I have been engaged in leading a search for a Chief Revenue Cycle Officer for a large, integrated not for profit health system in the Midwest. This executive will report to the CFO of the system, who is described as someone who you can easily connect and collaborate with in a meaningful way. He’s down to earth and will hear your recommendations and run with them.
The Chief Revenue Cycle Officer will serve as the enterprise leader responsible for aligning revenue cycle operations with the organization’s financial strategy and long-term growth objectives.
The CRCO will oversee the full revenue cycle across the system including patient access, coding, revenue integrity, billing, and collections. They will partner closely with finance, operations, and clinical leadership to strengthen revenue performance, ensure payment accuracy, and improve operational efficiency. The strategic goal is to unify senior revenue cycle leaders across the organization and drive deliberate and dynamic initiatives that enhance reimbursement performance, reduce revenue leakage, and support the system’s broader financial goals.
Salary: The midpoint for this role is $300,000 with a swing on either side based on years of experience and education. This also comes with a 22% leadership bonus structure.
Requirements:
Education:
- Bachelor’s degree in Business, Healthcare Administration, Finance, or a related field required.
- Master’s degree such as an MBA, MHA, or MPH strongly preferred.
Experience:
- Minimum of 10 years of progressive leadership experience in health system revenue cycle operations required.
- Must have Director level experience and up, AVP and VP strongly preferred.
- Demonstrated success leading complex, multi-hospital-site revenue cycle organizations within large healthcare systems required.
- Proven stability in leadership roles required.
- Proven experience improving revenue cycle performance through data driven strategy, operational standardization, and process improvement initiatives.
- Experience working closely with finance, accounting, clinical leadership, and operational executives to optimize financial performance.
Expertise:
- Deep understanding of front end, middle cycle, and back-end revenue cycle operations.
- Strong knowledge of reimbursement methodologies including fee for service, DRG and APC payment models, bundled payments, and value-based care arrangements.
- Experience with major electronic medical record platforms such as Epic or similar systems.
- Strong understanding of revenue integrity, compliance, and regulatory requirements within healthcare.
Leader Competencies:
- Strategic thinker with strong financial and operational acumen.
- Ability to influence across executive teams and drive alignment across complex organizations.
- Proven ability to lead large teams through transformation and performance improvement initiatives.
- Exceptional communication, collaboration, and stakeholder engagement skills.
- High integrity and commitment to advancing the mission and performance of the organization.
If you meet the minimal qualifications and want to be considered immediately, send your resume to krista@thi-search.com