What are the responsibilities and job description for the Revenue Cycle Director position at Chimes?
Join Chimes – and go further to help others go far! Chimes is a not-for-profit organization that assists people with intellectual and behavioral challenges to achieve their fullest potential.
Our vast array of services — educational, employment, vocational, residential, habilitative and behavioral health — are delivered through a network of national and international affiliates. This allows us to take a comprehensive, holistic approach to improving the lives of every person we serve — those who receive and those who reap the benefits of our innovative, responsive solutions.
WORK TYPE: Hybrid (must work in the Baltimore office 3 days per week)
TARGET COMPENSATION: $150,000 - $170,000 per year (commensurate with experience)
PRIMARY RESPONSIBILITIES:
- Oversees entire revenue cycle process, including billing, payment posting, claims resolution, and A/R reporting for all Chimes organizations.
- Creates policies and procedures to enhance and streamline billing, payment posting, and claims resolution, ensuring timely and accurate billing and follow up and reduction in outstanding receivables.
- Manages payment application process, ensuring rapid payment posting to allow accurate and current A/R reporting, including managing Chimes Holcomb outsourced revenue cycle contract.
- Monitors, analyzes, and reports on billing, receivables, and risk
- Performs and manages analysis of monthly revenue trends for accuracy and procedural improvement opportunities
- Ensures compliance of billing system data against contractual funder agreements and federal and state agencies
- Collaborates with program leaders to improve front-end billing processes and increase collections
- Works with divisional leaders to improve collaboration between divisional revenue cycle, financial analysis, and programmatic teams to increase collections, optimize processes, and enhance shared understanding of risks and receivables
- Provides leadership in strengthening internal communications with staff at all levels throughout the organization; creates and promotes a positive and supportive work environment
- Represents the agency externally to current and potential payor and contractual sources
- Works collaboratively with each operating unit to resolve operations issues at the program level that are impacting financial performance.
- Works collaboratively with the compliance to ensure compliance in all facets of the revenue cycle
- Works collaboratively with the organizations FP&A leadership to resolve issues impacting financial performance
- Works collaboratively with the chief information officer to resolve issues with the billing system(s) that are impacting aspects of the revenue cycle
- Works collaboratively with the chief financial officer to resolve issues impacting the overall financial condition of the agency
- Other duties as assigned
QUALIFICATIONS:
EDUCATION
Bachelor’s Degree in Accounting, Finance or related field required.
EXPERIENCE
- 7 years of hands-on professional experience in accounting, finance, or related field required
- At least one year of leadership experience in an accounting & finance environment required
- Demonstrated experience with Revenue Cycle management is highly desired
Notes:
- At the discretion of the Personnel Officer, additional related experience and/or education may be substituted in lieu of the requirements specified above under Education and Experience.
What’s in it for you?
Total Rewards (For Full-Time Employees = >30 hours/week):
- Competitive Pay
- Medical, Dental, and Vision Insurance
- Tuition Reimbursement options
- Flexible Spending Accounts (Health, Dependent, and Transportation)
- Life Insurance
- Disability Insurance
- Paid Time Off
- 403(b) with Employer Match
- Employee Recognition Programs
- Employee Referral Bonus opportunities
- Discounts through “Tickets at Work”
- And More!
Want to learn more?
To learn more about Chimes, and how you can achieve personal and professional growth within a purpose-driven organization, visit us at: https://chimes.org/Careers.
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Salary : $150,000 - $170,000