Director of Financial Clearance
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Job Location:
Baltimore, MD - USA
Yearly Salary:
$ 160000 - 205000
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Responsibilities:
The Financial Clearance Shared Services Center performs the financial clearance function for outpatient procedures/surgeries inpatient admissions and clinical trials at multiple Johns Hopkins Medicine entities including The Johns Hopkins Hospital The Johns Hopkins Outpatient Center The Johns Hopkins School of Medicine Bayview Medical Center Sibley Memorial Hospital Suburban Hospital Johns Hopkins All Childrens Hospital and a number of outpatient satellite clinics. Critical to the success of this position the Financial Clearance Director Revenue Cycle Management is responsible for all aspects of the Financial Clearance Shared Services operations to include but not limited to:
- Establishing programs protocols policies and procedures to support the financial clearance process and working with all entities to standardize processes.
- Developing and analyzing reports to assist management to enhance revenue cycle performance and maximize operational efficiencies.
- Implementing strategies designed to improve the effectiveness of the financial clearance process through increased automation and controls.
- Responsible for regulatory and compliance activities associated with the financial clearance process and ensuring compliance with Revenue Cycle Management policies and procedures.
The incumbent must also possess the ability to ensure that appropriate communication is maintained across all entities and specialties (administrators ambulatory clinic managers physicians Office of Managed Care utilization review Finance directors third-party payers and patients) to ensure all information is obtained to secure appropriate insurance authorization and/or payments prior to services being performed. This position is responsible for managing the inpatient and outpatient financial clearance component of the Revenue Cycle for multiple entities and as such must establish relationships at all facilities and be familiar with each institutions registration/scheduling practices and payer contracts although they may not be under the direct control of the addition knowledge of managed care and regulations impacting patient accounting as well as the ability to integrate activities under his or her direct control with the overall Revenue Cycle Management function are essential elements of this function.
Qualifications:
- Requires Bachelors Degree in Accounting Business Administration Finance or a related field. A Masters Degree in Business Administration Health Administration or Information Management is preferred.
- CRCE/CMPA/CHFP certification preferred leadership role in industry organizations such as HFMA AAHAM or MHA strongly encouraged.
- A minimum of ten (10) years of hospital receivables/operations management experience within a large academic medical center or health system with at least six (6) of those years in a management capacity.
- Prior work experience must include revenue cycle management projects and/or responsibilities and a significant role in a redesign project and/or management experience working in a highly automated centralized business office environment.
Salary Range: $160000 to $205000 per year. Compensation will be commensurate with equity and experience for roles of similar scope and responsibility. In cases where the range is displayed as a $0 amount salary discussions will occur during candidate screening calls before any subsequent compensation discussion is held between the candidate and any hiring authority.
We are committed to creating a welcoming and inclusive environment where we embrace and celebrate our differences where all employees feel valued contribute to our mission of serving the community and engage in equitable healthcare delivery and workforce practices.
Johns Hopkins Health System and its affiliates are an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity and expression age national origin mental or physical disability genetic information veteran status or any other status protected by federal state or local law.
Johns Hopkins Health System and its affiliates are drug-free workplace employers.
Required Experience:
Director
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About Company
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