Top Business Office Executive - Healthcare jobs in Minnesota

Top Business Office Executive - Healthcare oversees all activities of a hospital's business office including admitting and registration, patient billing and collection, third-party payer relations, and preparation of insurance claims. Directs and establishes policies and procedures for the business office and ensures all office activities comply with hospital standards and government regulations. Being a Top Business Office Executive - Healthcare monitors the efficiency of the department and suggests and implements changes to improve overall performance. Ensures that patient transactions are handled in an accurate and efficient manner. Additionally, Top Business Office Executive - Healthcare may require an advanced degree. Typically reports to top management. The Top Business Office Executive - Healthcare manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Business Office Executive - Healthcare typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Business Office Manager
  • Monarch Healthcare Management
  • Fridley, MN FULL_TIME
  • POSITION SUMMARY

    The Business Office Manager is primarily responsible for revenue cycle management. This includes but is not limited to: accounts payable and receivable, billing, record keeping, data management and information system reports. The Business Office Manager assures accurate and efficient information in accordance with professional accounting practices and government regulations

     

    ESSENTIAL RESPONSIBILITIES AND DUTIES

    Accounts Receivable/Collections

    • Responsible for collecting accounts receivable for Private Pay and Resident Liability Accounts to include follow-up until status is paid in full or sent to collections.
    • Resolve balance disputes as needed/requested from responsible parties/residents.
    • Maintains status of delinquent /problem accounts and notifies the Accounts Receivable Director and the Administrator of these accounts as they arise.
    • Prepares analysis and reconciliation of accounts of Private Pay and Resident Liability Accounts.
    • Takes incoming payments received on accounts and deposits to bank.
    • Posts payments accurately in accounting system.
    • Sends out monthly Private Pay/Resident Liability Accounts statements to families.
    • Answers questions from families on accounts to include Medical Assistance.
    • Assists families with Medical Assistance applications and follows up with counties and/or families.
    • Submits monthly Medical Assistance invoice to the State of Minnesota.
    • Follows up on denied claims and resubmit claims accordingly. R

    Accounts Payable

    • Uploads all invoices into DSSI.
    • Codes and submits invoices assuring payments can be made in a timely manner.
    • Acts as facility contact for all A/P questions/concerns.
    • Maintains working knowledge of general ledger accounts.
    • Oversees retention of invoices maintaining seven (7) year requirement

    Development and Implementation of Goals and supervision of staff

    • Reviews, analyzes and interprets financial data to monitor progress toward established goals; identifies deterrents to success and implements improvements as necessary to enhance efficiencies and results; facilities effective problem resolution and development of business office goals and objectives.
    • Participates with Administrator in hiring, firing and evaluating Business Office staff.
    • Supervises and monitors staff to assure policies and procedures are followed as outlined by Monarch Healthcare Management.
    • Supervises the training of new employees to their duties.
    • Expresses appreciation to staff as needed, motivates staff.
    • Performs performance evaluations for employees in a prompt, fair, consistent manner.
    • Performs other duties as assigned by Administrator.

    Establishes Healthy Relationships and Uses Professional Conduct with Other Health Care Professionals, Residents, Families, Visitors, Supervisors and Co-workers

    • Is courteous and cooperative with residents, families, visitors, supervisors, and coworkers.
    • Promotes a positive and professional image both in the facility and in the community.
    • Always maintains resident confidentiality. Understands the need for complete privacy of all health care data.
    • Abides by and promotes customer service and the Continuous Quality Improvement Program of Monarch Healthcare Management.

    FACILITY COMPLIANCE

    • Maintains departmental records
    • Attends meetings as directed to include departmental meetings, Quality Assurance meetings, etc.
    • Attends continuing education/in-services pertinent to your department
    • Maintains and applies knowledge of current policies and procedures as it relates to your job responsibilities. Educates Business Office personnel about new standards and policies as needed.
    • Maintains current knowledge of federal and state regulations particularly those relating to the Business Office
    • Is knowledgeable of and abides by the importance of the Residents’ Bill of Rights
    • Promotes a highly positive workplace centered on strong customer service, inclusivity and ensuring staff feel welcome and supported.
    • Ability and willingness to work some evenings and weekends as directed by supervisor.

     

    QUALIFICATIONS

    Education and Experience

    • Must have Associate degree in accounting, healthcare administration or business management preferred or high school diploma with 5 years of business office experience in and/or related to healthcare billing.
    • Must Possess current knowledge of account receivable management, basic accounting procedures, insurance/third party billing procedures and computerized office system operation.
    • Must be Able to communicate, both verbally and in writing, to effectively guide direct reports, communicate with co-workers and relate and respond to upper management.
    • Must be able to perform essential functions of the position with or without reasonable accommodation.
    • Must qualify for employment, after criminal background check, per guidelines of the Minnesota Department of Human Services.

