Executive Director Revenue Cycle

Nicklaus Children's Hospital
  • Miami, FL
    30+ days ago

    Job Description

    Job Description - Executive Director Revenue Cycle (301767)

    Job Description

    Executive Director Revenue Cycle-301767

    Description

    Job Summary

    The Executive Director of Revenue Cycle leads the end-to-end revenue cycle across Nicklaus Children''s Health System. Provides oversight of front-end, mid-cycle, and back-end revenue functions and is accountable for achieving performance targets. Partners closely with operational leaders, Managed Care, Finance, IT, and external vendors to drive sustainable financial performance, operational efficiency, and a high-quality patient experience aligned with the organization''s mission to deliver exceptional pediatric care.

    Job Specific Duties

    • Lead and optimize all components of the revenue cycle, including:

    • Patient access (scheduling, registration, authorization, financial counseling)

    • Case Management, Social Work, Pastoral Services, and Transfer Center

    • Health information management (HIM), coding and CDI

    • Revenue integrity, Charge Description Master (CDM), charge capture, and billing

    • Patient financial services, A/R follow up, Appeals and Underpayments, Cash/Credit Management, and Customer Service

    • Ensure seamless coordination across all functions to achieve timely and accurate revenue capture and reimbursement.

    • Lead governance and performance management of the organization''s outsourced revenue cycle vendor(s), inlcluding:

    • Establishing and enforcing SLAs tied to key KPIs (e.g., net collection rate, AR days, denial rate)

    • Conducting regular business and performance scorecard reviews

    • Driving continuous improvement and corrective action plans for underperformance

    • Partnering on optimization initiatives (automation, AI, workflow redesign)

    • Oversee contract performance, escalation management, and alignment of vendor operations with system goals.

    • Oversee key revenue cycle metrics, including, but not limited to:

    • Days in AR-

    • Denial rates-

    • Net collection rate, including complex large balance claims-

    • Bad debt performance-

    • Excess/Avoidable Days

    • Coding accuracy

    • Point of Service Collections

    • Call Center and Pre-Access Metrics: Speed to Answer, Accuracy, Authorization Days Out, etc.

    • Patient Financial Experience

    • Develop and maintain a structured performance reporting framework and accountability forums.

    • Analyze trends and implement targeted initiatives to improve financial outcomes.

    • Partner with leadership and vendor partners to define and execute a multi-year revenue cycle strategy:

    • Technology optimization (e.g., EMR revenue cycle platforms, automation, analytics tools)

    • Shared services and operating model design

    • Integration of vendor and internal workflows

    • Collaborate with IT teams and vendors to identify system enhancements and ensure alignment with business needs.

    • Ensure adherence to all regulatory, payer, and compliance requirements (IRS, OIG, CMS, HIPAA, payer contracts).

    • Mitigate financial risk through strong internal controls and processes.

    • Lead and develop a high-performing revenue cycle organization, including internal leaders and vendor teams.

    • Establish clear accountability structures, performance expectations, and training programs.

    • Foster a culture of continuous improvement, collaboration, and service excellence.

    • Demonstrate strong communication and collaboration skills across the enterprise.

    • Partner with clinical and operational leaders to enhance transparency and the overall patient financial experience.

    • Ensure patient-friendly billing practices and effective patient financial assistance programs.

    Qualifications

    Minimum Job Requirements

    • Bachelor''s Degree in Business or Healthcare Administration
    • 7-10 years of progressive experience in the healthcare revenue cycle
    • Healthcare industry financial statistical indicators experience

    Knowledge, Skills, and Abilities

    • Master''s degree preferred.
    • HFMA, AAHAM, or similar professional certification preferred.
    • Epic experience preferred.
    • Florida Medicaid experience preferred.
    • Proven ability to lead large-scale operational and transformation initiatives.
    • Deep understanding of end-to-end revenue cycle processes, including, billing, coding, reimbursement, and denial management.
    • Strong leadership and communication skills.
    • Experience in negotiating contracts and resolving vendor/service issues.
    • Demonstrated experience managing outsourced revenue cycle vendors or shared services models.
    • Knowledge of healthcare regulatory requirements and payer dynamics.

    Job

    : Management

    Primary Location

    : Florida-Miami-NCHS Corporate Headquarters

    Department

    : NCHS-REVENUE CYCLE MANAGEMENT-1000-900905

    Shift

    : Days

    Job Status: Full Time

    Numbers & Facts

    LocationMiami, FL

    Skills

    • Accounts Receivableunmatched
    • Artificial Intelligence (AI)unmatched
    • Automationunmatched
    • Billingunmatched
    • Business Administrationunmatched
    • Call Centersunmatched
    • Case Managementunmatched
    • Cash Managementunmatched
    • Charge Captureunmatched
    • Communication Skillsunmatched
    • Content Management Systems (CMS)unmatched
    • Continuous Improvementunmatched
    • Contract Negotiationunmatched
    • Corrective Actionunmatched
    • Customer Support/Serviceunmatched
    • Electronic Medical Recordsunmatched
    • Financeunmatched
    • Financial Managementunmatched
    • Financial Operationsunmatched
    • Financial Riskunmatched
    • Financial Servicesunmatched
    • HIPAA (Health Insurance Portability and Accountability Act)unmatched
    • Health Information Managementunmatched
    • Healthcareunmatched
    • Healthcare Administrationunmatched
    • Leadershipunmatched
    • Maintain Complianceunmatched
    • Managed Careunmatched
    • Medicaidunmatched
    • Medical Billingunmatched
    • Metricsunmatched
    • Negotiation Skillsunmatched
    • Organizational Development/Managementunmatched
    • Outsourcingunmatched
    • Past Due Accountsunmatched
    • Pediatricsunmatched
    • Performance Analysisunmatched
    • Performance Managementunmatched
    • Process Improvementunmatched
    • Regulatory Complianceunmatched
    • Regulatory Requirementsunmatched
    • Reimbursementunmatched
    • Revenue Managementunmatched
    • Risk Managementunmatched
    • Scorecardingunmatched
    • Social Workunmatched
    • Team Playerunmatched
    • Time Managementunmatched
    • Training Programunmatched
    • Trend Analysisunmatched
    • User Interface/Experience (UI/UX)unmatched
    • Vendor/Supplier Selectionunmatched

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