Director-Financial Clearance

About the role

At Cincinnati Children's, we come to work with one goal: to make children's health better. We believe in a holistic team approach, both in caring for patients and their families, and in advancing science and discovery. We strive to do better and find energy and inspiration in our shared purpose. If you want to be the best you can be, you can do it at Cincinnati Children's. Cincinnati Children's is: Recognized by U.S. News

Benefits

Additional Information

JOB RESPONSIBILITIES Revenue Cycle - Optimize revenue, ensure complete and accurate physician hospital and/or home health billing and compliant coding, monitoring associated charge capture; developing/expanding programs; effective denial management; and monthly revenue reporting. Oversee insurance verification and authorization processes to ensure timely approvals for services, procedures, and medications Partner with clinical and billing teams to reduce authorization-related denials and delays in reimbursement Monitor payer requirements and ensure compliance with prior authorization guidelines and documentation standards Operational Management - Propose, research, and manage the development, implementation and assessment of long and short term operating goals and objectives. Operationalize, implement and monitor assigned strategic initiatives. Drive execution of the assigned strategic plan components. Lead process improvements related to authorization workflows to improve turnaround time and patient access Collaborate across departments to ensure alignment between authorization, scheduling, and revenue cycle functions Project Management - Provide leadership for the overall direction, coordination, implementation, execution, control and completion of specific projects ensuring consistency with organizational strategy, commitments and goals. Define project scope, goals, deliverables and resource requirements. Define and manage the project budget. Develop project plans, resource allocation, and timeline. Manage the day-to-day operational aspects of a project and scope. Direct assigned project team ensuring effective utilization of resources. Monitor project deliverables and report on progress of the project to all stakeholders. Lead projects focused on improving insurance authorization processes, automation, and payer communication strategies Performance Management - Direct the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees, workforce planning, succession planning; attracting and retaining top performers, partnering with leadership and Human Resources to develop effective and appropriate recruitment packages, and effective on-boarding programs for staff; effective performance management of direct reports; in partnership with leadership, provide mentoring and development to faculty and other leaders in effective performance management; mentor and provide learning and development opportunities for direct reports and others in business roles; effectively and appropriately leveraging human resources business partners to meet the division's talent management goals; ultimate responsibility for supporting organizational programs/plans that impact employees and ensuring communication, comprehension, and adherence to all Human Resources policies and related legal and/or compliance requirements. Ensure staff are trained and proficient in insurance authorization, payer requirements, and denial prevention strategies Financial Management - Overall accountability for the financial management functions for the department. Develop, implement, evaluate and manage the department's annual and capital budget to achieve the Divisional and Departmental objectives; establish internal controls for cash management; implement and maintain a process for financial controls and external financial audits; develop and implement accounts receivable management; analyze and monitor financial performance and report financial results to stakeholders; evaluate variances, determine underlying causes and identify, present, and implement proposed solutions; establish and monitor productivity metrics; ultimate accountability for compliance with organizational financial policies and procedures. Analyze financial impact of authorization trends, including denial rates and approval turnaround times, and implement corrective actions Additional Scope Oversees billing and receivables across different areas of the hospital Ensures effective coordination between billing, authorization, and payer relations to support timely reimbursement and optimal patient experience JOB QUALIFICATIONS Bachelor's degree in a related field 7+ years of work experience in a related job discipline Primary Location South Campus Schedule Full time Shift Day (United States of America) Department Financial Clearance Center Employee Status Regular FTE 1 Weekly Hours 40 *Expected Starting Pay Range *Annualized pay may vary based on FTE status $100,526.40 - $130,686.40

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