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Nicklaus Children's Health System Linkedin · Posted 20d ago

Executive Director Revenue Cycle

Miami, Florida, United States

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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

Department

NCHS-REVENUE CYCLE MANAGEMENT-1000-900905

Job Status

Professional

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