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Finance Manager
2 months ago
About the Position
HCBS Finance Manager works closely with HCBS Leaders and Director of Finance to complete, assist, and oversee all aspects of revenue and finance for HCBS business lines (Hospice, Home Health, Rehab, Goodwin Living at Home, and Home Care). This team member is able to analyze financial data and provide summary reports to leadership monthly in collaboration with Director of Finance.
Key Duties
Works in conjunction with the Director of Finance and/or designee to provide strategic oversight, billing assistance, and direction of the revenue cycle for the programs and services of Goodwin Living's Home and Community Based divisions.
In conjunction with the Director of Finance and/or designee, assists members of the Billing and Revenue teams and the Leadership within each of the Goodwin Living Home and Community Based divisions. Provides leadership in determining, implementing, and benchmarking best practices in billing, collections and revenue projections.
Analyzes financial data to identify trends and make recommendations for improvement in all service lines.
Completes, oversees, and assists with the entire revenue cycle process, including billing, collections, and reimbursement for GLAH & GHHC. Ensure accurate and timely submission of claims to insurance providers and government agencies.
Provides direct supervision to the Billing and Revenue team. Liaises with contracted billing, coding, and compliance vendors to ensure optimal processes and cash flow per line of business.
Strategically provides support and direction to the HCBS Leadership and Finance team to enable HCBS to align with market changes and payor trends. Leverages internal and external data sets to benchmark line of business performance against regulatory and payor requirements.
Maintains professional growth and development through seminars, workshops, and professional affiliations to keep abreast of the latest trends in the field of expertise.
Participates in regular financial/revenue compliance reviews and audits for each Home and Community Based division. Assess areas of strength and needs for improvement. Benchmark program against self, state, and federal standards to ensure Goodwin Living's programs meet or exceed quality metrics at all times.
Collaborates with the Director of Finance, HCBS Leadership and external partners to position the eligible Home and Community based divisions to successfully participate in Value Based Purchasing models.
Job Requirements
Bachelor's Degree from an accredited college in business, finance, healthcare management, or equivalent.
Five years minimum of progressively increasing revenue cycle management experience, preferably within Home and Community Based services. Payor experience a plus.
Any equivalent combination of training and experience.
Must possess a willingness to meet with leadership and employees as individuals and possess the ability to maintain good working relationships among supervised employees.
Ability to effectively present programs in both written and oral form to potential internal and external clients.
Should possess a thorough working knowledge of financial accounting and budget methods and sound business practices.
A good knowledge and background of the revenue models, payment structures and billing requirements for home health, hospice, home care and outpatient therapies. Long-term care and skilled nursing facility knowledge additive.
A thorough knowledge of governmental billing regulations as they apply to home health, hospice, home care and outpatient rehabilitation services.
Able to prioritize projects and maintain short, mid, and long-term goal timelines.
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