Vice President – Revenue Cycle
Job Description:
- Provide strategic direction, operational leadership, and oversight of ambulatory and acute Revenue Cycle operations
- Serve as the senior Revenue Cycle leader for a complex healthcare organization
- Drive financial performance, operational excellence, and a consistent patient financial experience
- Lead end-to-end Revenue Cycle operations and oversee Revenue Cycle leaders, staff, and supervisors
- Establish strategy, performance expectations, and operational priorities
- Collaborate with executive, finance, clinical, operational, and technology leaders
- Develop and execute long-term Revenue Cycle strategies and a comprehensive roadmap
- Build and engage a high-performing Revenue Cycle leadership team
- Establish and monitor key Revenue Cycle metrics, benchmarks, and performance improvement plans
- Lead resolution of complex Revenue Cycle challenges and sustainable solutions
- Evaluate emerging technologies and vendors and oversee transformation initiatives
- Lead process redesign, standardization, automation, technology, and data improvements
- Plan, implement, and optimize Revenue Cycle systems and applications with IT and project leadership
- Improve billing, collections, denial prevention, and account resolution
- Establish policies, procedures, workflows, and productivity standards
- Provide executive reporting on financial performance, operational KPIs, budgets, compliance, quality, customer service, and productivity
- Identify risks and implement mitigation strategies and corrective action plans
- Maintain HIPAA and healthcare billing compliance
- Establish goals, objectives, budgets, and performance expectations
- Develop leadership capability, succession readiness, and accountability throughout the Revenue Cycle organization
Requirements:
- Executive leadership experience in ambulatory and acute Revenue Cycle operations
- Experience overseeing a large, multidisciplinary Revenue Cycle organization
- Ability to develop and execute long-term Revenue Cycle strategies
- Ability to align Revenue Cycle strategy with enterprise priorities
- Experience partnering with Finance, IT, Human Resources, clinical leadership, and other key stakeholders
- Experience establishing and monitoring Revenue Cycle metrics, benchmarks, and performance improvement plans
- Experience with analytics, process improvement, technology, and data
- Experience evaluating emerging technologies and vendors, developing business cases and ROI analyses, and recommending investments
- Experience overseeing budgets, strategic partners, vendors, and major transformation initiatives
- Experience with Revenue Cycle systems and applications
- Knowledge of billing, collections, denial prevention, and account resolution processes
- Knowledge of HIPAA privacy and security requirements and applicable healthcare billing regulations
- Ability to develop leadership capability, succession readiness, and accountability
- Ability to ensure compliance with organizational policies, procedures, and standards of conduct
Benefits:
- Annual incentive compensation program
- Medical coverage
- Dental coverage
- Vision coverage
- Wellness programs
- Periodic travel may be required based on organizational, operational, leadership, or business needs
