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Prime Healthcare

Acquires and reorganizes underperforming hospitals

Corporate Director - Patient Financial Services Outsourcing & Strategic Initiatives

Clinical Support & Patient AdministrationConfirmed live in the last 24 hours
Full-timeFarmers Branch, TX, USANo salary listedIn-person

About the Job

Requirements

  • A Bachelor's degree (B.A./B.S.), a minimum of 8-10 years of related experience and/or training, or an equivalent combination of education and experience is required.
  • Five years of experience in an acute hospital or facility revenue cycle setting is required.
  • Working knowledge of the revenue cycle spectrum, including Patient Access, Coding, DNFB, Billing, and Collections, is required.
  • In-depth working knowledge and experience with EPIC and clearinghouses is required, preferably.
  • Prior experience creating and implementing enterprise controls and oversight for outsourcing vendor relationships is required.
  • Ability to review and negotiate vendor agreements and scopes of work to ensure alignment with business needs and strategy is required.
  • Strong communication and relationship management skills are required.
  • Ability to form collaborative working relationships is required.
  • Strong analytical and problem-solving skills are required, including the ability to review weekly and monthly metrics, leading and lagging key performance indicators, and own action plans.
  • Ability to envision and execute process and policy changes, changes in corporate culture, and alignment between enterprise strategy and individual business channel needs is required.

Responsibilities

  • Implement and manage the Strategic Right-sourcing Program.
  • Own the operating portfolio under the Outsourcing program across Revenue Cycle Management for Prime Healthcare.
  • Manage risk, value, and performance of outsourcing vendor relationships.
  • Develop and implement Patient Financial Services improvement initiatives to maximize organizational value.
  • Align and supplement existing Vendor Management policies and practices.
  • Manage multiple programs, projects, and action items concurrently to drive performance across the enterprise.
  • Analyze the end-to-end revenue cycle as needed.
  • Analyze unusual billing and collection trends through large datasets and identify opportunities for process improvement and reimbursement optimization.
  • Identify, trend, and own portfolios of complex claims, including third-party claims, TDRG, and zero-balance claims.
  • Assist in remediating denial trends, including coordination with other departments as required.
  • Drive programs to increase patient liability collections, including early-out, bad-debt, and primary, secondary, and tertiary placements as needed.
  • Drive digital transformation, patient education, and changes in payment behavior.

Desired Qualifications

  • Basic navigation of EPIC systems.
  • Experience with Change Healthcare products, including Relay Assurance.
  • Ability to work with large datasets and advanced Excel functions.
  • Proficiency in Excel, PowerPoint, and other Microsoft products.
  • Working knowledge of SQL and ability to run basic functions.

About the Company

Prime Healthcare

Acquires and reorganizes underperforming hospitals

Prime Healthcare operates a network of hospitals and outpatient centers across the United States, concentrating on turning around financially struggling facilities. It invests in infrastructure and technology, restructures operations, and negotiates payer terms (including pursuing higher out-of-network reimbursements) to improve financial performance, and it manages both for-profit hospitals and not-for-profit facilities through the Prime Healthcare Foundation. The company aims to raise clinical quality and patient safety while expanding access in hundreds of communities, though it has faced legal and regulatory scrutiny over billing practices and service-line decisions. Its goal is to stabilize and improve the financial and clinical performance of underperforming hospitals so they can continue serving their communities.

Company size
5,001-10,000
Company stage
Debt Financing
Total funding
$2.2B
Headquarters
Ontario, CA
Founded
2001

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