Senior Director – Revenue Cycle Finance

This is a fully remote position, open to applicants in North Carolina.

📋 Description

• Act as the main financial liaison between Corporate Finance and Revenue Cycle Operations.

• Link the Net Patient Revenue calculations from Corporate Finance with PRMO's cash collections and revenue cycle performance.

• Ensure alignment, transparency, and reconciliation between financial statements and operational reports.

• Create strategies that connect operational performance to net patient revenue outcomes.

• Analyze the operational impact derived from Kodiak RCA reporting results.

• Conduct executive-level financial analyses.

• Convert operational KPIs into financial implications.

• Collaborate on month-end closing activities related to Revenue Cycle metrics.

• Develop ROI models and assess reimbursement opportunities and associated risks.

• Offer executive recommendations aimed at enhancing financial performance.

• Detect and evaluate the impact of underpayment opportunities.

• Direct the validation and reporting of initiatives aimed at improving Revenue Cycle margins.

• Supervise financial reporting and executive dashboards.

• Examine cash flow, accounts receivable, denials, reimbursement, collection rates, payer mix, and write-offs.

• Identify areas of revenue leakage and potential reimbursement opportunities.

• Collaborate closely with Revenue Cycle Operations and Corporate Finance.

• Lead financial workstreams for strategic initiatives.

• Create business cases and conduct ROI analyses.

• Communicate and monitor the progress of identified issues and action items.

• Advocate for PRMO's strategic vision, mission, and purpose.

• Cultivate a departmental culture that promotes staff development and retention.

• Provide timely verbal and written responses to patients, providers, payors, and departmental staff.

• Attend meetings and engage in designated Work Culture initiatives, committees, or workgroups.

• Complete assigned tasks.

⛳️ Requirements

• Bachelor's degree is required.

• Master's degree is preferred.

• A minimum of 10 years of relevant work experience.

• Extensive expertise in Revenue Cycle analytical tools, healthcare finance, business intelligence tools, and statistical packages.

• Familiarity with the Epic System (Revenue Cycle Applications).

• Knowledge of Revenue Cycle operations.

• Understanding of Kodiak Reporting.

• Insight into Health System Finance.

• Experience with Power BI.

• Comprehension of revenue cycle operational performance goals and metrics.

• Strong analytical capabilities.

• Ability to conduct root cause analysis accurately.

• Capacity to identify and implement optimization opportunities within Epic.

• Proficiency in investigating and analyzing information to provide recommended solutions.

• Skill in developing, implementing, and managing project teams comprised of IT and operational resources.

• Effective oral and written communication skills.

• Strong interpersonal and communication abilities.

• Capability to work efficiently with diverse groups.

• Ability to promote a positive work environment.

• Capacity to manage multiple tasks simultaneously.

• Proficient in Epic and MS Office Applications, including Word, Excel, Visio, and PowerPoint.

• No additional degrees, licensure, or certifications beyond the specified educational requirements.

🏝️ Benefits

• Commitment to being an Equal Opportunity Employer.

• Information and provision for reasonable accommodations available upon request.

• A culture that is collaborative, innovative, creative, and inclusive.