Who We Are:
Vori Health is an award-winning, nationwide, virtual-first, musculoskeletal medical practice focused on evidence-based care that treats the whole person. Using a unique care model to help patients find the best path forward, Vori Health connects patients to a trained care team that includes a nonoperative physical medicine physician, a health coach navigator, and a physical therapist who manage the initial patient assessment and then work to coordinate all aspects of care. We are on a mission to empower humanity to lead a healthier life.
Reporting to the VP Operations, the Director of Revenue Cycle is responsible for providing oversight of all revenue cycle operations. This position will oversee and direct all revenue cycle activities, initiatives, and strategies across the organization and be responsible for ensuring optimal financial outcomes within their domain. In partnership with the VP Operations and other functions—in particular, Finance, Clinical, and R&D—the Director of Revenue Cycle Management will develop, promote, and enforce effective operating policies and procedures and continually seek mechanisms to streamline and automate processes. They will continuously monitor department KPIs and accounts for key risks and improvement opportunities and develop and drive forward recommended actions to address them. The ideal candidate for this role is equal parts strategic thinker, data-driven operator, and gritty doer who is not above getting into the field with their team to get the work done. Comfort within a high-paced, start-up environment is a must.
What You’ll Do:
Essential Functions:
Develop, implement, and continuously evolve policies and procedures related to all aspects of the revenue cycle process, including those related to value-based reimbursement models, patient billing and collections, and client invoicing.
Monitor and drive consistent data collection and reporting across revenue management systems
Utilize department metrics and deeper analyses to drive continuous improvement efforts, providing regular updates to leadership to ensure prompt attention to areas of concern
Work with the finance team to ensure the alignment of revenue recognition and the reserving or oversight of bad debt and write-offs
Analyze accounts receivable and collection data, trend issues, and create and drive to completion action plans to address
Collaborate effectively within department and with other Vori Health functions to ensure revenue cycle management and other enterprise priorities are understood and executed in a timely manner
Where applicable, develop and maintain external professional relationships with payers, professional associations, regulatory agencies, and other healthcare organizations to monitor and influence
Be a change agent capable of guiding organizational leaders in initiating various change management initiatives with the view of leading and guiding the organization toward the future revenue cycle model
Management Responsibilities:
In partnership with VP Operations, define, communicate, and hold team accountable to department goals and performance via KPIs
Provide direction and guidance that fosters a high-performing team environment through training, managing metrics and development
Oversee both internal employees and external vendors to ensure each subfunction is consistently performing daily duties in a timely, effective manner
Recruit, interview, hire, and train new team members
Provide constructive and timely performance feedback and evaluations
Perform other projects and duties as assigned
Who You Are:
Required:
8+ years of work experience in revenue cycle management, preferably including experience in a start-up environment
5+ years of people management experience
Confidence when navigating data in various tools, including BI dashboards and excel
Expert-level knowledge of end-to-end revenue cycle management workflows and tooling, including demonstrated experience managing non-FFS reimbursement streams
A strong track record of driving optimal results or measurable improvements in RCM KPIs such as net days sales outstanding, AR aging, cash collections as a percentage of net patient revenue, denial rates and favorable customer service scores
Strong financial management skills, including the ability to financially analyze data for financial reporting, budgeting, forecasting, AR analysis and staffing analysis
Extensive knowledge of Medicare, Medicaid, and general third-party payer - billing and follow-up practices
Proven ability to motivate, manage, coach and mentor both supervisory and staff-level team, members
Superior judgment, negotiation, and decision-making skills
Ability to function well in a high-paced and resource constrained environment
Willingness to work alongside front-line staff to get work done
Strong communication skills in both written, and verbal/presentation
Bachelor’s degree in business, healthcare, management, or finance major
Nice-to-Haves:
Direct experience managing RCM in the musculoskeletal and/or telemedicine space
Direct experience overseeing AR across a multi-state entity
Familiarity and/or certification in operational performance improvement and work management methodologies—e.g., Lean, Six Sigma,
Authorized or able to provide required documents to work in United States.
Physical Requirements/Work Environment:
Remote work environment.
While performing the duties of this job, the employee may be regularly required to stand, sit, talk, hear, reach, stoop, kneel, and use hands and fingers to operate a computer, telephone, and keyboard.
Specific vision abilities required by this job include close vision requirements due to computer work.
EEO Statement:
Vori Health is an Equal Opportunity Employer. We are committed to a work environment that supports, inspires and respects all individuals without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship or other protected characteristics.
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