Director Of Accounts Receivable | Skilled Nursing Remote Position

Prema Financial Solutions has a great opportunity for an Director of Accounts Recieveable!

Prema Financial Solutions was created with the intention of providing excellence in timely financial, reimbursement and revenue cycle support to senior living operators. The role of the Director of Accounts Recieveable is an integral part of the revenue cycle support provided to the clients we serve.

General Purpose:

Responsible for overseeing collections of delinquent Accounts Receivable for all facilities to include: Medicare, Medicare Replacement Plans, Medicaid, Commercial Insurance, and Third Party/Medicaid Coinsurance, in conjunction with Billing Specialist, facility Business Office Managers, Administrators, and BODs. Assists the VP of AR with focus facilities and special projects as needed.

Essential Job Functions

This company expects their employees to promote an atmosphere of teamwork with other employees and hospitality and comfort for its residents. Therefore, the following list of duties is not all-inclusive:

• Responsible for analyzing AR aging reports to ensure collection and DSO goals are being met and working with Billing Specialists when collections are not meeting key metrics.
• Assist in Billing and Collections as determined by staffing need and special tasks.
• Set up access to billing portals for new facilities and new staff.
• Collaborates with a variety of departments to reduce financial risk, maximize collections, and ensures that claims/statements are being followed up on a timely basis.
• Identifies root cause of billing/collection issues from the facility level and communicates with Billing Specialist, Director of Business Office Support and Business Office Directors on issues to ensure quick response to correct problem.
• Partners with operations management / ownership on aging improvements, analysis, training, and strategic initiatives.
• Partners with operations management /ownership to identify issues, areas of opportunity and collaboratively develop solutions.
• Reports to supervisor timely on any challenges in billing/revenue cycle and completes summary reports as requested on a monthly basis.
• Complies with compliance and ethics Code of Conduct

Other Duties

• Others as directed by the direct supervisor and/or leadership.

Minimum Qualifications

• Accounting Degree and/or experience in health care
• Organized and detailed in work performance.
• Good communication skills with excellent self-discipline and patience.
• Proficient at MS Excel, billing and accounting software
• Genuine caring for and interest in elderly and disabled people in a nursing facility.
• Comply with the Residents' Rights and Facility Policies and Procedures.
• Perform work tasks within the physical demand requirements as outlined below.
• Perform essential duties as outlined above.

Working Conditions

• Subject to challenges in meeting work demands due to frequent interruptions.
• Fast paced, required to make decisions quickly.
• Involved with personnel, visitors, government agencies/personnel, etc., under all conditions and circumstances.
• May work beyond normal duty hours, on weekends, and in other positions temporarily, when necessary.