Kathryn Thompson

Kathryn Thompson Email and Phone Number

Senior Director Revenue Cycle Management @ TEAM Services Group
Saint Paul, MN, US
Kathryn Thompson's Location
St Paul, Minnesota, United States, United States
Kathryn Thompson's Contact Details

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About Kathryn Thompson

As a dynamic healthcare innovation senior leader, I leverage deep revenue cycle operations and healthcare operations leadership experience building environments of communication and accountability that accelerate efficiencies and revenue growth.From publicly traded companies to for-profit and nonprofit firms, I am recognized for building high-performing cultures and cross-functional teams that work in collaboration and alignment to grow both the top- and bottom-line. I believe that transparency and clear communication is at the core of any successful endeavor and am passionate about growing shareholder value while driving strategic competitive advantage. Core Competencies that Drive a Strategic Competitive AdvantageStrategic Planning and Execution − Leadership Development - Team Building and Development − Customer Relations Excellence - Patient Experience − Continuous Process Improvement − Mergers and Acquisitions − Data Analytics - Organizational Startup | Restructuring | Turnaround − Budgeting Development − Full P&L Responsibility − Financial Operations and Management Strategies − Key Performance Indicators and Benchmarking − Business Development − Regulatory Compliance and Risk Management − Front-to-Back Revenue Cycle Management − Contracting and Payer Relations − Project Planning and Development − Software Conversion and Implementation − Revenue Expansion − Commercial Insurance Audits - OIG Investigations - Complex Denial Management - Healthcare Informatics - Ethics in Healthcare Business

