What are the responsibilities and job description for the Executive Director of Revenue Cycle position at confidential?
Executive Director of Revenue Cycle
About the Opportunity
Confidential medical institution seeks an Executive Director of Revenue Cycle to lead and optimize patient financial services operations.
The successful candidate will be responsible for achieving and maintaining the revenue cycle's key performance indicators, essential for the organization's overall financial performance.
This role involves overseeing patient financial services and single billing office teams, as well as revenue cycle support services. The Executive Director will be a strategic and collaborative leader with a focus on patient experience.
Applicants should have a Bachelor's degree in business or a related field, with an advanced degree preferred, and at least 10 years of prior management experience, including five years in revenue cycle operations.
A deep knowledge of hospital and financial operations is essential, particularly in federal and state reimbursement requirements and current insurance industry standards.
Leadership and customer service skills are required, along with the ability to handle multiple priorities and deadlines.
Experience in academic healthcare systems is a plus. The Executive Director will lead process improvement projects, manage vendor relationships, and ensure staff compliance with relevant laws and regulations.
Key Responsibilities:
- Lead and optimize patient financial services operations
- Oversee patient financial services and single billing office teams
- Manage revenue cycle support services
- Develop and implement strategic plans to achieve revenue cycle goals
- Collaborate with cross-functional teams to enhance patient experience
Salary : $120,000 - $180,000
