Senior Director, Revenue Recovery

This is a fully remote position, open to applicants in United States.

📋 Description

• Spearhead the enterprise strategy for revenue recovery, focusing on denials management, A/R follow-up, appeals, and addressing underpayment issues.

• Formulate and implement initiatives aimed at decreasing write-offs, enhancing overturn rates, and expediting cash collections.

• Detect and reclaim revenue from claims that have been previously written-off or underpaid through targeted audits and recovery initiatives.

• Establish and track critical KPIs, including A/R aging, denial rates, recovery yield, and metrics for cash acceleration.

• Conduct root cause analysis on denial trends and implement strategies for enterprise-wide prevention.

• Collaborate closely with Coding, Clinical, Billing, Compliance, and Payer Strategy teams to minimize revenue leakage and enhance claim accuracy.

• Supervise the management of escalations for intricate payer disputes, high-value accounts, and systemic recovery challenges.

• Lead the standardization of workflows, policies, and recovery strategies across various clients or regions.

• Deliver executive-level reporting and insights to senior leadership, highlighting financial impacts, trends, and optimization opportunities.

• Build and cultivate high-performing recovery and A/R teams, promoting a culture of accountability and continuous improvement.

⛳️ Requirements

• A Bachelor’s degree is required; a Master’s degree is preferred in Healthcare Administration, Business, or a related field.

• Over 10 years of progressive leadership experience in the revenue cycle, with substantial expertise in A/R, denials, and revenue recovery.

• A proven track record of enhancing cash collections, denial overturn rates, and revenue recovery results.

• In-depth understanding of payer strategies, reimbursement methodologies, and regulatory standards.

• Experience in leading large-scale revenue cycle operations across multiple sites or clients.

• Demonstrated capability to utilize analytics and reporting to drive improvements in operational and financial performance.

• Proficient in executive-level communication and adept at stakeholder management.

🏝️ Benefits

• Health insurance

• Retirement plans

• Paid time off

• Professional development opportunities