Overview
Business Office Manager/BOM Jobs in Morrison – Illinois – USA at Prestige Care Center of Morrison
Position: Business Office Manager (BOM)
Location: Morrison
Prestige Care Center of Morrison –
Required Qualifications
Bachelors degree in Accounting, Business Administration or related field preferred.
Must have at least three (3) years of experience in a billing or supervisory capacity in the business office of a hospital, nursing home, or other related health care facility.
Knowledgeable of skilled nursing home regulations, procedures, laws, regulations and guidelines pertaining to long-term care.
Major Duties and Responsibilities
Plans, develops, organizes, implements, evaluates and directs the overall financial operation of the facility as well as its programs and activities, in accordance with generally accepted accounting principles and current state and federal laws/regulations.
Reports the facilitys financial performance at least monthly, and more frequently as needed, to the Administrator and the Board of Managers, Directors, and/or governing body as directed.
Identifies, in conjunction with the Administrator and selected department heads, the facilitys key performance financial indicators. Establishes an ongoing system to monitor these key indicators. These key performance indicators promote the fiscal health of the facility.
Evaluates key performance indicator outcomes with department heads to determine the need for action fromleadershipand/or management such as re-educationor revisions related to the facilitys financial outcomes.
Develops and implements processes and systems in the Business Office to manage billing, collections (A/R), accounts payable (A/P), patient trust, liability notices, general ledger functions, business/payroll taxes, purchase orders, cash flow and all necessary business transactions using generally accepted accounting principles.
Ensures the Business Office procedures comply with regulatory requirements related to bed-hold notice requirements.
Develops and implements payroll accounting processes, including special accounting functions required by any employee benefit or retirement plans, insurance accounting required by the federal Family and Medical Leave Act, etc.
Produces monthly facility income statement.
Prepares financial records and cost reports for submission to authorized government agencies as required by current regulations.
Utilizes and is proficient in various excel, word, adobe, and other electronic reporting formats.
Maintains schedules for capital expenses and fixed asset depreciation.
Reviews and interprets monthly financial statements and provides relevant information to the Administrator and Board of Directors, Managers, or governing body.
Makes written and oral reports/recommendations routinely and as requested.
Ensures monthly billing is completed timely using facility A/R software.
Ensures facilitys billing checks and balances are followed by all team members as required by facility policy including but not limited to the balancing of the daily census, Medicare triple check prior to billing, etc.
Maintains working knowledge of all aspects of facilitys financial software program.
Develops and monitors accounts receivables. Reports delinquent accounts and solutions to overcome obstacles to the Administrator.
Develops and maintains written policies and procedures that govern the accounting functions of the facility.
Maintains a working knowledge of the state long term care Medicaid insurance program, Medicare Part A, B and C insurance progra…
Title: Business Office Manager/BOM
Company: Prestige Care Center of Morrison
Location: Morrison – Illinois – USA
Category: Administrative/Clerical
