Director of Revenue Cycle Operations- 10668 bei Colorado Coalition for the Homeless
Colorado Coalition for the Homeless · Denver, Vereinigte Staaten Von Amerika · On-site
- Optionales Büro in Denver
Additional Requirement
- Valid driver’s license required. This requirement may be waived, if necessary, based on overall candidate experience and current needs of the business.
Coalition Benefits
- Choice of HMO or PPO health insurance coverage options: full-time employees contribute only 1% of their earnings for their own HMO health coverage and no more than 4% of their earnings for coverage of eligible dependents. We’re proud to offer same-and opposite-sex domestic partner coverage.
- Choice of dental insurance or discount plan.
- Vision insurance.
- Flexible spending accounts for health care / dependent care / parking expenses.
- Free basic life and AD&D insurance coverage.
- Employee Assistance Program, a problem-solving resource available to you and your household members.
- Dollar-for-dollar retirement plan matching contributions up to 5% of earnings with 3-year vesting.
- Extensive paid time-off, including 9 holidays, 12 days of sick leave, and three weeks of vacation for new full-time employees in their first year.
Essential Job Functions
- Ensure all revenue cycle operations are in compliance with relevant federal, state, and payer regulations, including HIPAA, ICD-10, CPT-4, HCPCS, and payer-specific guidelines.
- Conduct regular audits of coding, billing, and documentation practices to identify and address discrepancies, ensuring accuracy and compliance.
- Play a key leadership role in financial audits.
- Oversee denial management processes, collaborating with billing teams to analyze, resolve, and reduce denials and rejection rates.
- Implement strategies to improve claim acceptance and expedite payment turnaround times.
- Contribute the development and management of operational budgets, forecasts, and financial models to ensure the achievement of organizational financial objectives.
- Conduct cost analysis and develop financial models to support decision-making, improve cost efficiency, and identify opportunities for savings.
- Process Improvement and Financial Systems Optimization
- Continuously assess and optimize financial systems, processes, and workflows to improve efficiency, reduce operational risks, and enhance the overall revenue cycle process.
- Drive process improvements and leverage technology for automation to streamline procedures and improve operational performance.
- Collaboratively be point of contact for payer-related issues, including disputes, claims denials, and reimbursement challenges while engaging leadership who also contribute to those areas.
- Oversee and manage the credentialing team, processes, and ensuring timely enrollment with payers and maintaining compliance with payer requirements.
- Hold direct oversight of mid-level management for the credentialing department.
- Oversee the representative payee program, ensuring compliance with relevant regulations and standards.
- Provide financial guidance and strategic support to various business units, aligning financial goals with operational objectives to drive improvements and achieve organizational priorities.
- Lead, mentor, and manage a team of financial operations professionals, fostering a culture of continuous improvement, high performance, and cross-departmental collaboration.
- Work closely with the Financial Controller to ensure alignment on financial reporting, compliance, and areas where operational finance intersects with cost optimization.
- Prepare regular reports for senior leadership on the health of the revenue cycle, including trends, issues, and areas for improvement.
- Provide actionable insights and recommendations to enhance financial outcomes and drive improvements in revenue cycle operations.
Qualifications Summary
- Bachelor’s degree in healthcare administration, finance, accounting, business, or a related field.
- 5-7 years of experience in healthcare revenue cycle management, financial operations, or a similar leadership position, with a strong background in coding, billing, collections, payer relations, and operational finance.
- Expertise in healthcare billing, finance, and accounting principles.
- Ability to successfully manage numerous tasks simultaneously.
- Ability to present multiple levels of staff from VPs to directors, managers, providers, and to ancillary staff.
- Requires excellent oral and written communication skills.
- Define problems, collect data, establish facts, and draw valid conclusions.
- Ability to conduct training sessions and provide professional, accurate feedback on performance as needed.
- Proficiency in Microsoft and NextGen preferred.
- Proficiency in ICD-10, CPT-4, HCPCS preferred.