Business Office Manager Billing experience

4 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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