Business Office Manager

Edgewood Estates•Frenchburg, KY

4d•Onsite

About The Position

Leads, guides and directs the financial operations of the healthcare facility in accordance with generally accepted accounting principles; local, state and federal regulations, standards and established facility policies and procedures to achieve facility financial goals.

Requirements

Bachelor’s degree in Accounting, Business Administration or related field preferred.
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 preferred.
Knowledgeable of skilled nursing home regulations, procedures, laws, regulations and guidelines pertaining to long-term care.
Experience with Medicare / Medicaid / LTC billing highly preferred
Must be capable of making mature decisions
Skills needed: attention to detail, persistent, highly motivated
Ability to read, write, speak and understand the English language.
Must be a supportive team member, contribute to and be an example of teamwork.
Ability to make independent decisions when circumstances warrant such action.
Ability to deal tactfully with personnel, residents, family members, visitors, government agencies/personnel and the general public.
Must have patience, tact, and willingness to deal with difficult residents, family and staff.
Must be able to relay information concerning a resident’s condition.
Must not pose a threat to the health and safety of other individuals in the workplace.
Must be able to move intermittently throughout the workday.
Meets general health requirements according to facility policy, including medical and physical exams and checking immunity status to various infectious diseases.
Ability to assist in evacuation of residents during emergency situations.
Ability to bend, stoop, kneel, crouch, perform overhead lifting and perform other common physical movements as needed for the position.
Possesses leadership, supervisory skills and willingness to work harmoniously with and supervise other personnel.
Successfully follows oral and written instructions.
Successfully relays information concerning business office matters, residents, employees or any given subject matter.
Willing to cope with the mental and emotional stress of the position.