    Preferred

    • Experience in healthcare, skilled nursing facility or assisted living community

     

    Required Skills and Abilities

    • Ability to effectively manage multiple tasks and pivot with sudden demands of your attention
    • Resilience: ability to welcome constructive feedback, course correct and not take it personally
    • Personability; ability to get along with all personality types and inspire trust with residents, staff, family
    • High emotional intelligence (EQ)
    • Ability to actively listen, with the goal of understanding
    • Ability to clearly speak and proficiently read and write in English
    • Comfort in operating in ambiguous situations and with diverse populations
    • Ability to thrive in an environment that is fast-paced and rapidly growing

    About Monarch:

    Monarch’s mission is to change the way short term rehabilitation and long-term care is delivered. We strive to make patient care and customer service come together, putting the needs of our residents and their families first. We fulfill the communities need for health and housing, in a comfortable well equipped, pleasant home like atmosphere.

    We could not provide this caliber of services without our dedicated employees. We value their contributions and work hard to attract and retain the best talent by offering a positive and supportive work environment along with competitive pay, nice perks, and great benefits.

    We are an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

     

  • 23 Days Ago

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Business Office Manager Assistant
  • Monarch Healthcare Management
  • Foley, MN FULL_TIME
  • Business Office Manager Assistant POSITION SUMMARY The Business Office Assistant works directly under the Business Office Manager to maintain accurate financial records for the facility. The primary r...
  • 20 Days Ago

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Business Office Manager Assistant
  • Monarch Healthcare Management
  • Alexandria, MN FULL_TIME
  • Business Office Manager Assistant POSITION SUMMARY The Business Office Assistant works directly under the Business Office Manager to maintain accurate financial records for the facility. The primary r...
  • 5 Days Ago

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Business Office Manager Assistant
  • Monarch Healthcare Management
  • Alexandria, MN FULL_TIME
  • Business Office Manager Assistant POSITION SUMMARY The Business Office Assistant works directly under the Business Office Manager to maintain accurate financial records for the facility. The primary r...
  • 5 Days Ago

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Student Volunteer (Law)
  • Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys
  • Minneapolis, MN VOLUNTEER
  • The U.S. Attorney's Office - District of Minnesota is seeking outstanding candidates for a summer 2024 legal internship and/or a legal internship for the 2024-2025 academic year to assist in our missi...
  • 20 Days Ago

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Account Executive
  • Endeavor Business Media
  • Saint Paul, MN FULL_TIME
  • What We Do: At Endeavor Business Media (EBM) we create meaningful connections that facilitate business decision making. In specialized markets, businesses are looking to attract new customers, connect...
  • 15 Days Ago

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Account Executive - Healthcare
  • Ctr Corporation
  • Saint Louis, MO
  • CTR Group is seeking HEALTH ACCOUNT EXECUTIVES ( SENIOR LIVING) in the SAINT LOUIS, MO, area. Immediate openings and urg...
  • 4/23/2024 12:00:00 AM

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Project Executive (Healthcare)
  • Clark Construction Group Llc
  • Atlanta, GA
  • As Project Executive, you will be the driving force of a leadership team dedicated to providing world class service to o...
  • 4/22/2024 12:00:00 AM

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Senior Healthcare Executive
  • Pfizer
  • Indianapolis, IN
  • Senior Healthcare Executive page is loaded Senior Healthcare Executive Apply locations India - Kolkata time type Full ti...
  • 4/22/2024 12:00:00 AM

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Healthcare Executive Assistant
  • TEKsystems
  • Los Angeles, CA
  • *Description:* Provides coordination of administrative functions for the Executive and associated department staff that ...
  • 4/22/2024 12:00:00 AM

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Healthcare Representative
  • US Staffing And Analytics Inc
  • Orlando, FL
  • Job Description Job Description Healthcare Representative We are seeking a highly motivated and enthusiastic individual ...
  • 4/22/2024 12:00:00 AM

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Account Executive - Healthcare
  • The Reserves Network, Inc.
  • Houston, TX
  • Job Description Job Description We care about our customers, the communities in which we operate and - of course – our t...
  • 4/20/2024 12:00:00 AM

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Project Executive - Healthcare
  • Swinerton Incorporated
  • Bellevue, WA
  • Job Description Summary: Overall management of the operations and administration of assigned healthcare projects with bo...
  • 4/19/2024 12:00:00 AM

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Project Executive (Healthcare)
  • Clark Construction Group, LLC
  • Atlanta, GA
  • As Project Executive, you will be the driving force of a leadership team dedicated to providing world class service to o...
  • 4/19/2024 12:00:00 AM

Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. state on May 11, 1858, created from the eastern half of the Minnesota Territory. The state has a large number of lakes, and is known by the slogan the "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord (French: Star of the North). Minnesota is the 12th largest in area and the 22nd most populous of the U.S. states; nearly 60% of its residents live in the Minneapolis–Saint Paul metropolitan area (known as the "Twin Cities"). This area i...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Business Office Executive - Healthcare jobs
$157,827 to $238,340