Stellar Health Group - Winchester, MA
posted about 2 months ago
The Regional Business Office Manager/Director of Accounts Receivable is a pivotal role within our organization, responsible for overseeing the financial operations of multiple facilities. This position requires a comprehensive understanding of accounts receivable processes and the ability to manage daily business office needs effectively. The individual in this role will provide support during times of vacancy, leave of absence, or vacations of the Business Office Manager (BOM). The successful candidate will be fluent in all tasks outlined in the BOM job description, ensuring continuity and efficiency in operations. In addition to daily operational support, the Regional BOM will conduct weekly financial tracking calls with assigned facilities. These calls are essential for monitoring accounts receivable (AR) balances and ensuring that priority cases are being addressed effectively. The Regional BOM will review AR balances of residents, providing guidance to facility BOMs on resolution strategies. This role also involves determining when to escalate cases that require additional attention, ensuring that all AR collection efforts are properly documented through random audits of accounts. The Regional BOM will also be responsible for ensuring that AR programs are utilized correctly by conducting random audits and providing ongoing training as necessary. This includes assessing the cognitive appropriateness of residents' ability to sign over funds through various payment methods, including RFMS and electronic payments. The role is critical in maintaining the financial health of the facilities and ensuring compliance with all relevant policies and procedures.