Vice President of Revenue Cycle

FC Compassus LLC • $130K — $180K *

Brentwood, TN 37027In-Person

Healthcare

8 - 10 years of experience

1 week ago

By clicking Apply, I agree with Ladders' Terms of Use and Privacy Policy

Job Overview by Ladders

Qualifications

Bachelor's degree required; MBA preferred.
10+ years of experience in healthcare management focused on revenue cycle.
Knowledge of medical terminology and Medicare/Medicaid regulations preferred.
Strong mathematical skills for financial analysis and reporting.
Excellent customer service and communication abilities.

Responsibilities

Lead and direct revenue cycle management with clear goal setting.
Collaborate to enhance production and improve revenue cycle metrics.
Guide best practices for admissions, pricing, and compliance in clinical revenue cycles.
Track and analyze key revenue cycle metrics and trends like unbilled revenue and write-offs.
Act as liaison between field leadership and revenue cycle teams to eliminate barriers.
Ensure compliance in billing/collections through collaboration with the compliance team.
Conduct evaluations of bad debt provisions by line of business and program.

Benefits

Promote a culture of values including compassion, integrity, and teamwork.
Support ongoing training and development opportunities.
Encourage a customer-centric approach in team leadership.
Work in a collaborative environment across various healthcare leaders.

Full Job Description

Position Summary

The Vice President of Revenue Cycle is responsible for modeling the Compassus values of Compassion, Integrity, Excellence, Teamwork, and Innovation and for promoting the Compassus philosophy, using the 6 Pillars of Success as the foundation. S/he is responsible for upholding the Code of Ethical Conduct and for promoting positive working relationships within the company, among all departments, and all external stakeholders. The Vice President of Revenue Cycle oversees and manages all facets of the organization's revenue cycle operations. This position involves building and leading a dynamic team committed to excellence. By implementing a customer-centric approach, the Vice President of Revenue Cycle drives success in achieving both strategic and financial objectives. This role is pivotal in setting the strategic direction for the entire revenue cycle, offering valuable insights and guidance on strategic initiatives across the organization.

Position Specific Responsibilities

Leads and provides direction for revenue cycle management and determines goals.
Collaborates with RCM management team to improve production, revenue cycle metrics and the implementation of best practices.
Works with Hospice, Home Health and Infusion leadership to help guide best practices surrounding admissions, pricing, billing, third party payer relationships, compliance, collections and other financial analyses to ensure that clinical revenue cycle is effective and highly functional.
Tracks numerous metrics related to the revenue cycle including level of unbilled revenue, write-offs related to bad debt and revenue adjustments, accounts receivable and bad debt trends.
Works with RC management to eliminate barriers to success and be a liaison between field leadership and the revenue cycle teams.
Works directly with the compliance team to ensure proper billing/collections practices are being followed and developing and implementation of ongoing training needs are being fulfilled.
Works directly with senior and executive leadership to ensure the revenue cycle team is supporting the field home health, hospice and infusion strategic initiatives are being supported and ultimately successful.
Works closely with the finance teams to ensure revenue and adjustments to revenue are recorded properly and bad debt provisions are adequate.
Performs monthly/quarterly evaluation of bad debt provisions by line of business and program to ensure the company is properly reserved for doubtful accounts.
Works directly with RC leadership and performs quarterly AR reviews with team members.
Communicates any adverse events to CFO, Hospice and Home Health leadership as soon as identified.
Works to maintain positive, collaborative relationships with patients, caregivers, referral sources, and/or physicians.
Conducts internal staff meetings and training activities, as needed.
Performs other duties as assigned.

Education and/or Experience

Bachelor's degree required.
MBA preferred.
Minimum of ten (10) years of active experience in health care management in the revenue cycle required.
Working knowledge of medical terminology and Medicare/Medicaid rules preferred.

Skills

Mathematical Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percentage.
Language Skills: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from leaders, team members, investors, and external parties. Strong written and verbal communications.
Other Skills and Abilities: Possesses excellent customer service skills. Has a positive attitude and willingness to learn throughout employment. Self-starter with the ability to work with both clinical and non-clinical staff members. Ability to learn and utilize software solution, inclusive of Divisional Workflow Tasks. Ability to understand, read, write, and speak English. Articulates and embraces hospice philosophy. Experience in Accounting principals, Data Analytics, Financial Analysis, Financial Reporting, Medical Billing, Process Analysis, and Financial Analysis Software.

Physical Demands and Work Environment: The demands of this role necessitate a team member to effectively perform essential functions. Adaptations can be made to accommodate team members with disabilities. Regular standing, walking, and manual dexterity are fundamental, along with the ability to lift and move objects up to 25 pounds. Visual acuity requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus. This description provides a general overview and may vary by role and department, capturing the nuanced demands and conditions inherent to positions in our organization.

About FC Compassus LLC

FC Compassus LLC Careers

There has never been a more opportune time to join the dynamic team at FC Compassus LLC—the forefront of innovation and professional growth in the industry.

Work You’ll Do

Join FC Compassus LLC's leading team to assist some of the most prestigious companies in navigating their paths to digital and operational excellence. At the crossroads of technology, industry knowledge, and digital innovation, FC Compassus LLC stands out as a leader. Lead in a unique market position, leveraging deep industry expertise and a commitment to digital innovation to transform businesses and industries alike. Engage with a global team of business and technology advisors to help clients excel in their ongoing transformation projects. Collaborate with a dedicated group of professionals, all focused on delivering cutting-edge solutions and driving growth through innovation.

Introducing the FC Compassus LLC Professional Growth and Innovation Group

This team is dedicated to building a market-leading position, guiding well-known companies worldwide through their journey of digital transformation and operational excellence with tailored strategies and innovative solutions.

Do Innovative Work

Be part of a team where innovation meets practical application, creating solutions that not only meet but exceed client expectations in a dynamic business environment.

Drive Innovation and Leadership

Deliver targeted solutions and foster a culture of innovation and leadership that is unmatched in the industry, ensuring that FC Compassus LLC remains at the forefront of technological advancements.

Be Part of a Great Team

Join a team where diversity, culture, and professional growth are not just encouraged but are part of the core values. FC Compassus LLC offers a workplace where every team member’s contribution is valued, and where everyone can reach their full potential.

Future-Proof Your Career

With FC Compassus LLC, career opportunities are just the beginning. The company supports professional development and career advancement with comprehensive training, development programs, and leadership opportunities.

Explore Job Opportunities and Internships

FC Compassus LLC offers a range of job opportunities and internships that allow individuals to grow their skills, engage in meaningful work, and build their careers in a supportive and diverse environment.

The FC Compassus LLC Commitment to Professional Development and Diversity

With a commitment to professional development and diversity, FC Compassus LLC ensures that all team members have access to the training and resources they need to succeed. The company's leadership in fostering an inclusive culture makes it a top choice for professionals looking to advance their careers.

Stay Connected

Join the Team

Search open positions that match your skills and interests. FC Compassus LLC seeks passionate, curious, creative, and solution-driven team players. SEARCH FC COMPASSUS LLC JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the professionals at FC Compassus LLC.

READ CAREERS BLOG

Job Alert Emails

Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at FC Compassus LLC.

Learn more about FC Compassus LLC

Industry