Top Cash Management Executive minimizes financial, reputational and regulatory risk to the firm and maximizes the utilization of organization funds. Responsible for determining cash requirements and maintaining cash flows, including banking accounts, long-and short-term debt and investment management. Being a Top Cash Management Executive typically manages the organization's bank accounts, including the oversight of staff responsible for account reconciliation, transfer of funds, or purchase or sale of foreign currencies. Requires a bachelor's degree in area of specialty. Additionally, Top Cash Management Executive typically reports to a top management. The Top Cash Management Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)
Job Type: Regular
Time Type: Full time
Work Shift: Day (United States of America)
FLSA Status: Exempt
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.
Under oversight of the Director, the Manager, BILH Patient Financial Services Hospital Billing is responsible for leading efficient day-to-day hospital operations of a diverse Patient Financial Services team for a large multi-facility healthcare system with future expansion anticipated.Job Description:
Essential Duties & Responsibilities including but not limited to:
• Responsible for assigned Patient Financial Services functions for all BILH Hospital facilities.
• Exemplifies BILH System Services Workforce Code of Conduct.
• Ensures that work units comply with all state, federal and health plan applicable requirements and regulations. Keep abreast of payer and regulatory changes.
• Provide daily management including creating departmental goals and objectives, developing performance standards, and motivating and engaging the team to achieve them.
• Inspires and sustains team unity and engagement by developing, motivating, and guiding the team to achieve results together through productive relationships and work.
• Strong business acumen, understanding of revenue cycle business and IT operations, strong analytical and project management skills Coordinates and supervises workflow of accounts ensuring the standards and target goals.
• Makes day-to-day leadership decisions by securing and comparing information from multiple sources to identify issues; commits to an action after weighing alternative solutions against important criteria; effectively communicates decisions to the appropriate people and teams and holds them accountable. Drives results.
• Communicate issues and changes with Director and all parties applicable.
• Full responsibility for scheduling, recruitment, retention and performance of team members.
• Responsible for ensuring department KPI’s are met, and any risks are promptly mitigated.
• Actively participates in the development of system and workflow enhancement for continuous revenue cycle performance improvement. Coordinates communicating changes to those impacted and monitors performance post implementation.
• The manager works with colleagues and managers from other work units and departments to improve performance, problem solving, and plan.
• Assist the Director with special projects as needed.
Minimum Qualifications:
Education: Bachelor’s degree or equivalent business experience preferred.
Licensure, Certification & Registration:
N/A
Experience: Minimum of 5 years Hospital Revenue Cycle experience; minimum of 2 years healthcare management experience
Skills, Knowledge & Abilities:
• Comprehensive understanding and knowledge of the Center for Medicare and Medicaid Services (CMS) coding, billing, and compliance requirements.
• Working knowledge of patient financial servies activities including the HCPCS coding system, the ICD-10 coding system, reveue, claims denials and collection practices.
• Must have a high level of analytical skilsl, process imporovement abilities, problem solving skills and ability to manage a large work force within a large healthcare environment.
• Computer skills to include use of complex revenue cycle systems, Microsoft, and other basic computer skills are a requirement.
• Excellent verbal and written communications skills.
• Ability to work with all levels of support staff, management and physicians.
Preferred Qualifications & Skills:
• Epic EHR experience