Healthcare Revenue Cycle Director

BASIC FUNCTION AND RESPONSIBILITY

Will direct the operational, financial, and personnel activities of the Patient Accounts department.

Essential Functions

• Engages multiple disciplines, departments, and staff across Health Care to resolve operational problems and optimize service delivery.
• Confers with physicians and department managers to resolve operational problems and optimize service delivery.
• Acts as liaison between the Hospital Patient Accounts Department and physicians, hospital staff, the public, and third-party reimbursement agencies.
• Manages people, relationships, and processes to maximize results and promote stakeholder engagement.
• Promotes collaboration and teamwork, and champions service excellence initiatives throughout the department.
• Captures and analyzes financial data to prepare reports and presentations for senior leadership.
• Coordinates financial reporting activities with departments such as general accounting, reimbursement, compliance, and university physicians.
• Maintains current knowledge of third-party payor regulations and initiates corrective actions to support compliance with federal and state program requirements.
• Develops long-range strategies for access planning and management, addressing changes in reimbursement and clinical environments in collaboration with internal and external partners.
• Directs and monitors department functions, including billing, credit and collections, cashiers, cash control, data entry, data control, and insurance operations.
• Represents Health Care in court actions related to patient account collections and resolves complex reimbursement and billing issues.
• Ensures billing and collection practices comply with federal and state laws, and that policies are aligned with Health Care standards.
• Directs operational activities and identifies areas for improvement through performance metrics and quality initiatives.

Qualifications

• Minimum of 5 years of relevant experience in healthcare finance or accounting.
• Experience managing a team of finance and accounting professionals.
• Strong understanding of healthcare reimbursement regulations and compliance requirements.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
• Ability to manage multiple projects simultaneously and meet deadlines.

Skills

• Strong analytical and problem-solving skills.
• Excellent organizational and time management skills.
• Ability to work independently and as part of a team.
• Knowledge of healthcare industry trends and best practices.
• Ability to communicate effectively with various stakeholders, including physicians, hospital staff, and third-party reimbursement agencies.

Benefits

• Medical, dental, and vision insurance.
• HSA and FSA options.
• Disability insurance.
• Life insurance.
• 401(k) match.
• Paid time off.
• Wellness stipend.
• Additional voluntary benefits.

Pay

Hourly range: $110-$180.

Factors that are considered in making compensation decisions including, but not limited to, skills, experience, training, licensure and certifications, practice area, and other business and organizational needs.

Schedule

N/A

Benefits

• Medical, dental, and vision insurance.
• HSA and FSA options.
• Disability insurance.
• Life insurance.
• 401(k) match.
• Paid time off.
• Wellness stipend.
• Additional voluntary benefits.