Vice President of Revenue Cycle & Managed Care

Adventist HealthCare; Gaithersburg (MD); On-site; USD 249,144 - 373,717; Full time

Benefits offered by this job

Work-life balance through non-rotating shifts

Medical, prescription, dental, and vision coverage

Paid time off

Tuition reimbursement

Employee assistance program

Job summary

Adventist HealthCare is seeking a Vice President of Revenue Cycle in Gaithersburg, Maryland. This executive role focuses on enhancing the financial stability of the Health System. Key responsibilities include developing strategies for the ambulatory revenue cycle, overseeing billing and collections, and mentoring a professional team. Candidates must have over 10 years of experience in healthcare revenue cycle functions and leadership experience. The position offers a competitive salary within a wide range and several benefits, including comprehensive medical coverage.

Qualifications

• 10+ years of healthcare revenue cycle experience across multiple functions.
• 5+ years of leadership experience in revenue cycle functions.
• Ability to analyze complex financial data.

Responsibilities

• Develop strategies to optimize the ambulatory revenue cycle.
• Oversee billing, coding, collections, and reimbursement processes.
• Monitor KPIs and implement improvements.

Skills

Excellent communication and negotiation skills

Revenue cycle best practices

Reimbursement methodologies knowledge

Financial acumen

Organizational skills

Customer-focused

Education

Bachelor’s degree in healthcare administration or business administration

Master’s degree preferred

Job description

Overview

Adventist HealthCare seeks an experienced Vice President of Revenue Cycle to support our mission of extending God’s care through physical, mental, and spiritual healing. The role reports to the Senior Vice President and Chief Financial Officer and focuses on ensuring the success and financial stability of the Health System by overseeing the entire ambulatory revenue cycle.

Responsibilities

• Develop and implement strategies to optimize the end‑to‑end revenue cycle for ambulatory services.
• Oversee billing, coding, collections, and reimbursement processes to ensure accuracy and efficiency.
• Monitor key performance indicators (KPIs) and implement improvements to enhance financial performance.
• Collaborate with clinical and administrative staff to streamline workflows and reduce denials and write‑offs.
• Lead and mentor a team of revenue cycle and managed care professionals.
• Foster a culture of continuous improvement, accountability, and collaboration.
• Provide regular training and development opportunities for team members.
• Ensure compliance with all federal, state, and local regulations related to revenue cycle and managed care.
• Develop and implement policies and procedures to mitigate risk and ensure ethical billing practices.
• Stay current with industry trends, regulations, and best practices.
• Prepare and present regular reports on revenue cycle performance.
• Conduct financial analysis to identify trends, opportunities, and areas for improvement.
• Develop and manage the department budget, ensuring alignment with organizational goals.

Qualifications

• Excellent communication and negotiation skills, both written and verbal.
• Strong knowledge of revenue cycle best practices.
• In‑depth knowledge of reimbursement methodologies, insurance regulations, and industry trends.
• Strong financial acumen and ability to analyze complex financial data and make data‑driven decisions.
• Strong organizational skills with the ability to prioritize and manage multiple projects simultaneously.
• Customer‑ and relationship‑focused, results oriented.
• Bachelor’s degree in healthcare administration, business administration, or a related field; Master’s degree preferred.
• Extensive experience (10+ years) in healthcare revenue cycle covering multiple functions within revenue cycle, with particular knowledge of ambulatory services.
• 5+ years of leadership experience overseeing revenue cycle functions.

Work Schedule & Compensation

Executive Position.
Pay Range: $249,144.83 – $373,717.24.
The position is classified as United States of America (Exempt) under the Fair Labor Standards Act (FLSA).

Benefits

• Work‑life balance through non‑rotating shifts.
• Recognition and rewards for professional expertise.
• Free employee parking.
• Medical, prescription, dental, and vision coverage for employees and eligible dependents effective on date of hire.
• Employer‑paid short‑ and long‑term disability, basic life insurance, and accelerated death benefit; short‑term disability buy‑up available.
• Paid time off.
• Employer retirement contribution and match after 1 year of eligible employment with a 3‑year vesting period.
• Voluntary benefits: flexible spending accounts, legal plans, and various personal‑insurance options.
• Subsidized childcare at participating centers.
• Tuition reimbursement.
• Employee assistance program (EAP) support.

COVID‑19 Vaccination

Adventist HealthCare strongly recommends all applicants to be fully vaccinated for COVID‑19 before commencing employment. Applicants may be required to furnish proof of vaccination.

Tobacco and Drug Statement

Adventist HealthCare will not hire applicants who are nicotine users or who test positive for nicotine and drug use. Positive drug‑test results for nicotine and marijuana will result in withdrawal of any offers. Applicants who test positive are given the opportunity to reapply in 90 days after demonstrating no nicotine use in the preceding 90 days and passing follow‑up testing.

Equal Employment Opportunity

Adventist HealthCare is an Equal Opportunity/Affirmative Action Employer. The organization is committed to fostering an inclusive environment and does not discriminate on the basis of race, ethnicity, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, pregnancy, related medical conditions, veteran status, or any characteristic protected by law. Reasonable accommodations are provided for disabilities and religious beliefs in accordance with applicable law.

Applicants who wish to request accommodations for disabilities or religious belief should contact the Support Center HR Office.