Hours of Work :
8:00am - 5:00pm
Days Of Week :
Monday - Friday
Work Shift :
8X5 Day (United States of America)
Job Description :
Vice President of Billing and Collections
Overview
The Vice President of Central Business Office reports directly to the Senior Vice President (SVP) Revenue Cycle. This position is responsible for leading best practice Billing and Collections initiatives for Methodist Health System hospitals and Methodist Medical Group clinics ensuring all policies, procedures, and strategies adhere to optimal revenue capture across areas of responsibility.
The primary areas of focus for this position are driving billing and collection opportunity identification, project management, vendor accountability, performance tracking, and developing and maintaining partnerships between clinical, operational, and financial stakeholders and departments.
Responsibilities
Reviews revenue cycle metrics data, budgets, audits, accounts receivable, third party billing and collection processes to improve operational performance and to align with industry best practice.
Ensures appropriate controls exist throughout billing and collections to create accountability and effective management of net patient revenue, cash collections, payor trends, vendor and agency performance.
Partners with other departmental leadership to identify process improvement, training, technology innovation, analytics, compliance, and vendor management opportunities
Collaborates with other departmental leadership to lead the development and implementation of policies, procedures, and workflows which impact net revenue cash flow or performance efficiency across the entire Revenue Cycle function.
Ensures billing and collection policies and procedures are current and enforced, business practices are compliant, and a high level of patient, employee and customer satisfaction is maintained.
Develops short term and long term goals for billing and collections to ensure consistency and alignment with the overall Revenue Cycle strategic plan.
Prepares and communicates Revenue Cycle Monthly Operating Reviews to SVP Revenue Cycle.
Participates in executive level financial reviews and revenue cycle meetings, focused on item ownership, deadlines, meeting documentation, issue resolution, and meeting effectiveness.
Responsible for annual financial audits as they relate to billing and collection activities.
Special projects as assigned by SVP Revenue Cycle
Qualifications
Education

• Bachelor's and Master's degree required, finance or business focus preferred

Experience

• Seven or more years of multi-hospital revenue cycle experience
• Physician Clinic experience a plus
• Epic experience preferred

Related Work Experience, Knowledge, Skills:

• Strong leader capable of motivating and holding others accountable
• Effective communicator, verbally and written who can interact with all levels of the organization
• Ability to comprehend, synthesize, coordinate, and analyze data
• Ability to work in a complex organization with the political savvy to drive results
• Perform complex and varied tasks efficiently and accurately
• Make independent decisions or exercise judgment based on appropriate information; accept and carry out responsibility for direction, control and planning.

Methodist Health System is a faith-based organization with a mission to improve and save lives through compassionate, quality healthcare. For nearly a century, Dallas-based Methodist Health System has been a trusted choice for health and wellness. Named one of the fastest-growing health systems in America by Modern Healthcare, Methodist has a network of 12 hospitals (through ownership and affiliation) with nationally recognized medical services, such as a Level I Trauma Center, multi-organ transplantation, Level III Neonatal Intensive Care, neurosurgery, robotic surgical programs, oncology, gastroenterology, and orthopedics, among others. Methodist has more than two dozen clinics located throughout the region, renowned teaching programs, innovative research, and a strong commitment to the community. Our reputation as an award-winning employer shows in the distinctions we've earned:

• Magnet® designations for Methodist Dallas, Methodist Charlton, Methodist Mansfield, and Methodist Richardson Medical Centers
• 150 Top Places to Work in Healthcare by Becker's Hospital Review, 2023
• Top 10 Military Friendly® Employer, Gold Designation, 2023
• Top 10 Military Spouse Friendly® Employer, 2023