Senior Consultant Revenue Cycle (225-1008)

The Senior Consultant Revenue Cycle is an integral part of any healthcare organization, focusing on optimizing and managing the healthcare revenue cycle processes to ensure maximal efficiency and profitability. This role involves analyzing current systems, identifying inefficiencies, and recommending improvements to enhance revenue generation. The position requires a deep understanding of billing, coding, compliance, and financial management principles. A Senior Consultant Revenue Cycle is expected to communicate effectively with various departments to implement strategic solutions that improve the financial health and operational performance of the organization. Successful candidates will possess strong analytical skills, a high degree of professionalism, and an ability to motivate and engage teams to achieve targeted goals.

Responsibilities

• Analyze revenue cycle management processes to identify and address inefficiencies.
• Develop and implement strategies to enhance healthcare revenue cycle operations.
• Work with cross-functional teams to streamline billing and coding systems.
• Ensure compliance with healthcare regulations and standards at all times.
• Provide training and support to staff on best practices for revenue cycle management.
• Monitor financial trends to forecast potential challenges and opportunities.
• Collaborate with the finance department to balance financial resources and outputs.
• Create detailed reports and presentations on revenue cycle initiatives and results.
• Manage and mentor junior team members to build a strong consultancy team.
• Engage with stakeholders to align revenue cycle goals with organizational objectives.
• Conduct regular audits to ensure accuracy in billing and claims processing.
• Lead the implementation of technology solutions to automate and improve processes.

Requirements

• Bachelor’s degree in healthcare management, finance, or related field required.
• Minimum of five years’ experience in revenue cycle management or consultancy.
• Strong understanding of healthcare billing, coding, and compliance systems.
• Proven experience in leading projects and driving significant process improvements.
• Excellent analytical skills with a talent for solving complex financial issues.
• Outstanding interpersonal and communication skills for stakeholder engagement.
• Proficiency in revenue cycle management software and financial reporting tools.