Director, Accounts Receivable Collections

Kestra Medical Technologies, Inc.; United States; Remote; USD 185,000 - 210,000; Full time

Job summary

An innovative firm is seeking a Director of Accounts Receivable Collections to lead operational and financial strategies in the healthcare revenue cycle. This pivotal role focuses on enhancing team performance, driving improved financial results, and ensuring compliance with regulations. You will collaborate with cross-functional leaders to align business objectives and implement innovative solutions for scalability. If you are passionate about healthcare and possess a strong background in financial management, this opportunity offers a chance to make a significant impact in a dynamic environment dedicated to patient care.

Benefits

Medical Insurance

Dental Insurance

401K with Match

Competitive Salary

Flexible Working Hours

Qualifications

• 10+ years of managerial experience in healthcare revenue cycle management.
• Strong background in financial management and vendor management.

Responsibilities

• Oversee operational, financial, and team development for revenue cycle functions.
• Develop and execute plans to improve cash velocity and collection rates.

Skills

Healthcare Revenue Cycle Management

Financial Management

Vendor Management

Team Leadership

Analytical Decision Making

Education

Bachelor's Degree

Master's Degree

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

The Kestra team has over 400 years of experience in the external and internal cardiac medical device markets.

The company was founded in 2014 by industry leaders inspired by the opportunity to unite modern wearable

technologies with proven device therapies. Kestra’s solutions combine high quality and technical performance

with a wearable design that provides the greatest regard for patient comfort and dignity. Innovating versatile new

ways to deliver care, Kestra is helping patients, and their care teams harmoniously monitor, manage, and protect

life.

The Director of Accounts Receivable Collections is accountable for the direction and leadership of operational,

financial, and team development responsibilities for revenue cycle functions, including 3rd party insurance

collections, patient collections, and vendor management. They provide oversight and strategy for vendor

engagements utilized to support operations. This role establishes objectives, targets, and metrics that are aligned

to Kestra’s strategic goals. Additionally, develops standards, policies, and procedures to promote streamlined and

efficient operational processes. The Director of Accounts Receivable Collections is responsible for driving

improved financial results for the organization. They act as the system owner of the enterprise applications that

capture, transact and report on all accounts receivable functions. They partner with cross-functional leaders to

align overall business objectives, goals, and strategies. Builds, develops, and maintains high performing teams by

bolstering a culture of accountability, inclusion, and execution.

ESSENTIAL DUTIES

• Responsible for maintaining and enhancing a high-performing revenue cycle team(s).
• Provides leadership and direction to insurance and patient collections and vendor personnel.
• Develops and executes plans to drive improved operational and financial results, with measurable
• outcomes focused on cash velocity, DSO and AR aging, bad debt, denial rate, collection rate, and cost-tocollect.
• Designs processes, operating procedures, and metrics for a high-performing, efficient, and effective functional
• group.
• Develops innovative solutions to allow scalability, while mitigating expense.
• Participates with cross-functional stakeholders on Kestra’s Customer Experience Management
• center of excellence.
• Partners cross-functionally with Payer contracting to resolve payer issues timely and efficiently.
• Provides analytical decision making based on data and analytics.
• Provides services per Service Level Agreements/Objectives.
• Promotes a culture of continuous process improvement.
• Ensures regulated compliance processes and procedures are in place and followed.
• Develops and implements training to support both newly hired and tenured team members.
• Provides direction related to operational processes, general policies, service quality and performance
• feedback.
• Hires and train Kestra team members as appropriate, as well as manages hiring needs for 3rd party vendors.
• Develops and executes quality assurance programs for both internal processes (as applicable) and any/all external
• vendor processes.

Adheres to Pledge of Confidentiality

• Information regarding a patient of this company shall not be released to any source outside of this company without the signed permission of the patient. Furthermore, information will only be released internally on a need-to-know basis. All Team Members will not discuss patient cases outside the office or with anyone not employed by this company unless they are directly involved with the patient’s case.

COMPETENCIES

• Passion: Contagious excitement about the company – sense of urgency. Commitment to continuous
• improvement.
• Integrity: Commitment, accountability, and dedication to the highest ethical standards.
• Collaboration/Teamwork: Inclusion of Team Member regardless of geography, position, and product or
• service.
• Action/Results: High energy, decisive planning, timely execution.
• Innovation: Generation of new ideas from original thinking.
• Customer Focus: Exceed customer expectations, quality of products, services, and experience always present
• of mind.
• Emotional Intelligence: Recognizes, understands, manages one’s own emotions and can influence others. A
• critical skill for pressure situations.

Education/Experience Required:

• Minimum of 10 years’ managerial experience in healthcare revenue cycle management
• Strong background in financial management
• Minimum of 3-5 years’ experience in vendor management or outsourcing engagements
• Proficiency in Microsoft Word, Excel, PowerPoint.
• Demonstrated ability to work remotely consistently and successfully and to effectively lead a remote team.

Preferred:

• Master’s degree

WORK ENVIRONMENT

• Extended hours when needed
• Kestra manufactures and provides life-saving products regulated by the Federal Food and Drug Administration and under contract with Medicare. Kestra maintains a drug free workplace and testing is a condition of employment post-offer.

PHYSICAL DEMANDS

• Frequent repetitive motions that may include wrists, hands and/or fingers, such as keyboard and mouse
• usage
• Frequent stationary position, often standing or sitting for prolonged periods of time
• Frequent computer use
• Frequent phone and other business machine use
• Occasional lifting required, up to 25 pounds

TRAVEL

• Occasional travel, domestic and international, may be required, less than 25%

OTHER DUTIES:

This job description is not designed to cover or contain a comprehensive listing of activities, duties or

responsibilities that are required of the Team Member. Duties, responsibilities, and activities may change, or new

ones may be assigned at any time with or without notice.

Kestra offers a very competitive benefit package including Medical, Dental, 401K with Match, etc.

Pay equity is an important part of Kestra’s Culture. Our compensation ranges are guided by national and local salary surveys and take into consideration experience level and internal equity. Each role is benchmarked based on the job description provided If your qualifications and/or experience level are outside of the posted position, we encourage you to apply as we are growing fast and roles that are coming soon may not be posted.

Salary: Annualized at $185,000 - $210, plus bonus. Depending on experience and location.

Kestra Medical Technologies is an equal opportunity employer. Kestra Medical Technologies does not discriminate on the basis of race, color, religion, national origin, veteran status, age, sexual orientation, gender identity and/or expression, marital status, disability, physical or mental status or any other characteristic protected by law.

We are unable to sponsor or take over sponsorship of employment visas at this time. Applicants must be eligible to work for any employer in the U.S.

Kestra manufactures and provides life-saving products regulated by the Federal Food and Drug Administration and under contract with Medicare. Kestra maintains a drug free workplace and testing is a condition of employment.