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)
An exciting new opportunity has just become available at an award winning critical access hospital situated in the western part of Washington for a Hospital Revenue Cycle Director. Come join this dedicated team of healthcare professionals today!
The Hospital Revenue Cycle Director will be part of an organization that consistently demonstrates a drive for quality care and safety. Recognized for quality patient care, this critical access hospital has state of the art equipment and offers a full range of services and specialities.
In a collaborative effort with Directors, Managers, and Support staff, the Hospital Revenue Cycle Director will actively engage in reviewing, designing, and implementing comprehensive processes encompassing various aspects of patient financial management, including patient access, pricing strategies, billing procedures, collections methodologies, and other pertinent financial analyses. Tasked with reporting directly to the Chief Financial Officer (CFO), the Hospital Revenue Cycle Director will assume a pivotal role in overseeing the operations of the Patient Access / Registration Department, Revenue Cycle Operations, and the Collections Office.
Additionally, the Hospital Revenue Cycle Director will play a pivotal role in designing, planning, and executing strategies to optimize revenue cycle functions across the enterprise. This involves overseeing the implementation of efficient operational procedures while ensuring alignment with the organization's overarching financial goals. Upholding strict regulatory compliance and legal standards will be paramount, all while prioritizing the delivery of exceptional customer service to patients. As the orchestrator of financial operations within the healthcare system, the Hospital Revenue Cycle Director harmonizes efforts across departments to enhance revenue generation, maintain regulatory adherence, and elevate the overall patient experience. By spearheading initiatives to maximize efficiency and revenue capture while upholding the highest standards of service and compliance, the Director plays a crucial role in ensuring the financial health and success of the organization.
Offering a picturesque setting surrounded by the stunning landscapes on the Pacific Northwest, the Hospital Revenue Cycle Director won’t have a hard time calling this home. With various community events, festivals, affordable living, great education, outdoor activities, and friendly atmosphere, the Hospital Revenue Cycle Director will have a lot to enjoy outside of the hospital as well.
The Revenue Cycle Director will be offered a comprehensive benefits package along with a competitive salary. This organization provides great career growth opportunities and is dedicated to supporting the professional growth of their associates. Apply today, and join a connected community dedicated to providing quality care in this charming city.
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