Senior Director – Revenue Cycle Finance

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🔥 6 minutes ago

🌲 North Carolina – Remote

🌲 North Carolina – Remote

⏰ Full Time

🟠 Senior

💸 Financial Planning and Analysis (FP&A)

👻 Ghost score 13%

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Duke Careers

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1924

💼 Consulting

🏥 Healthcare

📚 Education

Consulting • Healthcare • Education

Duke Careers is a platform connected to Duke University's rich legacy, established in 1924. It aims to celebrate the centennial of Duke University while providing resources, stories, and interviews that reflect the university's history, current achievements, and future aspirations. A key focus of Duke Careers is to engage with alumni and the community, showcasing the transformative impact of education and leadership within the university.

📋 Description

• Serve as the primary financial liaison between Corporate Finance and Revenue Cycle Operations • Connect Corporate Finance's Net Patient Revenue calculations with PRMO's operational cash collections and revenue cycle performance • Ensure consistency, transparency, and reconciliation between financial statements and operational reporting • Develop strategies connecting operational performance with net patient revenue results • Interpret operational impact of Kodiak RCA reporting results • Lead executive-level financial analysis • Translate operational KPIs into financial impact • Partner on month-end close Revenue Cycle metrics • Develop ROI models and quantify reimbursement opportunities and risks • Provide executive recommendations to improve financial performance • Identify and calculate the impact of underpayment opportunities • Lead validation and reporting of Revenue Cycle margin improvement initiatives • Oversee financial reporting and executive dashboards • Analyze cash, accounts receivable, denials, reimbursement, collection rate, payer mix, and write-offs • Identify revenue leakage and reimbursement opportunities • Partner with Revenue Cycle Operations and Corporate Finance • Lead financial workstreams for strategic initiatives • Develop business cases and ROI analyses • Communicate and track progress of identified issues and action items • Promote PRMO's strategic vision, mission, and purpose • Foster a department culture supporting staff development and retention • Provide timely verbal and written responses to patients, providers, payors, and departmental personnel • Attend meetings and participate in assigned Work Culture initiatives, committees, or workgroups • Accomplish assigned tasks

🎯 Requirements

• Bachelor's degree required • Master's degree preferred • Minimum of 10 years work experience • Extensive knowledge of Revenue Cycle analytical tools, healthcare finance, business intelligence tools, and statistical packages • Knowledge of Epic System (Revenue Cycle Applications) • Knowledge of Revenue Cycle operations • Knowledge of Kodiak Reporting • Knowledge of Health System Finance • Knowledge of Power BI • Understanding of revenue cycle operational performance goals/metrics • Strong analytical skills • Ability to perform root cause analysis with accuracy • Ability to identify and implement optimization opportunities within Epic • Ability to investigate and analyze information and provide recommended solutions • Ability to develop, implement, and oversee project teams comprising IT and operational resources • Effective oral and written communication skills • Strong interpersonal and communication skills • Ability to work effectively with diverse constituencies • Ability to foster a positive work environment • Ability to multitask • Proficiency with Epic and MS Office Applications, including Word, Excel, Visio, and PowerPoint • No degrees, licensure, or certifications beyond the stated education requirement

🏖️ Benefits

• Equal Opportunity Employer commitment • Reasonable accommodation information and provision available upon request • Collaborative, innovative, creative, and inclusive community culture

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