Lunaphysicaltherapy

Compensation

Full Description

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description This role involves leading and managing all aspects of the Revenue Cycle Management (RCM) process at Luna Physical Therapy. • Lead and manage coding, billing, collections, and payer relations, ensuring alignment with company goals. • Establish a comprehensive RCM strategy to drive efficiency, minimize denials, optimize cash flow, and enhance the overall patient financial experience. • Work closely with the CFO and leadership team to integrate RCM processes with overall financial strategy. • Develop, implement, and refine RCM workflows to streamline processes, reduce costs, and improve accuracy. • Continuously assess emerging trends and technologies in RCM. • Lead, mentor, and build a high-performance RCM team of 40 professionals. • Provide training and development opportunities to grow team members' expertise. • Set clear performance goals and conduct regular performance reviews. • Ensure seamless integration between RCM operations and the broader finance function. • Develop and maintain key performance indicators (KPIs) for RCM functions. • Collaborate with the CFO on the preparation of financial reports. • Identify opportunities for improvement in billing processes, collections, and payer contracts. • Collaborate with the payer contracting team to negotiate contracts and resolve payer-related issues. • Ensure compliance with payer policies and regulatory requirements. • Oversee the adoption and integration of advanced RCM technologies and software. • Drive initiatives to improve electronic billing, coding accuracy, and data analytics. • Oversee the integration of health system partners under Master Services Agreements (MSAs) into Luna’s RCM processes. • Manage and ensure accuracy of partner monthly invoicing in accordance with contractual terms. • Foster collaborative relationships with health system partners. Qualifications • 10+ years of experience in revenue cycle management, with at least 5 years in a senior leadership role, ideally in a healthcare environment. • Proven track record of driving operational efficiency and aligning RCM with broader financial goals. • Experience managing large, diverse teams with a focus on development and performance optimization. • Strong understanding of healthcare financials, insurance reimbursement models, and payer relations. • Expertise in RCM software and technology, with a deep understanding of the latest trends in automation and data analytics. • Excellent communication and interpersonal skills. • Data-driven decision-making ability. Requirements • Bachelor’s degree in Finance, Healthcare Administration, or a related field required. • MBA or relevant advanced degree preferred. Benefits • Certification in Healthcare Financial Management (CHFM), Certified Revenue Cycle Executive (CRCE), or other relevant RCM certifications are a plus.