Senior Vice President of Revenue Cycle Operations

4 weeks ago

Houston, Texas, United States Inception Fertility Corporate Services Full time
Job Description

Inception Fertility Corporate Services is seeking a Senior Vice President of Revenue Cycle Operations to provide centralized management for all Revenue Cycle functions across the US and Canada. The ideal candidate will direct, manage, and implement programs to ensure efficient operations of the organization's Revenue Cycle program, generating sufficient cash flow to support operations and strategic initiatives.

The Senior Vice President of Revenue Cycle Operations will be responsible for identifying, analyzing, reducing, and resolving all Revenue Cycle issues. This leader will develop and maintain effective relationships with administration, the clinical department, and physician leadership across the organization. Additionally, the Senior Vice President will promote working relationships with key external organizations, including other providers, payers, government entities, and applicable professional associations.

All areas of Revenue Cycle will report to the Senior Vice President of Revenue Cycle Operations, including Authorization Management, Insurance Verification, Health Information Management, Medical Billing, Revenue Integrity, Physician Services, and Operational Strategy and Optimization.

Key Responsibilities:

  • Manage revenue cycle activities to ensure cost effectiveness, organizational efficiency, and optimal collection rates.
  • Communicate Revenue Cycle departmental activities to Inception Fertility Corporate Services' senior management, relating to cash flow, organizational profitability, customer service, Accounts Receivable results, and revenue enhancement activities.
  • Develop, implement, and direct various quality initiatives to ensure continuous monitoring and improvements within the revenue cycle process. This includes managing an overall departmental operating/capital budget within pre-determined limits to ensure operational efficiencies and obtaining pre-determined performance targets.
  • Implement and manage third-party vendor relationships as necessary.
  • Develop a structure for innovation and establish cross-departmental collaborations to transform care delivery and experience.
  • Model leadership behaviors and lead as a unified team to drive system alignment.
  • Direct the strategy, goals, and objectives of the department to align with Inception Fertility Corporate Services' business plan.
  • Manage, communicate, and pursue enterprise Accounts Receivable targets.
  • Partner with key stakeholders to interpret trends in Key Performance Metrics, guiding management decisions for achieving periodic goals of the revenue cycle and the overall financial performance of the enterprise.
  • Ensure that appropriate controls exist throughout the enterprise to create accountability and effective management of the enterprise Revenue Cycle.
  • Remain up-to-date with regulatory, third-party payer, and contractual changes affecting the revenue cycle to ensure compliance.
  • Manage and develop a results-oriented team. Continuously assess and develop an organizational structure that ensures high performance and achievement of goals.
  • Facilitate the communication, coordination, and implementation of any enterprise business process or information system impacted by regulatory, industry, third-party payers, federal, or state requirements.

Requirements:

  • Bachelor's degree in a related field is required; an advanced degree in a related field is desirable.
  • 8+ years of progressive management experience required in the healthcare receivables field, demonstrating ever-increasing and progressive responsibilities.
  • Candidate must possess extensive knowledge in multi-site outpatient revenue cycle functions.
  • Proven leader with a history of attracting, engaging, and retaining talent and effectively leading teams.
  • The individual must have significant experience with payers, providers, and understand the commensurate requirements for facilitating accounts receivable resolution, cash flow, billing, revenue enhancement, and patient service issues.
  • Incumbent must possess strong presentation skills with the ability to effectively communicate to many different audience levels.

What We Offer:

  • Medical, dental, and vision plans plus a free employee-only coverage option.
  • Free basic life insurance, EAP, and long-term disability insurance.
  • Adoption assistance and fertility benefits.
  • Maternity and paternity/partner paid leave.
  • 11 Company-paid holidays (1 floating holiday).
  • PTO starting at 18 days/year.
  • 401k with generous company match.

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