Patient Financial Services Manager

Central Louisiana Surgical Hospital•Alexandria, LA

10h•Onsite

About The Position

Under general direction of the senior financial officer/director, develops departmental policy; is responsible for the financial counseling, billing, collection, and cash management and reconciliation process; manages and coordinates resources and activities of teams to ensure departmental goals are met; performs trend analysis and produces reports; identifies and resolves problems, for the purpose of achieving the departmental goal of ensuring maximum revenue and cash flow beneficial to the hospital.

Requirements

Bachelor’s degree in accounting or business preferred
5-7 years management experience in healthcare revenue cycle and billing management.
Thorough knowledge of federal, state and local laws, rules, regulations and policies as they are related to the financial operation of a high-volume hospital.
Strong knowledge of payer (Medicare, Medicaid and Commercial) requirements relative to charging, coding, billing & compliance.
Thorough knowledge of the principles and practices of billing, accounts receivable, denial management, coding/compliance and cash management in hospital/health system.
Strong computer system skills including revenue cycle management systems.
Experience in areas such as business process improvement and transformation.
Communicate effectively orally and in writing.
Demonstrates ability to coach and motivate.
Demonstrates goal-oriented behavior and ability to effectively plan and execute plans.
Experience maintaining a budget and ability monitor expenditures in compliance with budgetary guidelines.
Display flexibility with multiple work demands and short time frames.

Responsibilities

Supervision of all office functions including billing and accounts receivable management.
Responsible for staff adherence to all Business Office Policies and Procedures.
Holds regular staff meetings to ensure coordination of efforts.
Conducts periodic performance reviews on all Business Office Staff.
Provides leadership to department and to hospital.
Effectively oversees day-to-day operations of department.
Monitors workload and personnel needs of Business Office and delegates work effectively.
Trains, develops and motivates Business Office Staff.
Prepares and provides analysis of monthly financial and management reports.
Assists accounting department with monthly analysis.
Responsible for daily cash management procedures.
Reviews insurance contracts.
Maintains good working relationships with insurance payors.
Maintains good working knowledge of insurance payors reimbursement requirements.
Maintains inventory of forms and office supplies.
Resolves problems with billings, collections and medical records.
Prepares analysis reports for annual outside audit.
Maintains all office computer systems and programs.
Maintains all business procedures and recommends adjustments to senior financial officer/director on an as-needed-basis and as required by regulatory standards.
Serves as charge-master coordinator.
Ensures that yearly coding changes have been made in the computer CPT data file.
Assists senior financial officer/director in development of annual budget.
Assumes any other responsibilities that may be assigned by senior leadership on an as needed basis.
Ensuring daily that patients and their relatives are dealt with in a professional and courteous manner.
Successfully manages physician, employee, interdepartmental and patient satisfaction and/or engagement.
Comply with facility Standards of Behavior and complete all required education assignments within the designated timeline.