Revenue Cycle Director directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Director tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Director of Revenue Cycle Management, Springville NY
Full Time. Days.
Compensation is based on experience: 70k-100k annually
Benefits: Health Insurance, Retirement Savings Plan, Paid Time Off and more.
The Director of Revenue Cycle Management is responsible for accurate, appropriate and timely recognition of revenue across all service lines including Bertrand Chaffee Hospital, Jennie B. Richmond Nursing Home and Bertrand Chaffee Health Center.
In this role your responsibility will include patient, resident and client billing, patient access, financial clearance, pre-registration and authorization, collections, revenue integrity, charge capture and charge reconciliation, and CDM maintenance.
Responsibilities include planning and organizing key initiatives including revenue management, and maintaining compliance with all regulatory requirements.
You will direct and oversee staff and maintain knowledge of current events and innovations to enhance the revenue cycle.
You will ensure the highest level of customer satisfaction to our customers, both internal and external, and forecasting and operating within the financial budget established for all departments.
This position will also work collaboratively with physicians, nursing staff and health information staff to ensure accuracy and efficiency in coding, clinical documentation, and denials and appeals.
Requirements:
Who We Are:
Bertrand Chaffee Hospital, Jennie B. Richmond Nursing Home and BCH Primary Care is an independent non-profit Community health care hub for the South towns of WNY with our campus in Springville, and new primary care practice in Arcade. We provide Acute, Primary and Long Term Care including Emergency, Medical Surgical, Orthopedic Surgical and Ambulatory Surgical services; Cardiac Care, full service Imaging, Laboratory, and Physical Therapy services. Our Nursing Home caters to both Long Term Care and Rehabilitation needs, and our Primary Care services are in high demand in the community.
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