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)
Lympha Press is hiring a Director for Revenue Cycle Management as a full-time job in Glen Mills, PA.
As the Director of Revenue Cycle Management, you will build and lead a team that manages the commercial, federal, and other contracted payers; and the authorization, approval, billing, audit and payment processes related to them. Your primary responsibility will be the organization, development, and execution of a team of professionals that contributes to the organization's operational success.
Lympha Press is an industry-leading and award-winning organization specializing in home compression therapy products.
Key Responsibilities:
Evaluation of organization's market access and communicate the business market needs to the Business Development team
Create procedures and policies that drive efficiency and communication between the teams you manage and the rest of the organization
Oversee and manage the staff that performs payer audits and reviews
Manage the ALJ Hearing Process for Medicare RAC and Prepayment Audits
Evaluate the reimbursement opportunity for additional lines of business that could complement current business lines
Job Qualifications:
5 years of DME/Medical Reimbursement experience
Experience building and leading a team of remote and in-office employees
Experience contributing to long and short-term strategy of a fast-growth organization
For over 40 years, Lympha Press has produced the most well-regarded dynamic compression therapy systems and helped patients all over the world with lymphedema, venous insufficiency, and lipedema manage their condition and improve their quality of life. We are always looking for hard-working, honest people who are motivated to succeed and willing to learn. Lympha Press is honored to be a certified Great Place to Work and recognized as a top employer by Philly Top Workplaces and Fortune Magazine.
If you are interested in learning more about a career with Lympha Press as a Director of Reimbursement Cycle Management, apply today!
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