Beachside Healthcare Recruiting provided pay range
This range is provided by Beachside Healthcare Recruiting. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$180,000.00/yr - $235,000.00/yr
Direct message the job poster from Beachside Healthcare Recruiting
Managing Partner at Beachside Healthcare Recruiting
MUST HAVE PHYSICIAN REVENUE CYCLE LEADERSHIP EXPERIENCE WITH ANNUAL REVENUE OF 500M+
Job Summary:
- We are seeking a dynamic and experienced Vice President (VP) of Revenue Cycle to oversee and drive the efficiency and effectiveness of the full revenue cycle for a large-scale client organization. This leadership role will be responsible for managing both front-end and back-end revenue cycle operations, ensuring timely and accurate billing, collections, and overall financial health. The ideal candidate will possess a strategic vision, strong leadership skills, and deep expertise in revenue cycle management across a complex and large-scale organization.
Essential Functions and Tasks:
Strategic Leadership:
- Lead the development and execution of strategies to optimize the revenue cycle, focusing on maximizing collections, reducing denials and accelerating cash collections.
- Oversee both front-end (data-entry to billing) and back-end (coding, billing, collections, denials management, and accounts receivable) operations.
- Collaborate closely with senior leadership, to ensure alignment with broader organizational goals.
- Establish and monitor key performance indicators (KPIs) to assess the effectiveness of revenue cycle operations and implement corrective actions as necessary.
Revenue Cycle Operations:
- Ensure timely and accurate claims submission.
- Supervise and continuously improve the processes for follow-up, payment posting, and denials management.
- Ensure adherence to policies and procedures to comply with federal, state, and payer regulations (e.g., HIPAA, CMS, payer contracts).
- Identify opportunities for incorporating technology and process automation to improve outcomes and turnaround times.
Team Leadership and Development:
- Manage and mentor a diverse team of revenue cycle professionals, ensuring high levels of engagement, performance, and retention.
- Provide ongoing training and development opportunities to foster continuous improvement in skill sets and processes across both front and back-office operations.
- Establish clear communication channels within the revenue cycle team and with other departments to ensure cohesive operations.
Performance and Reporting:
- Drive the management of accounts receivable (AR) aging, ensuring timely collections and resolution of any outstanding balances.
- Regularly report to executive leadership on revenue cycle performance, trends, and opportunities for process improvements.
- Implement data analytics to identify opportunities for reducing days in accounts receivable (AR) and improving cash flow.
Education and Experience Requirements:
- Bachelor's degree required
- A minimum of 10 years of progressive experience in revenue cycle management, with at least 5 years in a global leadership capacity
- In-depth knowledge of healthcare revenue cycle management, including front-end and back-end processes, coding, billing, compliance, and payer contract management.
Knowledge, Skills, and Abilities:
- Proven experience with large-scale physician revenue cycle operations – 500m+ in revenue
- Strong understanding of regulatory requirements (e.g., HIPAA, CMS, payer regulations) and industry best practices.
- Demonstrated success in improving revenue cycle performance, reducing AR days, and optimizing cash flow.
- Excellent leadership, communication, and interpersonal skills, with the ability to lead, collaborate, and influence at all levels of the organization.
- Ability to drive change management and foster a culture of continuous improvement.
Preferred Qualifications:
- Certification in Revenue Cycle Management (e.g., CHFP, CRCR).
- Experience in a large, complex healthcare system or multi-facility organization.
Seniority level
Employment type
Job function
Job function
Health Care ProviderIndustries
Hospitals and Health Care
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