Finance & Revenue Cycle
Director of Revenue Cycle
Job ID: #
502465
Hours: M-F 9:00am-5:00pm
Hourly Rate/Salary: 150k-180k
Job Summary:
A reputable healthcare management company in Nassau County, NY is currently seeking a Director of Revenue Cycle to join their team. The Director of Revenue Cycle will be responsible for leading and managing all aspects of the revenue cycle operations within their multispecialty medical group.
Responsibilities:
Revenue Cycle Management: Oversee the end-to-end revenue cycle process, from patient intake through final payment, ensuring accurate and timely billing and collections.
Leadership & Team Management: Lead and manage the revenue cycle team, including billing, coding, collections, and payment posting staff. Provide guidance, training, and performance management to ensure high levels of efficiency and accuracy.
Process Optimization: Continuously evaluate and optimize revenue cycle processes, implementing improvements to reduce denials, improve cash flow, and decrease the time to collect payments.
Compliance & Regulatory Oversight: Ensure compliance with all federal, state, and payer regulations, including HIPAA, coding guidelines, billing policies, and insurance requirements.
Reporting & Analysis: Develop and oversee the creation of revenue cycle reports, dashboards, and key performance indicators (KPIs) to track performance, identify trends, and present findings to executive leadership.
Insurance Relationships: Manage relationships with third-party payers and insurance companies, including negotiating contracts, resolving disputes, and ensuring timely reimbursement.
Collaboration: Work closely with physicians, clinical staff, and administrative teams to ensure seamless communication and coordination of billing and collections processes.
Strategic Planning: Develop and execute strategic plans to improve revenue cycle performance, increase reimbursements, and streamline processes in alignment with company goals.
Technology Integration: Leverage healthcare technology and systems (e.g., EHR, billing software) to improve revenue cycle management and data accuracy.
Location:
Company Size:
Job Type:
Date:
Nassau county, Long Island, NY
Full Time
Feb 5, 2025
Requirements
Bachelor’s degree in Healthcare Administration, Business, Finance, or a related field (Master's degree preferred).
7+ years of experience in revenue cycle management within a healthcare setting, with at least 3 years in a leadership or director role.
Strong understanding of medical billing, coding, payer relations, reimbursement processes, and healthcare regulations (including HIPAA).
Experience working within a multispecialty medical group or similar healthcare organization is highly preferred.
Proven ability to lead and manage teams, with strong skills in staff development, training, and performance management.
Excellent analytical, problem-solving, and organizational skills.
Proficient in healthcare management software and tools (e.g., EHR systems, billing software, and data analytics tools).
Strong communication skills and the ability to collaborate effectively with clinical, financial, and administrative teams.
Knowledge of payer contract management and experience negotiating with insurance companies is a plus.