Director Patient Accounting
Director Patient Accounting
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
At Virtua Health we exist for one reason to better serve you. That means being here for you in all the moments that matter striving each day to connect you to the care you need. Whether thats wellness and prevention experienced specialists life-changing care or something in-between we are your partner in health devoted to building a healthier community.
If you live or work in South Jersey exceptional care is all around. Our medical and surgical experts are among the best in the country. We assembled more than 14000 colleagues including over 2850 skilled and compassionate doctors physician assistants and nurse practitioners equipped with the latest technologies treatments and techniques to provide exceptional care close to home. A Magnet-recognized health system ranked by U.S. News and World Report weve received multiple awards for quality safety and outstanding work environment.
In addition to five hospitals seven emergency departments seven urgent care centers and more than 280 otherlocations were committed to the well-being of the community. That means bringing life-changing resources and health services directly into our communities through ourEat Well food access program telehealth home health rehabilitation mobile screenings paramedic programs and convenient online scheduling. Were also affiliated with Penn Medicine for cancer and neurosciences and the Childrens Hospital of Philadelphia for pediatrics.
Location:
PACCT - 2000 Crawford PlaceRemote Type:
On-SiteEmployment Type:
EmployeeEmployment Classification:
RegularTime Type:
Full timeWork Shift:
1st Shift (United States of America)Total Weekly Hours:
40Additional Locations:
Job Information:
* Full onsite presence
Job Summary:
Responsible for achieving and maintaining high functioning patient accounting processes across the organization. Develops and implements Patient Accounting policies and procedures that support Virtuas mission vision and values while promoting efforts to improve the financial health of the organization. Responsibilities of this role include the achievement of annual and periodic goals for statistical indicators of financial performance in particular cash collections maintaining the integrity of financial reporting and facilitating the efficient operation of functions and management of the Patient Accounting Department.
Position Responsibilities:
Leadership and Management:
Leads the Hospital patient accounting and collection functions along with surgical infusion and physical therapy scheduling & insurance verification operations to achieve Virtua and departmental goals
Provides leadership to teams and fosters a collaborative and productive work environment.
Collaborate with other departments and stakeholders to address financial issues and improve patient services.
Oversees the Hospital patient accounting and collection functions along with surgical infusion and physical therapy scheduling & insurance verification operations.
Provides leadership and mentorship to team.
Financial Reporting:
Ensures accurate and timely financial reporting and compliance with relevant regulations.
Prepares and analyzes financial reports related to patient account and. identify trends to improve performance and identify areas for improvement.
Billing and Collections:
Directs billing and collection processes including analyzing key operating metrics to optimize cash and minimize payment delays.
Maintain consistent feedback loops to drive front-end revenue cycle improvements.
Develops and implements policies and procedures to improve patient accounting processes.
Implement strategies to improve patient financial experiences and address any billing concerns.
Ensure excellent customer service in all interactions with patients regarding billing and payment matters.
Ensure adherence to federal state and local billing and collection regulations as well as HIPAA privacy standards.
Ensure all financial practices comply with healthcare regulations and standards.
Payor Engagement:
Engage with payors to identify document and address claims processing and payment issues.
Escalate claims for resolution in line with payor contracts.
Communicate payor and contract issues to Managed Care.
Position Qualifications Required:
Required Experience:
7 years patient accounting and management experience. Knowledge of all aspects of the revenue cycle. Epic system experience highly preferred.
Required Education:
Bachelors degree required.
Annual Salary: $128244 - $211355 The actual salary/rate will vary based on applicants experience as well as internal equity and alignment with market data.This position is eligible to participate in one of Virtuas annual incentive compensation plan (AICP). The amount is subject to the terms and conditions of the plan document. Virtua offers a comprehensive package of benefits for full-time and part-time colleagues including but not limited to: medical/prescription dental and vision insurance; health and dependent care flexible spending accounts; 403(b) (401(k) subject to collective bargaining agreement); paid time off paid sick leave as provided under state and local paid sick leave laws short-term disability and optional long-term disability colleague and dependent life insurance and supplemental life and AD&D insurance; tuition assistance and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.For more benefits information click here.
Required Experience:
Director
Employment Type
Full-Time
