Associate Director- RCM
Posted Updated
Description
Role Overview:-
Annova Solutions is looking for an experienced Revenue Cycle Management
professional to play a key role in expanding our Provider RCM practice. This position
requires a strong combination of RCM operations expertise, analytical capability,
client-facing skills, and solution design experience.
The ideal candidate should be able to independently review an ATB/AR file, understand
the composition and quality of the inventory, identify revenue recovery
opportunities, and develop actionable recovery strategies and operating models.
This individual will also serve as an RCM Subject Matter Expert (SME) in client
discussions, solution sessions, due diligence, and new business pursuits as Annova
scales its RCM service line.
Key Responsibilities:-
• Lead and support RCM operations across areas such as Accounts Receivable,
Denials Management, Claims Follow-up, Underpayments, Payment
Variance, Billing and Revenue Recovery.
• Independently analyze ATB/AR inventory by aging, payer, balance, denial
category, claim status, specialty, location and other relevant dimensions.
• Identify collectability, liquidation opportunities, high-value inventory, denial
trends and root causes within AR portfolios.
• Develop revenue recovery models that estimate collectible dollars, recovery
timelines, staffing requirements, productivity, cost-to-collect and expected ROI.
• Segment inventory and develop differentiated work strategies based on age,
balance, payer, denial type, likelihood of recovery and financial impact.
• Establish operational KPIs including AR days, aging distribution, denial rates,
net collection rate, cash collections, productivity, quality, liquidation rate
and cost-to-collect.
• Identify opportunities for automation, analytics, workflow optimization and
AI-enabled interventions across the revenue cycle.
• Serve as the RCM SME during client meetings, confidently discussing
operational challenges, performance improvement opportunities and proposed
solutions with client leadership.
• Participate in new business pursuits, discovery sessions, RFPs, solution
design, due diligence and presentations.
• Translate client data and operational challenges into a compelling business
case, staffing model, transition approach and value proposition.
• Help develop Annova's RCM capabilities, including SOPs, operating models,
productivity benchmarks, solution frameworks, governance structures and
best practices.
• Support transition and stabilization of new RCM engagements and work closely
with Operations, Analytics, Technology and Business Development teams
Requirements
Required Experience & Skills:-
• 8–10+ years of experience in US Healthcare Revenue Cycle Management,
preferably within healthcare BPO, provider operations, consulting or RCM
services.
• Strong hands-on experience in AR follow-up, denials, claims management and
revenue recovery.
• Demonstrated ability to analyze large ATB/AR datasets and convert the analysis
into actionable recovery strategies.
• Strong understanding of payer behavior, claim lifecycle, denial categories,
aging, timely filing, appeals and reimbursement processes.
• Ability to develop revenue recovery forecasts, staffing models, productivity
assumptions and financial/business cases.
• Strong analytical skills with advanced proficiency in Excel; experience with
BI/analytics tools is preferred.
• Strong understanding of RCM operational metrics and industry benchmarks.
• Excellent client-facing communication and presentation skills, with the ability
to operate as a credible SME with senior client stakeholders.
• Experience supporting solution, pre-sales, RFPs or new client pursuits is
highly desirable.
• Ability to move comfortably between detailed operational analysis and
executive-level conversations.
• Experience managing teams and driving operational performance in a metrics
driven environment.