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Senior Manager for Billing and Collections
3 months ago
Senior Manager for Billing and Collections is responsible for overlooking the Billing and Account Receivable (A/R) department and collection of past due accounts as well as analysis and reconciliation of accounts.
QUALIFICATIONS:
- College degree preferred
- Minimum of 5 years management and supervision
- Billing, Credit and Collection experience
- Knowledge in Excel & Billing Medical Codes
- Good writing and communication skills
- Ability to effectively communicate with all echelons of management and contracting agencies
- Ability to work independently and under pressure.
- Must have home & health care experience.
RESPONSIBILITIES:
- Monitors, responds and resolves account receivables issue with the contracts to ensure payments are within terms of contract.
- Reviews reimbursement rates to ensure accuracy as per contract
- Prepares monthly account receivable aging reports or as needed for discussion with CFO, COO & President.
- Reviews & approves account receivable adjustments
- Reviews, approves and submits write off request to CFO, COO & President prior to adjustment.
- Assigns responsibilities for Billing, Account Receivable and Cash Application.
- Ensure that claim resubmissions and appeals are done accordingly and timely
- Communication with Collection Agency including maintaining legal collection file.
- Decides which accounts are referred to legal and/or collections (subject to prior authorization by the President or CEO).
- Prompt notification to CFO, COO, CEO and President on problem accounts.
- Works with COO/Senior Vice President, Directors and Managers of Nursing on problem accounts.
- Determines which private pay patients’ services will be terminated and discussing it with appropriate nursing staff to maintain safe transition of service.
- Continuous monitoring of accounts to maintain currency
- Conducts staff performance reviews on an annual basis.
- Consistently review policies and procedures and suggest revisions accordingly.
- Additional duties as assigned by the Assistant Director of Finance, CFO, CEO, COO, and President.
