What are the responsibilities and job description for the Patient Financial Services Manager position at Lake Regional Health System?
Work and live where others vacation! Here at Lake Regional, you will work in a busy, progressive state-of-the-art hospital utilizing new technologies and procedures every day! Lake Regional is looking for a candidate with proven, successful, director level experience; excellent leadership and communication skills; strong organizational skills and the ability to prioritize and delegate; strong analytical and problem solving skills; knowledge of and experience with appropriate software; skilled in mentoring and able to work well with the organizational team, and the ability to manage successfully in a fast-paced, high volume, and changing environment.
Job Description
Job Description
- This position is responsible for overseeing the day-to-day activities of billing and collections for a 116-bed acute care hospital and 70-provider medical group
- Has overall responsibility for all third party and self-pay billing and collections for hospital and employed physician services
- Oversees the maintenance of the CDM by incorporating new charges/services identified by hospital departments, third party payer changes, Centers for Medicare and Medicaid Services (CMS) special requirements, and coding updates
- Coordinates regularly scheduled denial meetings with department and clinic managers to identify process improvement opportunities
- Researches and resolves CPT code, revenue code, and other billing issues referred by the Patient Financial Services (PFS) Department
- Utilizes strategic pricing applications to maximize payments within the health system
- Ensures compliance with all Federal, State, and local regulations.
- Conducts billing audits to assure the capture of all chargeable services. Evaluates and monitors accuracy and completeness of billed services versus documented services Notates discrepancies in over-under- and incorrectly billed items; correctly calculates the dollar total amounts for each discrepancy and submits necessary documents for patient account adjustments
- Represents PFS at cross-functional meetings to assure Medicare National Coverage Determination (NCD) and Local Coverage Determination (LCD) policies are followed
- Provides leadership and strong communication skills when acting as a liaison between PFS and ancillary departments
- Resolves external customer concerns and complaints ensuring an excellent patient experience
- Develop and mentor operational talent to deliver excellent and consistent AR resolution
- Assist with the development and monitoring of KPIs as it relates to operational processes that meet or exceeds revenue and collections goals
- Provides regular reporting to the PFS Director and other relevant stakeholders
- Bachelor's degree required
- 5-10 years related work experience with a least 5 years management experience required
- Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access, and other web-based applications
- May produce complex documents, perform analysis and maintain databases
- Annual influenza vaccine required.