Manager Revenue Cycle

Socket.dev; Dallas (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Healthcare

PTO

Paid holidays

On-site childcare

Merit increases

Job summary

UT Southwestern Medical Center in Dallas seeks a senior leader to direct the Department's revenue cycle operations, budgeting, and financial planning. You will oversee billing, collections, audits, and KPI reporting, while coordinating with the Health System to optimize revenue and financial performance.

The role requires extensive experience in academic medical centers or hospitals, plus EPIC EMR proficiency and strong leadership skills to guide a team of supervisors and staff toward continuous

Qualifications

• Bachelor's degree in a related field is required.
• 8+ years of management experience in a academic medical center or hospital setting.
• Strong knowledge of revenue cycle concepts and financial reporting.

Responsibilities

• Plan, direct, and coordinate the financial revenue cycle operations for the department.
• Oversee budgeting, financial planning, and departmental reporting to leadership.
• Lead system/process improvement projects and ensure KPI achievement.
• Manage billing, denials, audits, and cash forecasting with accuracy.

Skills

Leadership

Revenue cycle management

EPIC EMR experience

Budgeting

Financial reporting

Education

Bachelor's Degree in Business Administration, Health Care Administration, or related field

Tools

EPIC EMR

Job description

With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report, we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career!

JOB SUMMARY

• Direction and oversight of the revenue cycle teams in the department.
• Monthly reporting of the department's revenue cycle KPIs.
• Plan and implement system and process improvement projects that are sponsored by the Department and the Health System.
• Oversee and participate in periodic charges and collections reviews, denials management, and annual audits with internal and/or external auditors.
• Active participation in budgeting, financial planning, and projections of clinical income and expenses.
• Act as a primary liaison between Department and Health System.
• Lead and manage five direct reports (three supervisors and two individual performers) and thirty-one total.
• EPIC EMR System experience strongly preferred.

BENEFITS

UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100%25 coverage for preventive healthcare-no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer
• Learn more about these and other UTSW employee benefits!

EXPERIENCE AND EDUCATION

Required

• Education
  Bachelor's Degree in Business Administration, Health Care Administration, or other related field.

• Experience
  8 years of management level experience in academic medical center or hospital environment or other relevant leadership experience.

JOB DUTIES

• Plans, organizes, directs, and coordinates financial revenue cycle operation of the Department, including financial planning, budgeting, billing and accounting functions. Oversees establishment of Department accounting procedures as it relates to the clinical practice revenue cycle.
• Develops revenue cycle projections of Department clinical income and expenses, assists with preparing yearly budgets for Department and provides regular financial report to Chairman regarding Department's clinical financial status.
• Oversees and participate in quarterly financial reviews and annual audits with internal and/or external auditors.
• Serves as the primary point of contact within the Finance structure of the department for evaluating all revenue functions and services. Coordinates processes for reviewing, analyzing, and establishing fee schedules for Department and related Divisions. Assists Chairman with establishment of Department incentive system and ensure effective maintenance.
• Provides ongoing analysis as needed to Department Chair and other members of the upper management team.
• Serves as key participant in system and process improvement projects that are sponsored by the Department.
• Reviews revenue calculations for accuracy and completeness. Reviews the Department's account reconciliations and other supporting information submitted to ensure compliance and accuracy.
• Provides ongoing revenue accounting oversight to the Department and the Finance and Accounting arm of the Medical Center and Clinics.
• Assists in the preparation of monthly management reports providing key revenue and operational metrics and analysis to the Chairman and executive managers.
• Assists with cash management projections and forecasting activities.
• Assists in optimizing financial systems and processes resulting in more efficient financial processes and controls to ensure the highest level of data integrity and accuracy.
• Interprets policies and regulations concerning department's financial activities, including university policies and procedures and Federal and State agency guidelines.
• Directs and develops written justification to support budget proposals, expenditure items, and financial policy matters.
• Directs, manages, and supervises department's billing office. Develops and modifies patient billing procedures to allow optimum income generation. Assists in negotiation and establishment of contractual arrangements for professional services. Serves as a primary liaison between Department and MSRDP. Serves as a departmental representative on appropriate committees and meetings.
• Ensures compliance with applicable laws, regulations, policies, and procedures.
• Performs other duties as assigned.

SECURITY AND EEO STATEMENT

Security

This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information.

EEO

UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.