Vice President, Revenue Cycle Management

Med-MetrixParsippany-Troy Hills, NJ

About The Position

The Vice President, Revenue Cycle Management will oversee the A/R team responsible for collecting outstanding insurance balances, appealing denied claims, and resolving A/R for our clients. The Vice President, Revenue Cycle Management will have a major impact on the ongoing partnership with clients by demonstrating finesse with client relationships, thorough knowledge of client needs and Revenue Cycle operational expertise.

Requirements

  • BS in Accounting or Finance, MBA and/or CPA highly desirable
  • 10+ years in progressively responsible financial leadership roles, preferably in acute care setting or comparable Revenue Cycle company
  • Analytical and problem solving skills, the ability to understand complex reimbursement structures and the ability to apply contractual and governmental regulations to billing processes
  • Knowledge of governmental, legal and regulatory provisions related to collection activity
  • Knowledge of insurance company practices regarding reimbursement
  • Proficiency in Microsoft Office Suite
  • Strong interpersonal skills, ability to communicate well at all levels of the organization
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
  • High level of integrity and dependability with a strong sense of urgency and results oriented
  • Excellent written and verbal communication skills required

Responsibilities

  • Provide assistance/resolution to external and internal client inquiries
  • Prepare reports or logs as required
  • Act as a technical expert in regards to financial class responsibility, to answer questions raised by clients and team members
  • Maintain a current working knowledge of all healthcare related issues and regulations
  • Report any detected trends in payments or denials, as well as procedural problems, to the client and make recommendations regarding the correction of these trends and/or problems
  • Learn and comply with organizational and departmental policies and procedures
  • Analyze and solve problems quickly and thoroughly
  • Establish realistic goals and priorities concurrent with organizational objectives
  • Provide support to the Business Development team during the sales process
  • Responsible for ensuring that remote client access to is disabled for terminated or transferred employees when applicable in a timely fashion
  • Other duties as assigned
  • Use, protect and disclose patients’ protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
  • Understand and comply with Information Security and HIPAA policies and procedures at all times
  • Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties
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