Vice President, Revenue Cycle Management

This is a fully remote position, open to applicants in New Jersey.

📋 Description

• Supervise the accounts receivable team tasked with collecting outstanding insurance balances, appealing denied claims, and resolving accounts receivable issues for clients.

• Offer assistance and solutions to inquiries from both external and internal clients.

• Create reports or logs as needed.

• Act as a technical authority on financial class responsibilities for clients and team members.

• Stay updated on healthcare-related issues and regulations.

• Report trends in payments and denials, as well as procedural issues, to clients.

• Suggest corrective actions for payment, denial, and procedural trends or challenges.

• Adhere to organizational and departmental policies and procedures.

• Analyze and resolve problems efficiently and comprehensively.

• Set realistic goals and priorities that align with organizational objectives.

• Assist the Business Development team during the sales process.

• Ensure that remote client access is promptly disabled for terminated or transferred employees when applicable.

• Utilize, safeguard, and disclose patients’ protected health information exclusively in accordance with HIPAA standards.

• Follow Information Security and HIPAA policies and procedures.

• Limit access to protected health information to the minimum necessary for assigned responsibilities.

• Carry out other assigned duties.

⛳️ Requirements

• Bachelor's degree in Accounting or Finance; an MBA and/or CPA is highly preferred.

• Over 10 years of experience in progressively responsible financial leadership roles, ideally within an acute care setting or a comparable Revenue Cycle organization.

• Strong analytical and problem-solving abilities.

• Capability to comprehend complex reimbursement structures.

• Proficiency in applying contractual and governmental regulations to billing processes.

• Familiarity with governmental, legal, and regulatory requirements related to collection activities.

• Understanding of insurance company practices concerning reimbursement.

• Proficient in Microsoft Office Suite.

• Excellent interpersonal skills with the ability to communicate effectively at all levels of the organization.

• Strong problem-solving and creative thinking skills.

• Ability to exercise sound judgment and make decisions based on accurate and timely analyses.

• High integrity and reliability, with a strong sense of urgency and results orientation.

• Exceptional written and verbal communication skills are required.

• Must have a smartphone or electronic device capable of downloading applications for multifactor authentication and security purposes.

• Ability to follow instructions, collaborate effectively with others, and manage stress.

• Proficient in operating computers, computer peripherals, telephones, tools, and other office equipment.

🏝️ Benefits

• Remote work arrangement.

• Requirement for multifactor authentication and security device support.