Vice President – Revenue Cycle

Vice President – Revenue Cycle

Requirements

• Bachelor’s degree in Business, Finance, or related field required; Master’s degree preferred
• Five years or more in handling revenue cycles, re-engineering workflow design, and AR deficiency management
• 10+ years of exposure in a finance and/or billing and collection environment
• Knowledge of wide-scale revenue cycle process improvements with quantified results
• Experience with improving service level agreements and rectifying system issues

Responsibilities

• Ensures compliance with PharMerica, BrightSpring, Federal, State and local laws and regulations regarding billing and collection events
• Recruits, hires, and trains staff; Evaluates staff performance as well as recommends or initiates promotions, transfers and disciplinary actions
• Monitors progress of assigned staff by incorporating professional development, training plans, and providing effective coaching
• Reviews collection reports in order to determine and evaluate the effectiveness of current policies in place
• Recommends and creates overall financial policies and programs to administer the financial or business aspect of patient services
• Provides analysis to CEO/CFO on current and projected condition of cash flow, accounts receivable, required reserves, and other transactions or events
• Works with General Council and the Chief Compliance Officer to certify compliance with government program regulations for coding and billing services
• Facilitates all communication between the business office centers and operational leaders
• Establishes quality assurance practices to ensure department activity meets quality standards
• Maintains annual departmental budgets and revenue cycle enhancements
• Creates and implements all department policy and procedures
• Assists in the monthly revenue close procedures

Preferred Qualifications

• Master’s degree preferred