Nancy Price
Director of Patient Financial Services
Professional Overview
Nancy Price is an accomplished healthcare finance professional with over 35 years of experience in patient financial services. As the Director of Patient Financial Services at Bacharach Institute for Rehabilitation, she oversees the comprehensive management of all patient billing, collections, and revenue cycle operations. With a deep understanding of the complex healthcare reimbursement landscape, Nancy is adept at implementing strategic solutions to optimize revenue and enhance the patient financial experience.
Experience Summary
Current Role
As the Director of Patient Financial Services at Bacharach Institute for Rehabilitation, Nancy is responsible for leading a team of dedicated financial specialists. In this role, she has implemented innovative revenue cycle management strategies that have resulted in a 15% increase in net revenue over the past three years. Nancy also spearheaded the organization's transition to a cloud-based patient accounting system, which has improved data accuracy, streamlined workflows, and enhanced reporting capabilities.
Career Progression
Prior to her current position, Nancy served as the Director of Patient Financial Services at a regional healthcare system, where she played a pivotal role in improving the organization's overall financial performance. During her tenure, she successfully reduced patient account write-offs by 18% through the implementation of proactive collection strategies and enhanced financial counseling services.
Academic Background
Nancy holds a Bachelor of Science in Accounting from Rutgers University. She is also a Certified Healthcare Financial Professional (CHFP) and has completed advanced training in revenue cycle management and patient experience optimization.
Areas of Expertise
- Revenue cycle management
- Patient financial services operations
- Healthcare reimbursement and compliance
- Financial reporting and data analysis
- Team leadership and process improvement
Professional Impact
Throughout her career, Nancy has been recognized for her contributions to the healthcare finance industry. She has presented at numerous industry conferences and has authored several articles on patient financial services best practices. Nancy's commitment to excellence and her passion for improving the patient financial experience have made her a respected leader in her field.
Conclusion
With her extensive expertise in patient financial services and her proven track record of driving organizational success, Nancy Price is poised to continue making a significant impact in the healthcare industry. Her unwavering dedication to optimizing revenue cycle operations and enhancing the patient financial experience make her a valuable asset to the Bacharach Institute for Rehabilitation and the communities it serves.
