Business Office Manager

3 weeks ago


Trussville, United States Cavalier Healthcare of Trussville LLC Full time

Job Type

Full-time

Description

Major Duties and Responsibilities

Financial Operations and Reporting Develop, plan, direct, and oversee the overall financial operations, accounting, and reporting for the facility. This includes managing all financial and business functions related to accounts payable/receivable, billing, collections, payroll, taxation, purchasing, cash flow, etc. Ensure financial processes, transactions, and reporting comply with generally accepted accounting principles, regulations, laws, and facility policies and procedures

Performance Monitoring and Analysis Produce monthly financial statements, income statements, and cost reports to analyze performance and financial health Develop and monitor key performance indicators related to financial goals and outcomes. Work with department heads to identify areas for improvement based on KPI measurements and trends.

Budgeting Lead the budget development process on an annual and as-needed basis with input from department heads Create short-term and long-term financial forecasting and budget projections. Present budgets to administrator and board of directors/governing body.

Billing and Collections Oversee patient billing process to ensure timely and accurate claims submission Develop systems to effectively manage accounts receivable. Routinely analyze and report on accounts receivables and collection issues.

Supervision and Staff Management Recruit, hire, supervise, and evaluate business office staff to build a capable team Set clear expectations for business office team performance and service excellence. Address performance issues. Facilitate meetings, committees, and activities involving business office team

Regulatory and Policy Knowledge Maintain working, current knowledge of regulations, laws, and programs related to Medicare/Medicaid, private insurance, skilled nursing/LTC finance and reimbursement policy that impact fiscal performance

Additional Tasks and Requirements Treat all residents with dignity and respect Comply with all policies, procedures, regulations Maintain confidentiality of protected health information Report any noncompliance, retaliation, discrimination Report allegations of abuse or neglect Follow infection control practices Complete all required training Meet general health and physical requirements

Requirements

Bachelor's degree in Accounting, Business Administration or related field preferred. Must have at least three (3) years of experience in a billing or supervisory capacity in the business office of a hospital, nursing home, or other related health care facility. Knowledgeable of skilled nursing home regulations, procedures, laws, regulations and guidelines pertaining to long-term care.

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