VP – Revenue Cycle Management, Accounts Receivable

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

📋 Description

• Develop and implement regional accounts receivable strategies that align with enterprise revenue cycle objectives.

• Support productivity and quality standards while enhancing accountability frameworks and operational guidelines.

• Lead initiatives aimed at speeding up cash flow, decreasing aged accounts receivable, and improving collection effectiveness.

• Drive the standardization of processes, automation, and optimization of technology.

• Provide executive oversight for government, commercial, and self-pay receivables.

• Monitor key performance indicators such as AR Days, aging, DSO, net collection rates, cash collections, denial rates, underpayment recovery, and inventory backlogs.

• Address and resolve high-risk aging accounts, payer issues, and opportunities for revenue leakage.

• Review the readiness for regional monthly closes and assess risks related to cash and revenue performance.

• Guide regional AR directors and managers in meeting productivity, quality, and financial targets.

• Conduct business reviews and performance evaluations.

• Create corrective action plans for underperforming regions, teams, or payer portfolios.

• Implement strategies for inventory management and workload balancing.

• Act as an executive liaison to operational leadership regarding AR performance and reimbursement trends.

• Present performance outcomes, risks, and mitigation strategies to executive leadership and stakeholders on a monthly basis.

• Collaborate with operational stakeholders to enhance revenue cycle results.

• Assist in forecasting, budgeting, and financial planning related to collections and AR performance.

• Identify opportunities to enhance cash flow and minimize write-offs.

• Ensure that regional collection targets and financial obligations are met.

• Maintain compliance with payer regulations, government mandates, and organizational policies.

• Ensure readiness for audits and adherence to internal controls.

• Monitor reimbursement trends and regulatory changes that affect collections.

• Lead, mentor, and develop AR leadership teams.

• Create succession plans and strategies for talent development.

• Promote employee engagement and initiatives for continuous improvement.

⛳️ Requirements

• A bachelor's degree is required, preferably in business administration, healthcare administration, finance, or accounting.

• At least 7-10 years of progressive management experience in a healthcare revenue cycle services entity with revenues exceeding $300 million, possessing substantial knowledge and responsibility in physician healthcare reimbursement.

• Minimum of 3 years of experience in anesthesia practice management with a large anesthesia group, ideally within a multi-unit organization generating over $100 million in annual revenue.

• Proven experience managing a team of 100+ healthcare billers and collectors or a similar processing organization, preferably across multiple locations.

• Demonstrated success in healthcare billing and collections, including Medicare, Medicaid, commercial insurance, and self-pay.

• In-depth familiarity with healthcare billing system software is essential; experience with AthenaIDX (formerly Centricity Business) is preferred.

• Significant experience in transformation and information technology within a high-volume processing environment; knowledge of Lean Six Sigma is highly preferred.

• Experience in integrating platforms through acquisitions or new business initiatives.

• Exceptional communication skills with the ability to engage at all organizational levels, advocate ideas, and foster internal and external business partnerships.

• Leadership that is focused on metrics and processes with an emphasis on financial performance, productivity, and patient satisfaction.

• Capable of managing in a fast-paced and constantly evolving environment.

• Strong analytical skills to assess business and management challenges, derive effective solutions, and exercise sound judgment.

• Demonstrated integrity and the ability to command respect within and outside the organization.

• Ability to fulfill the physical demands of the position with or without reasonable accommodation.

• Proficient in using office equipment and communicating effectively both verbally and in writing.

🏝️ Benefits

• Comprehensive health benefits.

• Retirement savings plans with employer contributions.

• Opportunities for professional development and growth.

• Flexible work arrangements.

• Employee engagement programs and initiatives.