Regional Business Office Manager

1 month ago

Watertown, United States Watertown Health Care Center Full time

A Nursing Home Regional Business Office Manager is a crucial role responsible for overseeing financial and administrative functions within multiple nursing home facilities within a specified region.

**Financial Management**:

- Develop and manage budgets for each nursing home in the region.
- Monitor financial performance, analyze variances, and implement corrective actions as needed.
- Ensure compliance with financial policies and procedures.

**Billing and Revenue Cycle**:

- Oversee billing processes and ensure timely and accurate submission of claims.
- Collaborate with billing staff to address and resolve billing issues.
- Optimize revenue cycle management to maximize reimbursement.

**Staff Supervision and Training**:

- Manage and lead the business office staff across multiple locations.
- Provide training and development opportunities to enhance staff skills.
- Conduct performance evaluations and address any performance issues.

**Compliance and Regulatory Affairs**:

- Ensure compliance with state and federal regulations related to healthcare finance.
- Stay updated on changes in regulations and implement necessary adjustments.
- Collaborate with legal and compliance teams to address any compliance issues.

**Financial Reporting**:

- Generate and analyze financial reports for senior management.
- Present financial performance and key metrics to leadership teams.
- Provide recommendations for improving financial outcomes.

**Vendor and Contract Management**:

- Negotiate contracts with vendors and service providers.
- Monitor vendor performance and address any issues.
- Optimize cost-effectiveness of contracts and services.

**Collaboration with Department Heads**:

- Work closely with nursing home administrators and department heads to align financial goals with operational objectives.
- Provide financial guidance and support for decision-making.

**Risk Management**:

- Identify financial risks and develop strategies to mitigate them.
- Collaborate with risk management teams to address potential issues.

**Ad Hoc Projects**:

- Undertake special projects or initiatives related to financial improvement or efficiency.

**Communication**:

- Communicate financial goals, policies, and procedures to staff.
- Foster a collaborative and communicative environment within the business office.

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