Brickyard Healthcare · 3 months ago
VP of Revenue Cycle Services
Brickyard Healthcare is seeking a VP of Revenue Cycle Services who will direct and control the organization’s accounts receivable billing and collection functions. The role involves working closely with senior financial leadership to improve billing and collections processes while overseeing all related staff and functions.
Health CareNursing and Residential CareNutritionRehabilitationTherapeutics
Responsibilities
Reports to and support BYHC’s Chief Financial Officer in overseeing the overall accounts receivable billing and collections functions required for BYHC and related entities
Directs and controls all central business office staff and functions including a) generation of direct and third-party billings per required payers’ standards, b) follow through and collections of balances due, and c) maintenance of organizational revenue cycle system’s tables and data
Directs and controls the monthly reporting of all accounts receivable components including ending receivable balances by age category, cash collections, bad debt write-offs and calculated ending days sales in account receivable
Guides and support the facility business office managers and leadership in the collection of resident in-house private pay balances
Research and engage external assistance as required for the timely collection of problematic accounts receivables or in the appeal of denied payments
Works closely with the Finance/Accounting area in the monthly accounting closing of the revenue cycle system and in the control of the documentation of recoverable Medicare co-pay bad debts submitted on the annual Medicare cost reports
Support and communicate to facilities in a servant leadership manner
Prepare as necessary supplemental reports and information for ownership and management
Perform benchmarking of departmental functions to determine areas requiring attention from a process improvement or other cost savings perspective. Lead and monitor process improvement efforts, including establishment of annual departmental goals
Qualification
Required
Bachelors Degree in Accounting, Finance or Management or equivalent professional level of knowledge and work experience required
Minimum five (5) years of experience in a healthcare billing/collections supervision and leadership role required
Experience in Medicare/Medicaid billing required
Must be capable of maintaining regular attendance
Preferred
Experience in Point Click Care (PCC) or like long term care billing system preferred
Benefits
Excellent health benefits packages
Education reimbursement program of up to $7,500 per year
No waiting period for enrollment
Three health plan options
Delta Dental
VSP Vision
Free Basic Life Insurance
Disability, Critical Illness, Accident & Legal Coverage
401(k) Retirement Plan
Employee Assistance Program