MGR RCM VENDOR MGMT

Job Description

The Manager of the Vendor Management Office will require working with key leaders across business units as well as external resources, including vendors, consultants, and health industry peers to drive transformational efforts. This role is critical in managing vendor relationships from a financial perspective, ensuring accurate invoice reconciliation, procurement processes, and financial reporting. The ideal candidate will be responsible for contractual review of invoices, consumption reconciliation, and working closely with internal teams to drive financial efficiency and accountability.

Company Overview: Envision Healthcare is a leading national medical group focused on delivering high-quality care to patients when and where they need it most. You’ll find clinicians and clinical support professionals across the nation who are proud to call Envision home. We welcome teammates of every background and work in communities that reflect the racial, ethnic, gender, sexual orientation, and economic diversity of our country.

Benefits: At Envision Healthcare, we offer benefits at the speed of your life. Our wide range of health and welfare benefits allow you to choose the right ones for you and your family. Best of all, qualifying employees are eligible to enroll from day one, so you can rest easy knowing you and your loved ones are protected. Envision Healthcare offers a variety of health and welfare benefit options to help protect your health and promote your wellbeing. The benefits offered include but not limited to: Medical, Dental, Vision, Life, Disability, Healthcare FSA, Dependent Care FSA, Limited Healthcare FSA, FSAs for Transportation and Parking & HSAs.

Paid Time Off: Envision Healthcare offers paid time off, 9 observed holidays and paid family leave. You accrue Paid Time Off (PTO) each pay period and depending on your position and can earn a minimum of 20 days and up to 25 days per calendar year.

Responsibilities

Relationship & Strategy Leader

• Build and maintain good working relationships with internal teams and third-party vendors.
• Fosters collaboration with internal teams and vendor partners
• Ability to establish and cultivate relationships with leadership and executives at a facility, group practice, and corporate level.
• Able to make recommendations on how to improve vendor performance in partnership with leaders and drive desired outcomes.
  
  

Financial and Demand Management

• Develop and maintain documentation on financial processes, policies, and reconciliation workflows at Program and Tier 1 vendor levels.
• Conduct comprehensive reviews of vendor invoices to ensure alignment with contractual agreements.
• Collaborate with internal teams for consumption reconciliation and obtain necessary approvals for payment processing.
• Manage the issuance and annual renewal of purchase orders (POs) and track vendor payment status.
• Develop and implement invoice reconciliation policies and ensure compliance with internal controls and best practices.
• Proactively manage vendor-related financial escalations, resolving disputes in a timely and effective manner.
• Prepare and present spend analysis and financial reports to senior management, identifying cost-saving opportunities.
• Track and analyze service volumes, demand trends, and applicable consumption metrics to inform business decisions.
• Partner with Finance and Accounts Payable (AP) teams to streamline payment processes and ensure timely settlements.
• Provide data-driven insights to support the development of vendor performance scorecards.
• Read and interpret financial components of contracts to ensure compliance with terms.
• Manage Cost-of-Living Adjustments (COLA), price change requests, and ensure alignment with budget constraints.
• Monitor and manage expenses to budgets, ensuring financial targets are met.
• Obtains clarification of contracts whenever necessary and may use the resources available through the Procurement, Compliance, Human Resources or Legal Department to do so.
• Manages centralized mailbox and ensures appropriate assignment
  
  

Vendor Performance Governance/Oversite

• Supports implementation of vendor governance across vendors including developing training programs, creating vendor related websites
• Responsible for program management of vendor performance management tools and supporting the leadership needs across organization.
  
  

Risk / Issue Management

• Responsible for overseeing outsourced vendor risk management by establishing standard mechanisms for managing and tracking vendor risk/issue management, performance, reporting and communications.
• Able to monitor -- on a daily, weekly, monthly basis – the risks and issues of third-party vendors, and effectively manage risks and issues as well as taking necessary steps to communicate and lead corrective action plans to the necessary stakeholders.
• Oversees annual vendor resource audits and aligns with demand management
• Determine when additional resources are needed for projects and capable of supporting those decisions to RCM upper management.
• Maintains confidentiality of all Protected Healthcare Information as defined by HIPAA.
• Reads and abides by the company’s code of conduct, ethics statements, employee handbook(s), policies and procedures and other corporate mandates, including participation in mandatory training programs
• Reports any real or suspected violation of the corporate compliance program, company policies and procedures, harassment, or other prohibited activities in accordance with the reporting policies of the company.
  
  

Qualifications

To perform this job successfully, an individual must be able to perform each essential responsibility satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required.

• Strong analytical skills with expertise in financial reconciliation and vendor invoice management.
• Exceptional problem-solving skills and attention to detail.
• Experience drafting financial policies and implementing process improvements.
• Strong organizational and project management skills with the ability to manage multiple priorities.
• Effective communication and collaboration skills for working across departments, including Procurement, Finance, and Accounts Payable.
• Must be willing to travel up to 10% of the time
• Must have a deep understanding of Business Process Outsourcing (BPO) and software industry standards and develop the same for all functional areas of revenue cycle including rules that may be from a federal, state or local level which would affect billing and collecting efforts.
• Exceptional verbal, written, and presentation skills – must gain and sustain the confidence of the external stakeholders and internal clinical and business leadership.
• Must be able to organize, perform and track multiple tasks accurately in short timeframes; able to work quickly and accurately in a fast-paced environment while managing multiple demands; able to work both independently and collaboratively as a team player.
• Must possess and allude “command presence” in order to gain the confidence and commitment necessary from the various departments and individuals necessary for shared efforts in process and change management.
• Financial fluency so that they demonstrate adaptability, analytical and problem-solving skills, and attention to detail; and able to perform basic mathematical calculations, balance and reconcile figures, and transcribe accurately.
• Able to lead individuals and teams who are operating concurrently on RCM integration and operations tasks.
  
  

Work Environment

This is a dynamic and fast-paced role within a collaborative environment, requiring proactive problem-solving and a keen eye for financial accuracy. Occasional extended hours may be required during peak periods or to meet critical deadline

Education/Experience

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in financial management, vendor management, or a related role.
• Strong analytical and relationship building skills.
  
  

Computer Skills

To perform this job successfully, an individual should have knowledge of:

• Advanced proficiency in Microsoft Excel (pivot tables, formulas, macros, and data visualization).
• Knowledge of ERP systems (such as SAP, Oracle, or similar) is preferred.
  
  

If you are ready to join an exciting, progressive company and have a strong work ethic, join our team of experts! We offer a highly competitive salary and a comprehensive benefits package.

Envision Healthcare uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify .

Envision Healthcare is an Equal Opportunity Employer.

JOB INFO

Job Identification 922

Job Category : N-Manager General

Posting Date : 2025-01-09T21:15:21+00:00

Job Schedule : Full time

Locations : United States