Vice President (Vp) Revenue Cycle

SUMMARY:

We are currently seeking a Vice President (VP) Revenue Cycle to join our team. This full time role will work days. Open to hybrid work.

Purpose of this position: Develops Revenue Cycle strategies under the direction of the Chief Financial Officer, and in collaboration with the Vice President of Finance, Ambulatory Leadership, Revenue Cycle Leadership Team and other organizational senior leadership & Providers. Directs the Patient Access, Financial Counseling, Financial Clearance, Self-Pay Eligibility & Disability, Integrated Health Information Management, Hospital & Physician Coding, Integrated Hospital and Physician Claims and Self-Pay Collections, Customer Service & Revenue Cycle Enhancement, including the PMO, Systems, Revenue Cycle Training and performance monitoring. Directs, in a dyad relationship, Hospital & Physician Documentation Integrity. Develops revenue cycle financial plans, goals and objectives to support HHS financial goals and annual plan commitments. Works in collaboration across HHS to improve performance, increase provider satisfaction

with revenue cycle and improve the patient and family experience.

RESPONSIBILITIES:

• Leads Revenue Cycle strategic plan objectives and operational goal setting and execution through

departmental leadership including Patient Access, Financial Counseling, Financial Clearance, Self-

Pay Eligibility & Disability, Integrated Health Information Management, Hospital & Physician Coding,

Integrated Hospital and Physician Claims and Self-Pay Collections, Customer Service & Revenue

Cycle Enhancement, including the PMO, Systems, and Revenue Cycle Training and performance

monitoring

• Directs, in a dyad relationship, Hospital & Physician Documentation Integrity

• Develops revenue cycle budgets, financial plans, Revenue Cycle annual plan and goals and

objectives to support HCMC financial goals and annual plan commitments

• Establishes priorities for consistent and sustainable Revenue Cycle improvement activities as well as establishes performance metrics and dashboards that support performance measurement and

departmental analytics

• Develops and oversees the implementation of RCM practices/policies and procedures as a result of

new laws and regulations that impact the Revenue Cycle as appropriate

• Lead efforts in collaboration with EHR to optimize HHS's use of Epic

• Lead efforts across HHS to improve performance, increase provider satisfaction and improve patient

and Family experience, as it relates to revenue cycle

• Responsible for compliance with all applicable billing regulations including Hospital Attorney General

Agreement, State of Minnesota Department of Revenue - Revenue Recapture, Affordable Care Act,

and HCMC Admissions and Treatment Policy

• Coordinate with Compliance Officer, Senior Director of Finance and other hospital staff to resolve

Charge compliance issues and improve charge capture accuracy in a timely manner

• Provide revenue cycle leadership on committees and special projects as assigned, including Revenue

Cycle Steering, and Physician Revenue Cycle Advisory Committee

• Develops Revenue Cycle leadership bench strength and creates appropriate succession plans to

ensure that seamless transitions within revenue cycle management are in place

QUALIFICATIONS:

Minimum Qualifications:

• Bachelor's Degree in Accounting, Finance, Business, or related field

• Ten years of financial management experience, including hospital and physician billing revenue management or reimbursement

• 5 years of leadership experience managing high performing management teams

• Physician Coding and Documentation Experience

• Leadership experience that includes successful experience applying business principles, including systems thinking, to the healthcare environment

• Demonstrated experience working with senior leadership teams, physicians, governance and external regulatory authorities

Knowledge/ Skills/ Abilities:

• Ability to interact and educate physicians on intricacies of Physician Interactions and Coding Education Billing

• Proven, successful, progressively responsible leadership, management and execution experience, including the ability to create a shared vision and successfully manage change to attain HCMC"s strategic goals and performance objectives

• Exhibits a strong presence of command

• Possesses a deep understanding of the healthcare system and the environment in which healthcare managers and providers function

• Exceptional verbal, written and presentation skills

• Strong performance integrating strategic/tactical operating plans

• Holds management teams accountable for their team results

• Skilled at championing efforts that increase productivity and goal accomplishment throughout HHS. Ability to meet deadlines and deliver results

• Strategic thinking, leadership and strong relationship management

• Ability to build and develop strong and diverse leadership teams

• Flexibility to adapt to changes/challenges in organizational strategy, priorities, direction and overcome resistance to change

• Excellent interpersonal skills and the ability to communicate and negotiate with people at all levels

• Excellent organizational, time management, prioritization and delivery skills

• Ability to develop and implement process improvements, preferably using Lean or Six Sigma methodologies

Preferred Qualifications:

• Master's degree strongly preferred