Kraig Olson

Kraig olson

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location of Kraig OlsonChaska, Minnesota, United States
Followers of Kraig Olson2000 followers
  • Timeline

  • About me

    Just a Guy Passionate About Healthcare Revenue Cycle Management

  • Education

    • University of st. thomas - opus college of business

      2015 - 2017
      Master of business administration (m.b.a.) healthcare

      Activities and Societies: Graduated May of 2017 from Opus College of Business through the University of St. Thomas with a Healthcare MBA The Health Care MBA program is unique among MBA programs in that we tailor core business courses specifically to the business of health care. MBA programs with a health care concentration, on the other hand, are typically non-integrated programs where core business courses are comprised of students from across industries and areas of interest, and health care courses are taken as electives.Core business courses in the Health Care MBA examine business principles, relevant examples and… Show more The Health Care MBA program is unique among MBA programs in that we tailor core business courses specifically to the business of health care. MBA programs with a health care concentration, on the other hand, are typically non-integrated programs where core business courses are comprised of students from across industries and areas of interest, and health care courses are taken as electives.Core business courses in the Health Care MBA examine business principles, relevant examples and trends from across industries, while class dialogue focuses on how these concepts apply, or must be adapted to, the health care sector.21-month hybrid program meeting on campus for four to five three-day sessions per year15 three-credit courses that combine online and classroom learning in a cohort model Show less

    • Gustavus adolphus college

      2004 - 2008
      Degrees in management and english business administration and management, general 3.68 gpa

      Activities and Societies: Football, Basketball, Baseball

  • Experience

    • Huron consulting group

      Jul 2008 - May 2015

      •Managed a team of 8 consultants to achieve anticipated results as a part of an 18 month, revenue cycle performance improvement initiative for a 10 facility, multi-state healthcare system in the Pacific Northwest. Areas of Focus Included: Patient Access, Pre-Registration, Insurance Verification (IV), Financial Counseling (FC).•Managed a team of 3 consultants to perform a post HIS Conversion assessment and implementation for the Patient Financial Services (PFS) department of a medical group of a large academic medical center in Northern California. Areas of Focus Included: Create and implement action plans for new or modified revenue cycle dashboards to assist in metrics management, Enhance revenue cycle leadership through skills assessment, coaching, and development of long-term organizational design, Implement Continuous Quality Improvement (CQI) initiative for billing & collections staff Show less •Led a group of 4 consultants as a part of a 13 person team to provide 10 month Pre and Post HIS conversion support. Areas of Focus Included: Billing, Collections, Authorization Unit•Steered a team of 4 consultants to implement Huron proprietary technology software in efforts to achieve financial targets while undertaking an HIS conversion. The team of 4 was responsible for all areas under the PFS umbrella as well as supporting integration efforts after the community hospital was acquired by an academic medical center in Tucson, AZ. Show less •Served in analytical and client-facing roles for 3 healthcare systems from July 2008 – December 2010. These systems included: multi-facility health system in St. Paul, MN; multi-facility health system in Oregon; an HMO in Hawaii.•Roles and functions include: Support of commercial collections unit to drive reductions in outstanding receivables, implementation of tool/workdriver to support Health Information Management billing WIP reductions, and non-tool implementation of reporting and revenue cycle strategies for both Hospital and Physician Billing PFS departments Show less

      • Manager

        Jan 2013 - May 2015
      • Associate

        Jan 2011 - Dec 2012
      • Analyst

        Jul 2008 - Dec 2010
    • Optum 360, subisdiary of optum

      May 2015 - Oct 2017
      Associate director at optum 360

      • Area 1 - Leading enterprise initiatives for the Revenue Cycle Optimization, Enterprise Initiatives department. This focuses on supporting the development of the enterprise wide accounts receivables management approach (The Optum360 Operating Model), preferred vendor selection, Centers of Excellence (COE) location strategy, technology enhancements, and short-term project implementation support• Area 2 - Management of the diligence process for prospective revenue cycle partners. The diligence process includes opportunity and benefit analysis, partner relationship development and partner negotiations support, as well as serving as project manager for ancillary lanes diligence such as human resources, finance, real estate, technology, and legal/compliance. Show less

    • Rubixis inc.

      Oct 2017 - Sept 2019
      Director, revenue cycle operations

      Company built on the goal of helping all providers collect 100% of amount due from all insurance payers the first time a claim was submitted, in the shortest time possible, at the lowest cost. Recently (October 2018) acquired by Transunion as part of the Transunion Healthcare division

    • Olive

      Sept 2019 - Sept 2020
      Director, revenue cycle solution design
    • Fairview health services

      Sept 2020 - Apr 2022
      System director, revenue cycle improvement

      Responsible for the Revenue Cycle roadmap and progressing the key initiatives and milestones. This includes not only the progression of initiatives and investments, but their sustainability and the continuous improvement of the process.

    • Olson independent, llc

      Apr 2022 - now
      Owner

      Projects Include: Expert witness in an Arbitration case between a BPO and a Health System / Revenue Cycle Leadership Performance improvement projects include: 1) Expected reimbursement and contract management redesign, 2) Patient Access Command Center build out and consolidation (Clinic Scheduling, Hospital Scheduling, Prior Auth, GFE, Pre Reg), 3) AR Coverage and Vendor Strategy, 4) Revenue Cycle Analytics Build Out Management, 5) Start Up Tech Advisory in Prior Auth, AIaaS, and 6) Interim Revenue Cycle senior leadership Show less

  • Licenses & Certifications

    • Certified healthcare financial professional (chfp)

      Hfma
      Jan 2020
    • Certified specialist managed care (csmc)

      Hfma
      Nov 2019
    • Certified specialist accounting and finance

      Healthcare financial management association (hfma)
      Mar 2020