Revenue Cycle Director directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Director tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Overview
The Revenue Cycle Services – Director is responsible for leading Revenue Cycle operations for all assigned Revenue Cycle Services teams in the West Central Region, which includes IU Health Arnett, White Memorial and Frankfort Hospitals. The Director provides departmental administrative decision making, leadership, and strategic planning, including the efficient and productive use of personnel and other financial resources. They ensure high quality standardized work processes that result in consistent outcomes that compare favorably with relevant national benchmarks. This solutions-focused leader coordinates with other Directors and Executive Directors to ensure consistent leadership and standards across the division. This individual must possess strong subject matter expertise and leadership to support a diverse and complex operating environment and span of control.
ADDITIONAL OPPORTUNITIES INCLUDE:
FLEXIBLE WORK AND TOTAL REWARDS:
QUALIFICATIONS/KNOWLEDGE/SKILLS/ABILITIES:
Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.
IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.
Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.