Director of Revenue Cycle Management

Posted 8 Days Ago
Be an Early Applicant
Northbrook, IL
7+ Years Experience
Healthtech
The Role
The Director of Revenue Cycle Management leads operational and financial activities for the revenue cycle. Responsibilities include managing provider enrollment, claims, payments, and ensuring compliance with standards. They oversee billing processes, manage collections, and support team development and performance evaluation. The role focuses on improving efficiencies and implementing best practices in revenue cycle operations.
Summary Generated by Built In

Cannot be remote. Hybrid possible after 90 days
Must have contacts/relationships with Private Insurance Illinois payers.
Must have experience in implementing/assisting with implementing a major EMR.

Job Summary

Director of Revenue Cycle is responsible for the direction and leadership of operational, financial, programmatic and personnel activities for Revenue Cycle, including provider enrollment, claims, payments, credit balance, insurance reimbursement, and self-pay management. 

Essential Responsibilities and Metrics

  • The Revenue Cycle Director will ensure that all teams are trained and compliant with standards and best practices. Responsible for revenue cycle initiatives and standardization of new technology and operational functions. The RCD will develop and implement systems, policies, procedures, and productivity standards. 
  • Oversee billing processes, ensuring accurate coding, submission, and follow-up on claims to maximize reimbursement. Manage the collections process, working to minimize accounts receivable and resolve billing discrepancies. 
  • Provide leadership and guidance to the team, ensuring the achievement of goals and objectives while fostering a positive and collaborative work environment. Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results, setting performance expectations and goals for team members. Conduct regular performance evaluations, provide feedback, and address performance issues.
  • Oversee the planning, execution, and completion of projects and initiatives within the team. 
  • Establish and monitor operational processes and workflows to streamline to enhance efficiency and productivity. Implement best practices, monitor key performance indicators (KPIs), and develop strategies to achieve operational excellence. 
  • Set performance expectations and goals for team members. Conduct regular performance evaluations, provide feedback, and address performance issues.
  • Identify skill gaps within the team and develop strategies for filling those gaps. Support employee development through training, mentoring, and coaching. Identify high-potential employees and create succession plans. 

Qualifications

  • Strong analytical skills, can translate complex data into clear action and can communicate it to junior and senior levels of the organization. Advanced Excel Sheets skills preferred.
  • Strong written and oral communication skills. 
  • Detailed-oriented, organized, and takes pride in the quality of their work. 
  • Strong problem-solving skills and ability to make timely decisions.
  • Preferred 8+ years experience in managing healthcare provider revenue cycle management; behavioral health and/or telemedicine billing and coding experience and or certifications are a plus. 
  • Knowledge of professional fee billing, reimbursement, third-party payer regulation, and medical terminology is required. Experience in creating rules around claims, credentialing and insurance for EMR 
  • Working knowledge of regulatory requirements pertaining to health care operations and their impact on operations. 
  • Experience with EMRs, including creating rules around claims, credentialing and insurance for EMR. Experience with SmartCare a plus.
  • Experience with and strong knowledge of insurance landscape (experience with mental health billing is a plus). 
The Company
HQ: Northfield, IL
197 Employees
On-site Workplace
Year Founded: 1951

What We Do

Josselyn is a nonprofit community mental health provider offering a full range of therapeutic care, including therapy, psychiatry, case management, art therapy, and employment support.

Josselyn’s mission of providing Mental Health for All ensures cost is not a barrier to receiving the highest quality mental health treatment and support.

Josselyn works with every client to ensure access to care regardless of income and insurance, including a sliding fee scale based on eligibility.

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