Job description
Job Purpose The Vice President, Accounts Receivable Optimization is responsible for leading enterprise-wide Accounts Receivable transformation initiatives for health system clients, focused on accelerating cash, improving revenue yield, reducing aged receivables, and optimizing reimbursement performance. The Vice President, Accounts Receivable Optimization partners with client leadership and internal operations and analytics teams to identify improvement opportunities, develop data-driven strategies, and implement sustainable operational changes across the back-end revenue cycle.
The Vice President, Accounts Receivable Optimization serves as a strategic advisor and transformation leader, leveraging analytics, industry best practices, workflow redesign, automation, and technology to improve financial outcomes while enhancing operational efficiency and client satisfaction.
Duties & Responsibilities
Lead enterprise-wide Accounts Receivable transformation initiatives across health system clients to improve financial performance and operational excellence
Develop and execute strategic AR optimization roadmaps focused on cash acceleration, revenue yield, and sustainable performance improvement
Identify, prioritize, and quantify opportunities using data analytics, benchmarking, and operational assessments
Drive initiatives that reduce aged accounts receivable, improve collection velocity, and increase reimbursement
Partner with internal and client leadership to establish transformation priorities, governance, and measurable success metrics
Lead cross-functional teams and initiatives to improve denials management, underpayment recovery, complex claims resolution, and payer performance
Develop and standardize best practices, playbooks, and operating models for AR optimization across client engagements
Monitor executive dashboards and KPI scorecards related to AR performance, cash collections, aging trends, and transformation outcomes
Lead and/or participate in Joint Operating Committees (JOCs), and client steering committees to review progress, address barriers, and ensure accountability
Drive payer-specific improvement strategies by analyzing denial trends, contract compliance, reimbursement performance, and escalation opportunities
Identify opportunities to reduce cost-to-collect through workflow optimization, standardization, and resource alignment
Stay current on healthcare reimbursement trends, payer policy changes, regulatory requirements, and industry best practices to enhance client solutions
Measure and communicate the financial impact of transformation initiatives, including cash acceleration, revenue yield improvement, cost savings, and return on investment
Other duties as assigned
Use, protect and disclose patients’ protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
Understand and comply with Information Security and HIPAA policies and procedures at all times
Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties
Qualifications
Bachelor's degree in Business Administration, Healthcare Administration, Finance, or a related field preferred
10+ years’ experience in a leadership role within revenue cycle services required, preferably in a healthcare hospital-based healthcare setting
Strong understanding of revenue cycle management principles and practices, with a demonstrated ability to deliver high-quality services to clients
Strong knowledge of state and federal governmental, legal, and regulatory provisions related to front-end, middle and backend revenue cycle operations
Proficiency in revenue cycle management systems, electronic health records (EHR), and client management tools
Excellent leadership skills, including the ability to motivate, mentor, and develop a high-performing team
Ability to adapt to a fast-paced and changing environment, managing multiple priorities and deadlines effectively
Proficiency in Microsoft Office Suite
Strong interpersonal skills, ability to communicate well at all levels of the organization
Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
High level of integrity and dependability with a strong sense of urgency and results oriented
Excellent written and verbal communication skills required
Working Conditions
Occasional travel may be required
Must possess a smart-phone or electronic device capable of downloading applications, for multifactor authentication and security purposes
Physical Demands: While performing the duties of this job, the employee is occasionally required to move around the work area; Sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear
Mental Demands: The employee must be able to follow directions, collaborate with others, and handle stress
Work Environment: The noise level in the work environment is usually minimal
Med-Metrix will not discriminate against any employee or applicant for employment because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, veteran status, other non-merit based factors, or any other characteristic protected by federal, state or local law.
Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.