Jobs · Business Development · Illinois

Sys VP Revenue Cycle Accounts Receivable Mgmt.

CommonSpirit Health · Chicago, IL · 2 wk ago
Business Development$146.9–$205.66/hrFull-time

About the role

The System VP Revenue Cycle Accounts Receivable Management role provides executive vision and strategic oversight for all Accounts Receivable (A/R) operations across CommonSpirit's hospitals. This role includes directing critical functions such as billing and follow-up, denials and appeals management, underpayments, credit balances, and complex claims resolution, ensuring optimal financial performance and compliance.

Responsibilities

  • Strategic Leadership: Directs enterprise-wide A/R operations, defining regional operating models, performance strategies, KPIs, and accountability for optimal cash collections and regulatory compliance.
  • Revenue Optimization: Develops and oversees billing accuracy, denials management, and underpayment recovery strategies to maximize reimbursement and reduce claims recurrence.
  • Vendor and Governance: Owns A/R vendor strategy, performance and contract management, alongside establishing governance for A/R policies, procedures, and internal controls.
  • Complex Receivables & Compliance: Manages high-risk and complex receivables, including NSA/IDR processes, bankruptcy, probate, and ensures compliance for credit balances and unclaimed property.
  • Financial Integrity: Oversees payment posting, reconciliation, and A/R reporting, communicating outcomes and risks to senior leadership to ensure accurate financial reporting and audit readiness.
  • Cross-Functional Collaboration: Partners with finance, payor operations, legal, and IT to align A/R strategies with accurate reimbursement, compliance, cash flow, and holds regional leaders accountable for A/R performance.

Requirements

  • Bachelor's degree
  • 10+ years demonstrated experience in the understanding and management of healthcare revenue cycle
  • 12+ years in the healthcare industry with proven experience in a large, complex, multi-facility healthcare environment with the ability to collaborate and work with people at all levels

Preferred

  • Masters degree

Benefits

Depending on the position offered, CommonSpirit Health offers a generous benefit package, including but not limited to medical, prescription drug, dental, vision plans, life insurance, paid time off (full-time benefit eligible team members may receive a minimum of 14 paid time off days, including holidays annually), tuition reimbursement, retirement plan benefit(s) including, but not limited to, 401(k), 403(b), and other defined benefits offerings, as may be amended from time to time.

Pay

The posted compensation range of $146.90 - $205.66 /hour is a reasonable estimate that extends from the lowest to the highest pay CommonSpirit in good faith believes it might pay for this particular job, based on the circumstances at the time of posting.

Schedule

Hours/Pay Period: 80
Weekly Schedule: Monday - Friday
Shift: Day
Remote: Yes

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