What are the responsibilities and job description for the Director of Revenue Cycle Management position at Sherpa | Recruiting, Staffing & Consulting?
Compensation: $90k
Job Overview – Director Of Revenue Cycle Management – 33412
The Director of Revenue Cycle will oversee all facets of the revenue cycle process, ensuring operations are efficient, compliant, and aligned with organizational goals. This leadership role is pivotal in maximizing revenue, enhancing financial performance, and fostering collaboration across clinical and administrative teams. The Director will develop and implement policies, streamline workflows, and lead a dedicated team to improve patient satisfaction and optimize revenue capture.
To excel in this role, you should possess:
Workplace Policy:
Seniority Level: Mid-Senior Level
Linked In Poster:
About Our Process
Job Overview – Director Of Revenue Cycle Management – 33412
The Director of Revenue Cycle will oversee all facets of the revenue cycle process, ensuring operations are efficient, compliant, and aligned with organizational goals. This leadership role is pivotal in maximizing revenue, enhancing financial performance, and fostering collaboration across clinical and administrative teams. The Director will develop and implement policies, streamline workflows, and lead a dedicated team to improve patient satisfaction and optimize revenue capture.
- Lead and Manage Teams: Supervise the revenue cycle team, including billing, collections, authorizations, and accounts receivable, while effectively supporting external stakeholders.
- Build Strategic Relationships: Cultivate partnerships with Managed Care Organizations (MCOs) and private insurance payors.
- Analyze and Improve Performance: Develop performance metrics for gross revenue, discount rates, and collection efficiency.
- Collaborate Across Functions: Partner with clinical and operational teams to align revenue cycle processes with organizational objectives.
- Optimize Claims and Authorizations: Work closely with the team to address claim denials and ensure timely and accurate processing of authorizations and insurance claims.
- Hire and Retain Talent: Recruit, train, and retain skilled staff to maintain a high-performing revenue cycle team.
- Maximize Revenue: Drive initiatives to maximize payment collection from all sources and accurately forecast cash receipts.
- Evaluate and Enhance Operations: Assess current practices, provide recommendations for improvement, and implement new processes to boost efficiency.
- Ensure Accountability: Maintain robust accounting and internal control systems.
- Promote Patient Respect: Uphold the dignity and respect of patients in all payment-related interactions.
To excel in this role, you should possess:
- A Bachelor’s degree in Finance, Accounting, or a related field.
- At least 5-8 years of experience in revenue cycle management, healthcare billing, or medical coding, with a minimum of 4 years in a leadership role.
- Preferred certifications, such as Certified Revenue Cycle Professional (CRCP), Certified Professional Coder (CPC), or equivalent credentials.
Workplace Policy:
Seniority Level: Mid-Senior Level
Linked In Poster:
About Our Process
- We will notify you if you are selected as a candidate for this role. If not, but you fit our specializations, we'll consider you for future openings, and encourage you to apply for other Sherpa roles you're qualified for/interested in.
- Non-Local Candidates: Please note that you are competing with local candidates who don’t require relocation expenses and can start quickly, so let us know if you have plans to move to the area soon.
- Candidates for all Sherpa opportunities must be authorized to work in the United States.
- Sherpa is an Equal Opportunity Employer.
Salary : $90,000
