Lead Financial Services Specialist
4 weeks ago
**Overview of Franciscan Ministries**
We are a leading provider of healthcare services in the Lemont, Illinois area, dedicated to delivering exceptional care to our residents. As a part of our team, you will play a vital role in ensuring the smooth operation of our business office, providing training and support to our staff, and maintaining accurate and timely financial records.
**Job Summary:**
We are seeking an experienced Lead Financial Services Specialist to join our team at Franciscan Ministries in Lemont, Illinois. The successful candidate will be responsible for supervising a team of Accounts Receivable Clerks, ensuring accurate and timely billing, and providing exceptional customer service to our residents and their families.
**Key Responsibilities:**
- Supervise and train a team of Accounts Receivable Clerks to ensure accurate and timely billing
- Provide support and guidance to the business office managers and MDS coordinators to ensure accurate and timely financial records
- Manage Medicare billing, including generation of UB-04 forms, submission to intermediary systems, and follow-up on denials and requests for additional information
- Process Medicaid documentation, including admissions packages, discharges, income changes, and level of care changes
- Provide support to assigned communities as needed, including training, setting up new payors, and adjusting accounts
- Ensure timely and maximized payments are received on resident accounts by tracking the triple-check process and running Medicaid eligibility inquiries
- Respond to, follow up with, and pursue all questions, issues, and problems that may impact full payment and collection of resident accounts
- Complete monthly closing process, reviewing AR aging reports, running closing reports as needed, and completing monthly collection reports
- Act as liaison with community business office manager and MDS coordinator to ensure essential information is accurate and received timely
**Education and Qualifications:**
- Vocational school, junior college, or equivalent
- Associate's degree in accounting (minimum)
- Bachelor's degree in a related field or relevant experience can substitute
- Experience in skilled nursing facility billing/accounts receivable, management/collections
- Proficient in computerized billing software programs and Microsoft
- Knowledge of nursing home Medicare and Medicaid billing
**Benefits:**
- Competitive salary: $65,000 - $85,000 per year
- Group health, dental, and vision insurance
- Employer-funded health savings account
- Life/disability insurance (maternity STD options)
- 401(k) match
- Tuition assistance
**About Franciscan Ministries:**
We believe in creating an environment that is encouraging and nurturing of your career path. Our vision of service is to provide excellent, person-centered care designed to help our residents experience the fullness of their lives wherever they find themselves on life's journey. We are committed to creating a workplace that is inclusive, diverse, and welcoming to all.
**Location:**
Lemont, Illinois
**Salary:**
$65,000 - $85,000 per year
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