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Skilled Wound Care · 2 days ago

Director of Revenue Cycle

Los Angeles, CA

Full-time

Onsite

Director/Executive

$110K/yr - $175K/yr

Skilled Wound Care is a leading national surgical physician group servicing nursing homes for wound care, ostomy care, and minor skin care. They are looking for a Director of Revenue Cycle Management to oversee the entire patient-to-payment lifecycle, maximize revenue, and ensure compliance across all phases of the revenue cycle.

Health Care

Growth Opportunities

Responsibilities

Strategic Operations & Financial Performance

End-to-End Management: Oversee and manage the daily operations of the entire revenue cycle, from initial patient registration and charge capture through claim submission, follow-up, and final payment posting

Revenue Maximization: Develop and execute financial strategies to consistently reduce Accounts Receivable (A/R) days, optimize cash flow, and significantly boost profitability

Compliance & Strategy: Maintain expert-level knowledge of evolving payer requirements (e.g., Medicare, Medicaid) and industry regulations, ensuring continuous compliance and proactively adapting strategies for shifts toward value-based care models

Leadership & Staff Development

Team Management: Recruit, train, mentor, and effectively manage all staff within the Revenue Cycle department, fostering a high-performing and collaborative environment

Performance Management: Conduct regular performance evaluations, provide coaching, and manage any necessary disciplinary actions to maintain high standards of accountability and productivity

Mentorship: Serve as the subject matter expert, guiding team members in complex claims resolution, coding questions, and difficult payer negotiations

Data Analysis & Process Improvement

Data-Driven Analysis: Monitor, track, and analyze key performance indicators (KPIs) such as coding error rates, billing turnaround times, denial rates, and A/R metrics

Issue Resolution: Proactively identify operational bottlenecks and analyze denial trends to determine root causes of revenue leakage

Process Excellence: Develop, implement, and enforce new policies and procedures to enhance billing efficiency, reduce errors, and ensure accurate charge capture across the organization

Reporting: Prepare and present regular, insightful financial reports and performance summaries to senior management

Cross-Functional Partnership

Collaboration: Serve as the primary liaison and partner with Billing, Coding, Clinical, and Information Technology (IT) teams to resolve complex revenue cycle issues and optimize integrated workflows

Qualification

Healthcare billingFinancial managementMedical codingData analysisPayer contracts knowledgeCompliance standards knowledgeProcess improvementLeadershipTeam managementPerformance managementCommunication skillsAttention to detailOrganizational proficiency

Required

Proven experience in healthcare billing, financial management, or a management role within revenue cycle

Exceptional analytical and problem-solving capabilities

Demonstrated strong leadership and team management skills

Excellent communication (written and verbal) and presentation skills

High level of attention to detail and organizational proficiency

In-depth, expert-level understanding of medical billing, medical coding, payer contracts, government regulations (Medicare, Medicaid), and compliance standards