Vice President, Ambulatory Revenue Cycle
About The Position
Adventist HealthCare seeks to hire an experienced Vice President of Revenue Cycle for our Ambulatory Revenue Cycle department who will embrace our mission to extend God’s care through the ministry of physical, mental, and spiritual healing. Reporting to the Senior Vice President and Chief Financial Officer for Adventist HealthCare, the Vice President of Revenue Cycle plays an essential role in ensuring the success and financial stability of the Health System. The Vice President of Revenue Cycle is responsible for overseeing and optimizing the entire revenue cycle for ambulatory services. This role involves strategic planning, execution, and continuous improvement of revenue cycle processes to maximize financial performance. The VP will work in partnership with entity CFOs, the VP of Hospital Revenue Cycle and various departments to ensure efficient billing, coding, collections, and reimbursement processes while maintaining compliance with regulatory standards.
Requirements
- Excellent communication and negotiation skills, both written and verbal
- Strong knowledge in revenue cycle best practices.
- In-depth knowledge of reimbursement methodologies, insurance regulations and industry trends
- Strong financial acumen and ability to analyze complex financial data and make data-driven decisions
- Strong organization skills with the ability to prioritize and manage multiple projects simultaneously
- Customer and relationship focused, and results oriented
- Bachelor's degree in healthcare administration, business administration, or a related field. Master's degree preferred.
- Extensive experience (10 years) in healthcare revenue cycle covering multiple functions within revenue cycle. Extensive knowledge of ambulatory services.
- 5 years of leadership role overseeing revenue cycle functions.
Nice To Haves
- Master's degree preferred.
Responsibilities
- Develop and implement strategies to optimize the end-to-end revenue cycle for ambulatory services.
- Oversee billing, coding, collections, and reimbursement processes to ensure accuracy and efficiency
- Monitor key performance indicators (KPIs) and implement improvements to enhance financial performance
- Collaborate with clinical and administrative staff to streamline workflows and reduce denials and write-offs
- Lead and mentor a team of revenue cycle and managed care professionals.
- Foster a culture of continuous improvement, accountability, and collaboration.
- Provide regular training and development opportunities for team members.
- Ensure compliance with all federal, state, and local regulations related to revenue cycle and managed care.
- Develop and implement policies and procedures to mitigate risk and ensure ethical billing practices.
- Stay current with industry trends, regulations, and best practices.
- Prepare and present regular reports on revenue cycle performance.
- Conduct financial analysis to identify trends, opportunities, and areas for improvement.
- Develop and manage the department budget, ensuring alignment with organizational
Benefits
- Work life balance through nonrotating shifts
- Recognition and rewards for professional expertise
- Free Employee parking
- Medical, Prescription, Dental, and Vision coverage for employees and their eligible dependents effective on your date of hire
- Employer-paid Short & Long-Term Disability, Basic Life Insurance and AD&D, (short-term disability buy-up available)
- Paid Time Off
- Employer retirement contribution and match after 1-year of eligible employment with a 3-year vesting period
- Voluntary benefits include flexible spending accounts, legal plans, and life, pet, auto, home, long term care, and critical illness & accident insurance
- Subsidized childcare at participating childcare centers
- Tuition Reimbursement
- Employee Assistance Program (EAP) support
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What This Job Offers
Job Type
Full-time
Career Level
Executive
