Vice President, Revenue Cycle Management- Remote

Med Metrix•Parsippany-Troy Hills, NJ

2d•Remote

About The Position

The Vice President, Revenue Cycle Management oversees the accounts receivable team responsible for collecting outstanding insurance balances, appealing denied claims, and resolving accounts receivable for clients. The role has a significant impact on client partnerships through effective relationship management, understanding client needs, and applying revenue cycle operational expertise. The position also provides expertise and support to clients and internal teams, monitors payment and denial trends, recommends corrections to operational or procedural issues, and supports the Business Development team during sales. The role requires compliance with organizational policies and procedures, as well as strict adherence to HIPAA and information security requirements when handling protected health information. This is a remote position. The employee must have a smartphone or other electronic device capable of downloading applications for multifactor authentication and security purposes. The work environment is usually minimally noisy.

Requirements

Bachelor of Science in Accounting or Finance.
At least 10 years in progressively responsible financial leadership roles, preferably in an acute care setting or a comparable revenue cycle company.
Analytical and problem-solving skills, including the ability to understand complex reimbursement structures and apply contractual and governmental regulations to billing processes.
Knowledge of governmental, legal, and regulatory provisions related to collection activity.
Knowledge of insurance company reimbursement practices.
Proficiency in Microsoft Office Suite.
Strong interpersonal skills and the ability to communicate well at all levels of the organization.
Strong problem-solving and creative skills, sound judgment, and the ability to make decisions based on accurate and timely analyses.
High integrity and dependability, a strong sense of urgency, and a results-oriented approach.
Excellent written and verbal communication skills.
A smartphone or electronic device capable of downloading applications for multifactor authentication and security purposes.
Ability to follow directions, collaborate with others, and handle stress.

Nice To Haves

MBA and/or CPA.
Experience in an acute care setting or comparable revenue cycle company.

Responsibilities

Provide assistance and resolution for external and internal client inquiries.
Prepare reports or logs as required.
Serve as a technical expert on financial class responsibility and answer questions from clients and team members.
Maintain current working knowledge of healthcare-related issues and regulations.
Report payment or denial trends and procedural problems to clients, and recommend corrective actions.
Learn and comply with organizational and departmental policies and procedures.
Analyze and solve problems quickly and thoroughly.
Establish realistic goals and priorities aligned with organizational objectives.
Support the Business Development team during the sales process.
Ensure remote client access is disabled promptly, when applicable, for terminated or transferred employees.
Perform other duties as assigned.
Use, protect, and disclose patients’ protected health information only in accordance with HIPAA standards.
Comply with Information Security and HIPAA policies and procedures.
Limit viewing of protected health information to the minimum necessary to perform assigned duties.