Revenue Cycle Director Healthcare in Chicago, IL

Revenue Cycle Director Healthcare Job Description

Extensive knowledge of the healthcare revenue-cycle environment and a strong understanding of medical billing principles are required for this position. Experience in revenue-cycle system implementation, configuration, and assessment and knowledge of medical records information systems are important to the role, along with knowledge of medical terminology. Candidates should have a proven ability to develop, analyze, implement and monitor productivity levels and quality-improvement strategies, as well as the ability to communicate effectively with administrators, physicians and peers. A bachelor’s degree in business, finance, accounting or healthcare administration and at least 10 years of healthcare revenue cycle and supervisory experience are required; a professional coder certification is preferred.

Typical revenue cycle director duties:

Overseeing and managing the operations of the billing department

Planning and directing patient insurance documentation, workload coding, billing and data processing to ensure accurate billing and efficient account collection

Analyzing billing and claims for accuracy and completeness, submitting claims to proper insurance entities and working with denials teams to follow up on discrepancies

Auditing current procedures to monitor and improve efficiency of billing operations

Ensuring that billing operations are conducted in compliance with federal, state and payer regulations, guidelines and requirements

Participating in the development and implementation of operating policies and procedures

Supervising billing personnel

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Salary for Revenue Cycle Director Healthcare in Chicago, IL

103090 - 158905

25th percentile

103090

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

133895

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

158905

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

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25th percentile

50th percentile

75th percentile

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75030

91805

106750