3 Director of Revenue Cycle Operations Jobs in Peoria, IL
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University of Illinois College of Medicine is Hiring a Director of Revenue Cycle Operations Near Peoria, IL
Duties & Responsibilities
- Identify opportunities to improve revenue capture, reduce revenue leakage, and maximize reimbursement through accurate coding, timely billing, clean claims submission, and effective denial management.
- Plans, develops, and implements programs, projects, strategies, and technology to continuously improve and manage the revenue cycle and increase profitability.
- Provides data driven insights and actionable information to drive improvement, increase efficiency, and implement best practices in revenue cycle operations. Monitors key performance indicators and escalates issues to leadership as appropriate.
- Develops and ensures implementation of policies and procedures; and ensures goals and objectives are properly defined and clearly established.
- Provides leadership, guidance, and direction to the revenue cycle team. Hires and retains staff. Monitors employee performance and completes annual evaluations of direct reports.
- Provide training, education, and professional development opportunities for revenue cycle staff, clinicians, and administrative teams on revenue cycle best practices, compliance requirements, and industry updates.
- Set performance goals, key performance indicators (KPIs), and benchmarks for revenue cycle operations. Monitor performance metrics, analyze trends, and implement performance improvement initiatives.
- Analyzes and resolves problems that affect the revenue cycle.
- Collaborate with the Regional Dean, Executive Director of Fiscal Affairs, Department Managers, and Division Heads to produce annual budgets. Create monthly, quarterly, and annual reports for UIC and departments.
- MSP Committee participation.
- Perform other related duties and participate in special projects as assigned.
- Bachelor's degree in Health Care Administration, Business Administration, Finance, or related field.
- Minimum 3 years of progressive experience in revenue cycle management, healthcare finance, or healthcare administration.
- Strong understanding of revenue cycle processes, including billing, coding, claims processing, reimbursement, denial management, and collections.
- Excellent management and interpersonal skills with the ability to lead teams, collaborate with stakeholders, and drive performance improvement initiatives.
- Proficiency in data analysis, financial reporting, and revenue cycle analytics to identify trends, KPIs, and performance metrics.
- Master's Degree in Health Care Administration, Business Administration, Finance, or related field.
- Professional certifications related to revenue cycle management, such as Certified Revenue Cycle Professional (CRCP), Certified Revenue Cycle Executive (CRCE), or Certified Revenue Cycle Representative (CRCR).
- Previous experience implementing revenue cycle process improvements, performance optimization initiatives, or technology solutions.
- Knowledge of healthcare industry trends, reimbursement models, value-based care initiatives, and revenue cycle best practices.
- Strong communication skills to effectively communicate with leadership, clinical departments, and other stakeholders.
Job Summary
Full Time
Colleges & Universities
$113k-152k (estimate)
07/28/2024
08/24/2024
uic.edu
CHICAGO, IL
7,500 - 15,000
2011
PAULA ALLEN-MEARES
$5M - $10M
Colleges & Universities
Related Companies
About University of Illinois College of Medicine
Recognized as one of the countrys best medical schools, the College of Medicine is also one of the largest. Our diverse student body of 1,351 students hails from a wide variety of cultural and economic backgrounds. This diversity adds to the rich educational experience that is the College of Medicine. The Colleges four campuseslocated in Chicago, Peoria, Rockford, and Urbana take advantage of the states urban and rural environments and offer numerous opportunities for clinical training and research. Our distinguished faculty contributes to the colleges reputation as one of the best schools fo...r both undergraduate and graduate medical education. The Colleges 75 residency programs are highly sought after. Our Mission: To produce new knowledge in the medical sciences, develop best practices in health care delivery, and educate the next generation of physicians and biomedical scientists committed to serving the needs of Illinois and the nation. For the UIC College of Medicine, this mission is guided by the following values: Excellence everywhere - in research, education and clinical work. Collaboration with all who can advance our mission at UIC and UIUC, the medical district and other institutions world-wide. Diversity- in all its forms from students, to areas of research to collaborative partners- as a means to a higher quality of health care for all. Innovation and Translation of new knowledge and new approaches to disease and health care delivery. Integrity and Commitment to the people we work with as patients, research subjects, communities and our own students, faculty and staff. The Promise of Hope for our patients and supporters by striving toward cures for diseases that have plagued humankind for millennia.
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The job skills required for Director of Revenue Cycle Operations include Leadership, Billing, Initiative, KPI, Collaboration, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Revenue Cycle Operations. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Revenue Cycle Operations. Select any job title you are interested in and start to search job requirements.
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