Director, Revenue Cycle - Home Health Care

Cincinnati Children'sMount Vernon, VA
$100,526 - $130,686Onsite

About The Position

The Director, Revenue Cycle is responsible for optimizing revenue, ensuring complete and accurate physician hospital and/or home health billing and compliant coding, monitoring associated charge capture, developing/expanding programs, effective denial management, and monthly revenue reporting. This role also involves operational management, including proposing, researching, and managing the development, implementation, and assessment of long and short-term operating goals and objectives. The Director will operationalize, implement, and monitor assigned strategic initiatives and drive the execution of assigned strategic plan components. Project management responsibilities include providing leadership for the overall direction, coordination, implementation, execution, control, and completion of specific projects, ensuring consistency with organizational strategy, commitments, and goals. This includes defining project scope, goals, deliverables, resource requirements, budgets, and developing project plans, resource allocation, and timelines. The Director will manage the day-to-day operational aspects of projects and scope, and direct assigned project teams, monitoring project deliverables and reporting progress to stakeholders. Performance management involves directing the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees, workforce planning, succession planning, attracting and retaining top performers, partnering with leadership and Human Resources to develop recruitment packages and onboarding programs, and effective performance management of direct reports. The Director will also mentor and provide learning and development opportunities for direct reports and others in business roles, leverage human resources business partners, and support organizational programs/plans impacting employees, ensuring adherence to HR policies and legal/compliance requirements. Financial management includes overall accountability for the department's financial functions, developing and managing the annual and capital budget, establishing internal controls for cash management, implementing financial controls and audit processes, developing and implementing accounts receivable management, analyzing financial performance, reporting financial results, evaluating variances, and establishing and monitoring productivity metrics. The Director will also oversee billing and receivables across different areas of the hospital.

Requirements

  • Bachelor's degree in a related field
  • 7+ years of work experience in a related job discipline

Responsibilities

  • Optimize revenue, ensure complete and accurate physician hospital and/or home health billing and compliant coding, monitoring associated charge capture; developing/expanding programs; effective denial management; and monthly revenue reporting.
  • Propose, research, and manage the development, implementation and assessment of long and short term operating goals and objectives.
  • Operationalize, implement and monitor assigned strategic initiatives.
  • Drive execution of the assigned strategic plan components.
  • Provide leadership for the overall direction, coordination, implementation, execution, control and completion of specific projects ensuring consistency with organizational strategy, commitments and goals.
  • Define project scope, goals, deliverables and resource requirements.
  • Define and manage the project budget.
  • Develop project plans resource allocation, and timeline.
  • Manage the day-to-day operational aspects of a project and scope.
  • Direct assigned project team ensuring effective utilization of resources.
  • Monitor project deliverables and report on progress of the project to all stakeholders.
  • Direct the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees, workforce planning, succession planning; attracting and retaining top performers, partnering with leadership and Human Resources to develop effective and appropriate recruitment packages, and effective on-boarding programs for staff; effective performance management of direct reports; in partnership with leadership, provide mentoring and development to faculty and other leaders in effective performance management; mentor and provide learning and development opportunities for direct reports and others in business roles; effectively and appropriately leveraging human resources business partners to meet the division's talent management goals; ultimate responsibility for supporting organizational programs/plans that impact employees and ensuring communication, comprehension, and adherence to all Human Resources policies and related legal and/or compliance requirements.
  • Overall accountability for the financial management functions for the department.
  • Develop, implement, evaluate and manage the department's annual and capital budget to achieve the Divisional and Departmental objectives; establish internal controls for cash management; implement and maintain a process for financial controls and external financial audits; develop and implement accounts receivable management; analyze and monitor financial performance and report financial results to stakeholders; evaluate variances, determine underlying causes and identify, present, and implement proposed solutions; establish and monitor productivity metrics; ultimate accountability for compliance with organizational financial policies and procedures.
  • Oversees billing and receivables across different areas of the hospital.
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