RadNet

Director Revenue Cycle Ops

RadNet • $95K — $110K *
Owings Mills, MD 21117In-Person
Healthcare
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in revenue cycle operations or related field.
  • Strong knowledge of reimbursement processes and billing compliance policies.
  • Expertise in accounts receivable management and performance analysis.
  • Proficient in budget preparation and performance tracking.
  • Outstanding verbal and written communication skills.
  • Demonstrated analytical problem-solving abilities.
  • Experience in working with government/managed care environments.

Responsibilities

  • Oversee daily operations of Reimbursement Operations team and HR-related issues.
  • Achieve established accounts receivable goals on a semi-annual basis.
  • Maintain monthly and annual cash flow targets.
  • Prepare and analyze operating budgets.
  • Conduct regular accounts receivable analysis to identify fluctuations affecting collection rates.
  • Implement and maintain compliance with billing policies per guidelines.
  • Develop and present educational programs on reimbursement-related topics.

Benefits

  • Comprehensive health insurance coverage.
  • 401(k) retirement plan with company match.
  • Paid time off and holidays.
  • Continuous professional development opportunities.
  • Collaborative and supportive work environment.
Full Job Description
Responsibilities

JOB SUMMARY

The Director, Revenue Cycle Operations is responsible for the reimbursement operation function for the subsidiary to include; accounts receivable management, billing, collections and critical data reporting. Facilitates communication among all practice departments regarding information needs and time requirements to optimize reimbursement performance.

You will:
  • Responsible for daily managing of Reimbursement Operations functions and Team Member Human Resource related issues.
  • Responsible for achieving AR goals discussed semi-annually.
  • Must maintain or exceed cash goals monthly as well as cash goals on an annual basis.
  • Prepares operating budgets and effectively analyzes performance against those budgets.
  • Responsible for daily, weekly, and monthly analysis on accounts receivable and determine any fluctuations that can effect collect rates.
  • Responsible for implementing and maintaining billing compliance policies and procedures according to company and governmental guidelines.
  • Assists in the development and presentation of timely educational programs on reimbursement, and charge capture topics/issues.
  • Reviews MDIV related accounts receivable reports to identify trends, issues and/or problems with charge capture, coding and/or billing activities of the subsidiary.
  • Provides expert guidance on all reimbursement-related issues.
  • Recognizes and reports any payment or payer trends to the National Director of Reimbursement Operations and/or Management towards problem resolution, and seeks assistance as necessary to assure the protection of the A/R.
  • Effectively utilizes team members ensuring appropriate levels of productivity.
  • Develops and implements action plans relating to accounts receivable to present to Management.
  • Develops communication activities that support the Mission, Vision, and Values of Radiologix.


If You Are:
  • Knowledge of government/managed care arena including systems audits, analysis, payor strategies.
  • Knowledge of developing budgets.
  • Ability to communicate effectively through verbal and written communication.
  • Proficient computer skills.
  • Solid understanding of billing and reimbursement processes.
  • Ability to demonstrate analytical PROBLEM-SOLVING skills.
  • Able to exercise a high degree of initiative, judgment, discretion and decision-making to achieve department and organizational objectives.
  • Ability to share information effectively and provide appropriate direction to staff.


Ideal Candidate will possess:
  • Communicates, cooperates, and consistently functions professionally and harmoniously with all levels of supervision, co-workers, patients, visitors, and vendors.
  • Demonstrates initiative, personal awareness, professionalism and integrity, and exercises confidentiality in all areas of performance.


Pay Range: $95,000 - $110,000 per year

About RadNet

RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 332 owned and/or operated outpatient imaging centers. RadNet's core markets include California, Maryland, Delaware, New Jersey, New York and Rhode Island. In addition, RadNet provides radiology information technology solutions, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with affiliated radiologists, and inclusive of full-time and per diem employees and technicians, RadNet has a total of approximately 8,000 employees.
Learn more about RadNet
Size
6,756 employees
Market Cap
$1.1 billion
Industry
Healthcare
Net Income
-$14.8 million
Founded
1984
5 Year Trend
+8.3%
Revenue
$1 billion
NASDAQ
RDNT
* Ladders Estimates

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