Vice President of Revenue Cycle Management
Position Summary
The Vice President of Revenue Cycle Management (RCM) will be a key member of the management team, responsible for ensuring the consistency, quality, and scalability of revenue cycle operations across a rapidly growing vascular surgery platform (The Vascular Care Group). This role will direct and oversee the policies, objectives, and initiatives of the RCM function while managing a multi-regional team to optimize financial performance, streamline processes, and enhance the patient financial experience.
The ideal candidate will bring a deep understanding of professional billing and healthcare revenue cycle processes, a proven track record of leading high-performing teams, and experience navigating both traditional and value-based reimbursement models. Knowledge of ASC billing and contract negotiation will be highly valuable.
Key Responsibilities
- Provide strategic direction and leadership for all revenue cycle operations, including patient access, billing, coding, collections, denial management, and reimbursement.
- Maintain and improve standardized policies, procedures, and best practices to ensure accuracy, compliance, and efficiency across all regions.
- Partner with executive leadership to align RCM strategies with organizational growth objectives, expansion initiatives, and overall financial goals.
- Develop and lead the revenue cycle team, fostering a culture of accountability, collaboration, and continuous improvement.
- Monitor key performance indicators (KPIs) and implement data-driven strategies to improve cash flow, reduce denials, and maximize resources.
- Track and report numerous metrics related to the practice engagement cycle, including error rates, billing turnaround, and accounts receivable performance.
- Work with key partners to interpret trends in performance metrics, using data to guide management decisions that support revenue cycle goals and overall organizational financial performance.
- Identify issues and inefficiencies in billing, collections, and reporting, and promptly develop and implement corrective actions.
- Collaborate with payers to optimize reimbursement, negotiate favorable contract terms, and manage payer relationships.
- Ensure compliance with all federal, state, and payer regulations, as well as internal compliance standards.
- Evaluate and leverage technology, automation, and analytics tools to improve workflow, transparency, and reporting.
- Provide regular performance reports and actionable insights to executive leadership.
Qualifications
- Bachelor’s degree in healthcare administration, business, finance, or a related field required; Master’s degree preferred.
- 5+ years of progressive experience in healthcare revenue cycle management, with at least 2 years in a senior leadership role.
- Deep expertise in professional billing and process management within a multi-site physician practice or healthcare organization.
- Experience with value-based care models, ASC billing, and/or payer contract negotiations strongly preferred.
- Strong leadership skills with a demonstrated ability to manage and develop multi-regional teams.
- Excellent analytical, strategic planning, and problem-solving skills.
- Exceptional communication and relationship management skills with both internal and external stakeholders.
- Proven ability to thrive in a fast-paced, high-growth environment.
- Has a good sense of humor
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