Hospital Finance Manager

2 weeks ago

Chicago, United States Community First Medical Center Full time

The Finance Manager is responsible for the oversight of all department financial operations. This position will report to the VP of Finance. We are looking for payor contracting expertise with Medicaid and Medicaid, MCO contracts, negotiating rates, will determine gross to net, and denials. This role will report to the VP of Finance, they willprovide leadership to a team that supports billing to third party payers and industry sponsors. The Manager will partner with leadership to implement changes that improve the financial outcomes. The manager will formulate recommendations based upon data alalysis and provide guidance and education.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Coordinates the preparation of monthly variance analyses, and production.

2. Provides strategic input in the determination of team objectives.

3. Manages the direction, and policy development in areas of finance professional fee billing.

4. Participates in negotiating agreements and managing professional service agreements.

5. Liaison to revenue cycle team. The Manager coordinates the annual budget preparation

6. Plays a key role in the development of annual volume projections

7. Defines analytics to account for the change in volumes

8. Provides guidance and education as necessary to department managers to prep budgets.

9. The Manager assists with special projects.

10. Assists in developing strategies that have impact on the department's performance.

11. Represents the department in meetings and work groups.

12. Designs and develops standard and ad hoc reports to effectively translate data.

13. Identifies and presents options and alternatives to improve operational efficiency.

16. Provides leadership and education on the synchronization process to ensure analysis.

17. Provides policy and procedure interpretation for financial and billing compliance.

Community First Medical Center offers benefits to all its full-time and part-time employees:

United Healthcare Medical PPO/HMO Plans| MetLife Dental |MetLife Vision| 6 Paid Holidays | Paid Time Off | Company Paid Short-term Disability | Company Paid Life Insurance | 401(k) | Voluntary Benefits: Hospital Indemnity & Critical Illness

Requirements

To perform this job successfully, an individual must be able to perform each essential duty above standards.

EDUCATION AND EXPEREINCE

  • Bachelor's degree or higher in business, accounting, or a related field.
  • Must have 3 to 5 years of health care experience in a hospital or healthcare practice.
  • Demonstrated advanced proficiency in Microsoft Office package, with advanced knowledge of Excel & Access.
  • Excellent interpersonal and organizational skills.
  • Experience in one of the following: clinical research coverage analysis, budgeting, and/or sponsor invoicing.
  • Must have experience with Medicare/Medicaid and regulations.
  • Excellent oral, written and presentation communication skills.
  • Ability to work with other managers in a team environment.
  • Financial Analysis and modeling experience
  • Initiative, independent judgment, and time-management skills.

Community First Medical Center is an affirmative action/equal opportunity employer who is committed to cultivating diversity, equity and inclusion within all aspects of our organizations. We stand against and prohibit discrimination in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

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