JOB DESCRIPTION OVERVIEW:
The Assistant Vice President of Revenue Cycle is an executive level position and is a key member of HCFS. The Assistant Vice President has the overall responsibility for management of Patient Accounts, A/R Management, Over Provisions, Denials/Appeals, and Eligibility Departments. The Assistant Vice President of Revenue Cycle plans, organizes, directs, and controls the organizational elements necessary to insure that corporate goals and standards are achieved. This includes management oversight of all areas from point of receipt to accurate adjudication of patient accounts, process execution to meet cash/collection targets, and leadership and development of staff. It is expected that this position will interact daily with billing center management, Vice President and other TeamHealth billing center Vice Presidents and Assistant Vice Presidents throughout the country. Also, the AVP may regularly visit other TeamHealth billing centers locations to achieve results and identify areas of opportunity.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Accomplishes above-average achievements while exceeding financial metric targets within defined budgets.
- Analyze internal revenue cycle reports and productivity measures to identify issues and effect appropriate change to optimize reimbursement.
- Establish professional relationship with seasoned management team and be instrumental in the professional development and ensure succession opportunities exist for all staff within the respective areas of responsibility.
- Participate in strategic planning and execution of the billing center and TeamHealth initiatives.
- Coordination with other billing center Senior leadership staff and peers to recognize and resolve issues impacting revenue cycle.
- Account receivable management to include posting of payments, processing improper paid claims, denial processing, and follow-up of unpaid claims.
- Staffing and production ratios.
- Communication and escalation of issues negatively effecting revenue.
- Human Resources and Compliance matters works closely with the HCFS senior management and business unit leaders to respond to operational needs.
- Maintain current knowledge of, and complies with established policies and procedures including patient confidentiality/patient rights/government, insurance, and other payor regulations.
- Maintain open and effective communication with Team Health region and division leadership related to billing performance.
Location/Region: Akron, OH