Job Posting for Regional business office manager at Bedrock Healthcare
A Nursing Home Regional Business Office Manager is a crucial role responsible for overseeing financial and administrative functions within multiple nursing home facilities within a specified region.
Financial Management:
Develop and manage budgets for each nursing home in the region.
Monitor financial performance, analyze variances, and implement corrective actions as needed.
Ensure compliance with financial policies and procedures.
Billing and Revenue Cycle:
Oversee billing processes and ensure timely and accurate submission of claims.
Collaborate with billing staff to address and resolve billing issues.
Optimize revenue cycle management to maximize reimbursement.
Staff Supervision and Training:
Manage and lead the business office staff across multiple locations.
Provide training and development opportunities to enhance staff skills.
Conduct performance evaluations and address any performance issues.
Compliance and Regulatory Affairs:
Ensure compliance with state and federal regulations related to healthcare finance.
Stay updated on changes in regulations and implement necessary adjustments.
Collaborate with legal and compliance teams to address any compliance issues.
Financial Reporting:
Generate and analyze financial reports for senior management.
Present financial performance and key metrics to leadership teams.
Provide recommendations for improving financial outcomes.
Vendor and Contract Management:
Negotiate contracts with vendors and service providers.
Monitor vendor performance and address any issues.
Optimize cost-effectiveness of contracts and services.
Collaboration with Department Heads:
Work closely with nursing home administrators and department heads to align financial goals with operational objectives.
Provide financial guidance and support for decision-making.
Risk Management:
Identify financial risks and develop strategies to mitigate them.
Collaborate with risk management teams to address potential issues.
Ad Hoc Projects:
Undertake special projects or initiatives related to financial improvement or efficiency.
Communication:
Communicate financial goals, policies, and procedures to staff.
Foster a collaborative and communicative environment within the business office.
Call for a facility tour!
Salary.com Estimation for Regional business office manager in Watertown, WI
$132,732 to $181,162
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