The Bone and Joint Center is seeking a professional, detail oriented, candidate to join our leadership team as Director of Revenue Cycle.
The Director of Revenue Cycle provides leadership and direction for the Practice to optimize revenue cycle management operations, maximizing revenue and improving financial health while ensuring compliance. This involves developing and implementing strategies, leading cross-functional teams, optimizing processes from patient registration to collections, and ensuring the organization adheres to all relevant regulations. This position is also responsible for analyzing performance metrics and collaborating with Senior Leadership to achieve financial goals.
Responsibilities include:
- Regular and dependable on-site attendance. This is NOT a remote or hybrid position.
- Executes the organization's overall revenue cycle strategy to align with its financial objectives and operational processes.
- Collaborates with senior leaders, clinical operations, and ownership to align billing strategies with broader business objectives.
- Drives continuous improvement, provides performance feedback, and achieves strategic goals.
- Manages day-to-day Billing Office and operations to ensure accuracy and efficiency in processes like patient registration, billing, charge capture, coding, claims submission, denial management, collections, and resolution of payment variances to secure maximum reimbursement.
- Supervise managers and team leaders to create impactful operational strategies. Solve complex problems and cultivate meaningful relationships.
- Provides ongoing support and training to staff to meet the expectations established for high quality patient service, payer relations, billing and regulatory compliance, and other established guidelines.
- Optimize operational efficiency and effectiveness by analyzing policy processes and metrics, develop operational strategies, and offer guidance to help improve productivity and business performance.
- Analyze challenges and develop operational solutions.
- Motivate and inspire teams to deliver quality results through coaching and developing team members' unique strengths.
- Maximizes revenue by optimizing collections, reducing inefficiencies and gaps, and implementing cost-saving initiatives. Tracks and reports monthly AR KPI’s.
- Ensures strict adherence to State, Federal and Payer regulations, industry standards and company policies to mitigate penalties and legal risks.
- Stays informed about industry trends and regulatory changes affecting billing and reimbursement.
- Analyzes revenue cycle processes and performance metrics to identify areas of improvement including payer reimbursement and claim denial patterns.
- Leads the development and implementation of revenue specific policies, procedures, and programs and monitors adherence to system-wide policies/standardizations.
Education/Experience:
- Bachelor’s degree in Healthcare Administration, Business, or related field.
- Six (6) or more years of senior-level revenue cycle management experience in a physician medical group.
- Demonstrated competence in all areas of revenue cycle operations, including clinic business office and billing and collections in the healthcare industry.
- Exceptional attention to detail, thoroughness, and accuracy.
- Strong verbal and written communication skills.
Our practice is team oriented, fast paced and dynamic. We offer the best in Orthopaedic care and are recognized as a trusted leader in providing quality patient care. We offer an excellent benefit package including medical, dental, vision, disability and Life insurance, a 401k and profit-sharing plan and generous paid time off.
All qualified candidates are welcome to apply!
Job Type: Full-time
Pay: $110,000.00 - $140,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
