What are the responsibilities and job description for the VP of Revenue Cycle Management position at KVC Health Systems?
Position Summary :
The Vice President of Revenue Cycle Management (VP-RCM) is responsible for providing strategic, operational, and financial oversight of KVC's revenue cycle functions, ensuring the organization achieves optimal cash flow, reduces bad debt, and improves financial outcomes. The VP-RCM works collaboratively with internal departments, such as Finance, Utilization Review, and Admissions, and maintains strong relationships with external billing vendors and payers. This role drives process improvements, ensures compliance with regulations, and utilizes innovative solutions to meet and exceed organizational goals. The VP-RCM is a trusted leader, recognized for excellent technical expertise, management skills, and interpersonal effectiveness to support KVC's mission, vision, and goals.
Schedule :
Hybrid; 3 days a week in the Olathe, KS office
Education :
Bachelor's degree in business administration or healthcare management from an accredited college or university
Experience :
10 years of progressive management experience in revenue cycle leadership role
Minimum 7 years of management experience working in a healthcare organization
Qualifications :
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.
The ability to work independently within a team context
The ability to work collaboratively on projects and lead a team
Excellent written and verbal communication skills
Outstanding attention to detail and excellent time management skills
Outstanding computer skills with practice management system, other billing software, Microsoft Excel and Microsoft Word
Licensure / Certification :
Valid Drivers License
Valid Auto Insurance
At least 21 years old
Skills and Abilities :
Excellent written and verbal communication skills for collaboration internally as well as with external partners
Proficient computer skills including Microsoft Office
Microsoft Excel intermediate or above proficiency
Strong analytical and problem-solving skills and data-driven approach
Solid financial management skills including forecasting, budgeting, benchmarking, and financial analysis
Job Duties / Responsibilities :
Strategic Leadership and Oversight
Provide leadership and guidance to the Revenue Cycle Management team, fostering collaboration and alignment with organizational objectives.
Manage and oversee all revenue cycle functions, including inpatient and outpatient services, billing, claims, and collections.
Define and monitor revenue cycle performance goals and metrics to achieve operational success and maximize financial outcomes.
Evaluate billing vendor performance and collaborate to implement process improvements.
Work with Finance, Utilization Review, and Admissions to improve payment collection processes and ensure timely reimbursement.
Develop and maintain long-term plans to support cash flow benchmarks and reduce bad debt.
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