Director of Revenue Cycle Management

3 days ago


Newark, New Jersey, United States Jobot Full time
Job Title: Director of Revenue Cycle

We are seeking a highly motivated and experienced Director of Revenue Cycle to lead our in-house billing department for a large, out-of-network surgical practice. As we transition from outsourced billing, we are looking for a visionary leader with at least 5 years of experience in a private physician practice to establish efficient processes and optimize revenue cycle performance.

Responsibilities:
  • Rebuild and lead the in-house billing department.
  • Oversee all aspects of the revenue cycle, including patient billing, insurance claims processing, and collections.
  • Develop and implement strategies to optimize revenue cycle performance and improve cash flow.
  • Manage and train a team of billing specialists and ensure adherence to established policies and procedures.
  • Negotiate contracts with third-party payers and vendors.
  • Stay current with industry regulations, including the No Surprise Act.
  • Analyze financial data and prepare reports for management.
  • Implement and maintain a robust electronic health record (EHR) system, preferably EClinicalWorks (ECW).
  • Manage lockbox services, ERA, EFT, and other payment processing systems.
  • Experience with Echo, Payspan, Jopari, Virtual Credit Cards, or similar services is a plus.
  • Proficiency in Excel spreadsheets and PowerBI is essential.
  • Experience with QuickBooks is a bonus.
Qualifications:
  • Bachelor's degree in healthcare administration, finance, or a related field.
  • Minimum of 5 years of experience in revenue cycle management for a private physician practice.
  • Strong understanding of the No Surprise Act and its implications for out-of-network providers.
  • Proven ability to lead and manage a team.
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Proficiency in Microsoft Office Suite, especially Excel.
  • Experience with EClinicalWorks (ECW) is highly preferred.
Benefits:

We offer a competitive salary, comprehensive benefits package, and opportunities for professional growth. If you are a motivated and experienced revenue cycle professional looking for a new challenge, please apply now by clicking the "Apply Now" button.


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