Vice President, Revenue Cycle Management

Brightli

$150K — $180K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in medical management, business administration, or health administration; equivalent professional experience considered.
  • At least 7 years of leadership experience in revenue management and operations with focus on billing and customer service.
  • Proven expertise in payment posting and financial variance analysis.
  • Strong analytical and problem-solving skills for complex issues.
  • Exceptional communication and leadership abilities to foster collaboration.,

Responsibilities

  • Manage the overall operations of Client Financial Services to ensure financial viability.
  • Enhance net cash collections through streamlined policies and improved processes.
  • Identify cost-reduction opportunities while ensuring quality customer service.
  • Facilitate cross-departmental planning for process improvements with stakeholders.
  • Ensure compliance through analysis of current policies and procedures.
  • Develop performance scorecards to track and improve process outcomes.
  • Oversee accounts receivables management to ensure effective cash collection.

Benefits

  • Attractive paid time off package for work-life balance.
  • Comprehensive employee benefits including health, dental, and retirement plans.
  • Ongoing training and development support.
  • Opportunities for career advancement and internal promotions.
  • A supportive work culture that values employee well-being and health.
Full Job Description

Job Description:

Job Title: Vice President, Revenue Cycle Management

Location: Springfield, MO

Department: Client Financial Services

Employment Type: Full-time


Job Summary:

We're seeking an exceptional leader to join our team as Vice President - Client Financial Services. In this role, you'll oversee all aspects of Client Financial Services operations, driving financial management, leadership, and expertise to maximize client revenue while maintaining regulatory compliance and high client satisfaction.


As Vice President - Client Financial Services, you'll play a critical role in shaping our organization's financial future. You'll leverage your expertise to streamline processes, enhance net cash collections, and foster strong relationships with clients and stakeholders.


Key Responsibilities:

· Promote financial and operational viability by effectively managing all aspects of Client Financial Services operations
· Modify and maintain policies to streamline and automate processes, enhance net cash collections, and build strong relationships with clients and stakeholders
· Identify opportunities to leverage systems and processes to lower costs while maintaining or improving customer service
· Facilitate planning across the Revenue Cycle for process improvements, including prioritization and implementation in collaboration with key stakeholders
· Analyze current policies and procedures to ensure standardization and compliance
· Develop and monitor performance scorecards to measure process outcomes and ensure continuous quality improvement
· Maintain internal control over accounts receivables and cash collections
· Perform analysis of accounts receivable, billing, and cash collections to drive business growth
· Ensure prompt and professional handling of client inquiries and complaints
· Maintain effective communication between key business and clinical stakeholders
· Ensure departmental systems incorporate principles of total and continuous quality improvement


Education, Experience, and/or Credential Qualifications:

· Bachelor's degree in medical management, business administration, health administration, or commensurate professional experience
· Minimum 7 years of leadership experience in revenue management and operations, with expertise in billing, customer service, payment posting, and payment variance


Additional Qualifications:

· Strong analytical and problem-solving skills to address complex issues and drive business growth
· Excellent communication and leadership skills to collaborate with stakeholders and drive team success
· Ability to prioritize and deliver key initiatives, with demonstrated success in achieving performance metrics targets


Supervisory Requirements:

· Communicate strategic direction and encourage team participation
· Provide leadership and guidance to drive departmental success
· Champion change and manage implementation of new ideas


Physical Requirements:

· Sedentary work with occasional lifting, carrying, pushing, or pulling of objects
· Repetitive movements of hands, fingers, and arms for typing and writing


Keywords: Vice President, Client Financial Services, Revenue Cycle, Financial Management, Leadership, Process Improvement.

Position Perks & Benefits:

Paid time off: full-time employees receive an attractive time off package to balance your work and personal life

Employee benefits package: full-time employees receive health, dental, vision, retirement, life, & more

Top-notch training: initial, ongoing, comprehensive, and supportive

Career mobility: advancement opportunities/promoting from within

Welcoming, warm, supportive: a work culture & environment that promotes your well-being, values you as human being, and encourages your health and happiness

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