recruit22 · 5 hours ago
Director, Revenue Cycle Management
Naperville, IL
Full-time
Hybrid
Lead/Staff, Director/Executive
5+ years expConfidential company is the #1 outpatient rehab in Illinois and Texas, focused on addressing addiction and mental health conditions. They are seeking a Director of Revenue Cycle Management to oversee all revenue cycle areas, develop strategies to improve cash collections, and ensure compliance with billing regulations.
Information Technology & Services
Responsibilities
Responsible for effective management of all revenue cycle areas, and exercise authority over all personal matters relative to the appropriate selection, training, development, evaluation, and discipline of staff on the Revenue Cycle team
Develop strategies and implement procedures which will improve cash collections, improve staff productivity, and ensure that billing is accurate, timely and in accordance with contractual obligations, timely filing requirements and regulatory guidelines
Identify and resolve revenue cycle problems as they relate to claims processing and implement new procedures and/or recommend policies to ensure compliance and maximize net revenue
Qualification
Required
5+ years of revenue cycle leadership experience
Bachelor's degree required, preferably in finance or business administration
Knowledge of business management and basic accounting principles to direct the business office
Sufficient knowledge of policies and procedures to accurately answer questions from internal and external customers
Broad-based knowledge of relevant insurance regulations and familiar with the Health Insurance Portability and Accountability Act
Provide sound leadership to billing, cash postings and collections staff to drive improved performance and morale is a must
Ability to utilize expertise in medical billing (ICD, CPT, HCPCS, HIPAA, CMS rules and regulations, NPI registrations, credentialing and contracting) to ensure accuracy, timeliness, and continuous improvement in revenue cycle processes
Comfort with large data sets, knowledge of common revenue cycle key performance indicators, and attention to detail are a must
Microsoft Excel intermediate skill level is critical for effective data management
Strong technical knowledge of revenue cycle operations with ability to leverage data to identify process improvement opportunities and estimated financial benefit
Previous success in driving operations change within revenue cycle setting including: increasing insurance cash collections, reducing bad debt rates, reducing DSO rates, improving clean claim rate, decreasing initial denial rate, and improving denial recovery rates
Preferred
Experience working with Collaborative MD, Kipu, Availity, One Source/Passport are preferred
Benefits
Medical, dental, and vision insurance for you and your family
401(k) with company match
Life insurance
Pet insurance
CEU reimbursement and paid time for continuing education
Licensure fee reimbursement
Paid vacation and sick time
Closed and paid major holidays
Company
recruit22
We are a forward-thinking and innovative recruitment firm. We offer strategic recruitment solutions using cutting-edge technologies and methodologies.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase