Overview
PURPOSE STATEMENT:
Plan, organize and supervise the facility’s financial support function(s), to ensure industry standards, as well as company policy and procedures are followed.
Responsibilities
ESSENTIAL FUNCTIONS:
- Responsible for the complete flow of the business functions of the department(s) including proper recording of payments, changes and write-offs, proper methods of collections, ensuring timeliness and accuracy of financial documents and reporting.
- Provide staff management to include hiring, development, training, performance management and communication to ensure effective and efficient department operation.
- Responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements.
- Resolve difficult issues and complaints originating from any internal or external source.
- Responsible for implementing departmental policies and procedures to ensure compliance with state and federal statues, hospital and accrediting agency regulations.
- Maintain knowledge of payer-specific rules and regulations regarding billing and payment for facility and professional services.
- Check accuracy of business transactions recorded by others.
- Manage department financial operations.
- Analyze financial records or reports to determine state of operations and to improve financial management.
- Prepare financial documents, reports or budgets, as directed.
- Monitor flow of cash or other resources.
OTHER FUNCTIONS:
- Perform other functions and tasks as assigned.
Qualifications
EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:
- Bachelor's degree in Business Administration, Accounting or related field required.
- Four or more years’ related experience/knowledge of managed care, commercial insurance, Medicare, Medicaid required.
LICENSES/DESIGNATIONS/CERTIFICATIONS:
- Not Applicable
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