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)
POSITION SUMMARY:
Manage and coordinate the overall functions of our centralized Professional Revenue Cycle to ensure timely, legally compliant, and accurate billing while maximizing the cash flow related to the collections of Account Receivable. Develop and maintain the company's policies for charges, payments, appeals and collection practices. Other responsibilities include resolving difficult billing problems; assisting with the preparations of the operating and capital budgets; and maintaining knowledge of third-party payer regulations including Medicaid, Champus, Workers Compensation and non-governmental payers. You will also manage the training, supervision and job evaluations of assigned personnel and recommend merit increases, promotions and disciplinary actions as appropriate.
POSITION EDUCATION/QUALIFICATIONS:
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LINES OF REPSONSIBILITES:
(Chain-of-command)
(VP of Revenue Cycle) 2. (Chief Ambulatory Officer)Clear All
0 Revenue Cycle Director jobs found in Mcallen, TX area