Business Finance Operations Manager
4 weeks ago
At Ovation Healthcare, we strive to empower local healthcare through our expertise and resources. We require a highly skilled Business Finance Operations Manager to oversee the Patient Financial Services areas, focusing on Patient Access, Scheduling, Insurance Verification, Pre-Registration, Financial Counseling, Billing, Collections, Cash Posting, and Adjustments. This position demands a high level of professionalism, with a strong emphasis on leadership, communication, and analytical skills.
Key Responsibilities:
* Oversee daily billing and collections for various AR financial classes, including Medicare, Medicaid, Workers' Compensation, BCBS, HMOs/PPOs, commercial insurance, and self-pays.
* Properly interpret and follow up on contracts with insurance companies, ensuring adherence to rates, discounts, and filing instructions.
* Utilize federal and state credit collection regulations and guidelines effectively.
* Review unbilled reports and billing edits to enhance the clean claim rate.
* Supervise on-site or remote analysts and/or hospital staff, conducting weekly meetings and facilitating training sessions.
* Handle HR-related issues, including new hire orientation, staffing coverage, time off approvals, timecards, counseling/discipline, and evaluations.
* Prepare and submit timely reports, tracking and monitoring staff productivity.
* Understand relevant RCM KPIs to analyze and plan strategies to increase cash and reduce AR.
Requirements:
* A minimum of five years of general hospital business office billing and collections experience.
* At least two years of management experience, with a high level of professionalism in appearance and conduct.
* Expertise in medical billing software, including Meditech, CPSI, Medhost, EPIC, and others.
* Excellent written and verbal skills, with the ability to manage workload and prioritize tasks in a fast-paced environment.
Salary: $85,000 - $105,000 per year, depending on experience. Travel requirements are approximately 50-60%.
If you possess the necessary skills and experience, please apply by sending your resume and cover letter to [insert contact information].
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