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Position Summary
The Business Office Manager is primarily responsible for revenue cycle management. This includes but is not limited to: accounts payable and receivable, billing, record keeping, data management and information system reports. The Business Office Manager assures accurate and efficient information in accordance with professional accounting practices and government regulations.
Essential Responsibilities and Duties
- Responsible for collecting accounts receivable for Private Pay and Resident Liability Accounts, including follow-up until paid in full or sent to collections.
- Resolve balance disputes as needed/requested from responsible parties/residents.
- Maintain status of delinquent/problem accounts and notify the Accounts Receivable Director and the Administrator of these accounts as they arise.
- Prepare analysis and reconciliation of accounts of Private Pay and Resident Liability Accounts.
- Take incoming payments received on accounts and deposit to bank.
- Post payments accurately in the accounting system.
- Send out monthly Private Pay/Resident Liability Accounts statements to families.
- Answer questions from families on accounts, including Medical Assistance.
- Assist families with Medical Assistance applications and follow up with counties and/or families.
- Submit monthly Medical Assistance invoices to the State of Minnesota.
- Follow up on denied claims and resubmit claims accordingly.
Qualifications
Education and Experience
- Associate degree in accounting, healthcare administration, or business management preferred, or high school diploma with 5 years of healthcare-related business office experience.
- Knowledge of account receivable management, basic accounting procedures, insurance/third-party billing, and computerized office systems.
- Effective verbal and written communication skills to guide staff, communicate with colleagues, and interact with management.
- Ability to perform essential functions with or without reasonable accommodation.
- Qualify for employment following a criminal background check per Minnesota Department of Human Services guidelines.
Preferred
- Experience in healthcare, skilled nursing, or assisted living communities.
Skills and Abilities
- Ability to manage multiple tasks and adapt to sudden demands.
- Resilience and receptiveness to constructive feedback.
- Personability and ability to inspire trust.
- High emotional intelligence (EQ).
- Active listening skills.
- Proficiency in English, both spoken and written.
- Comfort operating in ambiguous situations and with diverse populations.
- Ability to thrive in a fast-paced, growing environment.
About Monarch
Monarch’s mission is to change the way short-term rehabilitation and long-term care are delivered, prioritizing resident and family needs in a comfortable, home-like environment. We value our employees and offer a positive, supportive work environment with competitive pay, perks, and benefits. We are an Equal Opportunity Employer, celebrating diversity and inclusivity.