Summary
Overview
Work History
Education
Skills
Timeline
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Michael Coleman

Aurora,IL

Summary

Business Operations Executive, offering a fifteen-year history of leading revenue cycle management strategies and tactical business initiatives. Proven expertise in large-scale business transformation and change management to consistently exceed company objectives. Offering effective communication, team-building, and coaching skills with a commitment to fostering company vision and building a professional culture rooted in trust and mutual respect. I am eager to leverage my expertise in a challenging leadership role to drive forward a company's mission and profitability.

Overview

8
8
years of professional experience

Work History

Senior Director of Revenue Cycle Management

Solaris Health Partners
03.2022 - Current

In my capacity as Senior Director, I spearhead the overall strategic and operational aspects of revenue cycle management, focusing on maximizing revenue growth and ensuring financial stability. My role encompasses critical duties such as developing and implementing strategies to enhance billing processes, optimizing patient financial services, and maintaining compliance with industry standards. I actively engage in high-level negotiations with payers, establish key performance indicators to track and improve financial performance, and lead technology integration efforts to streamline operations. My leadership ensures the alignment of the revenue cycle processes with the broader organizational goals, driving sustainable growth and operational excellence.


  • Facilitated seamless business transitions during mergers or acquisitions, ensuring minimal disruption to ongoing operations while integrating teams effectively.
  • In my capacity as Senior Director, I spearhead the overall strategic and operational aspects of revenue cycle management, focusing on maximizing revenue growth and ensuring financial stability
  • Drive revenue growth through successful market expansion strategies, identifying untapped markets, and capitalizing on emerging trends.
  • My role encompasses critical duties such as developing and implementing strategies to enhance billing processes, optimizing patient financial services, and maintaining compliance with industry standards
  • Orchestrated robust risk management strategies, reducing financial discrepancies by 10%
  • Managed a team of 150, driving a $250 million revenue stream with a 15% year-over-year growth
  • Enhanced customer experience, increasing retention by 25% and satisfaction by 30%
  • Led significant organizational change initiatives, ensuring seamless transitions and adaptability.
  • Achieved departmental goals by developing and implementing strategic plans and initiatives.
  • Streamlined operations for increased efficiency with process improvements and automation.

Director of Revenue Cycle Management

Advantage Health Solutions
10.2019 - 11.2021

My role was integral to shaping the financial health of the organization. I was responsible for overseeing all aspects of revenue cycle management, including patient registration, billing, collections, and customer service. My focus was on optimizing revenue through effective management of claims processing, reducing days in accounts receivable, and implementing innovative revenue integrity measures. I worked closely with cross-functional teams to align the revenue cycle strategies with clinical practices, ensuring efficient and ethical billing practices, and fostering a culture of continuous improvement and accountability within the team.


  • Optimized revenue growth by developing and implementing payor strategic pricing initiatives.
  • Transformed RCM processes, increasing efficiency by 35% and reducing costs by 20%.
  • Implemented cost control measures, achieving a 20% reduction in operational expenses.
  • Instituted continuous professional development, leading to enhanced team capabilities and performance.
  • Established a robust forecasting process to accurately predict revenue trends and inform decision-making.
  • Enhanced financial performance by streamlining budgeting and reporting processes.
  • Performed month-end reconciliation and developed reporting metrics in coordination with corporate finance executives.

Executive Director of Revenue Cycle

Medical Business Office
02.2016 - 08.2019

In this leadership position, I was charged with directing the entire revenue cycle, focusing on maximizing cash flow, reducing bad debt, and improving patient satisfaction. My role involved strategic planning and execution of revenue enhancement initiatives, ensuring accurate and timely billing, and developing policies and procedures to drive efficiency and compliance. I played a crucial role in analyzing financial data to identify trends, assess performance, and make data-driven decisions to improve profitability. Collaboration with other executives was key to aligning the financial goals with the operational capabilities and overall mission of the organization.


  • In this leadership position, I was charged with directing the entire revenue cycle, focusing on maximizing cash flow, reducing bad debt, and improving patient satisfaction
  • Drive a 25% increase in revenue through strategic RCM operations improvement
  • Recovered $750,000 in revenue by resolving critical Blue Cross Blue Shield clearinghouse issues
  • Conducted strategic client assessments, securing $3.5 million in additional revenue
  • Led and empowered teams to innovate and take on new initiatives, enhancing operational efficiency
  • Continue with other positions...

Education

Doctor of Business Administration - Healthcare Administration

South College
Knoxville, TN
2025

Master of Science - Management & Leadership

Western Governors University
Millcreek, UT

Bachelor of Science - Business Administration-Accounting

Capella University
Minneapolis, MN

Skills

  • Financial Reporting and Analysis
  • Change Management
  • Operational Excellence
  • Technology Integration
  • Capital Management
  • Culture Transformation
  • Leadership Development
  • Key Performance Indicators
  • Collaborative Leadership
  • Budgeting and Forecasting

Timeline

Senior Director of Revenue Cycle Management

Solaris Health Partners
03.2022 - Current

Director of Revenue Cycle Management

Advantage Health Solutions
10.2019 - 11.2021

Executive Director of Revenue Cycle

Medical Business Office
02.2016 - 08.2019

Doctor of Business Administration - Healthcare Administration

South College

Master of Science - Management & Leadership

Western Governors University

Bachelor of Science - Business Administration-Accounting

Capella University
Michael Coleman