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)
JOB SUMMARY: The Director of Revenue Cycle will set the vision and strategy in support of critical revenue cycle initiatives and goals for all business lines including but not limited to Orthopaedics, Hospital, Pain Center, and Ambulatory Surgical Center. The incumbent will lead and manage complex revenue cycle projects – drive performance and provide overall direction and oversight of the functional areas that support the organization’s financial and operational goals. Ensures compliance with CMS regulations, OSS policies and standards for third party payors. Fosters and promotes a culture of excellence in customer service to internal and external clients.
QUALIFICATIONS AND EDUCATION:
Education:
Qualifications:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
· Works collaboratively with all departments to ensure operational functions are aligned with strategic goals of the organization
· Builds trust and partnership amongst the team by enhancing engagement, addressing performance results and providing coaching and mentoring.
SUPERVISORY RESPONSIBILITIES:
Directly supervises Patient Financial Services Manager, Patient Financial Advocate Coordinator and Revenue Integrity Specialist.
· Functions as a coach & mentor to the staff for whom this position is responsible.
LANGUAGE SKILLS:
Ability to communicate effectively with staff, peers, physicians and the public. Ability to speak and understand English fluently.
PHYSICAL DEMANDS:
Light physical effort; some standing, walking, bending, reaching, stooping; manual dexterity to operate keyboard and other equipment; detail oriented; able to maintain a pleasant and courteous demeanor under all circumstances.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT:
Climate controlled environment with occasional periods of being outside.
The above statements reflect the general duties considered necessary to describe the principle functions of the job as identified, and shall not be considered as a detailed description of all work requirements that may be inherent in the position.
0 Revenue Cycle Director jobs found in York, PA area