About Us:n
- Ventra is a leading business solutions provider for facility-based physicians practicing anesthesia, emergency medicine, hospital medicine, and now radiology, through the recent combining of forces with Advocate RCM. Focused on Revenue Cycle Management and Advisory services, Ventra partners with private practices, hospitals, health systems, and ambulatory surgery centers to deliver transparent and data-driven solutions that solve the most complex revenue and reimbursement issues, enabling clinicians to focus on providing outstanding care to their patients and communities.
nJob Summary:n
- The Associate Director, Account Receivable will oversee the management and optimization of Account Receivables, ensuring, efficient collections, and compliance with healthcare regulations. This role will collaborate with cross-functional teams to drive revenue growth and enhance operational efficiencies.
- nLocated either at our Chennai, Hyderabad, or Coimbatore Service Delivery Centers (SDC). If not located at the colleague SDC then monthly travel is required.n
Essential Functions and Tasks:n
nFunction:n
- Lead and manage the Account Receivable operations.
nTeam Management:n
- Lead and mentor a team of accounts receivable professionals, including follow up specialists and denials specialists.
nCollections Management:n
- Develop and implement strategies to improve the efficiency and effectiveness of the Accounts Receivables process, reducing bad debt and improving cash flow.
nDenial Management:n
- Analyze and address denials to improve reimbursement rates and reduce write-offs.
nRegulatory Compliance:n
- Ensure compliance with all federal, state, and local regulations related to billing and collections, including HIPAA and Stark Law.
nReporting:n
- Prepare and analyze reports on key performance indicators (KPIs) related to accounts receivable performance, such as days in AR and other key metrics.
nAccount Receivables:
- nDevelop and implement strategies to improve revenue cycle performance and reduce days in accounts receivable.
- nMonitor key performance indicators (KPIs) and provide regular reports to senior leadership on revenue cycle performance and trends.
- nCollaborate with other teams to resolve billing issues and enhance the overall client experience.
nTraining:n
- Collaborate with Training and QA teams to provide training and support to revenue cycle staff, promoting best practices.
nContinuous Improvement:n
- Review the process continuously to identify areas for improvement and implement corrective actions.
nCollaboration:n
- Foster strong relationships with other stakeholders to facilitate efficient and effective resolution.
nEducation and Experience Requirements:n
- College graduate in any stream. Preferred from Healthcare related streams.
- nMinimum of 10 years of experience in core revenue cycle management, in the healthcare sector.
nKnowledge, Skills, and Abilities:n
- Strong knowledge of healthcare regulations, billing practices, and reimbursement methodologies.
- nExcellent analytical skills and the ability to interpret data.
- nProven leadership skills with experience managing teams and driving performance improvement.
- nExceptional communication and interpersonal skills, with the ability to collaborate effectively across departments.
- nProficient in revenue cycle management software, electronic health record (EHR) systems and other technology tools.
- nUnderstanding of federal, state, and local regulations related to healthcare billing and collections.
- nExcellent problem-solving skills.
nVentra Health:n
nEqual Employment Opportunity (Applicable only in the US)
nVentra Health is an equal opportunity employer committed to fostering a culturally diverse organization. We strive for inclusiveness and a workplace where mutual respect is paramount. We encourage applications from a diverse pool of candidates, and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, age, national origin, disability, sexual orientation, gender identity and expression, or veteran status. We will provide reasonable accommodations to qualified individuals with disabilities, as needed, to assist them in performing essential job functions.
nRecruitment Agencies
nVentra Health does not accept unsolicited agency resumes. Ventra Health is not responsible for any fees related to unsolicited resumes.
nSolicitation of Payment
nVentra Health does not solicit payment from our applicants and candidates for consideration or placement.
nAttention Candidates
nPlease be aware that there have been reports of individuals falsely claiming to represent Ventra Health or one of our affiliated entities Ventra Health Private Limited and Ventra Health Global Services. These scammers may attempt to conduct fake interviews, solicit personal information, and, in some cases, have sent fraudulent offer letters.
nTo protect yourself, verify any communication you receive by contacting us directly through our official channels. If you have any doubts, please contact us at [Confidential Information] to confirm the legitimacy of the offer and the person who contacted you. All legitimate roles are posted on https://ventrahealth.com/careers/.
