Ann & Robert H. Lurie Childrens Hospital of Chicago provides superior pediatric care in a setting that offers the latest benefits and innovations in medical technology research and familyfriendly design. As the largest pediatric provider in the region with a 140year legacy of excellence kids and their families are at the center of all we do. Ann & Robert H. Lurie Childrens Hospital of Chicago is ranked in all 10 specialties by the U.S. News & World Report.
Day (United States of America)
680 Lake Shore Drive
General Summary:
The Vice President Revenue Cycle is a key member of the Finance leadership team at Lurie Childrens Hospital. This leader is responsible for developing strategic vision and providing oversight of revenue cycle operations to support the financial sustainability and mission of the Medical Center. The VP will lead the Revenue Cycle team to develop collaborative partnerships across the organization and with external stakeholders to ensure alignment with Luries commitment to excellence and innovation in pediatric healthcare.
This role requires a transformative leadership style that unites the organization through open communication strengthsbased management and continuous improvement demonstrated through measurable outcomes. The ideal candidate demonstrates selfawareness listens actively and leads with humility and integritycreating a culture of trust clear expectations and personal accountability.
Essential Job Functions:
Revenue Cycle Operations:
- Provide strategic leadership and oversight of endtoend revenue cycle operations including patient access registration authorization charging coding billing collections denials management revenue integrity training and education consolidated support and related functions.
- Establish and refine systems processes and key performance indicators to drive efficiency enhance the patient financial experience optimize cash flow and reduce denials.
- Prepare and present financial reports to hospital leadership providing insights into revenue cycle performance and recommendations for improvement.
- Evaluate and implement technology solutions to enhance revenue cycle processes including automation and Epic enhancements to improve efficiency and reduce denials.
- Collaborate with clinical IT compliance legal and finance teams to ensure revenue cycle processes align with enterprise initiatives and patient care goals.
- Ensure revenue cycle functions comply with all relevant federal state and industry regulations including HIPAA CMS and Medicaid requirements.
- Monitor vendor selection contracting performance ROI and review cycles to ensure highvalue security compliance and appropriate use of services.
- Actively communicate metrics performance and context across the organization providing appropriate revenue cycle education and industry context.
- Establish and maintain collaborative partnerships with Finance to review financials investigate variances discuss projects plan for shared initiatives etc.
- Collaborate in organizational planning and execution of new services locations and volume growth.
Payer Relations:
- Collaborate with the Managed Care leadership team to develop and implement payer strategies that support longterm financial sustainability and innovation in care delivery.
- Serve as a strategic advisor for payer negotiations contract implementation and payer performance management across commercial government and valuebased contracts.
- Cultivate strong relationships with payer representatives and internal stakeholders to resolve reimbursement challenges and improve contract performance.
- Proactively monitor payer trends the legislative pipeline and regulatory policy developments that may impact revenue cycle performance and adapt systems to ensure compliance and financial readiness.
Leadership & Collaboration:
- Lead coach and inspire a highperforming team of directors and managers fostering a strengthsbased culture rooted in shared accountability transparency excellence and measurable outcomes.
- Set cascading goals across the revenue cycle team and create a culture of accountability for meeting those goals.
- Cultivate a cohesive leadership team that communicates openly sets clear expectations and creates an environment where individuals feel seen valued and supported in their growth and development.
- Build strong collaborative relationships with internal stakeholders to align priorities gain buyin increase ownership and facilitate smoother change management across the organization. Extend model approach to RC Directors/ Managers and their stakeholders.
- Engage in continual learning and participation in professional associations industry forums and EHRfocused groups to stay apprised of advancements and continually improve the efficiency and outcomes of the revenue cycle.
- Establish and maintain productive relationships with external partners including fiscal intermediaries government agencies health plans professional associations and state and national collaboratives.
- The authority to hire separate promote demote write and administer performance evaluations.
- Other job functions as assigned.
Knowledge Skills and Abilities:
Education & Experience:
- Bachelors degree required preferably in Finance Healthcare Administration Business or a related field; Masters degree (MBA MHA or equivalent) strongly preferred.
- Minimum of 10 years of progressive leadership experience in healthcare revenue cycle management with experience in pediatric academic or multientity health systems preferred.
Knowledge Skills & Abilities:
- Deep expertise in healthcare reimbursement patient financial experience revenue cycle operations regulatory compliance and employee engagement.
- Proven ability to lead complex teams and drive organizational change in dynamic healthcare environments with emotional intelligence flexibility clarity and resilience.
- Strong interpersonal analytical problemsolving and executive communication skills.
- Critical thinking and strategic analysis skills to ensure quality control of all analysis completed within the revenue cycle team.
- Basic working knowledge of standard accounting principles internal controls and business financial management.
- Proficiency with healthcare IT systems including EMRs revenue cycle platforms and data analytics tools. Epic Revenue Cycle experience strongly preferred.
Key Success Factors:
- Demonstrated ability to improve net revenue performance reduce A/R days and elevate the patient experience.
- Ability to build and sustain crossfunctional partnerships and drive enterprisewide alignment.
- Valuesbased leadership rooted in strategic thinking innovation and integrity.
Education
Pay Range
$100000.00$775000.00 Salary
At Lurie Childrens we are committed to competitive and fair compensation aligned with market rates and internal equity reflecting individual contributions experience and expertise. The pay range for this job indicates minimum and maximum targets for the position. Ranges are regularly reviewed to stay aligned with market conditions.In addition to base salary Lurie Childrens offer a comprehensive rewards package that may include differentials for some hourly employees leadership incentivesfor select roles health and retirement benefits and wellbeing programs. For more details on other compensation consult your recruiter or click the followinglink to learn more about our benefits.
Benefit Statement
For full time and part time employees who work 20 or more hours per week we offer a generous benefits package that includes:
Medical dental and vision insurance
Employer paid group term life and disability
Employer contribution toward Health Savings Account
Flexible Spending Accounts
Paid Time Off (PTO) Paid Holidays and Paid Parental Leave
403(b) with a 5% employer match
Various voluntary benefits:
Supplemental Life AD&D and Disability
Critical Illness Accident and Hospital Indemnity coverage
Tuition assistance
Student loan servicing and support
Adoption benefits
Backup Childcare and Eldercare
Employee Assistance Program and other specialized behavioral health services and resources for employees and family members
Discount on services at Lurie Childrens facilities
Discount purchasing program
Theres a Place for You with Us
At Lurie Childrens we embrace and celebrate diversity and equity in a serious way. We are committed to building a team with a variety of backgrounds skills and viewpoints recognizing that diverse identities strengthen our workplace and the care we can provide to the Chicago community and beyond. We treat everyone fairly appreciate differences and make meaningful connections that foster belonging and allyship. This is a place where you can be your best so we can give our best to the patients and families who trust us with their care.
Lurie Childrens and its affiliatesare equal employment opportunity employers. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race color sex sexual orientation gender identity or expression religion national origin ancestry age disability marital status pregnancy protected veteran status order of protection status protected genetic information or any other characteristic protected by law.
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