Job Description
WE ARE FLORIDA MEDICAL!
Our 459-bed acute care hospital has made excellence in delivering healthcare a priority, and it shows:
At Florida Medical Center, we are committed to delivering the highest quality care possible to each of our patients. We strive to help patients achieve better outcomes, quicker recovery times, shorter hospital stays and ultimately, better health. As a result of our efforts, Florida Medical Center has received numerous prestigious awards and accolades from trusted organizations including the Florida Agency for Health Care Administration (AHCA) and the American Heart/Stroke Association.
WHAT WE OFFER
POSITION SUMMARY:
The Hospital CFO is both accountable and responsible for all aspects of the revenue cycle and the hospital financial management for the assigned hospital(s). The position reports to the Regional Chief Revenue Officer/ Chief Financial Officer with an additional reporting relationship to the assigned local Hospital(s) President.
KEY RESPONSIBILITES:
The hospital CRO/CFO is accountable for ensuring all aspects of a fully optimized revenue cycle operation within the hospital setting including an advisory role to ensure financial statements are accurate and explained. The role is accountable for meeting Steward "Key Financial Metrics," and working to appropriately address metric variances.
· Accountable for overall revenue cycle, revenue integrity/quality, and ensuring all billing compliance and government regulations are followed.
· Accountable for appropriate and accurate daily charge capture by department, daily department revenue reconciliations, fixing rejected charges, and minimizing late charges.
· Accountable for oversight of denial management including edit worklists, root cause analysis, recommendations for process/system enhancements, and overall coaching and leading staff.
· To advise and collaborate with centralized financial reporting to explain variances and determine mitigating actions.
· The role oversees and is responsible for leading internal hospital departments and ensuring staffing levels are optimized across revenue cycle and may include Patient Access (Registration, Patient Financial Services, Referrals and Authorizations), Care Management (CM), Health Information Services (HIM) and Coding, Clinical Documentation Excellence (CDE), Revenue Integrity (RI) and Charging, Payer Auditing, Local Finance, and other areas as assigned.
REQUIRED KNOWLEDGE and SKILLS:
EDUCATION and EXPERIENCE:
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