Opportunity
Fred Hutch, the Northwest’s leading cancer center, is a premier $2B oncology care and research institute seeking an entrepreneurial and transformative executive as its Revenue Cycle Leader.
Reporting directly to the CFO, the Revenue Cycle Leader provides centralized oversight and expert management for all of Fred Hutch’s revenue cycle activities, representing $1.3B in net patient services revenue. As Fred Hutch undergoes a clinical operations and access redesign journey, this change agent will join as a critical member of the finance leadership cabinet, setting a clear course for the modernization of revenue cycle functions by collaborating with and inspiring finance, operations, clinical, payer strategy, and technology leaders across the organization to build on strengths and set go-forward standards of excellence.
Position Summary
- Provide thought leadership and strategic and operational direction for patient-facing, clinician-facing, and payer-facing aspects of the Revenue Cycle. Collaboratively lead in shaping and modernizing Fred Hutch’s revenue cycle and related functions.
- Oversee the development of a contemporary, growth-focused approach to the people, processes, and systems associated with the Revenue Cycle. Evolve from legacy systems into a cohesive operation utilizing contemporary tools and techniques.
- Influence and lead Fred Hutch clinicians, clinical operations staff, and IT professionals to improve workflows and to determine and correct root causes of claims denials and delays and to identify opportunities for more effective and efficient collections. Take a lead FH role on similar work with counterparts at UW Medicine.
- In partnership with the Chief Compliance Officer, the Revenue Cycle leader is the senior financial executive responsible for ensuring that all billing policies, practices, and operations are fully compliant with regulations, standards, and contract terms.
- With the VP/CFO and leaders in Payer Contracting, Strategy, and Business Economics, develop a strategic approach to negotiating payer agreements and to managing the complex portfolio of contract and payer types.
- With the VP/CFO, VP/CIO, and counterparts at UW Medicine, take a leadership role in developing and maintaining a robust, compliant, cost-efficient and contemporary revenue cycle ecosystem of IT systems, interfaces, and external vendors.
- Take a leadership role in highly visible clinical improvement initiative to ensure revenue cycle goals and principles for maximizing efficient revenue collection are incorporated into clinical operations and staffing.
Position Requirements
- Bachelor’s degree is required.
- Master’s degree (MBA or MHA) is preferred.
- Minimum of 10 years of relevant experience with at least three years in a senior leadership role directly supervising a revenue cycle operation.
- Epic experience is strongly preferred.
- Experience in a complex academic health environment, ideally in oncology, is preferred.
- Ability to design the best division of labor between clinical ops and revenue cycle for patient-facing and clinical-facing workflows.
- Ability to strategically manage a portfolio of external vendors (denials management collections, etc.)
- Ability to provide knowledgeable thought leadership of the evolution of the revenue cycle enterprise and to inspire and develop talent.
Compensation
An attractive compensation package will be offered with a salary range of $254k to $447k and a compensation structure commensurate with the candidate’s experience.
