Revenue Cycle Director

Description

Job Summary:

The Revenue Cycle Director oversees and leads each component in the revenue cycle. This includes Patient Access, HIMS/Coding and Patient Financial Services. 

· Provides an experience and environment of patient- and family-centered care. 

· Interprets impact of broad scope organizational change for staff and develops change strategies for successful implementation. 

· Incorporates the organizations vision, missions and values in goals and programs within Revenue Cycle. 

· Develops and manages operational initiatives with measurable outcomes. 

· Formulates objectives, goals, and strategies collaboratively with other stakeholders.

· Prepares and delivers reports to operational leadership outlining progress toward meeting annual goals and objectives, to include performance related to finance, quality and safety.

· Actively seeks opportunities to improve financial outcomes, engaging staff in the process.

· Establishes annual financial goals and actively uses benchmarking to high performing systems in similar area of expertise to set annual targets. 

· Monitors and analyzes financial data and utilizes for decisions regarding FTE’s, staffing and operational budget. 

· Establishes an annual operating and capital budget, demonstrating fiscal responsibility through meeting budget targets.

· Creates business plan(s), justifying variances and analyzing cost benefit of programs. 

· Directs and provides guidance to managers to effectively allocate resources based on patient volume, space availability, budget constraints, and program priorities, goals and objectives.

· Contribute to the success of the organization by providing leadership, direction and coordination of operations, finances, and human resources for area of responsibility.

· Continually assesses all services, identifies problems, utilizes data to analyze and propose innovative approaches for solutions.

· Engages staff and other stakeholders in continuous improvement of systems and processes; manages resources for staff participation in improvement work activities. 

· Ensures effective facilitation of improvement teams and development of leadership skills to ensure overall effectiveness of the meetings. 

· Organizes and prioritizes time and resources to manage efficiency. Appropriately delegates. 

· Remains current of new trends and best practices and incorporates into Revenue Cycle practices and programs. 

· Holds self and others accountable to policy, standards and commitments and provides timely follow through on questions and concerns. 

Requirements

• Bachelor's degree required. Master's degree preferred.
• Minimum of 5 years experience in healthcare management. Preferred 10 years of experience in healthcare management.

Skills Required:

• Excellent communication and interpersonal skills to include the ability to negotiate and resolve conflicts and build teams.
• Ability to operate in high-pressure situations. 
• Ability to work collaboratively across organizations entities and disciplines. 
• Effective organizational, planning and project management abilities.
• Ability to function independently and deal with multiple, simultaneous projects.
• Effective leadership abilities.
• Knowledge of general accounting principles 
• Knowledge of medical terminology 
• Knowledge and understanding of state and federal rules and regulations including laws regarding confidentiality, compliance, release of information, probate and lien legislation, Fair Debt Collection practices, and insurance regulations.