Vice President - Revenue Cycle

Huron•Chicago, IL

2d•$260,000 - $358,800

About The Position

The Vice President of Revenue Cycle provides strategic direction, operational leadership, and oversight of ambulatory and acute Revenue Cycle operations across a complex healthcare organization. As the senior Revenue Cycle leader, this executive works with health system executives, finance leadership, and other stakeholders to advance financial performance, operational excellence, and a consistent patient financial experience. The role has overall responsibility for end-to-end Revenue Cycle operations and leads a large, multidisciplinary organization of Revenue Cycle leaders, staff, and supervisors. The Vice President establishes strategy, performance expectations, and operational priorities aligned with broader organizational and financial objectives. In partnership with executive, finance, clinical, operational, and technology leaders, the Vice President identifies opportunities to strengthen performance, standardize operations, improve the patient financial experience, and implement sustainable process and technology improvements. The role also develops a high-performing leadership team, establishes accountability through key performance indicators, and drives continuous improvement. Periodic travel may be required based on organizational, operational, leadership, or business needs.

Responsibilities

Develop and execute long-term Revenue Cycle strategies aligned with financial performance, operational efficiency, and organizational objectives.
Translate strategic priorities into actionable plans across operations, finance, technology, workforce, customer service, and regulatory compliance.
Partner with Finance, IT, Human Resources, clinical leadership, and other stakeholders to develop and execute a comprehensive Revenue Cycle roadmap.
Provide executive leadership for standardized, efficient, and compliant Revenue Cycle operations.
Build, develop, and engage a high-performing Revenue Cycle leadership team with clear accountability for results.
Foster continuous improvement, collaboration, accountability, and employee engagement.
Represent Revenue Cycle performance, priorities, risks, and initiatives to senior leadership, governance committees, and other stakeholders.
Establish and monitor key Revenue Cycle metrics, benchmarks, and performance improvement plans.
Use analytics, process improvement, and technology to identify opportunities and drive measurable operational and financial improvement.
Lead resolution of complex Revenue Cycle challenges and develop sustainable cross-functional solutions.
Evaluate emerging technologies and vendors, develop business cases and ROI analyses, and recommend investments.
Oversee Revenue Cycle budgets, strategic partners, vendors, and major transformation initiatives.
Lead end-to-end Revenue Cycle improvement through process redesign, standardization, automation, technology, and data.
Partner with IT and project leadership to plan, implement, and optimize Revenue Cycle systems and applications.
Identify and implement system functionality that improves workflow, productivity, financial performance, and the patient financial experience.
Redesign Revenue Cycle processes to support accurate and timely billing, collections, denial prevention, and account resolution.
Establish consistent policies, procedures, workflows, and productivity standards across Revenue Cycle operations.
Monitor transformation initiatives to ensure milestones, objectives, and expected outcomes are achieved.
Provide regular reporting on financial performance, operational KPIs, budgets, compliance, quality, customer service, and productivity.
Identify emerging issues, performance gaps, and opportunities, and provide senior leadership with recommendations and action plans.
Ensure Revenue Cycle services and deliverables meet established quality, performance, and service expectations.
Identify operational, financial, regulatory, and compliance risks and develop mitigation strategies and corrective action plans.
Maintain standardized policies, controls, and processes that support regulatory and organizational requirements.
Ensure required reporting is accurate, timely, and compliant with applicable standards and requirements.
Maintain compliance with HIPAA privacy and security requirements and applicable healthcare billing regulations.
Establish goals, objectives, budgets, and performance expectations for assigned Revenue Cycle functions.
Monitor performance against targets and implement corrective actions when needed.
Develop leadership capability, succession readiness, and accountability throughout the Revenue Cycle organization.
Ensure leaders and team members follow organizational policies, procedures, and standards of conduct.