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MG
Massachusetts General Hospital
Manager, Revenue Cycle Finance
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What they do
A Revenue Manager manages revenue flows for an organization. Prepares financial statements and business activity and forecasting reports; supervises accounting and preparation of financial reports; advises management with regard to finance decisions.
$165,813 / year median in the U.S.
+8% projected growth
Job Description
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Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.Job Summary Summary:
- Responsible for the efficient, effective oversight of Revenue Cycle Financial Management activities and teams.
No Essential Functions:
- Implements the strategic direction for Rev. Cycle Financial Management and collaborates with direct reports to drive alignment.
- Manages day-to-day practice of Revenue Cycle Financial Management teams, including identifying and monitoring team success metrics and activities related to Vendor & Tech. Operations and Budget.
- Conduct in-depth financial analysis of revenue cycle processes to identify opportunities for revenue enhancement and cost reduction.
- Prepare and present comprehensive financial reports, including variance analysis, revenue forecasts, and profitability assessments, to senior leadership and key stakeholders.
- Lead the budgeting and forecasting processes for revenue cycle operations, including patient billing, collections, and reimbursement.
- Collaborate with finance and accounting teams to develop accurate revenue projections, expense budgets, and financial plans.
- Develop a comprehensive strategy to reduce the cost and complexity of the vendor network through standardization / enhanced technology.
- Manage and mentor a team of financial analysts, revenue cycle specialists, and support staff, providing guidance, coaching, and professional development.
- Identifies and solves technical and operational problems; understands and recognizes broader impact across the department.
- Comprehensive understanding of healthcare billing, coding, and reimbursement processes, including Medicare, Medicaid, and commercial payers.
- Familiarity with revenue cycle management systems and technologies.
- Strong analytical skills and the ability to use data-driven insights to make informed decisions.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Problem-solving and critical-thinking abilities, with a focus on continuous process improvement. Additional Job Details (if applicable) Remote Type Remote Work Location 399 Revolution Drive Scheduled Weekly Hours 40 Employee Type Regular Work Shift Day (United States of America) Pay Range $99,465.60
- $144,643.
EEO Statement:
0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran's Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857- 282-7642.