Vice President of Revenue Cycle
Myriad Genetics
Job Description
Position Summary
Myriad Genetics seeks a dynamic and strategic Vice President of Revenue Cycle to lead our end-to-end revenue cycle management. This role is critical in optimizing the financial health of the organization, driving revenue growth, ensuring compliance, and enhancing patient and client satisfaction. The VP of Revenue Cycle will collaborate across functions, leveraging technology and data insights to create innovative solutions that improve efficiency and outcomes.
Key Responsibilities
- Strategic Leadership: Develop and execute a comprehensive revenue cycle strategy aligned with organizational goals and market trends.
- Operational Excellence: Oversee all aspects of the revenue cycle, including patient access, billing, collections, and denials management, ensuring timely and accurate processing.
- Compliance and Risk Management: Ensure adherence to regulatory requirements and payer guidelines while implementing risk mitigation strategies.
- Technology and Innovation: Identify and implement advanced technologies to streamline processes, improve accuracy, and enhance user experience.
- Collaboration and Alignment: Partner with clinical, financial, and operational leaders to align revenue cycle practices with Myriad's broader business objectives.
- Data-Driven Insights: Utilize analytics to monitor performance, identify improvement opportunities, and inform decision-making.
- Team Development: Build and mentor a high-performing revenue cycle team, fostering a culture of accountability and continuous improvement.
Qualifications
- Bachelor’s degree in business, healthcare administration, or a related field; MBA or equivalent advanced degree preferred.
- Strong grasp of accounting principles and revenue recognition. Prior close collaboration with finance partners critical.
- 10+ years of progressive leadership experience in revenue cycle management within the healthcare or biotech industry.
- Proven success in managing large-scale revenue cycle operations, including working with commercial payers, Medicare, and Medicaid.
- Expertise in leveraging technology, such as EHRs, billing platforms, and analytics tools, to drive efficiency and accuracy.
- Strong understanding of regulatory requirements, coding standards, and payer relationships.
- Excellent leadership, communication, and interpersonal skills, with the ability to engage and inspire cross-functional teams.
- Intellectual flexibility.
Why Join Myriad Genetics?
At Myriad Genetics, we are committed to improving lives through genetic testing and precision medicine. As the VP of Revenue Cycle, you will have the opportunity to shape strategies that make a meaningful impact on our mission and the patients we serve.
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About Us
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. In hiring and all other employment decisions, we prohibit discrimination and harassment on the basis of any protected characteristic, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Please answer all questions completely. Please do not provide any information not specifically requested on this Employment Application form.
About the Team
Job Info
- Job Identification 4610
- Job Category Payer Markets
- Posting Date 01/14/2025, 05:36 PM
- Degree Level Bachelor of Arts
- Job Schedule Full time
- Locations 322 N 2200 W, Salt Lake City, UT, 84116, US (Remote)
- Hourly Salary Salary
- Minimum Salary 231,400.00
- Midpoint Salary 289,300.00
- Wage Disclaimer In accordance with various state and municipal wage transparency laws, the anticipated wage/salary range for this position is above. The actual base pay for this role will be based on several factors, including geographic location, relevant work experience, education, skills, and applicable achievements. Compensation may vary outside of this range in rare cases where candidates have uniquely relevant skillsets and experience that will bring additional value to the role and to Myriad. To drive ongoing pay equity for employees, Myriad conducts regular internal reviews across categories of ethnicity and gender.
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