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RVP, Revenue Cycle Management

RVP, Revenue Cycle Management

Owens & MinorDowners Grove, IL, US
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Regional Vice President, Revenue Cycle Management

At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with 350+ facilities across the US and 22,000 teammates in over 90 countries, we provide integrated technologies, products and services across the full continuum of care. Customersand their patientsare at the heart of what we do.

Our mission is to empower our customers to advance healthcare, and our success starts with our teammates.

Owens & Minor teammate benefits include :

  • Medical, dental, and vision insurance, available on first working day
  • 401(k), eligibility after one year of service
  • Employee stock purchase plan
  • Tuition reimbursement

The Regional Vice President (RVP), Revenue Cycle Management is responsible for the strategic oversight and management of billing and reimbursement on provided healthcare products. Managing large onshore and offshore teams in various revenue cycle related roles. The RVP, Revenue Cycle Management reports to the National Vice President, Revenue Cycle Management.

Essential Duties And Responsibilities

  • Evaluate and lead efforts to improve revenue cycle key performance indicators (KPIs)
  • Drive process and quality enhancements in an agile environment, to improve revenue cycle KPIs
  • Manage large portfolio of Account Receivables (AR) through payment resolution
  • Manage cross-functional teams within revenue cycle to resolve reimbursement related issues or opportunities
  • Lead and support continuous process improvement initiatives to enhance operational efficiency, optimize workflows, and foster innovation within the revenue cycle
  • Partner with Managed Care on ongoing payor issues and resolution
  • Work directly with payor entities on ongoing claims / payment issues through resolution
  • Manage / partner with external / offshore vendor relationships and performance on revenue cycle KPIs
  • Foster cross-functional organizational relationships to identify and resolve reimbursement issues or opportunities
  • Develop and analyze reports to identify opportunities, trends, and implement action plans to improve revenue cycle KPIs
  • Direct and monitor the financial performance of the department, ensuring alignment with budgetary targets and minimizing operational losses
  • Comply with all compliance, legal and regulatory requirements
  • Effectively coach and develop new and existing teammates within the reimbursement organization to achieve continued success and meet business challenges in addition to maintaining Byram's mission, values, and strategies
  • Performs other duties as required

    • Supervisory Responsibilities

  • This position manages all subordinate teammates of the department and is responsible for the performance management, hiring, and discipline of subordinate teammates within the department.

    • Minimum Required Qualifications

    Education and / or Experience

  • Four year college degree or equivalent experience is required.
  • Eight years of related experience is required.

    • Certificates, Licenses, Registrations or Professional Designations

  • N / A

    • Skills, Knowledge And Abilities

  • Business Acumen
  • Problem Solving / Analysis
  • Communication Proficiency
  • Personal Effectiveness / Credibility
  • Familiar with and interpret insurance benefits and possess the ability to explain insurance benefits as well as the adjudication process to others
  • Experience in and understanding of a large scale production environment in a Payor or provider organization that would include systems and reimbursement methodologies for both payers and providers

    • Computer Skills

  • Intermediate skills in Access, Excel, PowerPoint, Word, Vision, MS Project
  • Intermediate data entry skills

    • Language Skills

  • English (reading, writing, verbal).

    • Mathematical Skills

  • Intermediate level of mathematical proficiency
  • Strong ability to understand, interpret, modify and develop spreadsheet data

    • Other Skills

  • N / A

    • Physical Demands

    This is a stationary position that requires frequent sitting or standing, repetitive wrist motions, grasping, speaking, listening, close vision, color vision, and the ability to adjust focus. It also may require occasional lifting, carrying, walking, climbing, kneeling, bending / stooping, twisting, pulling / pushing, walking, bending, stooping, and reaching above the shoulder. Teammates in this position must be physically able to efficiently perform the essential functions of the position. Reasonable accommodations will be provided to assist or enable qualified individuals with disabilities to perform the essential functions of the position, upon request.

    Work Environment

    Work is performed in an office setting with exposure to moderate noise.

    Travel

    Occasional travel as required.

    The essential duties and responsibilities, physical requirements, and work environment described above are representative of those typically required for this position but may vary depending on staffing and business needs at specific locations. The inclusion or omission of a specific duty or physical requirement is, therefore, not determinative of whether that function is essential to a specific individual's position.

    If you feel this opportunity could be the next step in your career, we encourage you to apply. This position will accept applications on an ongoing basis.

    Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

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    Revenue Cycle Management • Downers Grove, IL, US