Senior Revenue Cycle Director for Hospital Operations
6 days ago
Saint Francis Hospital Bartlett is a 196-bed medical center dedicated to delivering high-quality, compassionate care to the local community.
Market Director Revenue Analysis Job SummaryThis leadership role involves monitoring key performance indicators (KPIs) and service level agreements (SLAs) for a single hospital. The Market Director will analyze trends, identify areas for improvement, and implement solutions to ensure exceptional client satisfaction.
This position plays a crucial role in supporting the Chief Financial Officer (CFO) and is responsible for:
- Reporting and Analysis: Prepare and complete eReserve reports, analyze data, and identify trends that significantly impact net revenue. This includes completing the revenue section of the month-end Performance Summary.
- Accounts Receivable (A/R) Management: Monitor, analyze, track, and trend A/R disputes to optimize cash flow.
- Manual Adjustments and Refunds: Review and approve manual adjustments and refunds to ensure accuracy and compliance.
- Revenue Reclasses: Review and approve revenue reclasses to maintain financial integrity.
- Contract Negotiations: Review proposed managed care contracts, identifying potential issues or concerns before contract finalization.
- Data Verification: Assist in analyzing data to verify contract terms have been correctly loaded into MedAssets and claims properly adjudicated during and after negotiations.
- Billing and Reconciliation: Monitor and review billing, A/R, and reconciliation for hospital-specific contracts.
- Revenue Cycle Issue Resolution: Work with hospital departments to resolve revenue cycle issues, such as orders, charging, Patient Access, DNFB, DNSP, QS, Disputes, and more.
- Leadership Support: Collaborate with hospital leadership on revenue cycle issues and facilitate revenue cycle meetings.
- Internal/External Audit Assistance: Coordinate support for internal and external audits, including complex case reviews and hospital revenue cycle implementation initiatives.
To be successful in this role, you will need:
- A Bachelor's degree in business, health administration, or a related field.
- At least 8 years of experience in A/R management and/or managed care contracting and analysis, including directing a multi-facility business office.
Saint Francis Hospital Bartlett offers a competitive salary range based on industry standards for senior-level positions in revenue cycle management. Estimated annual salary: $110,000 - $140,000 depending on qualifications and experience.
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