Vice President, Revenue Cycle Services - Parsippany, United States - Med-Metrix LLC

Med-Metrix LLC

Verified Company

Parsippany, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

:

Job Purpose

The Vice President, Revenue Cycle Services will have a major impact on the ongoing partnership with key clients of the organization by demonstrating finesse with client relationships, thorough knowledge of client needs and RCM operational expertise.

Duties and Responsibilities

Oversee end to end revenue cycle service management for designated client(s
Maintains acceptable levels of days in A/R, bad debt, and other key indicators
Analyzes financial results, develops and implements action plans as needed
Partners with appropriate resources on chargemaster strategic pricing, evaluates charge structure, contractual terms and conditions
Act as a technical expert in regards to financial class responsibility for client and team members
Develop and drive strategic initiations to optimize operating results and improved performance
Develop strategic annual plans to achieve client KPIs
Seek and develop opportunities for new services, revenue generation, and/or process optimization
Conduct regular visits to client facilities for touch point meetings including account reviews (with associated data and policy analysis) as appropriate
Report on trends in payments and/or denials; procedural issues
Make recommendations to the client for correction of trends
Work closely with all levels of client and Med-Metrix leadership on issues and initiates related to revenue cycle management operations
Manages vendor and other 3rd party resources as appropriate and ensuring performance adheres to client expectations and KPIs
Accountability for profit and loss of client RCM activities including workforce management and revenue forecasts
Ensure all compliance and safety standards at client sites are maintained and adhered to by Med-Metrix employees
Ensure timely and direct resolution of client issues and involve other team members as appropriate
Ensure operational team members adapt and respect client culture nuances to result in an exceptional customer experience
Other duties as assigned by the management team
Use, protect and disclose patients' protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties
Understand and comply with Information Security and HIPAA policies and procedures at all times
Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties

Requirements:

Qualifications

Undergraduate degree; post graduate degree preferred; degrees in Accounting or Finance preferred
10+ years of progressively responsible financial leadership roles
Experience in healthcare consulting, sales or RCM operation management
Detail oriented and well organized
Ability to perform under pressure in a calm manner & maintain a positive attitude
Excellent, customer service, verbal, written, listening and interpersonal skills
Proficient computer skills including Microsoft Office Suite. Must have intermediate Excel skillset
Selfmotivated and resourceful with the ability to multitask and successfully operate in a fast paced, team environment
Ability to work well individually and in a team environment
Must adapt well to change and successfully set and adjust priorities as needed
Strong analytical skills

Working Conditions

Physical Demands

While performing the duties of this job, the employee is occasionally required to move around the work area; Sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear.