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Director of Revenue

Omega Hospital
Metairie, LA Full Time
POSTED ON 1/7/2025 CLOSED ON 3/6/2025

What are the responsibilities and job description for the Director of Revenue position at Omega Hospital?

 

Position Duties:

The position requires the following primary duties to be successful:

  • Managing the multiple components of the revenue cycle include pre-authorization, eligibility and benefits verification, claims submission, payments and payment posting, claims denial management, reporting, and any other functions which involve patient revenue management.
  • Supervising the Coding and Charges Department in various duties, such as medical documentation review, proper CPT and ICD-10 documentation and entry, timely entry of all charges, and performing of quality control audits
  • Implementing and managing a system to ensure that accurate billing information is entered into the billing system
  • Setting and meeting collections goals by department and for the organization overall by managing the collection processes for individual patients, attorneys, and insurance companies.
  • Managing staff performance by providing regular feedback, performance reviews, and one-on-one meetings
  • Overseeing the hiring and training of staff
  • Attendees monthly and/or quarterly AAPC seminars to assure all coding is aligned with the industry standard and changes
  • Planning and structuring the department workflow and staffing
  • Correctly coding diagnoses and procedures
  • Ensuring proper timely filing of all claims by implementing a timely standard of charge entry
  • Annually reviewing and updating of charge master
  • Negotiating contracts with insurance companies
  • Collaborates professionally with clinical staff and all other departments to maintain unity and successful resolve outstanding request
  • Keeping updated records and tracking reports as required by management
  • Insuring proper filing of liens
  • Other duties as requested of the Director of Revenue that are consistent with and appropriate for this position title and role.

Position Metrics:

The execution of the position is quantifiably measured by the following:

  • Establishing, managing, and meeting department goals
  • Maintains quality control standards for the department through documented quality control audits
  • Supports the successful attainment of the global revenue goal

Position Requirements:

  • Preferred Education Level: Master’s degree in Finance, Accounting, Healthcare Administration, or a related field.
  • Revenue cycle certification preferred.
  • Minimum of 5-7 years of experience in revenue cycle management, preferably in a multi-specialty medical clinic or similar setting.
  • Proven experience in a leadership role managing a revenue cycle team, as well as direct operational experience in all phases of medical revenue cycle
  • MS Office & Excel experience
  • Experience with EHR and PM software, specifically NextGen platform preferred.
  • Preferred: Ability to multi-task under time pressure. Strong communication and leadership skills
  • Be team oriented and able to work with various departments. Be able to make sound decisions while on the move in a fast-paced organization.

Position Miscellaneous:

  • 40 hours per week; extended work hours from time to time to meet deadlines
  • Setting goals, meeting deadlines and being compliant with departmental policies
  • Ability to interact, engage and communicate effectively with executive management, managers and clinic employees
  • Physical Demands: frequent sitting; limited lifting up to 10-15 pounds; frequent manipulation of documents; frequent typing or use of keyboard
 

     

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