Chief Operating Officer (Facility) Loc:Nashville Area, TN

Chief Operating Officer (Facility) Loc:Nashville Area, TN

  • Posted on : 09-08-2023
  • Job Type : Full Time only
  • Salary : 100,000 - 200,000

Job Description:

Primary Duties and Responsibilities:

  • Directs the operations of the Facility Business Office to ensure that the facility achieves its goals for cash collections, AR days, uncompensated care and denials
  • Routinely reviews revenue cycle metrics to proactively identify and address issues affecting overall performance
  • Is actively involved in ensuring revenue cycle processes are in place including proper determination of patient responsibility, approval of any discounts or charity care, coordination of benefits, employment verification, proper logging of upfront collections and utilization of financial products designed to support additional client financial obligations
  • Participates with managed care contracting and other business development activities to ensure net revenue goals are met
  • Provides guidance and assists the CEO in ensuring facility is staffed appropriately and that productivity goals are met
  • Partner with CEO to prepare annual budget and development of strategic operating business plan
  • Provides ongoing analysis of variances from budget and assists the CEO in implementing changes needed to achieve budget goals
  • Analyzes, recommends and supports practices seeking to improve performance on quality measures to engage in work redesign, changes in organization systems, policies and procedures, and quality improvement process within the organization
  • Ensures compliance to accreditation standards and requirements, federal, state, and local certifying and licensure bodies
  • Undertakes special projects as directed by the CEO

Qualifications:

  • Bachelors degree in a business-related field
  • MBA or CPA highly preferred
  • Previous behavioral healthcare experience highly preferred
  • Previous experience with a healthcare system highly preferred
  • Minimum 3-5 years successful COO/CFO/Controller experience in a healthcare setting required
  • Proven financial analysis skills and ability to develop and interpret financial statements
  • Excellent leadership skills with demonstrated ability to effectively lead in a changing environment
  • Ability to think strategically and solve problems


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