R1 RCM ยท 16 hours ago
VP of Revenue Cycle Operations - Payer Accountability
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Responsibilities
Develop and implement strategies to improve payer escalation processes.
Lead and mentor a team of RCM professionals focused on payer escalation.
Collaborate with senior leadership to align payer escalation strategies with organizational goals.
Establish and sustain strong relationships with key payers.
Negotiate resolutions for escalated issues
Monitor and analyze payer performance, identifying trends impacting revenue
Utilize data analytics to identify patterns and root causes of payer-related issues.
Prepare and present reports on payer performance and escalation outcomes to senior leadership.
Develop and monitor key performance indicators (KPIs) related to payer escalation.
Leads a high-functioning team of AR resolution experts & drives leadership accountability to meet and exceed performance targets.
Develops team members to proactively identify and understand revenue cycle issues in conjunction with payor contracts and adjudication practices.
Conducts a strong team culture of collaboration, being in service to our clients, internal departments, and each other to drive results.
Collaborate with the R1 Product team to enhance workflow automation and identify problematic accounts through customized analytics, regulatory compliance, and contractual terms.
Work closely with internal teams, such as billing, coding, and compliance to address and resolve payer-related issues.
Partner continuously with Managed Care Analytics to develop innovative and customized analytics based on payer adjudication trends and evolving regulatory requirements.
Analyze and optimize existing payer escalation processes.
Implement best practices and innovative solutions to enhance efficiency and effectiveness.
Ensure compliance with industry regulations and standards throughout the escalation process.
Qualification
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Required
Minimum of 10 years of experience in revenue cycle management, with a focus on payer relations and escalation.
In-depth knowledge of healthcare regulations and payer policies.
Proven leadership experience, with the ability to manage and motivate a team. (Senior Director and above)
Strong and broad understanding of Revenue Cycle Operations within a hospital setting.
Strategic vision and operational excellence across end-to-end solutions.
Exceptional negotiation and problem-solving skills.
Excellent communication and interpersonal abilities.
Proficiency in data analysis and reporting tools.
Benefits
Competitive benefits package
Company
R1 RCM
R1 RCM serves as a revenue cycle management partner for hospitals and healthcare systems regardless of the payment models.
Funding
Current Stage
Public CompanyTotal Funding
$200MKey Investors
Intermountain Healthcare
2024-08-01Private Equity
2024-08-01Acquired
2018-03-21IPO
Recent News
secondariesinvestor.com
2024-12-21
2024-12-09
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