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Regional Financial Specialist

Nexion Health Management
Sykesville, MD Full Time
POSTED ON 11/29/2024
AVAILABLE BEFORE 1/25/2025


                                       
                          


                                                                                                   This position is based on Texas Location and is a Corporate Regional role
                                                               

Nexion affiliates operate 56 skilled nursing and rehabilitation as well as assisted living facilities in Louisiana, Mississippi and Texas. Each of our affiliate skilled nursing and assisted living campuses offers a home-like setting influenced by their own unique regional cultures. Our commitment to excellence is reflected in our positive clinical outcomes, resident and family member testimonials, satisfaction reports and AHCA Quality Awards.

Job Summary:

The Regional Financial Specialist is responsible for assisting facilities collect outstanding Accounts Receivables in accordance with Nexion Corporate policy and applicable federal, state, and local regulations. Under the direct supervision of the Regional Financial Manager (RFM) and VP of Revenue Cycle, the Regional Financial Specialist will focus on a set number of facilities.

Responsibilities:

(Accounts Receivable)
  • Travel to facilities to consult, train, assist with Business Office Manager (BOM) on business office processes. 
  • Conduct AR aging reviews on routine basis with BOM and Admin.
  • Ensure billing (Medicaid, Medicare, Co-insurance, Hospice, Insurance, and Managed care) is filed timely.
  • Monitor cash collection daily, weekly, monthly reports 
  • Cover a building if the facility Business Office Manager is on vacation or there is an open Business Office Manager position.
  • Support Business Office Manager in month end close.
  • Work with facility administrator to administer BOM disciplinary action plans, make recommendations related to BOM KPI's.
  • Train new Business Office Managers.
  • Resolve outstanding bank reconciliation items.
  • Audit resident accounts.
  • Attend Regional Meetings, Business Office Manager Conferences, and Operations meetings.
  • Approve consolidated billing invoices, write offs and refunds. 
  • Work closely with underperforming facilities.
  • Conduct routine audits of Resident Trust Fund and Business Office Processes.
  • Perform monthly audits of ACH/credit card transactions. 
  • Coordinate with BOM to respond to state Med, Trust fund audit requests.
  • Update medicate and Managed care ADR trackers.
  • Attend and participate in continuing educational programs and seminars.
  • Perform other duties and special projects as assigned.
  • Travel to other regions as needed. 
  • Travel to Medicaid and Manage Care open forums.

Requirements:

  • Minimum – High School Diploma or equivalent.
  • Strong working knowledge of personal computer and software applications used in job functions (databases, spreadsheets, word processing, etc.).
  • Must have strong organizational skills.
  • Must have excellent oral and written communication skills.
  • Must have minimum of 5 years of experience in Long Term Care as a Business Office Manager, RFS or combination of the two.
  • Must have working knowledge of Point Click Care (PCC) software.
  • Must have working knowledge of Medicaid system,
  • Must have working knowledge of Medicare System.
  • Must have working knowledge of RFMS.
  • Must be able to read, write and speak the English Language.
  • Possess the ability to make independent decisions when circumstances warrant such action.
  • Possess the ability to deal tactfully with all types of personnel and maintain confidentiality as appropriate.
  • Knowledgeable of administrative practices and procedures, as well as laws, regulations, and guidelines pertaining to Medicare, Medicaid and Manage Care, etc.

Compensation and Benefits Package

We offer a great work environment, competitive compensation, and excellent benefits, which include: 100% Paid Vacation/Sick. Medical/Dental/Vision/401k, FSA, STD/LTD, Life Insurance and AD and D.

EOE M/F/D/V

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