Vice President Of Revenue Cycle Management

Envision Radiology is looking for a Vice President of Revenue Cycle Management to join our team!
Position Pay Range $143,200 - $179,000. Opportunity for additional, discretionary bonus available. | Monday - Friday 8:00AM - 5:00PM. | Position will be required to be in-office, Colorado Springs, CO.

Summary/Objective:

The VP - Revenue Cycle Management is tasked with leading the Envision Revenue Cycle operations, ensuring optimal revenue integrity, managing payer relations, and overseeing the integration and efficiency of Revenue systems. This role involves strategic oversight of billing, claims management, and the utilization of advanced technologies, including AI, to enhance revenue collection processes. By focusing on contract negotiations, credentialing, and maintaining robust payer relationships, this role aims to maximize reimbursement and streamline financial operations, contributing to the organization's overall financial health and operational efficiency.

Essential Functions

1. Leads and manages core Revenue Cycle operations to promote efficiency while decreasing the overall cost to collect.
2. Directs the enhancement and integration of Revenue systems, including billing software, clearinghouses, and AI technologies, to optimize Revenue Cycle efficiency.
3. Manages the revenue integrity function, ensuring accurate charge capture, coding practices, and resolution of payment variances to secure maximum reimbursement.
4. Leads strategic payer relations, including contracting, credentialing processes, and establishing strong payer partnerships to improve reimbursement rates and minimize denials.
5. Develop and maintain strong relationships with Joint Venture partners, aiming to implement effective managed care strategies and secure accurate contractual payments.
6. Analyzes historical data, market trends, and payer reimbursement patterns to project future revenue, enabling strategic planning and decision-making to enhance fiscal stability and growth.
7. Conducts comprehensive financial analysis and reporting, providing actionable insights for revenue optimization and cost reduction strategies.
8. Champions the use of data analytics to identify trends and opportunities within the Revenue Cycle, implementing process improvements for sustained financial performance.
9. Oversees the development and enforcement of policies and procedures that comply with healthcare regulations, ensuring a robust compliance and risk management framework.
10. Facilitates cross-functional collaboration among departments to align efforts and achieve Revenue Cycle goals effectively.
11. Promotes a culture of continuous improvement and innovation within the Revenue Cycle operations to adapt to changing healthcare landscapes.
12. Ensures the Revenue Cycle operations support an outstanding patient experience, throughout the entire patient financial care continuum.
13. Guides and mentors Revenue Cycle team members, fostering a collaborative environment that attracts and retains top talent.
14. Other duties as assigned

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies

1. Leadership
2. Ethical Conduct
3. Technical Capacity
4. Financial Management
5. Customer/Client Focused
6. Decision Making
7. Project Management
8. Collaboration Proficiency

Supervisory Responsibilities

This position provides daily leadership and operational support. This position is also responsible for assisting with performance management and hiring of employees within the department.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to use hands and fingers to handle, feel or operate objects, tools or controls, and reach with hands and arms. The employee is frequently required to talk and hear.

Travel

Some travel is expected for this position.

Job Qualifications

Minimum Qualifications/Experience:

• Minimum seven years’ experience in Healthcare Revenue Cycle Management or Healthcare Payer Relations.
• Detail oriented, self-motivated, a problem solver and a team player
• Ability to excel in a fast-paced team environment
• Ability to continuously “exceed” company and customer expectation
• Strong communication skills & professional demeanor

Education/Certifications:

• Bachelor’s degree in Healthcare Management, Business Administration, or equivalent education, training, and experience.
• Master’s degree preferred

Additional Eligibility Qualifications

None required for this position.

Compliance

Adheres to Envision’s Code of Conduct and Compliance Policies and attends annual Compliance training as set forth by the Company.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Other duties may be assigned as needed by supervision.

Company Benefits

Below is a list of benefits that are offered to employees, once eligibility is met.

• Health Benefits: Medical/Dental/Vision/Life Insurance
• Company Matched 401k Plan
• Employee Stock Ownership Plan
• Paid Time Off + Paid Holidays
• Employee Assistance Program

OSHA Exposure Rating: 1

It is reasonably anticipated NO employees in this job classification will have occupational exposure to blood and other potentially infectious body fluids.

Envision Radiology is an equal opportunity employer (M/F/D/V). We recruit, employ, train, compensate and promote without regard to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, disability, veteran status, or any other basis protected by application federal, state or local law.

Application Deadline - 3/20/2024