Vice President, Revenue Cycle Management- Remote

Reposted 7 Days Ago
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Hiring Remotely in Parsippany-Troy Hills Township, NJ, USA
In-Office or Remote
Expert/Leader
Healthtech
The Role
Leads revenue cycle management and accounts receivable operations, including insurance collections, denied-claim appeals, reimbursement analysis, client issue resolution, and payment trend reporting. Provides expertise on financial responsibility, healthcare regulations, insurance practices, and billing processes. Oversees team performance, supports business development, protects patient health information under HIPAA, and establishes operational priorities and corrective recommendations for clients.
Summary Generated by Built In

Job Purpose

The Vice President, Revenue Cycle Management will oversee the A/R team responsible for collecting outstanding insurance balances, appealing denied claims, and resolving A/R for our clients.  The Vice President, Revenue Cycle Management will have a major impact on the ongoing partnership with clients by demonstrating finesse with client relationships, thorough knowledge of client needs and Revenue Cycle operational expertise.  

 

Duties and Responsibilities

  • Provide assistance/resolution to external and internal client inquiries 
  • Prepare reports or logs as required 
  • Act as a technical expert in regards to financial class responsibility, to answer questions raised by clients and team members 
  • Maintain a current working knowledge of all healthcare related issues and regulations
  • Report any detected trends in payments or denials, as well as procedural problems, to the client and make recommendations regarding the correction of these trends and/or problems
  • Learn and comply with organizational and departmental policies and procedures 
  • Analyze and solve problems quickly and thoroughly 
  • Establish realistic goals and priorities concurrent with organizational objectives 
  • Provide support to the Business Development team during the sales process
  • Responsible for ensuring that remote client access to is disabled for terminated or transferred employees when applicable in a timely fashion
  • Other duties as assigned
  • Use, protect and disclose patients’ protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
  • Understand and comply with Information Security and HIPAA policies and procedures at all times
  • Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties


Qualifications

  • BS in Accounting or Finance, MBA and/or CPA highly desirable
  • 10+ years in progressively responsible financial leadership roles, preferably in acute care setting or comparable Revenue Cycle company
  • Analytical and problem solving skills, the ability to understand complex reimbursement structures and the ability to apply contractual and governmental regulations to billing processes
  • Knowledge of governmental, legal and regulatory provisions related to collection activity 
  • Knowledge of insurance company practices regarding reimbursement
  • Proficiency in Microsoft Office Suite
  • Strong interpersonal skills, ability to communicate well at all levels of the organization
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
  • High level of integrity and dependability with a strong sense of urgency and results oriented 
  • Excellent written and verbal communication skills required


Working Conditions

 

  • Must possess a smart-phone or electronic device capable of downloading applications, for multifactor authentication and security purposes
  • Physical Demands: While performing the duties of this job, the employee is occasionally required to move around the work area; Sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear
  • Mental Demands: The employee must be able to follow directions, collaborate with others, and handle stress
  • Work Environment: The noise level in the work environment is usually minimal

 

Med-Metrix will not discriminate against any employee or applicant for employment because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, veteran status, other non-merit based factors, or any other characteristic protected by federal, state or local law.

Skills Required

  • Bachelor’s degree in Accounting or Finance
  • MBA and/or CPA
  • 10+ years of progressively responsible financial leadership experience, preferably in an acute care setting or comparable revenue cycle company
  • Analytical and problem-solving skills, including the ability to understand complex reimbursement structures and apply contractual and governmental regulations to billing processes
  • Knowledge of governmental, legal, and regulatory provisions related to collection activity
  • Knowledge of insurance company reimbursement practices
  • Proficiency in Microsoft Office Suite
  • Strong interpersonal and communication skills across all organizational levels
  • Strong problem-solving and creative skills, with sound judgment and the ability to make decisions based on accurate and timely analyses
  • High integrity, dependability, urgency, and results orientation
  • Excellent written and verbal communication skills
  • Smartphone or electronic device capable of downloading applications for multifactor authentication and security purposes
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The Company
HQ: Parsippany, NJ
189 Employees
Year Founded: 2010

What We Do

Med-Metrix is a leading provider of performance management analytics, consulting, extended business office, and revenue recovery services to the healthcare industry. Our firm was founded by a veteran management team with a successful track record providing superior service and technology to Hospitals.

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