About Us:
Meduit is a national leader in healthcare revenue cycle management, supporting hospitals and physician practices in 48 states. We focus on optimizing payments, allowing clients to focus on patient care, and pride ourselves on our core values: Integrity, Teamwork, Continuous Improvement, Client-Focused, and Results-Oriented. Learn more at www.meduitrcm.com.
About the Role:
The VP of Operations will set the strategy for technology growth within the Insurance vertical, partnering with development teams on new solutions. This role is accountable for the full P&L and client results for the Insurance line of business; meeting or exceeding budgeted financial goals, optimizing the service delivery model, onboarding & implementation of new Insurance projects and selectively participating in the sales process as needed (and where warranted) to assist in closing new business or growing existing relationships with key clients.
Key Responsibilities:
Set the strategy for technology growth and partner with development teams on new solutions for determining best technology, including AI/RPA and automation
Preserve and enhance top line revenue associated with our Insurance line of business (LOB) for all locations within Meduit
Maximize client performance and profitability of the respective service line, that is derived from the associated top line revenue
Ensure the highest standards of customer service, process innovation, technology maximization and operational effectiveness are being achieved so that superior service is delivered to the client while also executing on the utmost of operational effectiveness and efficiency
Serve as the national leader and subject matter expert for the Insurance LOB across multiple Meduit sites and work to promote a combined insurance organization
Provide input on pricing new business and financial modeling for complexity and liquidation with understanding the profitability of LOB. Participate in problem solving for clients who are not meeting their profitability targets
Oversee and improve the end-to-end operating model for new client intake, configuration and ongoing service protocols to ensure that we deliver service at or above the levels we committed to
Required Qualifications:
Bachelor’s degree in business administration, health care administration or other relevant degree that delivers analytical skills and abilities
10 to 15 years’ experience with appropriate healthcare transactions such as billing & follow up, denials management, underpayments/zero payments, etc. that ultimately results in deep subject matter expertise in Insurance Line of Business practices
Knowledge of the competitive Insurance Line of Business landscape
Prior P&L and budget management experience
Prior experience leading total team size of 250 or larger, both onsite & remote
Prior experience leveraging a domestic, nearshore, and offshore workforce
Strong analytical skills to assess current performance and make recommendations for business improvement
Effective persuasion and influence skill to drive change internally and client results externally
Preferred Qualifications:
Master’s degree
Client-facing experience
Blend of Provider & Vendor experience
Employment eligibility:
Must be legally authorized to work in the United States without sponsorship
As a condition of employment, a pre-employment background check will be conducted
At this time, we are unable to consider candidates residing in the state of New York for this position
What We Offer:
Comprehensive paid training
Medical, dental, and vision insurance
HSA and FSA available
401(k) with company match
Paid Wellness Time and Holidays
Employer paid life insurance and long-term disability
Internal growth opportunities
Meduit is an Equal Opportunity Employer. We do not discriminate based on any protected class and welcome applicants from all backgrounds, consistent with applicable laws. Employment is contingent upon successful completion of a background check, satisfactory references, and any required documentation.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
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Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Top Skills
What We Do
Meduit was born out of a drive for excellence and a passion for new ideas for improving revenue cycle management for healthcare organizations and the patients they serve. Today, Meduit is a parent organization where leading RCM companies, including MedA/Rx and Receivables Management Partners (RMP), collaborate to identify and measure best practices, leverage one another's unique strengths, collaborate for results, and serve healthcare clients on a unified solutions platform. Meduit is one of the nation’s leading Revenue Cycle Management (RCM) companies with decades of experience in the RCM healthcare arena, serving more than 500 hospital and physician practices in 47 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a compassionate and supportive approach to patient engagement. Meduit significantly improves financial, operational and clinical performance, maximizing cash acceleration and ensuring that healthcare organizations can dedicate their resources to providing more quality healthcare services to more patients.
