Regional Medicaid Specialist

AdamsPlace

38d

About The Position

The Regional Medicaid Specialist is a key leadership role within our skilled
nursing facility region, responsible for managing all business office
operations. This position ensures the efficient financial and administrative
functioning of the facility, including overseeing business office staff,
managing revenue cycles, and ensuring compliance with all applicable
regulations.

Requirements

• The ideal candidate will demonstrate exceptional organizational, analytical, and leadership skills, with a strong understanding of healthcare financial operations and commitment to providing outstanding service to residents and their families.
• Strong knowledge of healthcare billing systems, accounts receivable, and accounts payable processes.
• Proficiency in payroll systems and bank reconciliation procedures.
• Familiarity with patient trust account management and related regulatory requirements.
• Excellent leadership, organizational, and problem-solving skills.
• Effective communication and interpersonal skills.
• Proficiency in Microsoft Officer Suite and financial software systems.

Nice To Haves

• Bachelor's degree in Business Administration, Accounting, or related field preferred; equivalent experience may be considered.
• Minimum of three (3) years experience in a healthcare setting or business officer preferred.

Responsibilities

• Supervise and provide direction to business officer partners, ensuring productivity and adherence to facility policies.
• Conduct regular partner coaching and feedback to maintain a high-performing team.
• Oversee revenue cycle processes, including timely and accurate billing and revenue recognition.
• Perform daily reconciliation of census and accurate pay source maintenance and billing set up within the electronic health record.
• Ensure prompt collection of accounts receivable, including private pay, Medicare , Medicaid, and insurance payments.
• Manage accounts Payable, ensuring timely and accurate processing of invoices and payments.
• Oversee the updated and processing of payroll, ensuring compliance with facility policies and regulatory requirements.
• Address payroll discrepancies and employee inquiries promptly and professionally.
• Perform monthly reconciliation of bank balances and accounts, ensuring accuracy and resolving discrepancies.
• Manage patient trust bank accounts in accordance with regulatory guidelines, ensuring proper documentation and security funds.
• Provide regular account updates to residents and families as needed.
• Work closely with the Administrator, clinical staff, and other departments to support the overall mission and goals of the facility.
• Serve as a liaison with external stakeholders, including auditors, and regulatory agencies.

Benefits

• We provide a culture of excellence, recognition, empowerment, and fun.
• We offer professional growth opportunities along with competitive compensation wage increases based on performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level