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Director, Healthcare Revenue Management

Remote:

Full Remote

Contract:

Full time

Salary:

17 - 134K yearly

Experience:

Expert & Leadership (>10 years)

Work from:

United States

Offer summary

Qualifications:

Bachelor Degree in Business or related field, 10 years of experience in Healthcare Revenue Cycle, 5 years of experience in Pharmacy Claims Processing.

Key responsabilities:

Develop and maintain revenue reporting and analysis systems
Oversee daily operations of revenue cycle management functions
Manage key reporting for strategic goals on reducing expenses
Provide executive reporting on healthcare revenue metrics
Drive change initiatives to improve financial outcomes

RITE AID Pharmaceuticals XLarge https://www.riteaid.com/

10001 Employees

See more RITE AID offers

Job description

The primary purpose of this position is to develop and maintain a revenue system of reporting and analysis that measures and monitors the Company's cash receipts of Third-Party Insurance claims (70% ($9 Billion) of the Company's revenue). This ensures the Company's cash collections and accounts receivable aging are appropriate and timely, thereby reducing the company's bad debt expense and increased cash flow.

Oversee and support the daily operations of all revenue cycle cycle management functions. Specifically, a) Payer latency, non-payments, and short payments. B) Identification of Third-Party System process issues.
Manage key reporting and analysis activities which support the company's overall strategic goal of reducing the company's expenses, specifically bad debt expense. This will include monitoring of accounts receivable aging reports, days sales outstanding, Company's bad debt waterfall schedules, and borrowing base analysis for the Company’s secured debt.
Provide executive reporting on key Healthcare revenue metrics and key performance indicators (KPI) to ensure awareness of the company’s liquidity status.
Identifies areas for improvements and drives change initiatives to improve overall Revenue Cycle Management operations and financial outcomes

EDUCATION REQUIREMENTS

Education Level

Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)

Required Or Preferred

Bachelor Degree

Business or Related field; or equivalent combination of education and experience

Required

WORK EXPERIENCE

Experience

Areas of Experience (Pharmacy, Compliance, E-commerce, Retail, etc)

Required Or Preferred

10 years of experience in Healthcare Revenue Cycle and Accounting

Required

5 years of experience in Pharmacy Claims Processing