Business Consultant IV
Indotronix International Corporation
Chicago , IL 60290
Posted 3 months ago
Responsible for directing Patient Financial Services to include, Billing, Collections, Customer services, Cash posting, Denial Management and Budget Preparation. Coordinate the daily activities related to the planning, implementing and maintaining all function pertinent to the Patient Financial Services areas.
Responsible for continued improvement in staff through education, training and positive enforcement of appropriate working practices. Must be able to meet performance goals to include, cash, A/R days, production by area, and denial reduction.
The Director is responsible for monitoring changes in the healthcare industry impacting the billing and collection efforts of the Health System. Five years of progressive experience in healthcare industry with emphasis in billing, collections, managed care processes and compliance. Three years of director level experience in Patient Financial Services.
Establishes internal controls to ensure timely and accu billing to third party carriers.
Maintains days in accounts receivable at below industry standards.
Monitors daily cash flow.
Prepares statistical, analytical and management reports as requested by CFO and Vice President
Strong commitment to formalized orientation and training of staff on an on-going basis.
Management of all external billing services. Requirements:
Bachelor's degree in business administration or related filed
3+ years previous Director Level experience in Patient Financial Services
Thorough knowledge of hospital/physician admission, registration, billing, and collection procedures.
Extensive analytical skills and ability to meet deadlines.
Knowledge of third party requirements, Medicare/Medicaid regulations, and electronic filing of claims.
Excellent customer service skills required to deal with internal and external customers, departments and
facilities, associates and physicians, various committees, vendors and governmental agencies