Director, Accounts Receivable

Avontix

$100K — $130K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in Accounts Receivable, 3 years in leadership
  • Extensive experience in healthcare-related AR and claims
  • Strong analytic skills with a focus on process improvement
  • Knowledge of various payer requirements including Medicare and Medicaid
  • Proficient in Microsoft Office Suite
  • Understanding of HIPAA regulations and patient confidentiality
  • Advanced knowledge of the revenue cycle, ASC billing preferred
  • Familiarity with Epic systems and client presentations

Responsibilities

  • Lead and develop a team of 5-15 individuals
  • Monitor and manage aged AR to remain under 20%
  • Create and execute strategic KPIs for performance accountability
  • Conduct analytics reviews to enhance operational efficiency
  • Draft action plans addressing payer denial trends
  • Implement and revise AR policies and procedures
  • Engage with clients to maintain satisfaction and address concerns

Benefits

  • Hybrid work schedule possible
  • Opportunity for leadership and team development
  • Engagement in operational strategy creation
  • Access to client management collaboration
  • Opportunity to influence process improvements
  • Dynamic work environment with potential travel
Full Job Description
Job Type

Full-time

Description

**Local candidates able to work a hybrid schedule from our Chesterfield HQ are preferred; however, we will also consider remote applicants ***

As the Director, Accounts Receivable, you will oversee, develop, and be accountable for $10-$20 million in client revenue and lead a team of 5-15 individuals. This individual should have a successful track record of driving results to meet performance SLA's, expertise in RCM accounts receivable and claims, and demonstrated ability to lead, develop, and grow a team. You will focus on optimizing our operations and partnering with the Vice President, Accounts Receivable, to create and drive strategy.

On a typical day, you'll be responsible for:

People Leadership
  • Responsible for meeting
  • Budget/forecast
  • Aged AR less than 20%
  • Productivity and 95% or above QA expectations
  • Leads, develops, and assists Assistant Directors, Account Performance Managers, and Accounts Receivable Representatives with daily responsibilities
  • Drives performance through established department KPIs (key performance indicators) and holds the team accountable
  • Ensures Assistant Directors/Managers provide leadership and drive the training plan for new Accounts Receivable team members (in partnership with the training team)
  • Develops and coaches underperforming team members by providing direct feedback and coaching
  • Accountable for driving team members to meet and exceed goals and provide detailed feedback to the team and leadership if the goals are not met

Analytics
  • Partners with the analytics team to review and analyze reports and data to maximize efficiency and direct focus to appropriate areas of concern
  • Reviews data and creates and drives action plans to resolve accounts and issues
  • Identify denial trends, report on global payer issues, and implement recovery plans
  • Ensure the team is creating and executing reports weekly, monthly, quarterly, etc. AR reports for clients

Subject Matter Expert
  • Acts as a resource for all Accounts Receivable team members for questions regarding billing policies, state guidelines, reimbursement analysis, and assists with the resolution of challenging accounts and claims.

Process
  • Creates and drives policies, procedures, and best practices, and revises as necessary
  • Ensures change management best practices are followed and monitored to ensure adoption of processes
  • Enforces and holds the team accountable for adhering to and driving the process

Client Services
  • Partners closely with Client Management leadership to proactively identify items that may lead to client risk, maintain/exceed client satisfaction, and address any questions related to AR/AR performance
  • Maintains knowledge of client-specific SOWs
  • Presents account performance to clients and internal leadership
  • Subject matter expert on client accounts, responsible for oversight
  • Accountable for ensuring the client risk SLA is met


Requirements

  • At least 5 years of experience in Accounts Receivable, with at least 3 years in a leadership position
  • 5+ years of Accounts Receivable and Claims experience in the healthcare industry
  • Strong analytic skills and proven success in leading process improvement initiatives and project management
  • Knowledge of Medicare, Medicaid, Private Insurance, Private Pay, Liability, and Worker's Compensation requirements and procedures, and diagnosis and medical terminology
  • Intermediate level of expertise with Microsoft Office Suite
  • Knowledge of and ability to comply with HIPAA, HITECH, and patient confidentiality policies
  • Advanced knowledge of the revenue cycle is required; experience with ASC billing is preferred
  • Epic experience strongly preferred
  • Experience creating and delivering client-facing content and client presentations

Key Competencies
  • Drives Results. Consistently achieves results, even under difficult circumstances. Fosters a sense of urgency in the team for reaching goals and meeting deadlines. Readily acts on challenges, Identifies, and seizes new opportunities; Leads others to persist despite setbacks or obstacles; Establishes clear responsibilities and processes for monitoring work and measuring results
  • Communicates Effectively. Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences. Provides timely and helpful information to others across the organization; Encourages the open expression of diverse ideas and opinions; Picks up on situational cues and adapts personal, interpersonal and leadership behavior to fit
  • Quality Decision-making. Makes sound decisions, even in the absence of complete information; Considers all relevant factors and uses appropriate decision-making criteria and principles; shows courage in speaking up in driving appropriate decisions for the organization based on sound risk/reward analysis
  • Customer Focus. Gains insight into customer needs; Identifies opportunities that benefit the customer; Builds and delivers messaging and solutions that meet customer expectations

Location
  • In-office hybrid position in Chesterfield location or remote for non-local candidates. Role may require light travel to company offices, key company, and industry events.

Start Date
  • Immediately

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