Director of Revenue Cycle
Vaco by Highspring · Louisville, KY · 1 mo ago
On-siteFinanceFull-time
Key Responsibilities
- Manage end-to-end revenue cycle operations for multiple healthcare provider clients.
- Oversee medical billing, claims submission, payment posting, denial management, and accounts receivable follow-up.
- Monitor revenue cycle performance metrics, including clean claim rate, denial rate, days in A/R, net collection rate, and reimbursement trends.
- Develop and implement strategies to improve cash flow and maximize client revenue.
- Lead, coach, and develop revenue cycle staff, including billing specialists, collectors, and team leads.
- Conduct regular audits to ensure compliance with payer guidelines, HIPAA regulations, and client-specific requirements.
- Collaborate with clients to identify operational challenges and recommend revenue cycle improvements.
- Review aging reports and establish collection priorities to reduce outstanding balances.
- Analyze denial trends and implement corrective action plans to minimize future claim rejections.
- Prepare and present revenue cycle performance reports to clients and executive leadership.
- Partner with coding, compliance, and operational teams to resolve complex billing issues.
- Maintain knowledge of healthcare reimbursement methodologies, including commercial insurance, Medicare, Medicaid, and managed care plans.
- Assist with client onboarding, process documentation, and workflow optimization initiatives.
Qualifications
- Bachelor's degree in Healthcare Administration, Business Administration, Finance, Accounting, or a related field preferred.
- 5+ years of progressive revenue cycle management experience.
- Experience working for a healthcare provider, physician group, hospital system, or third-party revenue cycle management company.
- Strong knowledge of medical billing, coding, claims processing, collections, and payer reimbursement methodologies.
- Experience managing teams and client relationships.
- Proficiency with EMR/EHR and practice management systems such as Epic, eClinicalWorks, athenaOne, or similar platforms.
- Advanced skills in Microsoft Excel and revenue cycle reporting.
- Strong analytical, problem-solving, and communication skills.