Position Summary: Serves as principal advisor regarding all financial matters which may affect financial success of hospital.
- Develops annual operating and capital budgets for hospital.
- Develops the annual long-range financial plan of hospital.
- Prepares appropriate financial reports necessary to show overall financial performance.
- Helps develop strategies to maintain the financial well being of the hospital.
- Invest excess short term and long term cash and/or investment portfolios to maximize the return on investment while maintaining the safety of the investments.
- Supervises and directs the following departments: Accounting, Data Processing, Collections, Business Office, and Insurance.
- Accountable for preparation and review of contracts with preferred providers.
- Accountable for all business office functions including billing systems and procedures for the accurate billing and collection of accounts.
- Ensure accuracy and efficiency of chargemaster and compliance of regulatory requirements relating to billing
- Work within GAAP in the accounting system and maintain appropriate and accurate financial records to present to administration. Also, work with audit group to maintain appropriate reporting
- Ensure all financial reporting responsibilities are well documented and maintained within compliance for the facility
- Responsible for any and all duties related to the expenditure and revenue cycle within the facility.