Business Office Manager Billing experience/Payroll HR

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.