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Hospital Risk Manager Jobs in Charlottesville, VA

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Hospital Risk Manager information

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$51.1K

$110.6K

$168.6K

How much do hospital risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for hospital risk manager in Charlottesville, VA is $110,627.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $127,900.00 per year, depending on experience, location, and employer.

What is a hospital risk manager?

Hospital risk managers are professionals responsible for identifying, assessing, and minimizing risks within healthcare facilities to ensure patient safety and protect the hospital from legal and financial liabilities. They analyze incidents, develop policies and procedures, conduct staff training, and collaborate with other departments to address potential risks. Their work helps maintain compliance with regulations, improve patient care quality, and reduce the likelihood of lawsuits or costly errors.

What are some common challenges faced by hospital risk managers?

Hospital Risk Managers often face the challenge of balancing regulatory compliance with patient care needs. They must stay updated on constantly changing healthcare laws and accreditation standards, while also working with clinical and administrative teams to identify and mitigate risks. Coordinating incident investigations and implementing effective risk-reduction strategies requires strong communication and analytical skills. Additionally, managing multiple priorities such as data analysis, staff training, and reporting can be demanding, but these tasks are crucial to maintaining a safe hospital environment.

What are the key skills and qualifications needed to thrive as a hospital risk manager?

To thrive as a Hospital Risk Manager, you need a solid understanding of healthcare regulations, risk assessment, and compliance, typically supported by a degree in healthcare administration or a related field and relevant experience. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These competencies are essential for identifying potential risks, ensuring regulatory compliance, and promoting patient and staff safety in a complex healthcare environment.

What is the difference between Hospital Risk Manager vs Hospital Safety Coordinator?

AspectHospital Risk ManagerHospital Safety Coordinator
CertificationsRisk Management Certification, CPR, OSHA trainingOSHA training, Safety certifications
Work EnvironmentAdministrative, strategic planning, policy developmentOn-site safety inspections, staff training
Employer & Industry UsageHospitals, healthcare organizationsHospitals, clinics, healthcare facilities

The Hospital Risk Manager focuses on identifying and mitigating risks across the hospital, including legal and financial risks, while the Hospital Safety Coordinator concentrates on maintaining a safe environment through inspections and safety protocols. Both roles require safety-related certifications and work within healthcare settings, but their primary responsibilities differ in scope and focus.

How to become a hospital risk manager?

To become a hospital risk manager, individuals typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Many employers prefer candidates with professional certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). Developing skills in risk assessment, compliance, and incident investigation is also important for success in this role.

Is healthcare risk management a good career?

Hospital risk managers play a vital role in identifying and reducing risks within healthcare facilities, ensuring patient safety and compliance with regulations. The field offers opportunities for advancement, requires strong analytical and communication skills, and often involves certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). It is considered a stable and growing career path in healthcare administration.

What does a hospital risk manager do for a hospital?

A hospital risk manager is responsible for identifying, assessing, and minimizing risks to patient safety, staff, and the organization. They develop safety protocols, investigate incidents, ensure compliance with regulations, and implement strategies to reduce liability and improve overall healthcare quality.

What job categories do people searching Hospital Risk Manager jobs in Charlottesville, VA look for?

The top searched job categories for Hospital Risk Manager jobs in Charlottesville, VA are:

What cities near Charlottesville, VA are hiring for Hospital Risk Manager jobs?

Cities near Charlottesville, VA with the most Hospital Risk Manager job openings:

Infographic showing various Hospital Risk Manager job openings in Charlottesville, VA as of August 2026, with employment types broken down into 82% Full Time, 15% Part Time, and 3% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $110,627 per year, or $53.2 per hour.

