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Director Of Rcm Jobs in Virginia (NOW HIRING)

RCM Health Care Services

Pharmacist

Chesapeake, VA · On-site

$53.25 - $64/hr

Referral Bonus Program * Weekly Direct Deposit * Clinical Support About Us: RCM Health Care ... We deliver timely results and have built a reputation of trust with our clients and candidates.

RCM Health Care Services

Physical Therapist/PT

Richmond, VA · On-site

$1.6K - $2.1K/wk

Referral Bonus Program * Weekly Direct Deposit * Clinical Support About Us: RCM Health Care ... We deliver timely results and have built a reputation of trust with our clients and candidates.

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Director Of Rcm information

What does a director of RCM do?

A Director of RCM (Revenue Cycle Management) oversees all aspects of the revenue cycle within a healthcare organization. This includes managing patient registration, billing, claims processing, and collections to optimize revenue and ensure compliance with regulations. They develop strategies to reduce denials, improve cash flow, and streamline processes across departments. Additionally, they often lead teams, analyze financial data, and implement new technologies to enhance efficiency and accuracy.

What are the key skills and qualifications needed to thrive as a director of RCM, and why are they important?

To thrive as a Director of Revenue Cycle Management (RCM), you need expertise in healthcare finance, medical billing, coding, and typically a bachelor's degree in healthcare administration or a related field. Familiarity with RCM software platforms, EHR systems, and relevant certifications like Certified Revenue Cycle Executive (CRCE) are highly valued. Strong leadership, problem-solving abilities, and effective communication skills help manage teams and drive process improvements. These skills are crucial for optimizing revenue streams, ensuring compliance, and maintaining the financial health of healthcare organizations.

What are some common challenges directors of RCM face when overseeing revenue cycle operations, and how can they proactively address them?

Directors of Revenue Cycle Management (RCM) often encounter challenges such as maintaining compliance with evolving healthcare regulations, ensuring timely reimbursements, and coordinating cross-departmental workflows. Proactively addressing these issues involves implementing robust training programs for staff, leveraging technology to track key performance indicators, and fostering strong communication between billing, coding, and clinical teams. Staying current with payer requirements and collaborating closely with IT and compliance teams can also help mitigate risks and improve overall revenue cycle efficiency.

What is the difference between Director Of Rcm vs Revenue Cycle Manager?

AspectDirector Of RcmRevenue Cycle Manager
CredentialsTypically requires a bachelor’s degree in healthcare administration, finance, or related field; certifications like CPC or RHIT are commonUsually holds a bachelor’s degree; certifications like CPC or RAC may be preferred
Work EnvironmentOversees multiple departments, strategic planning, and high-level decision-making in healthcare organizationsManages daily revenue cycle operations, billing, and collections at departmental level
Employer & Industry UsageCommonly found in hospitals, large clinics, and health systemsTypically employed in hospitals, physician practices, and outpatient facilities

The main difference is that the Director Of Rcm focuses on strategic oversight and leadership of the entire revenue cycle, while the Revenue Cycle Manager handles day-to-day operations and departmental management. Both roles require healthcare finance knowledge and certifications, but the Director role involves higher-level planning and decision-making.

How much does a director of RCM make?

A Director of Revenue Cycle Management (RCM) typically earns between $100,000 and $180,000 annually, depending on experience, location, and the size of the organization. They often oversee billing, collections, and coding teams, requiring strong leadership and healthcare industry knowledge.

What cities in Virginia are hiring for Director Of Rcm jobs?

Cities in Virginia with the most Director Of Rcm job openings:

Director Of Rcm jobs near you

Executive Director of Revenue Cycle Management

Norfolk, VA • On-site

Old Dominion University
Colleges, Universities, and Professional Schools • 1 - 5K employees
Learn more about Old Dominion Universityexternal

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This job post has expired 1 day ago. Applications are no longer accepted.

Old Dominion University rating

7.5

Company rating: 7.5 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description

Executive Director Of Revenue Cycle Management

The Executive Director of Revenue Cycle Management (ED RCM) is responsible for the operational leadership and performance of the Medical Group's revenue cycle. This role oversees call center, mid-cycle (charge capture, coding and revenue integrity), and back-end revenue cycle functions and ensures consistent execution of policies, workflows, and performance expectations across all Medical Group practices.

The ED RCM operationalizes revenue cycle strategy, drives KPI performance, and ensures Epic Revenue Cycle-enabled workflows support accurate charge capture, timely billing, regulatory compliance, and optimal cash flow, with scope and priorities aligned to evolving organizational needs, reporting jointly to the Medical Group Chief Executive Officer (CEO) and ODU Chief Revenue Officer (CRO).

This position will be in person in Norfolk, VA.

Responsibilities
  • Leading end-to-end Medical Group revenue cycle operations, including call center, mid-cycle (charge capture, coding, and revenue integrity), and back-end billing and collections functions.
  • Driving revenue cycle performance and accountability through ownership of key operational KPIs, including denial rates, clean claim rates, accounts receivable aging, and net collection performance.
  • Operationalizing revenue cycle strategy in partnership with the Chief Revenue Officer, ensuring alignment with enterprise priorities, governance structures, and financial objectives.
  • Ensuring effective use and optimization of Epic Revenue Cycle systems, including workflow standardization, reporting, security design, and ongoing performance improvement.
  • Maintaining regulatory compliance and revenue integrity, including oversight of billing quality, coding accuracy, audit readiness, and adherence to payer and regulatory requirements.
  • Building and leading a high-performing revenue cycle leadership team, fostering accountability, collaboration, and continuous improvement across all Medical Group practices.
Qualifications

Minimum Qualifications:

  • Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field required; Master's degree preferred
  • 810+ years of progressive experience in physician or Medical Group revenue cycle management
  • Demonstrated experience leading end-to-end professional revenue cycle operations in a multi-specialty physician practice, preferably within an academic medical center
  • Strong knowledge of revenue cycle workflows, healthcare billing regulations, coding guidelines, and payer reimbursement methodologies
  • Experience overseeing Epic revenue cycle operations and operational reporting
  • Proven ability to lead managers and supervisors and hold teams accountable for operational and financial outcomes
  • Experience driving performance improvement, operational efficiency, and change initiatives
  • Strong analytical, communication, and stakeholder management skills

Preferred Qualifications:

  • Master's degree in Healthcare Administration, Business Administration, Finance, or related field preferred
  • One or more of the following certifications preferred:
    • AAHAM Certified Revenue Cycle Executive (CRCE)
    • Certified Revenue Cycle Professional (CRCP)
    • Certified Healthcare Access Management (CHAM)
    • Certified Revenue Cycle Executive-Instructional (CRCE-I)
    • Certified Financial Healthcare Professional (CFHP)
    • Certified Healthcare Financial Professional (CHFP)
    • Certified Medical Practice Executive (CMPE)
Location: Location

US-VA-Norfolk

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