101401 - VP- Revenue Cycle
GENERAL SUMMARY
The Vice President – Revenue Cycle works in collaboration with the Sr. Vice President of Finance and Chief Revenue Officer and the Revenue Cycle Leadership Team and staff to build and deploy a vision and strategies for the management of Revenue Cycle transactions for all acute care hospitals and employed physicians across Henry Ford Health System. The Revenue Cycle Leadership Team includes multiple Vice Presidents who are each separately responsible for certain revenue cycle departments from the following group:
Patient Access
Hospital Patient Access Departments
Central Authorization
Insurance Verification
Middle Revenue Cycle
Health Information Management (HIM)
Release of Information (ROI)
Scanning
DRG Coding
Surgical Coding
Inpatient Professional Coding
ED Coding
Value Based Documentation & Coding including RAF Score support
Clinical Documentation Improvement
Provider Education
Central Business Office
Hospital Insurance Recovery
Professional Services Insurance Recovery
Coding Recovery
Transaction Flow
Patient Services
Call Center
The VP Revenue Cycle and other members of the Leadership Team are jointly responsible for the annual update and execution of the Revenue Cycle Playbook designed to continue Transformational activities to result in World Class Performance in the areas of:
Yield Management
Risk Adjustment Factor Management
Acceleration of Accounts Receivable
Compliance
Cost-to-Collect
Staff Engagement
Patient Engagement
This executive provides leadership for human resources, work processes, and information technology for assigned functions across all service locations. The individual in this role fosters a culture of innovation, employee development, safety, accreditation, and responsible business performance. This leader works to integrate Revenue Cycle services with the vision and mission of the organization and its operating units.
Key transformational areas of focus will include:
Use of advanced analytics to segment populations and activities for the purpose of supporting customized responses
Deployment of Robotic Process Automation for repetitive tasks
Redeployment of labor savings into areas of enhanced service for patients and clinical customers
Acceleration of adoption of emergent technology to facilitate automation of coding and documentation and other processes
Use of Artificial Intelligence and Machine Learning to segment review, querying and educational activities in areas most critical to performance areas
Development of clinically based alerts in Epic and integrated bolt-ons to facilitate accurate documentation & coding
Promotion of voice recognition and NLP as an alternative to manual dictation & transcription
Promotion of continued exodus from paper records & scanning, and for those areas where scanning is necessary, movement of processes towards point-of-service
EDUCATION/EXPERIENCE Required
Bachelors degree is required.
Masters degree in business or health related field is strongly preferred.
Minimum 10 years of progressive leadership including director level responsibility in a complex healthcare organization.
Exceptional business acumen including experience in contracting or group purchasing required.
Exceptional interpersonal skills for written, verbal, presentation, and computer communication required.
Experience with leading integration or other large transformation projects is preferred.
Additional Details
This posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers.
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is
committed to the hiring, advancement and fair treatment of all individuals without regard to
race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height,
weight, marital status, family status, gender identity, sexual orientation, and genetic information,
or any other protected status in accordance with applicable federal and state laws.