[Hiring] Vice President, Revenue Cycle @Lifepoint Health

Role Description

The VP of Revenue Cycle Management (RCM) will be responsible for overseeing the revenue generation and revenue cycle strategies and operations for Lifepoint Health. This individual will be responsible for the leadership and continued development of a creative revenue cycle function across the entire organization as it continues its growth. The VP of RCM will be responsible for a broad range of functions including Revenue Cycle, across all its payors including commercial insurance, Medicare, Medicaid, relevant state reimbursement funds, and self-pay.

This executive will manage a team of approximately 19 FTE’s located remotely and in the Louisville, KY Corporate office. This is a remote role. Travel: 20-30%

A Vice President Revenue Cycle who excels in this role:

• Takes initiative to help the team and is flexible when asked to assist in other areas.
• Consistently demonstrates positive and affirming behaviors even when addressing conflict or stressful situations.
• Demonstrates concern for overall team and understands how actions affect others. Shows a positive attitude and contributes to maintaining an enjoyable and productive work environment.
• Does not engage in any unfavorable behaviors such as rumors, inappropriate conversations, etc.

Job Responsibilities:

• Oversees the continued development and enhancement of scalable Billing and Payor processes to support the current operations and anticipated growth of the company;
• Oversees management of billing personnel, providing recommendations for hiring, promotion, salary adjustment and personnel action where appropriate;
• Manages relationships with the external billing entities;
• Appropriately and proactively engages the Lifepoint team, including both site-level clinicians, and support personnel, who have an ability to positively or negatively impact the ability to efficiently, effectively, accurately, and compliantly bill;
• Evaluates existing and emerging technology and outsourced services to consider the potential utility, acquisition, and implementation options for the enterprise. Continues to evaluate the cost and effectiveness of outsourcing vs. bringing these functions in-house;
• Develops and interprets policies and procedures, recommends changes as appropriate, and provides relevant feedback to the senior management team to meet department and organizational goals with respect to revenue recognition and collections;
• Supervises Director level positions directly and indirectly manages a team of 19+ full-time employees;

Qualifications

• Bachelor’s Degree is required; Master’s Degree in Business or Finance is strongly preferred.
• Minimum of 15 years of professional experience in related fields.
• Senior Revenue Cycle Management experience in a hospital billing environment is strongly preferred, along with deep experience in revenue cycle processes and third-party payor (both commercial and government) reimbursement.
• The preferred candidate should have additional experience using and training team members on a multitude of payment strategies, extensions and loss mitigation, experience implementing or improving tracking reports and detailed accounts on all payment activity, and experience in collaborating across all levels and functions of a private equity or public company.

Requirements

• You must be authorized to work in the United States without employer sponsorship.

Benefits

• Comprehensive Benefits: Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
• Financial Protection & PTO: Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Professional Development: Ongoing learning and career advancement opportunities.

Company Description

Lifepoint Health is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.