Executive Director - Hospital Revenue Cycle - Onsite
GuidehouseAbout the role
Job Family:
Business Operations
Travel Required:
Clearance Required:
What You Will Do:
Working under the general direction of the Account Leadership Partner, the Vice President of Revenue Cycle/Executive Director serves as the primary liaison between the Revenue Cycle Operations teams and assigned Client(s) for all aspects of the Revenue Cycle. This position will be responsible for the proactive oversight of the Revenue Cycle process and maintain a successful client relationship and client strategies. In addition, this position will develop a deep understanding of the Client’s Revenue Cycle to ensure KPI’s and quality measures are met at both their assigned location and at EBO. This position will also supervise on site Project Supervisors and project staff. The Vice President of Revenue Cycle/Account Executive will monitor compliance with State and Federal laws and guidelines. This position will proactively identify opportunities for revenue cycle improvement initiatives and partner with the Client and EBO leadership to develop and execute these plans. The Vice President of Revenue Cycle/Account Executive will possess both technical and business skills to recommend, engage and manage their client’s strategic initiatives. The Vice President of Revenue Cycle/Account Executive will perform any and all job-related duties as assigned.
Essential Job Functions
Comprehensive knowledge of healthcare access management, HIM, billing, finance and accounting principles for both Hospital and Physician revenue cycle management
Excellent verbal and written communication skills
Comprehensive knowledge of HFMA MAP metrics, as well as MGMA or other similar standards for Physician Revenue Cycle
Strong attention to details and accuracy, using problem-solving skills and analytical thinking
Ability to successfully prioritize and manage numerous tasks simultaneously
Excellent strategic planning, management and implementation skills
Meet and anticipate Client needs
Well versed in developing and sustaining effective relationships with senior management & identifying opportunities within the client’s network
Duties and Responsibilities
Leading multi-disciplined teams to integrate their solutions & services
Direct implementation projects & liaise with Client Project Directors
Development and execution of annual Project P&L to drive Client Value and Guidehouse Financial success
Build & maintain relationships with key clients covering a range of business sectors
Provide insights to enhance delivery models & outcomes that meet their client's needs
Collaborate with implementation & development teams to enhance service delivery.
Responsible for the maintenance of the governance model and meeting structure
Understand, meet and exceed set department goals
Gatekeeper of client site access
Responsible for special client projects
Apply legal compliance and compliance with client policies & procedures
Provide reports and statistical/analytical information for management and clients
Process month-end reports for Guidehouse and Client
Promote Guidehouse values, overall teamwork and a positive work environment
Ensure appropriate contractual discounts are applied
Review adjustments and refund requests
Maintain continual communication with EBO to identify areas for improvement from client to improve productivity and results
Attend meetings with both the client and the EBO
A/R Analysis, including but not limited to: Bad Debt, Charity, Aging, Cash Collections, Payer Realization Rates, Credit Balances, Charge Capture, and CDM
Monitor unbilled inventory and work with client and EBO to ensure compliance with targets
Place and manage on-site employees as contract requires
Establishes and manages effective, consistent communication with assigned Client
Identifies and address business needs; provides guidance and timely responses to questions and requests
Provides analysis and context for monthly performance data
Maintains ongoing issues and priority list for Client and EBO
Completes analysis of issues for action, presents this information and assists the Entity implement action plans
Provides and implements plans to improve billing performance
Establishes and develops collaborative relationships
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