Director Finance and Revenue Cycle
Job Description
Context: Lead the full healthcare revenue cycle with strategic oversight, team development, and performance-driven improvements.
Responsibilities
- Provide strategic leadership, coaching, and development for billing and insurance team members.
- Oversee onboarding, training, performance management, and ongoing staff development.
- Establish departmental goals, productivity standards, and performance expectations.
- Conduct performance evaluations and support development planning.
- Build a culture focused on accountability, collaboration, and continuous improvement.
- Direct insurance verification and prior authorization processes.
- Oversee end-to-end claims submission, payment posting, denial management, and follow-up.
- Monitor accounts receivable and collections performance to support revenue targets.
- Ensure timely and accurate claims processing.
- Develop and implement best practices to maximize reimbursement and improve revenue cycle efficiency.
- Track revenue cycle metrics, reimbursement trends, and overall financial performance.
- Create action plans to improve collections, reduce denials, and optimize cash flow.
- Support budgeting, forecasting, and financial planning activities.
- Prepare and present performance reports and financial insights to leadership.
- Identify opportunities to strengthen financial controls, processes, and operational performance.
- Ensure compliance with HIPAA, CMS, payer requirements, and applicable healthcare regulations.
- Participate in audits, compliance reviews, and corrective action planning.
- Develop and maintain departmental policies, procedures, and internal controls.
Requirements
- Bachelor’s degree preferred.
- Five years of healthcare revenue cycle experience.
- Three years of leadership experience.
- Strong knowledge of medical billing, insurance reimbursement, and revenue cycle operations.
- Experience with EMR and practice management systems.
- Strong analytical, financial, leadership, and communication skills.
Technology
- EMR
- Practice management systems
Location
- Farmington Hills, MI (onsite)