RVP, Revenue Cycle Management

Reposted 3 Days Ago
Be an Early Applicant
Downers Grove, IL
In-Office
148K-211K Annually
Senior level
Healthtech
The Role
The RVP, Revenue Cycle Management oversees billing, manages large teams, drives process improvement, and ensures alignment with budgetary and compliance targets.
Summary Generated by Built In

At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with 350+ facilities across the US and 22,000 teammates in over 90 countries, we provide integrated technologies, products and services across the full continuum of care. Customers—and their patients—are at the heart of what we do.

Our mission is to empower our customers to advance healthcare, and our success starts with our teammates. 

Owens & Minor teammate benefits include:

  • Medical, dental, and vision insurance, available on first working day

  • 401(k), eligibility after one year of service

  • Employee stock purchase plan

  • Tuition reimbursement

The anticipated pay range for this role is as follows:$147,840.00-$211,200.00 Annual.The actual compensation offered may vary based on job-related factors such as experience, skills, education, and location.

The Regional Vice President (RVP), Revenue Cycle Management is responsible for the strategic oversight and management of billing and reimbursement on provided healthcare products. Managing large onshore and offshore teams in various revenue cycle related roles. The RVP, Revenue Cycle Management reports to the National Vice President, Revenue Cycle Management. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Evaluate and lead efforts to improve revenue cycle key performance indicators (KPIs)

  • Drive process and quality enhancements in an agile environment, to improve revenue cycle KPIs

  • Manage large portfolio of Account Receivables (AR) through payment resolution

  • Manage cross-functional teams within revenue cycle to resolve reimbursement related issues or opportunities

  • Lead and support continuous process improvement initiatives to enhance operational efficiency, optimize workflows, and foster innovation within the revenue cycle

  • Partner with Managed Care on ongoing payor issues and resolution

  • Work directly with payor entities on ongoing claims/payment issues through resolution

  • Manage/partner with external/offshore vendor relationships and performance on revenue cycle KPIs

  • Foster cross-functional organizational relationships to identify and resolve reimbursement issues or opportunities

  • Develop and analyze reports to identify opportunities, trends, and implement action plans to improve revenue cycle KPIs

  • Direct and monitor the financial performance of the department, ensuring alignment with budgetary targets and minimizing operational losses

  • Comply with all compliance, legal and regulatory requirements

  • Effectively coach and develop new and existing teammates within the reimbursement organization to achieve continued success and meet business challenges in addition to maintaining Byram’s mission, values, and strategies

  • Performs other duties as required

SUPERVISORY RESPONSIBILITIES

  • This position manages all subordinate teammates of the department and is responsible for the performance management, hiring, and discipline of subordinate teammates within the department.

MINIMUM REQUIRED QUALIFICATIONS

Education and/or Experience

  • Four year college degree or equivalent experience is required.

  • Eight years of related experience is required

Certificates, Licenses, Registrations or Professional Designations

  • N/A

SKILLS, KNOWLEDGE AND ABILITIES

  • Business Acumen

  • Problem Solving/Analysis

  • Communication Proficiency

  • Personal Effectiveness/Credibility

  • Familiar with and interpret insurance benefits and possess the ability to explain insurance benefits as well as the adjudication process to others

  • Experience in and understanding of a large scale production environment in a Payor or provider organization that would include systems and reimbursement methodologies for both payers and providers

Computer Skills

  • Intermediate skills in Access, Excel, PowerPoint, Word, Vision, MS Project

  • Intermediate data entry skills

Language Skills

  • English (reading, writing, verbal).

Mathematical Skills

  • Intermediate level of mathematical proficiency
  • Strong ability to understand, interpret, modify and develop spreadsheet data

Other Skills

            N/A

PHYSICAL DEMANDS

This is a stationary position that requires frequent sitting or standing, repetitive wrist motions, grasping, speaking, listening, close vision, color vision, and the ability to adjust focus.  It also may require occasional lifting, carrying, walking, climbing, kneeling, bending/stooping, twisting, pulling/pushing, walking, bending, stooping, and reaching above the shoulder.  Teammates in this position must be physically able to efficiently perform the essential functions of the position. Reasonable accommodations will be provided to assist or enable qualified individuals with disabilities to perform the essential functions of the position, upon request.

WORK ENVIRONMENT

Work is performed in an office setting with exposure to moderate noise. 

TRAVEL

Occasional travel as required.

OTHER INFORMATION

The essential duties and responsibilities, physical requirements, and work environment described above are representative of those typically required for this position but may vary depending on staffing and business needs at specific locations. The inclusion or omission of a specific duty or physical requirement is, therefore, not determinative of whether that function is essential to a specific individual’s position.

If you feel this opportunity could be the next step in your career, we encourage you to apply. 

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

Top Skills

Access
Excel
Ms Project
PowerPoint
Vision
Word
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Mechanicsville, VA
12,252 Employees
Year Founded: 1882

What We Do

Owens & Minor, Inc. (NYSE: OMI) is a Fortune 500 global healthcare solutions company providing essential products and services that support care from the hospital to the home.

For over 100 years, Owens & Minor and its affiliated brands, Apria® , Byram®, and HALYARD*, have helped to make each day better for the patients, providers, and communities we serve.

Powered by more than 20,000 teammates worldwide, Owens & Minor delivers comfort and confidence behind the scenes so healthcare stays at the forefront. Owens & Minor exists because every day, everywhere, Life Takes Care™.

Similar Jobs

ServiceNow Logo ServiceNow

Corporate Counsel

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Chicago, IL, USA
194K-340K Annually

ServiceNow Logo ServiceNow

Engagement Manager

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Addison, IL, USA

ServiceNow Logo ServiceNow

Industry Partner Go to Market Lead - Insurance

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Chicago, IL, USA
124K-204K Annually

ServiceNow Logo ServiceNow

Architect

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Addison, IL, USA

Similar Companies Hiring

Axle Health Thumbnail
Logistics • Information Technology • Healthtech • Artificial Intelligence
Santa Monica, CA
17 Employees
Camber Thumbnail
Social Impact • Healthtech • Fintech
New York, NY
53 Employees
Sailor Health Thumbnail
Telehealth • Social Impact • Healthtech
New York City, NY
20 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account