Collection Manager

6 days ago

Lewisville, Texas, United States StoneGate Senior Living Full time

StoneGate Senior Living
Lewisville Texas
StoneGate Senior Living
in
Lewisville TX,
has an opportunity for a
Collection Manager
to join our team The
Collection Manager
is a driving force behind collection activities of the facilities. The
Collection Manager
helps drive Operations to comply with procedures and follow through on all plans related to the collection of accounts. A rewarding career is waiting for you at Stonegate Senior Living

The
Collection Manager
monitors and aids in the collection of facility responsible payers. With a focus on top outstanding accounts, the Collection Manager reviews, monitors, and reports facility compliance with collections policies and procedures, is a resource for steps to take in collections, and is a driver of those processes.

At
StoneGate Senior Living in Lewisville, TX
we offer competitive compensation, health, dental, and vision insurance, company paid life insurance, holiday pay, paid time off, employee appreciation events and much more. Don't miss out on this exciting nursing opportunity. We look forward to you joining our team

Job Requirements:

  • Plan, evaluate, implement and continuously improve all aspects of collection functions and processes
  • Assist in formulation of specific collection objectives and achievement of same
  • Work closely with Financial Consultants to respond to collection concerns
  • Perform collection duties, including but not limited to statements, letters, and phone calls.
  • Receive and post payments on accounts receivable
  • Audit accounts to ensure Secondary Insurance is loaded to RCM system to guarantee timely billing and adjustments per CMS guidelines
  • Submit and manage collection agency referrals
  • Participate in monthly A/R reviews with focus facilities
  • Follow up on high priority balances to ensure the facility's continued effort and report to Financial Consultant, Reimbursement Manager, Director of Reimbursement, Controller, and CFO if actions are not being taken
  • Manage referrals to attorneys, Collection Agency, and takes approved claims to Small Claims court representing the facility
  • Manage IRS and AG reporting notices
  • Review proposed write offs to ensure all required collection activities are complete before processing
  • Review Medicare A Coinsurance write offs to confirm all required documentation is complete per CMS regulations
  • Monitor discharge procedures due to non-payment
  • Travel as needed for priority facility A/R reviews
  • Resource for Financial Consultants to help find solutions to collections issues
  • Review, update, and maintain all collection letters and forms for facility use
  • Maintain Federal and State compliance with all regulations

Minimum Qualifications:

  • Business degree with minimum of 9 hours of accounting
  • Working knowledge of common office machines is necessary
  • Computer literacy required with emphasis on high level working knowledge of Excel
  • Effective communication and interpersonal skills are necessary

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