Regional Medicaid Specialist

Responsibilities

• Supervise and provide direction to business office staff, 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.

Qualifications

• 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.
• 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.

Skills And Competencies

• 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 Office Suite and financial software systems.

Pay

Competitive compensation wage increases based on performance.

Schedule

N/A