Henry Ford Health System
Director Net Revenue
Henry Ford Health System, Detroit, Michigan, United States, 48228
The Director Net Revenue is a Hybrid (In Office/Remote) role with Henry Ford Health (HFH). Our HFH office for this position is located in Troy, MI for in office time
Henry Ford Health (HFH), one of the leading healthcare systems in Michigan, continues to grow and innovate, driven in part by its joint venture with Ascension, launched on October 1, 2024. As we expand, we are seeking a highly skilled and experienced Director of Net Revenue to join our team to work collaboratively within a high performing function. This critical role will report to the Director of Corporate Reimbursement and focus on managing and advising on issues related to fee-based reimbursement, ensuring compliance with regulatory changes, and collaborating with key stakeholders across the organization to optimize revenue processes.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Review and advise on monthly net revenue calculations using various tools, including Kodiak RCA.
Review and advise on net revenue budgets.
Maintain expertise in reimbursement regulations & strategies through appropriate education. Provide education and consultation to department staff, governmental affairs and operations on new regulatory issues.
Develop rate-setting strategies and proposals. Develop rates for new services. Coordinate pricing transparency efforts with operations.
Work with revenue cycle, operations, and finance departments on reimbursement issues. Consult on coding and charge master issues.
Provide a leadership role in developing goals and accomplishment of those goals.
EDUCATION/EXPERIENCE REQUIRED:
Bachelor’s Degree in Finance or Health Care Administration; Master’s Degree, preferred
Ten years of progressively more responsible experience in healthcare reimbursement is required
Working knowledge of third party reimbursement mechanisms, basic coding principals, and rate setting strategies
Working knowledge ofKodiak RCAnet revenue and AR valuation reporting
Ability to work collaboratively and communicate in clear concise terms
Well-developed conceptual and analytical skills
High level of emotional intelligence, interpersonal, management and organizational skills
Additional Information
Organization: Corporate Services
Department: Revenue Cycle Administration
Shift: Day Job
Union Code: Not Applicable
Additional Details
This posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers .
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height, weight, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws.
Henry Ford Health (HFH), one of the leading healthcare systems in Michigan, continues to grow and innovate, driven in part by its joint venture with Ascension, launched on October 1, 2024. As we expand, we are seeking a highly skilled and experienced Director of Net Revenue to join our team to work collaboratively within a high performing function. This critical role will report to the Director of Corporate Reimbursement and focus on managing and advising on issues related to fee-based reimbursement, ensuring compliance with regulatory changes, and collaborating with key stakeholders across the organization to optimize revenue processes.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Review and advise on monthly net revenue calculations using various tools, including Kodiak RCA.
Review and advise on net revenue budgets.
Maintain expertise in reimbursement regulations & strategies through appropriate education. Provide education and consultation to department staff, governmental affairs and operations on new regulatory issues.
Develop rate-setting strategies and proposals. Develop rates for new services. Coordinate pricing transparency efforts with operations.
Work with revenue cycle, operations, and finance departments on reimbursement issues. Consult on coding and charge master issues.
Provide a leadership role in developing goals and accomplishment of those goals.
EDUCATION/EXPERIENCE REQUIRED:
Bachelor’s Degree in Finance or Health Care Administration; Master’s Degree, preferred
Ten years of progressively more responsible experience in healthcare reimbursement is required
Working knowledge of third party reimbursement mechanisms, basic coding principals, and rate setting strategies
Working knowledge ofKodiak RCAnet revenue and AR valuation reporting
Ability to work collaboratively and communicate in clear concise terms
Well-developed conceptual and analytical skills
High level of emotional intelligence, interpersonal, management and organizational skills
Additional Information
Organization: Corporate Services
Department: Revenue Cycle Administration
Shift: Day Job
Union Code: Not Applicable
Additional Details
This posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers .
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height, weight, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws.