Executive Director Revenue Cycle Transformation

About the position

The Executive Director, Revenue Cycle Transformation is responsible for oversight of system level process redesign, technology enhancement, organizational design, and performance improvement. The Executive Director will work with executive leadership across BMC, BUMG, SEMC and GSMC to identify ways to increase net revenue, accelerate cash flow, and reduce costs by addressing people, process, and technology components across the revenue cycle. The Executive Director will be responsible for multimillion dollar revenue improvement targets annually.

Responsibilities

• Develop strategic, long-term goals for process redesign, technology enhancement, and performance management.
• Directly supervises, manages, and develops a results-oriented team of Directors.
• Continuously assesses and develops an organizational structure that ensures high performance and achievement of goals.
• Hires and trains for leadership positions in the Revenue Cycle Management Transformation function.
• Manages performance and directs ongoing programs for staff development.
• Lead a team of 3 directors in root cause analysis to identify revenue leakage, reduce bad debt, and accelerate cash collections.
• Coordinate internal and external resources to ensure that reasonable goals are established, adequate time is allotted to achieve optimal integration, and deadlines are met.
• Develops plans to reduce redundancy between hospital and physician billing across all BMCHS entities.
• Manage and direct multi-tiered large-scale budgets for projects spanning multiple years and multiple operating departments.
• Manage multiple consulting resources from various agencies to ensure deliverables on time and on budget.
• Oversee and direct annual budget process for Revenue Cycle Division; propose and lead department cost management activities.
• Provide senior project management support to mission critical system and process improvement projects.
• Serve as a lead organizer and presenter on Revenue Cycle, Finance, and Operational committees.
• Responsible for the analysis and assessment of diverse data relating to the revenue cycle.
• Oversee department performance metrics and review performance against Service Level Agreements.
• Work with revenue cycle vendors to discover and document the root cause of any related risk management deficiencies.
• Determine strategy to attract and grow the BMC vendor partnership within the revenue cycle team.

Requirements

• Bachelor's Degree in Finance, Business, Health Care or related field.
• 12 or more years' experience in finance, revenue cycle management, or information systems.
• At least 9 years of prior senior level management experience.
• Experience within health care required.
• Process improvement methodologies required.

Nice-to-haves

• CPA and/or Masters with 10 or more years' experience in finance, revenue cycle management, or information systems.
• At least 7 years of prior senior level management experience preferred.