VP of Revenue Cycle Management - Skilled Nursing

Voted one of the best companies to work for by Modern Healthcare Magazine:

Renew Health Consulting Services is an award winning family company providing healthcare services including skilled nursing, assisted living and senior living communities.

Compensation & Benefits

• As a growing and essential company, we have many opportunities for growth and development within the medical industry and are committed to providing the resources and training you need.
• Pay is market competitive and negotiable based on your experience.
• Full-time employees will be eligible for a variety of comprehensive medical, dental, and vision insurance plans.
• Full-time employees will be eligible for Tuition Assistance.
• 401K.
  
  

The anticipated pay range for candidates who will work in California is $160K to $180K annually. The offered pay to a successful candidate will be dependent on several factors that may include but are not limited to years of experience within the job, years of experience within the required industry, education, etc.

We are seeking an experienced and strategic VP of Revenue Cycle Management to lead our revenue cycle operations in our skilled nursing facilities. This role is vital to optimizing financial performance, enhancing cash flow, and ensuring compliance with all regulatory requirements. The ideal candidate will possess a deep understanding of healthcare revenue cycle processes, payer contracting, and financial management within the skilled nursing environment.

Key Responsibilities

• Develop and implement RCM strategies that align with the company’s financial goals and operational objectives. Lead and manage all aspects of revenue cycle management to ensure timely and accurate billing, collections, and dispute resolution.
• Analyze and optimize revenue cycle processes to enhance efficiency, reduce denials, and accelerate cash flow. Collaborate with operational teams to identify areas for improvement and implement best practices.
• Ensure compliance with federal and state regulations, as well as internal policies and procedures related to billing and collections. Monitor industry trends and changes in billing practices to mitigate risk and enforce compliance.
• Prepare and present revenue cycle performance reports to executive leadership, highlighting key metrics, insights, and recommendations for improvement. Oversee budgeting and forecasting processes related to revenue cycle operations.
• Recruit, mentor, and lead a high-performing revenue cycle management team. Provide ongoing training and professional development opportunities to ensure staff is informed about best practices and regulatory requirements.
• Collaborate with cross-functional teams, including clinical, operations, and finance, to foster a culture of collaboration and accountability around revenue cycle performance. Build and maintain relationships with payers and external partners to optimize contract negotiations.
• Leverage technology solutions and analytics to enhance the efficiency of revenue cycle processes and improve decision-making. Stay current on trends and advancements in RCM technology and tools.
  
  

Qualifications

• Bachelor’s degree in Finance, Business Administration, Health Administration, or a related field
• A minimum of 10 years of experience in revenue cycle management within the healthcare industry, with specific experience in skilled nursing or long-term care.
• Proven track record of developing and implementing successful revenue cycle strategies that significantly improve financial outcomes.
• Strong understanding of healthcare reimbursement methodologies, coding, billing, and regulatory requirements affecting skilled nursing facilities.
• Exceptional leadership, communication, and interpersonal skills, with the ability to influence and collaborate across various levels of the organization.
• Proficient in analyzing complex data sets to drive decision-making and improve operational performance.
• Strong problem-solving skills and the ability to work independently in a fast-paced environment.
  
  

Submit your application and join our award-winning team!

We are an equal opportunity employer and we are committed to Equal Employment Opportunity regardless of race, color, national origin, gender, sexual orientation, age, religion, veteran status, disability, history of disability or perceived disability, and per the Fair Chance Ordinance will consider qualified applications with criminal histories in a manner consistent with the ordinance.

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