Healthcare Revenue Cycle Strategist

1 week ago

Irwin, United States Source 1 Healthcare Solutions Full time

We are seeking a highly skilled and experienced specialist to join our in-house team at Source 1 Healthcare Solutions.

As a key member of our revenue cycle management team, you will be responsible for providing strategic guidance on operational efficiency and regulatory compliance.

The ideal candidate will have a strong hospital-based Revenue Cycle Management background and a keen understanding of Compliance and Regulatory issues.

You will analyze complex healthcare systems and processes to identify opportunities for improvement, develop and implement innovative solutions to optimize revenue cycle performance and reduce costs, and conduct in-depth assessments of billing and coding practices to identify areas for improvement.

The estimated annual salary for this position is $90,000 - $110,000 depending on experience and qualifications.

Responsibilities:
  • Consulting Facilitator
    • Provide strategic guidance to our teams on revenue cycle management, operational efficiency, and regulatory compliance.
    • Analyze complex healthcare systems and processes to identify opportunities for improvement.
    • Develop and implement innovative solutions to optimize revenue cycle performance and reduce costs.
  • Revenue Cycle Expertise:
    • Conduct in-depth assessments of billing and coding practices to identify areas for improvement.
    • Analyze clinical and financial claims data to identify trends, patterns, and potential revenue leakage.
    • Develop and implement strategies to improve revenue accuracy, reduce financial risks, and accelerate payment cycles.
  • Compliance and Regulatory:
    • Stay up-to-date on the latest healthcare regulations, including but not limited to HIPAA, Stark Law, and Anti-Kickback Statute.
    • Conduct compliance audits and risk assessments to identify potential vulnerabilities.
    • Develop and implement compliance plans to mitigate risks and ensure regulatory adherence.
  • Team Collaboration:
    • Collaborate with cross-functional teams to ensure project success.
    • Share knowledge and expertise with team members to foster a culture of continuous improvement.

Qualifications:

  • Bachelor's degree in healthcare administration, public health, business administration, or related field. Master's degree preferred.
  • Minimum of 5 years of experience in revenue cycle with some experience with compliance.
  • Demonstrated time-management skills to work independently and with the team on multiple assignments and priorities.
  • Strong communication, attention to details, and interpersonal skills.
  • Proven ability to develop and deliver high-quality, client-centric solutions.
  • Healthcare consulting experience a plus.
  • Knowledge of healthcare policies, regulations, operations, best practices, and industry trends.
  • Relevant certifications (e.g., CHC, Six Sigma) helpful.

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