Role: Director of Revenue Cycle Management (RCM)
Overview:
Kare Partners is seeking a highly experienced and strategic Director of Revenue Cycle Management (RCM) to lead and optimize the company’s revenue cycle operations. This individual will be responsible for overseeing all aspects of RCM, ensuring efficient processes, and driving revenue growth. Candidates should have experience working in companies with over $100 million in annual revenue and possess some background in a controller or assistant controller role.
Key Responsibilities:
- Lead and manage all aspects of revenue cycle operations, including billing, collections, denial management, coding, and compliance.
- Develop and implement strategies to optimize revenue capture and minimize losses throughout the revenue cycle.
- Collaborate with executive leadership to align RCM strategies with organizational goals, ensuring sustainable financial growth.
- Oversee and improve financial processes, ensuring compliance with industry regulations, payor guidelines, and best practices.
- Identify and analyze key performance metrics, implementing process improvements to drive efficiency, reduce cycle time, and enhance cash flow.
- Manage and mentor the RCM team, fostering a culture of continuous improvement and accountability.
- Collaborate with finance, operations, and clinical teams to ensure cohesive workflows that support the timely and accurate capture of revenue.
- Monitor trends in reimbursement, regulatory changes, and industry developments, ensuring Kare Partners remains compliant and competitive.
- Develop and oversee budgets for the RCM department, ensuring financial targets are met.
- Lead or contribute to financial audits and risk assessments related to revenue cycle processes.
- Coordinate with the IT department to ensure that RCM systems and technologies are fully optimized and up to date.
Qualifications:
- Bachelor's degree in Business, Accounting, Finance, Healthcare Administration, or a related field; Master’s degree preferred.
- Minimum of 7-10 years of experience in revenue cycle management, including at least 3 years in a leadership role.
- Proven experience working with a company generating over $100 million in annual revenue.
- Background in a controller or assistant controller role, with a solid understanding of financial management, budgeting, and reporting.
- Deep knowledge of healthcare billing, collections, coding, and compliance processes.
- Strong leadership and management skills with a track record of building and leading high-performing teams.
- Excellent analytical, problem-solving, and decision-making abilities.
- Proficient with RCM software and healthcare technologies, with the ability to leverage technology for process improvement.
- Ability to communicate effectively with internal and external stakeholders, including executive leadership, clinical staff, and payors.
Preferred Skills:
- Certified Revenue Cycle Representative (CRCR), Certified Healthcare Financial Professional (CHFP), or similar credentials.
- Experience in managing multi-state or multi-site healthcare organizations.
- Expertise in implementing automation and system improvements in RCM processes.
Why Join Kare Partners?
Kare Partners is a leading healthcare provider committed to delivering quality care and exceptional service. We are passionate about what we do and are always looking for innovative ways to improve our services and grow our team. As the Director of RCM, you will have the opportunity to make a significant impact on the company’s financial health and operational success.
Kare Partners is an Equal Employment Opportunity Employer that values and encourages diversity.