Responsibilities

Plans, develops, organizes, implements, evaluates and directs the overall financial operation of the facility as well as its programs and activities, in accordance with generally accepted accounting principles and current state and federal laws/regulations.
Reports the facility’s financial performance at least monthly, and more frequently as needed, to the Administrator and the Board of Managers, Directors, and/or governing body as directed.
Identifies, in conjunction with the Administrator and selected department heads, the facility’s key performance financial indicators. Establishes an ongoing system to monitor these key indicators. These key performance indicators promote the fiscal health of the facility.
Evaluates key performance indicator outcomes with department heads to determine the need for action from leadership and/or management such as re-education or revisions related to the facility’s financial outcomes.
Develops and implements processes and systems in the Business Office to manage billing, collections (A/R), accounts payable (A/P), patient trust, liability notices, general ledger functions, business/payroll taxes, purchase orders, cash flow and all necessary business transactions using generally accepted accounting principles.
Ensures the Business Office procedures comply with regulatory requirements related to bed-hold notice requirements.
Develops and implements payroll accounting processes, including special accounting functions required by any employee benefit or retirement plans, insurance accounting required by the federal Family and Medical Leave Act, etc.
Produces monthly facility income statement.
Prepares financial records and cost reports for submission to authorized government agencies as required by current regulations.
Utilizes and is proficient in various excel, word, adobe, and other electronic reporting formats.
Reviews and interprets monthly financial statements and provides relevant information to the Administrator and Board of Directors, Managers, or governing body.
Makes written and oral reports/recommendations routinely and as requested.
Ensures monthly billing including ancillary items such as cable, labs etc., is completed timely using facility A/R software.
Ensures facility’s billing checks and balances are followed by all team members as required by facility policy including but not limited to the balancing of the daily census, Medicare triple check prior to billing, etc.
Maintains working knowledge of all aspects of facility’s financial software program.
Develops and monitors accounts receivables. Reports delinquent accounts and solutions to overcome obstacles to the Administrator.
Develops and maintains written policies and procedures that govern the accounting functions of the facility.
Maintains a working knowledge of the state long term care Medicaid insurance program, Medicare Part A, B and C insurance program, and private long term care insurance programs.
Ensures pre-admission financial evaluations regarding the identification of a payer source is coordinated with the Admissions as part of the pre-admissions process.
Develops and maintains positive relationships with residents, employees, and family members.
Promotes and establishes effective communication and customer service to achieve facility goals and customer satisfaction.
Supervises all Business Office personnel and their work functions.
Evaluates work performance of Business Office personnel and Door Monitors for expected performance outcomes.
Ensures the admissions staff’s behavior is aligned with facility financial goals. Addresses behaviors of Business Office personnel when incongruent with facility goals.
Facilitates, serves, attends or participates in various committees of the facility as necessary.
Understands, continues to learn, and teaches others about new CMS program initiatives affecting the facility’s fiscal health such as value based purchasing programs like SNF-VBP, SNF-QRP, Quality Measures, and Payroll Based Journal reporting, etc.
Participates in QAPI or facility assessment activities as needed, such as carrying out duties assigned as part of a performance improvement committee.
Identifies and collaborates with members of the interdisciplinary team, consultants, and others when needed to identify opportunities for enhanced financial services to the residents and/or resolve issues.
Recruits talented, qualified individuals in conjunction with Human Resources to fill department positions as a key factor in building and maintaining a strong and capable Business Office team.
Promotes teamwork, mutual respect, and effective communication. Promotes positivity and active daily problem solving.
Reads and stays informed regarding developments in the skilled nursing sector and associated support services, regulatory, business practices and other entities potentially influencing the facility’s fiscal health.
Reviews and develops a plan of correction for accounting deficiencies noted during survey inspections and provide a written copy of such plan to the Administrator.
Promotes and encourages an environment of trust within the Business Office as well as with department heads and all facility employees.
Promotes safe work practices, safety rules, and accident prevention procedures to prevent employee injury and illness.
Ensure information necessary for payroll processing is accurate and input is done timely. Completes annual 1099 forms.
Submit and follow up with workers comp claims.
Review accounts payable at least monthly to determine vendor payments required.
Maintain employee key log and petty cash box.
Ensure contracted file information is current and updated annually.
Ensure Business Associate Agreements are updated annually.
Manage and maintain personnel files with the facility policies and local, state and federal guidelines.
Complete all financial paperwork for all new admissions. Complete Medicaid application for admissions as needed and assist families with timely completion of all required documentation and submission for Medicaid.
Complete paperwork needed when utilizing Medicare Replacement payers to ensure appropriate certification / recertification and billing.
Prepare and forward in a timely manner to proper staff/authorities all reports, forms, filings required by local, state and federal agencies such as quarterly PBJ reporting, sales tax filing, Medicare credit balance reports, etc.
Maintain accurate account balances by ensuring deposits are posted timely and correctly and adjustments / write-offs are made when necessary. Keep the Administrator informed of the financial status of the facility.
Plan and carry out programs for orientation and training of new employees.
Answer door / phones in a professional and timely matter in the absence of the receptionist / door monitors.
Ensure month end and fiscal year end reconciliations are completed timely and accurately.
Facilitate annual open enrollment for employee benefits, ensure employees are added and terminated from plans timely.
Other duties as assigned by Administrator or as required by changing regulations of the industry.
Treats all residents with dignity and respect. Promotes and protects all residents’ rights.
Establishes a culture of compliance by adhering to all facility policies and procedures. Complies with standards of business conduct, and state/federal regulations and guidelines.
Follows appropriate safety and hygiene measures at all times to protect residents and themselves.
Maintains confidentiality of protected health information, including verbal, written, and electronic communications.
Reports noncompliance with policies, procedures, regulations, or breaches in confidentiality to appropriate personnel. Reports any retaliation or discrimination to HR or compliance officer.
Reports any allegations of abuse, neglect, misappropriation of property, exploitation, or mistreatment of residents to supervisor and/or administrator. Protects residents from abuse, and cooperates with all investigations.
Reports any occupational exposures to blood, body fluids, infectious materials, and/or hazardous chemicals in accordance with facility policy.
Participates in all life safety and emergency drills and trainings. Fulfills responsibilities as assigned during implementation or activation of the facility’s emergency plan.
Reports work-related injuries and illnesses immediately to supervisor.
Follows established infection control policies and procedures.
As a condition of employment, completes all assigned training and skills competency.