What are the responsibilities and job description for the Director Revenue Cycle Management position at Aligned Orthopedic Partners?
Description
The Revenue Cycle Director for Aligned Orthopedic Partners in Maryland and Virginia is responsible for the strategic leadership and operational oversight of the revenue cycle management functions. This role is pivotal in driving financial performance, ensuring compliance with healthcare regulations, and delivering an exceptional patient experience across multiple practice locations. The ideal candidate will have experience navigating the complexities of private equity-backed healthcare organizations and scaling revenue cycle operations in alignment with growth objectives.
Key Responsibilities
Strategic Leadership:
Qualifications
We strive to enrich the lives of our team and offer a variety of health and wellness benefits including medical and dental benefits, employer-paid short-term and long-term disability coverage, a safe harbor employer contribution for the 401K program, generous paid time off, and an environment that celebrates continuous learning and development.
Equal Opportunity Employer
Aligned Orthopedic Partners is an equal-opportunity employer. We promote diversity of thought, culture, and background. We celebrate what makes us different and are committed to building a team that represents a variety of experiences. All employment is decided on the basis of qualifications, merit, and business need.
The Revenue Cycle Director for Aligned Orthopedic Partners in Maryland and Virginia is responsible for the strategic leadership and operational oversight of the revenue cycle management functions. This role is pivotal in driving financial performance, ensuring compliance with healthcare regulations, and delivering an exceptional patient experience across multiple practice locations. The ideal candidate will have experience navigating the complexities of private equity-backed healthcare organizations and scaling revenue cycle operations in alignment with growth objectives.
Key Responsibilities
Strategic Leadership:
- Develop and execute revenue cycle strategies tailored to the unique of orthopedic practices, including supporting rapid growth and scalability.
- Collaborate with leadership and clinical partners to align revenue cycle goals with organizational and investment objectives
- Oversee end-to-end revenue cycle processes, including patient access, coding, billing, claims, and collections, ensuring adherence to industry best practices.
- Implement advanced analytics and automation tools to enhance operational efficiency and accuracy.
- Develop creative solutions to homogenize process and workflows
- Assist leadership with integration for new practice acquisitions, ensuring seamless onboarding and standardization of processes.
- Provide financial reporting and performance metrics, including insights on staff productivity, KPIs, and accounts receivable.
- Ensure full compliance with payer contracts, state and federal regulations, including HIPAA and applicable healthcare laws.
- Conduct regular audits to identify and mitigate financial risks.
- Build and lead a high-performing revenue cycle team across decentralized practice locations.
- Foster a culture of collaboration and accountability, focusing on professional development and employee retention.
- Design patient-centered financial policies and procedures to ensure transparency and positive interactions.
- Address patient billing inquiries and disputes efficiently, while maintaining a high level of customer service.
Qualifications
- Education: Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field preferred. Will consider experience in lieu of degree for the right candidate.
- Experience: Minimum of 5-8 years in revenue cycle management. Orthopedic practice experience is highly preferred.
- Technical Skills: Proficiency in healthcare billing systems (e.g., Epic, Veradigm) and data analytics platforms. Familiarity with revenue cycle tools tailored to orthopedic care.
- Knowledge: Understanding of practice integration, healthcare reimbursement models, and payer contracts.
- Leadership: Proven ability to lead teams across decentralized or multisite organizations, with strong communication and interpersonal skills.
- Reduction in accounts receivable (A/R) days specific to orthopedic services.
- Optimization of payer contract reimbursements.
- Patient satisfaction scores related to billing and financial transparency.
We strive to enrich the lives of our team and offer a variety of health and wellness benefits including medical and dental benefits, employer-paid short-term and long-term disability coverage, a safe harbor employer contribution for the 401K program, generous paid time off, and an environment that celebrates continuous learning and development.
Equal Opportunity Employer
Aligned Orthopedic Partners is an equal-opportunity employer. We promote diversity of thought, culture, and background. We celebrate what makes us different and are committed to building a team that represents a variety of experiences. All employment is decided on the basis of qualifications, merit, and business need.