Chief Clinical Revenue Cycle Officer

University of Virginia

Charlottesville, VA • On-site

Full-time

Posted 3 days ago

New


University Of Virginia rating

7.9

Company rating: 7.9 out of 10

Based on 35 frontline employees who took The Breakroom Quiz

208th of 619 rated colleges and universities


Job description

The role leads the organization's comprehensive medical coding operations overseeing both professional and hospital coding service lines and provides strategic and operational leadership for utilization management, clinical documentation excellence, and physician advisory services. The role ensures optimal resource utilization, accurate clinical documentation, regulatory compliance, and maximum appropriate reimbursement while supporting the institution's clinical, research, and educational missions.
Essential Duties and Responsibilities:
Operational Leadership Coder Education Provider Education Analytics Support Technology/Workflow Optimization
Direct and oversee day-to-day operations of the clinical revenue cycle.
Ensure timely, accurate, and compliant coding, charge capture and patient status across hospitals and medical groups.
Establish operational priorities, performance standards, and service expectations for all assigned functional areas.
Monitor workload distribution, staffing effectiveness, productivity, and operational throughput to ensure optimal performance.
Lead process improvement efforts to standardize workflows, reduce manual rework, and increase efficiency.
Financial Accountability
Identify and address sources of revenue leakage, reimbursement delays, and process failures affecting account resolution and/or net revenue collections.
Oversee escalation and resolution of high-value, high-complexity, or high-risk accounts.
Lead the denial management strategy to significantly reduce clinical and coding payer denials.
Establish accountability mechanisms for denial reduction and appeal recovery performance.
Ensure consistent tracking, categorization, and reporting of clinical and coding denials by payer, service line, department, entity, and root cause. Collaborate with upstream and downstream stakeholders to resolve issues affecting financial performance related to utilization management, coding, and documentation.
Forecast financial impacts of changing CMS regulations, IPPS updates, and commercial payer policies.
Implement processes to ensure DRG optimization, E&M documentation, HCC capture rates, and UM decision making.
Implement processes to improve CMI and RAF performance.
Compliance and Quality Management
Develop and enforce policies for admission, continued stay, and discharge reviews.
Lead interdisciplinary initiatives to optimize level of care decisions, length of stay, and medical necessity documentation.
Integrate clinical documentation practices with quality metrics and risk adjustment.
Ensure strict adherence to CMS, OIG, HIPPA and official coding guidelines.
Oversee internal and external coding audit programs.
Mitigate compliance risks by implementing corrective action plans.
Serve as the primary liaison for coding compliance investigations.
Support value-based contract performance.
Align documentation with population health outcomes.
Physician Engagement, Education, and Collaboration
Deploy Physician Advisors to manage complex medical necessity reviews.
Educate providers on documentation specificity and compliance.
Present performance data to clinical chairs to drive engagement.
Educate physicians on the direct link between clinical documentation, risk adjustment and health system funding.
Engage clinical department chairs and faculty with data transparency to improve documentation specificity.
Drive peer-to-peer appeal processes to secure appropriate financial reimbursement.
Assist in development of EHR workflows to assist in teaching physicians.
Analytics, Reporting, and Performance Management
Develop, analyze, and present operational and financial performance reports, dashboards, and trend analyses for executive leadership and operational stakeholders.
Monitor key performance indicators and identify opportunities for improvement at the enterprise, entity, specialty, department, payer, and functional levels.
Use data to inform resource allocation, operational redesign, vendor oversight, and strategic initiatives.
Translate analytics into actionable plans with measurable outcomes and accountability.
Technology and Process Optimization
Implement technology solutions including AI-driven CDI and electronic UM workflows
Partner with information technology and operational leaders to optimize Epic functionality, work queues, automation tools, edits, and workflow design.
Lead or support system implementation, conversion, upgrade, and optimization efforts related to areas of responsibility within the clinical revenue cycle
Recommend and implement technology-enabled solutions that improve productivity, reduce denials, enhance reporting, and strengthen provider engagement.
Optimize coding workflows to minimize discharged not final billed (DNFB) and Professional Pre-AR.
Leadership and Talent Management
Provide leadership, coaching, and performance management to managers, supervisors, and staff within patient financial services.
Foster a culture of accountability, continuous improvement, collaboration, service excellence, and equity.
Develop staff capabilities through mentoring, education, and succession planning. Chief Clinical Revenue Cycle
Ensure clear communication of goals, organizational priorities, policy updates, and performance expectations.
Vendor Management
Oversee performance of external vendors, agencies, and business partners supporting coding functions or other specialized services.
Establish service level expectations, review performance trends, and ensure contractual compliance and value realization.
Escalate and resolve vendor-related issues affecting revenue leakage or compliant coding and billing.
Knowledge, Skills, and Abilities
Expert knowledge of CMS guidelines and Medicare Conditions of Participation, DRG assurance, and Hierarchical Condition Categories (HCC).
Expertise in InterQual or MCG criteria and clinical architecture.
Strong negotiation skills for payer disputes and physician engagement. Ability to analyze complex financial and operational data, identify trends, and drive measurable improvement.
Strong leadership, organizational, and change management skills.
Excellent written and verbal communication skills, including the ability to present to senior executives, physicians, faculty practice leaders, and cross-functional stakeholders.
Ability to build collaborative relationships across operational, clinical, administrative, and academic teams.
Strong problem-solving, decision-making, and execution skills in a dynamic and highly regulated environment.
Commitment to patient-centered service, operational integrity, compliance, and continuous improvement.
MINIMUM REQUIREMENTS
Education: MD, DO, or APP degree from an accredited medical school Experience: Cumulative 10 years of leadership experience in medical decision making, utilization management, case management, clinical documentation improvement or coding compliance with a demonstrated track record of success
Licensure: Active state medical license and current board certification. Preferred Certifications: CHCQM or standard physician advisor. Certified Case Manager (CCM), Certified Clinical Documentation Specialist (CCDS), Certified Documentation Improvement Practitioner (CDIP), Certified Professional in Utilization Review (CPUR), Certified Professional Coder CPC), Certified Coding Specialist (CCS), Certified Coding Specialist-Physician-based (CCS-P), or Certified Inpatient Coder (CIC).
MINIMUM REQUIREMENTS:
Education: Bachelor's degree required.
Experience: 10 years relevant experience.
Licensure: None.
PHYSICAL DEMANDS:
This is primarily a sedentary job involving extensive use of desktop computers. The job does occasionally require traveling some distance to attend meetings, and programs.
Job Profile
J1138 - Business and Finance Senior Administrator 1
Career Stream and Level
Senior Administrator-S1
The University of Virginia is an equal opportunity employer. All interested persons are encouraged to apply, including veterans and individuals with disabilities. Learn more about UVA's commitment to non-discrimination and equal opportunity employment .

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About University of Virginia

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The University of Virginia is distinctive among institutions of higher education. Founded by Thomas Jefferson in 1819, the University sustains the ideal of developing, through education, leaders who are well-prepared to shape the future of the nation.

Industry

Colleges, universities, and professional schools

Company size

10,000+ Employees

Headquarters location

Charlottesville, VA, US

Year founded

1819