Vice President of Revenue Cycle
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Adventist HealthCare
Gaithersburg, MD (In Person)
$311,431 Salary, Full-Time
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Job Description
Vice President, Ambulatory Revenue Cycle
Support CenterIf you are a current Adventist HealthCare employee, please click this link to apply through your Workday account.
Adventist HealthCare seeks to hire an experienced Vice President of Revenue Cycle for our Ambulatory Revenue Cycle department who will embrace our mission to extend God's care through the ministry of physical, mental, and spiritual healing.
Reporting to the Senior Vice President and Chief Financial Officer for Adventist HealthCare, the Vice President of Revenue Cycle plays an essential role in ensuring the success and financial stability of the Health System. The Vice President of Revenue Cycle is responsible for overseeing and optimizing the entire revenue cycle for ambulatory services. This role involves strategic planning, execution, and continuous improvement of revenue cycle processes to maximize financial performance. The VP will work in partnership with entity CFOs, the VP of Hospital Revenue Cycle and various departments to ensure efficient billing, coding, collections, and reimbursement processes while maintaining compliance with regulatory standards.
As a Vice President of Revenue Cycle, you will:
Adventist HealthCare seeks to hire an experienced Vice President of Revenue Cycle for our Ambulatory Revenue Cycle department who will embrace our mission to extend God's care through the ministry of physical, mental, and spiritual healing.
Reporting to the Senior Vice President and Chief Financial Officer for Adventist HealthCare, the Vice President of Revenue Cycle plays an essential role in ensuring the success and financial stability of the Health System. The Vice President of Revenue Cycle is responsible for overseeing and optimizing the entire revenue cycle for ambulatory services. This role involves strategic planning, execution, and continuous improvement of revenue cycle processes to maximize financial performance. The VP will work in partnership with entity CFOs, the VP of Hospital Revenue Cycle and various departments to ensure efficient billing, coding, collections, and reimbursement processes while maintaining compliance with regulatory standards.
As a Vice President of Revenue Cycle, you will:
- Develop and implement strategies to optimize the end-to-end revenue cycle for ambulatory services.
- Oversee billing, coding, collections, and reimbursement processes to ensure accuracy and efficiency
- Monitor key performance indicators (KPIs) and implement improvements to enhance financial performance
- Collaborate with clinical and administrative staff to streamline workflows and reduce denials and write-offs
- Lead and mentor a team of revenue cycle and managed care professionals.
- Foster a culture of continuous improvement, accountability, and collaboration.
- Provide regular training and development opportunities for team members.
- Ensure compliance with all federal, state, and local regulations related to revenue cycle and managed care.
- Develop and implement policies and procedures to mitigate risk and ensure ethical billing practices.
- Stay current with industry trends, regulations, and best practices.
- Prepare and present regular reports on revenue cycle performance.
- Conduct financial analysis to identify trends, opportunities, and areas for improvement.
- Develop and manage the department budget, ensuring alignment with organizational Qualifications include:
- Excellent communication and negotiation skills, both written and verbal
- Strong knowledge in revenue cycle best practices.
- In-depth knowledge of reimbursement methodologies, insurance regulations and industry trends
- Strong financial acumen and ability to analyze complex financial data and make data-driven decisions
- Strong organization skills with the ability to prioritize and manage multiple projects simultaneously
- Customer and relationship focused, and results oriented
- Bachelor's degree in healthcare administration, business administration, or a related field. Master's degree preferred.
- Extensive experience (10 years) in healthcare revenue cycle covering multiple functions within revenue cycle. Extensive knowledge of ambulatory services.
- 5 years of leadership role overseeing revenue cycle functions.
Work Schedule:
Executive PositionPay Range:
$249,144.83 - $373,717.24 If the salary range is listed as $0 or if the position is Per Diem (with a fixed rate), salary discussions will take place during the screening process. Under the Fair Labor Standards Act (FLSA), this position is classified as: United States of America (Exempt) At Adventist HealthCare our job is to care for you. We do this by offering:- Work life balance through nonrotating shifts
- Recognition and rewards for professional expertise
- Free Employee parking
- Medical, Prescription, Dental, and Vision coverage for employees and their eligible dependents effective on your date of hire
- Employer-paid Short & Long-Term Disability, Basic Life Insurance and AD&D, (short-term disability buy-up available)
- Paid Time Off
- Employer retirement contribution and match after 1-year of eligible employment with a 3-year vesting period
- Voluntary benefits include flexible spending accounts, legal plans, and life, pet, auto, home, long term care, and critical illness & accident insurance
- Subsidized childcare at participating childcare centers
- Tuition Reimbursement
- Employee Assistance Program (EAP) support As a faith-based organization, with over a century of caring for the communities in the Maryland area, Adventist HealthCare has earned a reputation for high-quality, compassionate care.
COVID-19
Vaccination Adventist HealthCare strongly recommends all applicants to be fully vaccinated forCOVID-19
before commencing employment. Applicants may be required to furnish proof of vaccination. Tobacco and Drug Statement Tobacco use is a well-recognized preventable cause of death in the United States and an important public health issue. In order to promote and maintain a healthy work environment, Adventist HealthCare will not hire applicants for employment who either state that they are nicotine users or who test positive for nicotine and drug use. While some jurisdictions, including Maryland, permit the use of marijuana for medical purposes, marijuana continues to be classified as an illegal drug under the federal Controlled Substances Act. As a result, medical marijuana use will not be accepted as a valid explanation for a positive drug test result. Adventist HealthCare will withdraw offers of employment to applicants who test positive for Cotinine (nicotine) and marijuana. Those testing positive are given the opportunity to re-apply in 90 days, if they can truthfully attest that they have not used any nicotine products in the past ninety (90) days and successfully pass follow-up testing. ("Nicotine products" include, but are not limited to: cigarettes, cigars, pipes, chewing tobacco, e-cigarettes, vaping products, hookah, and nicotine replacement products (e.g., nicotine gum,Visit the Employer site for more detailsSimilar jobs in Gaithersburg, MD
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