Director, Revenue CycleLocations: Colorado Springs, CO (Onsite)
Job Summary:The Director of Revenue Cycle is responsible for overseeing the day-to-day operations, performance, and continuous improvement of the revenue cycle functions. This position provides leadership and operational support for patient services, insurance verification, billing, denials management, collections, cash posting, and reimbursement activities. The Director works collaboratively with Finance, Operations, Compliance, Sales, and Laboratory leadership to maximize revenue, improve cash flow, enhance customer service, and ensure compliance with all applicable federal and state regulations.
The Director is responsible for implementing operational strategies, monitoring key performance indicators, troubleshooting and resolving system issues, and building a high-performing team focused on quality, accountability, and service excellence.Responsibilities:
- Develop departmental goals, objectives, and operational plans aligned with organizational priorities
- Establish and maintain policies, procedures, and workflows to support efficient revenue cycle operations
- Prepare and analyze operational and financial reports, including accounts receivable, collections, denials, and cash flow metrics
- Monitor accounts receivable balances, aging trends, and bad debt performance to ensure achievement of established targets
- Ensure timely billing and collection activities in accordance with organizational standards and payer requirements
- Identify opportunities for workflow improvements, automation, and process standardization
- Optimize staffing resources and operational capacity to support organizational growth and service objectives
- Develop and monitor revenue cycle performance metrics and service standards
- Review department performance regularly and implement corrective action plans as needed
- Analyze trends and key performance indicators to drive operational improvements and financial outcomes
- Ensure adherence to departmental policies, procedures, and productivity expectations
- Manage and develop supervisors, managers, and staff within the Revenue Cycle organization
- Conduct regular staff meetings to communicate goals, priorities, and organizational initiatives
- Provide coaching, mentoring, and performance management to support employee growth and engagement
- Develop employee training and professional development programs
- Foster a culture of accountability, collaboration, customer service, and continuous improvement
- Partner with Information Technology and business stakeholders to optimize revenue cycle systems, reporting capabilities, interfaces, and automation initiatives
- Oversee patient services, billing, collections, and reimbursement activities
- Ensure effective resolution of complex patient, client, and payer issues
- Partner with internal stakeholders to enhance customer satisfaction and support business objectives
- Support client retention efforts through responsive service and issue resolution
- Ensure billing and collection practices comply with applicable federal, state, and payer regulations
- Maintain working knowledge of Medicare, Medicaid, and commercial payer requirements
- Ensure patient information is handled in compliance with HIPAA privacy and security regulations
- Partner with Compliance and Legal departments to address regulatory concerns and operational risks
Qualifications:- Bachelor's degree in Business or Healthcare Administration, Finance or related field. Master's degree (MBA, MHA, or MS in Finance or related field) strongly preferred
- Minimum of 5 years of progressive revenue cycle management experience within healthcare, laboratory, or pathology billing environments
- Strong understanding of revenue cycle operations, reimbursement methodologies, accounts receivable management, and payer relations
- Demonstrated experience improving operational performance and achieving financial objectives
- Experience leading teams and managing multiple functional areas within the revenue cycle
- Strong understanding of healthcare reimbursement regulations and compliance requirements
- Proven success in staff development, performance management, and organizational leadership
- Strong analytical, decision-making, and problem-solving abilities
- Proficiency with revenue cycle systems, HL7, ANSI, Microsoft SSAS tabular & multidimensional cubes, and general SQL
- Strong analytical and financial management skills
- Excellent leadership and team development capabilities
- Strong written, verbal, and presentation communication skills
- Ability to analyze data and develop actionable recommendations
- Strong organizational and project management skills
Compensation:- $130,000-$160,000
- Compensation may vary for different individuals in the same role based on several factors, including but not limited to individual competencies, education/professional certifications, experience and performance in the role
Benefits:
As an Ascend Clinical employee, you will become part of a company that has received national recognition as a great place to work. We offer excellent full-time benefits including comprehensive medical coverage, life and disability insurance, 401(k) with company match, paid holidays and vacation, personal days, and dental and vision options.
