Universal Health Services

Vice President - Revenue Cycle Management

Universal Health Services

King of Prussia, PA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly motivated and results-driven individual with a passion for healthcare and revenue cycle management? Do you have a proven track record of success in leading and optimizing revenue cycle processes? If so, we have an exciting opportunity for you at Universal Health Services as our Vice President of Revenue Cycle Management.In this role, you will be responsible for overseeing the revenue cycle operations of our healthcare organization, ensuring efficiency, accuracy, and compliance. You will work closely with cross-functional teams to develop and implement strategies for revenue cycle improvement and drive financial success.We are looking for a strong leader with exceptional communication and analytical skills, as well as a deep understanding of revenue cycle operations and regulations. If you are ready for a challenging and rewarding position in a dynamic healthcare environment, then we want to hear from you. Join our team and make a positive impact on the financial health of our organization and the lives of our patients.

  1. Lead and oversee all revenue cycle operations for the organization, including billing, coding, collections, and payment processing.
  2. Develop and implement strategies to optimize revenue cycle processes and drive financial success.
  3. Collaborate with cross-functional teams to ensure efficient and accurate revenue cycle operations.
  4. Monitor and analyze revenue cycle metrics and identify areas for improvement.
  5. Ensure compliance with all relevant regulations and guidelines, including HIPAA and CMS guidelines.
  6. Train and develop revenue cycle staff to ensure a high level of performance and accuracy.
  7. Develop and maintain relationships with payers, vendors, and other stakeholders to facilitate timely payment and resolution of billing issues.
  8. Develop and manage department budget, including identifying cost-saving opportunities.
  9. Stay current on industry trends and changes in regulations that may impact revenue cycle operations.
  10. Communicate effectively with senior leadership and provide regular updates on revenue cycle performance and initiatives.
  11. Conduct regular audits and quality checks to maintain accuracy and integrity of revenue cycle processes.
  12. Develop and implement processes and procedures to improve efficiency and reduce errors.
  13. Serve as a point of contact for escalated issues and provide timely resolution.
  14. Identify and implement technology solutions to improve revenue cycle processes.
  15. Represent the organization at industry conferences and events related to revenue cycle management.
Where is this job?
This job is located at King of Prussia, PA, USA
Job Qualifications
  • Extensive Knowledge And Experience In Revenue Cycle Management, Including Billing, Coding, And Insurance Claims Processing.

  • Strong Leadership Skills With A Proven Track Record Of Successfully Managing And Developing Teams To Achieve Departmental Goals And Objectives.

  • In-Depth Understanding Of Healthcare Regulations And Compliance Requirements, Including Hipaa, Medicare, And Medicaid.

  • Excellent Analytical And Problem-Solving Abilities, With The Ability To Identify And Implement Process Improvements To Increase Efficiency And Revenue.

  • Exceptional Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Internal And External Stakeholders, Including Physicians, Insurance Companies, And Patients.

Required Skills
  • Risk Management

  • Process Improvement

  • Strategic Planning

  • Data Analysis

  • Contract Negotiation

  • Budget management

  • Financial Management

  • Team Leadership

  • Stakeholder engagement

  • Compliance monitoring

  • Revenue optimization

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Networking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Vice President - Revenue Cycle Management in King of Prussia, PA, USA is $140,000 - $180,000 per year. This can vary depending on factors such as experience, industry, and company size.

Additional Information
Universal Health Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 26th, 2024
Apply BeforeJune 21st, 2025
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About Universal Health Services

Universal Health Services, Inc. (UHS) is one of the largest and most respected providers of hospital and healthcare services in the nation with more than 90,000 employees dedicated to improving people’s lives and transforming the delivery of healthcare. Through its subsidiaries, the company operates 26 Acute Care hospitals, 328 Behavioral Health inpatient facilities, and 42 outpatient facilities and ambulatory care centers in 37 states in the U.S., Washington, D.C., Puerto Rico and the United Kingdom. UHS also offers health insurance plans through Prominence Health Plan, and manages a network of physicians through Independence Physician Management.

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