service level agreements, and monitoring delivery of services provided.
  • Implementing large shared services or managing outsourced functions.
  • Leading large-scale change efforts.
  • Implementing advanced technology including automation, patient web portals and payer exchanges.

Preferred Qualifications:
  • Financial management skills, including the ability to analyze financial data for operations, budgeting, auditing, forecasting, accounting, AR and reserve analysis, market analysis, staffing, and financial reporting.
  • Strong leadership skills to motivate cross-departmental teams' performance towards excellence using team concepts and consensus-building management styles.
  • Advanced/effective interpersonal, written/verbal communication, and presentation skills, along with the ability to communicate complex finance concepts to others without a finance background.
  • Demonstrated ability to engage in positive, powerful persuasion with individuals or groups with diverse opinions and/or agendas, leading to outcomes that meet identified goals.
  • Ability to analyze and resolve complex problems necessary to develop and administer multifaceted revenue cycles processes, regardless of whether issues originate in an area under direct or indirect control.
  • Ability to enlist cooperation and build teams committed to carrying out initiatives in environments that may be resistant to change and not under the incumbent's direct authority.
  • Ability to translate key performance indicator levels into a finance-based business case, then design, implement, and manage more effective/efficient processes.
  • Ability to maintain a high level of positive energy/creativity during periods of elevated work demands.
  • Ability to prioritize multiple objectives in a rapidly changing environment and deliver quality outcomes.
  • Ability to develop and maintain effective relationships at all levels throughout the organization.

What We Offer:
  • A competitive salary and benefits package.
  • The opportunity to work with a dynamic and innovative healthcare organization.
  • A collaborative and supportive work environment.
  • The chance to make a meaningful contribution to the success of the organization.

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