Manager - Revenue Cycle - Performance Improvement
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Role details
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Job description
The Corporate Business Office is seeking a dynamic and talented Revenue Cycle Manager of Continuous Improvement.
The Revenue Cycle Manager of Continuous Improvement is responsible for championing financial and patient experience-related success through the strategic planning and implementation of revenue cycle improvement projects in areas like automation, analytics and education. This position will work to identify opportunities for improvement in the revenue cycle and determine which areas to prioritize based on the organizationās current needs and future goals. In doing so, the Manager will collaborate with a variety of internal and external stakeholders, including other revenue cycle teams, clinical leaders, IT, and vendors. The Revenue Cycle Manager of Continuous Improvement will manage, champion, and coordinate revenue cycle initiatives to optimize workflows, determine the feasibility and value of implementing new tools and technology, perform market research to maintain market competitiveness, and articulate business cases for implementing changes. The Manager will oversee a team working directly with the Facilities and centralized business offices to maximize revenue capture and cash collections., * Provides revenue cycle governance and expertise while working collaboratively with facilities, central business offices, and others to establish standards and processes for efficient patient flow, maximum revenue capture and cash collections, and continuous improvement
- Manages a team of staff providing training, education, governance, and support to facilities and centralized functions performing front, middle, and back-end revenue cycle operations focused on improving KPIs and financial metrics
- Measures and monitors vendors providing outsourced services through regular meetings, KPIs, service reviews, and benchmarking
- Leads multiple projects to increase revenue capture and cash collections through process automation and optimization, advanced analytics, and new technology implementation
- Reviews patient accounting data to reduce accounts receivable through cash collections efforts, strategic workflow prioritization, and denials management
Requirements
- Bachelorās Degree plus 8-10 years of related experience required. A qualified candidate should have strong professional written and verbal communication skills, proficiencies in Microsoft Office tools (e.g., Word, Excel, etc.), and the ability to meet deadlines and multitask.
- A Revenue Cycle Manager must possess extensive knowledge of both healthcare revenue systems and operations, including specific and extensive experience with revenue cycle operations in Patient Access, Charge Capture, and Patient Financial Services.
- The Manager should demonstrate knowledge of an experience with improving operations through dedicated frameworks, cross-functional communication and collaboration, and excellent organizational and time management skills.
- The Manager should have the ability to analyze and use large data to drive and measure outcomes, create efficient and effective solutions to complex business issues, and remain knowledgeable of industry regulations and trends. Specific experience improving revenue capture, cash collections, billing and collections operations is highly desired. Certification or experience with lean or six sigma process improvement methodologies is preferred.
Benefits & conditions
- Challenging and rewarding work environment
- Growth and development opportunities within UHS and its subsidiaries
- Competitive Compensation
- Excellent Medical, Dental, Vision and Prescription Drug Plan
- 401k plan with company match
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Generous Paid Time Off
- UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc. and a wholly-owned subsidiary of Universal Health Services, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its management company, UHS of Delaware, Inc. All healthcare and management operations are conducted by subsidiaries of Universal Health Services, Inc. To the extent any reference to āUHS or UHS facilitiesā on this website including any statements, articles or other publications contained herein relates to our healthcare or management operations it is referring to Universal Health Servicesā subsidiaries including UHS of Delaware. Further, the terms āwe,ā āus,ā āourā or āthe companyā in such context similarly refer to the operations of Universal Health Servicesā subsidiaries including UHS of Delaware. Any employment referenced in this website is not with Universal Health Services, Inc. but solely with one of its subsidiaries including but not limited to UHS of Delaware, Inc.
About the company
Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nationās largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500Ā® corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom. www.uhs.com.
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