Executive Director, Revenue Cycle and Business Operations jobs in United States
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Tulane University · 2 weeks ago

Executive Director, Revenue Cycle and Business Operations

Tulane University is seeking an Executive Director for Revenue Cycle and Business Operations. This strategic leader will be responsible for advancing ambulatory revenue cycle management, optimizing financial performance, and executing business strategies that align with growth priorities while leveraging analytics and technology.

Higher Education

Responsibilities

Responsible for achieving and maintaining high functioning patient accounting processes across the organization
Develops and implements Patient Accounting policies and procedures that support organizational mission, vision and values while promoting efforts to improve the financial health of the organization
Ensures operation of data exchange across various platforms
Responsibilities of this role include the achievement of annual and periodic goals for statistical indicators of financial performance, in particular cash collections, maintaining the integrity of financial reporting and facilitating the efficient operation of functions and management of the Patient Accounting Department
Drives revenue cycle operational performance and key financial metrics
Responsible for strategic planning to achieve revenue and reimbursement goals, while maximizing cash flow and ensuring compliance with federal and state regulations
This role involves identifying opportunities for financial improvement, formulating and implementing best practices, and maintaining fiscal responsibility for all revenue cycle activities
Additionally, this position sits on the Finance Committee and is the single source of leadership to all areas of the Revenue Cycle Team which includes Finance and Billing Software systems and staff while developing its strategic plan and ensuring all goals and objectives are met
Works with and manages analytical reporting requirements of teams, project managers, leaders and staff, mentoring, and scaling effectively with growth
Foster a culture of continuous learning, hiring top talent, holding rigorous technical discussions, and promoting high standards
Collaborate closely with product, data science, infrastructure, vendors, partners, and executive stakeholders to align applications and drive innovation and technological decisions and efforts with strategic business goals
Implement best practices for workflows— scalability, observability, incident response, and reliability of all applications

Qualification

Revenue Cycle ManagementFinancial Performance OptimizationData AnalyticsIDX Software ExperienceRegulationsLeadership SkillsProblem-Solving SkillsProject ManagementMediation SkillsInterpersonal SkillsCommunication SkillsOrganizational SkillsTime ManagementNegotiation Skills

Required

Demonstrated leadership, diplomacy and relationship building skills
Excellent interpersonal, verbal and written communication, and presentation skills
Analytical reporting and staff benchmarking and report card outcomes accountability
Proven problem-solving, mediation, and negotiation skills
Strong overall technology foundation and understanding of the evolving landscape
Information Technology/Billing Software, preferably IDX experience in medical practices utilizing in-house billing, accounts receivable systems, electronic medical records systems, interfaces with hospitals, payers, and third-party clearing houses
Knowledge of governmental and private third-party payor regulations, compliance issues, and other insurance processing rules and regulations, accounting principles and procedures, ICD9, ICD10, CPT and HCPCS knowledge and experience with all aspects of the reimbursement cycle including registration, charge capture, data entry and claims submissions
Knowledge of Fair Debt Collection and HITECH Policies
Experience with compiling and analyzing data and producing focused/relevant reports for presentations to multiple stakeholders
Excellent organizational and time management skills
Demonstrated ability to prioritize and effectively manage multiple projects simultaneously and meet established deadlines
Master's Degree: minimum four (4) years' experience with an emphasis on finance, ambulatory revenue cycle and IT transformations
8 years of progressive revenue cycle leadership experience in a teaching hospital healthcare system or multi-location hospital environment

Preferred

Experience with IDX suite of revenue cycle applications
10 years of progressive revenue cycle leadership experience in a teaching hospital healthcare system or multi-location hospital environment
5- 8 years of experience dealing with rules/regulations of Medicare/Medicaid and other government payers as well as commercial insurers
Demonstrated experience in championing a compelling vision and leading by example while guiding a large team through transitions to new achievement
Working knowledge of CACHE & SQL databases and languages as well as UNIX & Microsoft operational environments
Embrace a business mindset that involves thinking strategically to align engineering efforts with the overall business goals, prioritizing high-ROI projects, and cultivating an entrepreneurial spirit of ownership and continuous improvement within the teams
Extensive knowledge of IDX and patient portal software
Expert level competence in AR and Front-End operations management, financial systems, and data integration

Company

Tulane University

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A member of the prestigious Association of American Universities, Tulane University is consistently ranked among the top 50 universities in the nation.

Funding

Current Stage
Late Stage
Total Funding
$8.5M
Key Investors
National Institutes of Health
2018-11-14Grant· $8.5M

Leadership Team

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Janaki Sundaresan
Co-Founder of Health Equity Fellowship
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Lekh Parekh
Co-founder and Vice President of Tulane Table Tennis Club
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Company data provided by crunchbase