Kathryn Thompson's Current Company Details
TEAM Services Group

Team Services Group

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Senior Director Revenue Cycle Management
Saint Paul, MN, US
Kathryn Thompson Work Experience Details
  • Team Services Group
    Senior Director Revenue Cycle Management
    Team Services Group
    Saint Paul, Mn, Us
  • Kt Rc Consulting | Business Optimization | Leadership Development | Performance Improvement
    Healthcare Consultant - Founder
    Kt Rc Consulting | Business Optimization | Leadership Development | Performance Improvement Apr 2022 - Present
    Short term consulting services specializing in assisting clients with business optimization, performance improvement, strategic planning development, leadership development, and interim senior leadership. Most contracts have centered around overcoming backlogs in denial management, contracting, and credentialing and creating improvements and writing SOPs to avoid recreating backlog and revenue loss in the future. Longer term contracts listed individually below.Recent clients include (see below for more indepth information):Planned Parenthood MN ND SD - Credentialing Consultant St. Paul, MN - Sep 2024 to Dec 2024Ellie Mental Health - Interim Director of Revenue Cycle - Mendota Heights, MN - May 2023 to June 2024The Remedy - Interim COO - Vadnais Heights, MN - Jan 2023 to May 2023
  • Concordia University-St. Paul
    Professor - Mba - Healthcare Management Program
    Concordia University-St. Paul Jan 2021 - Present
    St. Paul, Mn, Us
    Taught remote, online MBA courses in Healthcare Informatics, Applied Ethics in Healthcare for Business Leaders, and Healthcare Strategic Leadership and undergrad Business Operations, which allowed me to be a full-time caretaker for my father who had late-stage dementia in his home during Covid. Currently teaching on contract basis as adjunct professor.
  • Planned Parenthood North Central States
    Consultant - Credentialing
    Planned Parenthood North Central States Sep 2024 - Dec 2024
    St Paul, Mn, Us
    • Reduced backlog of outstanding credentialing issues by 93% • Streamlined credentialing processes through the automation use of CAQH Proview portal• Wrote Standard Operating Procedures (SOPs) for initial credentialing protocols
  • Ellie Mental Health
    Interim Director - Revenue Cycle
    Ellie Mental Health May 2023 - Jun 2024
    Hired to build IOP revenue cycle functions for new IOP services. Reset internal middle and backend revenue cycle functions to overcome a substantial outstanding insurance aging and bring A/R to national benchmark standards. Reworked functions with internal mid and backend revenue cycle functions to work efficiently with overseas revenue cycle functions and develop a cohesive and collaborative working relationship that resulted in meeting/exceeding national benchmark standards in billing turnaround times and rejections. Improved provider and client/patient relations and satisfaction. Developed internal SOPs designed to substantionally reduce outstanding patient responsibility aging.
  • The Remedy Mental Health
    Interim Chief Operations Officer
    The Remedy Mental Health Jan 2023 - May 2023
    Oversaw revamp of operational processes for behavioral health substance abuse practice experiencing rapid growth. Reworked administrative departments and developed an internal revenue cycle department utilizing and hiring a combination of internal employees along with overseas personnel. Oversaw onboarding of new software. Reviewed all operational processes and reorganized all administrative positions to determine the best course of action for future growth. Hired a new Director of Operations and Manager of Human Resources to continue the path of resetting the new corporate expectations.
  • Behavioral Health
    Healthcare Consultant - Revenue Cycle
    Behavioral Health Nov 2022 - Jan 2023
    Created and implemented SOP regarding No Surprises Act including Good Faith Estimate parameter and processes for front end and middle revenue cycle teams. Reduced 120+ aging from 38 days to 10 days
  • Infertility Clinic
    Healthcare Consultant - Operations Compliance
    Infertility Clinic Aug 2022 - Oct 2022
    Process Improvement - workflowsCompliance Revenue Cycle and BillingCredentialing review and new SOP to improve compliance and revenue stream
  • Electromed, Inc.
    Vice President, Reimbursement & Managed Care Contracting │ Growth Focus │ Rev Cycle Transformation
    Electromed, Inc. Jun 2017 - Oct 2020
    New Prague, Minnesota, Us
    Created new vision and led overhaul of the Revenue Cycle departments including: Patient Services, Provider Relations, Patient Training, Authorizations, and Claims Billing/Denial Management for this company that manufactures and sells products that provides airway clearance therapy, leading to improved customer service, provider satisfaction, and greater revenue conversion resulting in double-digit growth YoYLed Contracting and Managed Care team creating initiatives to obtain national contracts in markets specifically in line with targeted sales regions improving their competitive advantage.Led strategic business development and planning of daily operations. Calibrated policies and created standard operating procedures (SOPs) to meet and comply with all revenue cycle and healthcare associated regulations, i.e. HIPAA, HITECH, Joint Commission, FWA, ABN and MSP Compliance, FDA, Stark Laws, and ISO 15224. Designed and integrated effective KPI metrics in line with national benchmarking for RCM.Collaborated with VP of Sales on key initiatives to improve cross functional relationships between Reimbursement and Sales leadership through education and development resulting in a 27% increase in referral volume, and a 32% increase in referral to paid order conversion.Sitting member of the Senior Executive Team directly involved in strategic development of company objectives, goals, and overall direction.IMPACT: Revamped overall operations and generated data analytics reporting system that produced 27%, 17%, and 10% revenue growth YOY for three years. Standardized, updated, and integrated workflow processes to improve productivity. Created appeals processes specifically addressing CMS guidelines with Medicare level 2 and 3 review improving overall collection rate. Cut department expenses. Contributed to significant raise in stock value in 2019 and early 2020 by increasing revenue recovery. Added 87 new contracts in year 1 and 52 contracts in year 2.
  • Fairview Health Services
    Senior Director, Patient Access & Financial Clearance │ Rcm Operations │ Process Improvement
    Fairview Health Services 2012 - 2017
    Minneapolis, Mn, Us
    Hired to redesign and restructure entire Revenue Cycle front end processes to change negative patient perceptions and regain respect for the entire healthcare system brand after the 2012 MN AG lawsuit against their outsourced vendor, Accretive Health adversely affected Fairview's standing in the community.Led RCM front end operations of six community hospitals, two University hospitals, one children's hospital, and oversaw the operational processes for 42 Fairview clinics for all patient access areas (i.e. registration, admissions, prior authorizations, financial counseling, and securing areas). Developed modern patient access points for new M Health Clinic and Surgery Center, oversaw development of patient access areas for new ASC. Oversaw onboarding of patient access processes for merger with Grand Itasca Hospital and Clinics to assure continuity of care.IMPACT: Grew patient satisfaction in admissions and registration by 15% – 39% for seven hospitals in less than two years with average of 91%. Reduced registration claims denials. Established leadership development program. Grew employee engagement scores from 72% to 96% overall in patient access areas
  • Vrad (Virtual Radiologic)
    Senior Manager, Billing And Reimbursement │ Operational Efficiency | Rev Cycle Process Improvement
    Vrad (Virtual Radiologic) 2011 - 2012
    Eden Prairie, Mn, Us
    Turned around and accelerated profit growth for this leading radiology practice and teleradiology company with 500+ US physicians and 1,000+ radiological departments.Directed and improved all billing and reimbursement systems and delivered executive support for daily business operations. Formulated Standard Operating Procedures (SOPs) and work instructions and maintained strict compliance to regulations. Spearheaded educational program for referring healthcare providers, clinics, and hospitals with high denials to upgrade coding and documentation and ensure maximum reimbursement.IMPACT: Realigned and applied outsourced back-end revenue cycle management processes, which brought significant improvement in charge integrity, claims, and denial management and collections.
  • Behavioral Medical Interventions (Bmi)
    Director Of Operations | Digital Transformation | Compliance | A/R Mgmt | Clinical Operations
    Behavioral Medical Interventions (Bmi) 2009 - 2011
    Interim position - Hired by acquiring private equity company to oversee daily operations, improve revenue cycle processes and create compliance policies during transition for national behavioral health organization.

