Senior Director, Revenue Cycle

Welcome to Northwell Health, where our mission is to improve the health and well-being of the communities we serve. We are currently seeking a highly experienced and motivated Senior Director of Revenue Cycle to join our dynamic team. As the Senior Director, you will play a critical role in optimizing revenue and enhancing financial performance across our healthcare system. In this position, you will have the opportunity to lead and collaborate with a talented team while utilizing your extensive knowledge of revenue cycle management. The ideal candidate will possess a strong understanding of healthcare reimbursement and regulatory requirements, as well as exceptional leadership and communication skills. If you are a results-driven individual with a passion for making a positive impact on the healthcare industry, we invite you to apply for this exciting opportunity.

1. Develop and implement strategies to optimize revenue and enhance financial performance across the healthcare system.
2. Lead and manage a team of revenue cycle professionals, providing guidance and support to ensure efficient and effective operations.
3. Oversee all aspects of the revenue cycle, including coding, billing, collections, and denials management.
4. Monitor and analyze key performance indicators to identify areas for improvement and implement action plans to drive results.
5. Stay up-to-date on healthcare reimbursement and regulatory requirements to ensure compliance and minimize risks.
6. Collaborate with other departments, such as finance, operations, and clinical teams, to identify opportunities for revenue cycle improvement and streamline processes.
7. Develop and maintain relationships with external stakeholders, such as insurance companies and government agencies, to negotiate favorable contracts and resolve billing issues.
8. Prepare and present reports on revenue cycle performance to senior leadership, highlighting key trends and recommendations for improvement.
9. Provide training and education on revenue cycle best practices to staff and stakeholders.
10. Foster a positive and collaborative work environment, promoting teamwork and professional development among team members.
11. Develop and manage departmental budget, identifying cost-saving opportunities and ensuring efficient resource utilization.
12. Serve as a subject matter expert and resource for revenue cycle-related inquiries from internal and external stakeholders.
13. Continuously evaluate and improve revenue cycle processes and systems to increase efficiency, accuracy, and overall performance.
14. Implement and maintain policies and procedures to ensure compliance with ethical and legal standards.
15. Act as a liaison between revenue cycle and other departments, addressing concerns and promoting effective communication and collaboration.

According to JobzMall, the average salary range for a Senior Director, Revenue Cycle in New Hyde Park, NY, USA is between $153,000 and $195,000 per year. This range may vary depending on factors such as the individual's level of experience, the size and type of organization they work for, and the specific responsibilities and duties of the role.

Northwell Health is a nonprofit integrated healthcare network that is New York State's largest healthcare provider and private employer, with more than 68,000 employees in 2019.