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VP - Revenue Cycle Management - (230089)

Universal Health Services

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Universal Health Services
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Job Details

Deltek Talent Management - VP - Revenue Cycle Management - (230089)

Job Details

VP - Revenue Cycle Management - (230089)

Facility Name
UHS Corporate Office
KING OF PRUSSIA, PA 19406 US (Primary)
Career Area
Job Description

Universal Health Services, Inc. (UHS) knows what it takes to lead, inspire and succeed. One of the nation’s largest and most respected hospital companies, UHS owns and operates through its subsidiaries acute care hospitals, behavioral health facilities and ambulatory centers in the United States, Puerto Rico, the U.S. Virgin Islands and the United Kingdom.

UHS built an impressive record of achievement and performance, steadily growing from a start up company with zero revenue into a Fortune 500 corporation with annual revenue that exceeds $9 billion. The company's operating philosophy has pr oven to be effective: Build or acquire high quality hospitals in rapidly growing markets, then invest in the people and equipment needed to allow each facility to thrive and become a dominant healthcare provider in its community.

Headquartered in King of Prussia, PA, UHS ranks on the Fortune 500 list of America's largest corporations with over 74,000 employees, and is consistently listed among Fortune's "Most Admired Companies” and one of the 30 Most Meaningful Companies To Work For in America by Business Insider.

In the role, the VP of Revenue Cycle Management plans, develops, directs, and evaluates the overall policies, objectives and initiatives for the UHS Acute Division revenue cycle process. Reviews, designs and implements systematic approaches to maximize revenue and cash flow, while minimizing bad debt to ensure that the clinical revenue cycle is effective and properly utilized. Provides leadership for developing and overseeing systems and processes to create efficiencies and improvement in the areas of registration, insurance verification, financial counseling, billing, collections and customer service.

  • Plans, directs and supervises revenue cycle systems and operations.
  • Actively works with the Acute Division Hospitals’ Leadership Teams and corporate leaders to review revenue cycle performance and pursue ways to improve cash flow.
  • Addresses regulatory reimbursement and managed care issues related to revenue cycle management.
  • Develops and implements policies and procedures to ensure that the clinical revenue cycle is effective and properly utilized.
  • Directs technology related activities to achieve desired goals and maintain compliance with federal, state and local regulations.
  • Develops budgetary goals and initiates corrective action to address variances.
  • Interacts with vendors and various departments that impact the revenue cycle management results, including: Patient Access, Patient Accounting, HIM Case Management, I/S, Finance and hospital patient care areas.
Job Requirements

Bachelor’s degree in Health or Business Administration is required. A Master’s degree in health or business administration and/or certification by the American College of Medical Practice Executives is preferred.

Ten years of Revenue Cycle experience in a complex healthcare organization, preferably national in scope.
• Strong understanding in the financial management, and business and revenue cycle operations of a complex, integrated healthcare delivery network
• Knowledge of fiscal management techniques, revenue cycle management and third party reimbursement
• Knowledge of health care administration systems
• Knowledge of governmental regulations and compliance requirements
• Knowledge of computer systems and applications relative to revenue cycle
• Skill in planning, organizing and supervising
• Skill in exercising initiative, judgment, problem-solving, decision-making
• Skill in developing and maintaining effective relationships with medical and administrative staff, patients and the public
• Ability to analyze and interpret complex data and prepare comprehensive reports
• Ability to communicate effectively in writing and verbally
• Skill in human resources management, organization and team building.
• Travel is required (40% - 50%)

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