Billing Supervisor

Carefree Living is looking for a Billing Supervisorto join our growing and established assisted living community in Inver Grove Heights, MN. We offer REWARDING EMPLOYMENT, RESIDENT-CENTERED CARE, A TEAM ENVIRONMENT AND PROFESSIONAL DEVELOPMENT with a DEPENDABLE Health Care Company.
POSITION PURPOSE:
Ensure the accurate and timely processing and collections of bills and receivables in order to meet the cash flow goals of the company. In addition, provide timely accounts receivable and collection information to the Management Team. Manage personnel of the central office and coordinate those activities with other company offices. Professionally assist and nurture effective working relations with all management, employees, clients, vendors, referral sources and the public. This is a manager level position that participates in quarterly management meetings.
PRINCIPAL ACCOUNTABILITIES:

• Manage the entire billing/processing cycle and ultimate collection of receivables including gathering data, preparing statistics of all governmental [Federal and State] and other third-party cost reports, appeals of adverse reimbursement decisions or calculations. Evaluate and recommend changes to Spectrum systems and means of billing and collection to ensure optimal efficiency and effectiveness.
• Under the direction of the Accounting Manager and VP Finance and Planning, establish the appropriate time frames and goals in which billing and cash receipts are to be completed each month. Communicate expectations to applicable staff. Provide the Management Team with an update on status of monthly billing and collections.
• Prepare A/R aging reports at mid-month, upon month end close and upon request from Continually evaluate for collections efforts to date. Prepare status report on all accounts over 90 days. Ensure accuracy and completeness of aging detail. Communicate aging status to managers. Coordinate, recommend, and pursue appropriate collections efforts on any amounts over 90 days.
• Develop, implement, and review appropriate measurement systems for accounts receivable staff. Through clearly defined expectations, ensure each member of billing, collection and prior authorization staff are aware of how their performance is measured and to what results they will be held accountable.
• Prepare third party contractual allowance/revenue deduction calculations for activities and keep management informed.
• Develop, evaluate, and review on a regular basis policies, procedures and practices for billing and collection staff to maintain compliance with regulations, requirements and standards and recommend modifications to the VP.
• Participate in annual corporate-wide budgeting process and formulate and adhere to an annual budget including revenue and net income goals in an effort to achieve the organization's operating and financial objectives.
• Respond to questions and calls from outside entities, other departments, regarding problems, concerns, or general information regarding billings and collections or refer to appropriate persons.
• Determine the staffing needs, coordinate the hiring, competence assessment, orienting and productivity of qualified personnel for the billing department to ensure optimal operating efficiency and minimal turnover.
• Provide direct and indirect supervision and management of billing and collections staff; determine goals for and evaluate employees' performance according to established criteria and policies.
• Create and advance an environment of positive employee relations and monitor attitudes and issues with regard to employee satisfaction; periodically evaluate, address and correct issues.
• Supervise, train, manage and coordinate the billing and collections team; provide them with day-to-day guidance and help them to set longer-term goals so they can effectively support the needs of the organization.
• Develop effective work groups among the staff through use of team building strategies and provide educational training programs on pertinent topics.

EDUCATION:
Bachelor's degree in accounting or business administration with advanced courses in supervision and office management as normally acquired through business or technical college certification or equivalent experience.
EXPERIENCE:
A minimum of three years' billing and collection experience in a professional fast-paced office, preferably within the health care industry
BENEFITS:

• Flexible Schedules/Work-life balance
• Competitive Wages
• Paid Training
• Employee Recognition Programs
• Medical/Dental/Vision insurance, company paid basic life and AD&D insurance
• Flex Spending, Dependent Care & HSA options available
• 401K with employer match
• Paid Time Off
• Cell phone discounts... And more!

Carefree Living is a division of Spectrum Health Companies - a Minnesota-based statewide community health care provider of Assisted Living, Memory Care, Homecare and Independent Living services.
APPLY NOW: https://spectrumhealthcos.applicantpool.com/jobs/
Learn more at: http://www.spectrumhealthcos.com/
Spectrum is an EOE/Drug Free/AA Employer

Job Type: Full-time

Pay: $24.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• Dental insurance
• Flexible schedule
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person