Kathryn Thompson Skills

Strategic Influence Provider Relations Business Transformation Public Speaking Medical Device Epic Systems Human Resources Executive Management Presentation Development And Presentation C Suite Presentation Risk Mitigation And Management Quality And Patient Safety Behavioral Health Multi Site Operations Customer Focused Service Managerial Finance Team Building And Development Business Analysis Contact Center Management Negotiation Healthcare Compliance Medical Devices Payer Relations Revenue Cycle Microsoft Office Customer Experience Management Operations Management Project Planning And Development Strategic Leadership Revenue Cycle Management P&l Management Risk Management Medical Compliance Situational Leadership Budget Process Strategic Planning And Execution Facility Management Rapid Revenue Growth Educational Leadership Navigating Matrixed Relationships Healthcare Management Business Innovation And Transformation Key Performance Indicators Mergers And Acquisitions Expense Management Medical Practice Management Healthcare Reimbursement Partnerships Healthcare Consulting Planning Budgeting And Forecasting Clinic Administration

Kathryn Thompson Education Details

  • Concordia University-St. Paul
    Concordia University-St. Paul
    Healthcare Administration
  • Metro State University
    Metro State University
    Strategic Leadership And Organizational Development

Frequently Asked Questions about Kathryn Thompson

What company does Kathryn Thompson work for?

Kathryn Thompson works for Team Services Group

What is Kathryn Thompson's role at the current company?

Kathryn Thompson's current role is Senior Director Revenue Cycle Management.

What is Kathryn Thompson's email address?

Kathryn Thompson's email address is th****@****csp.edu

What is Kathryn Thompson's direct phone number?

Kathryn Thompson's direct phone number is +165169*****

What schools did Kathryn Thompson attend?

Kathryn Thompson attended Concordia University-St. Paul, Metro State University.

What skills is Kathryn Thompson known for?

Kathryn Thompson has skills like Strategic Influence, Provider Relations, Business Transformation, Public Speaking, Medical Device, Epic Systems, Human Resources, Executive Management, Presentation Development And Presentation, C Suite Presentation, Risk Mitigation And Management, Quality And Patient Safety.

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