This is a hybrid position.
This position has responsibility for Alice Hyde Medical Center and Champlain Valley Physicians Hospital.
In general, the Director of Budget & Reimbursement is responsible for two key components of financial management. The first is to manage the development of the annual operating budget for CVPH Medical Center (CVPH) & Alice Hyde Medical Center (AHMC). The second is to oversee both CVPH and AHMC revenue reporting and third party and government payor reimbursement functions which includes – but not limited to:
1. Planning, organizing, and managing all aspects of the budget process for CVPH and AHMC working collaboratively with CFO.
2, Manage required third party reporting requirements in a timely & accurate manner. Includes Medicare & Medicaid cost reports, subprovider cost reports (SNF and MHU), DSH audits. This responsiblility includes:
3. Lead and direct Accounts Receivable and Net Revenue process and strategy. Develops the A/R valuation schedules, tools and analytics used in the monthly net revenue and reserve accounting process. Works with the Revenue Cycle team to leverage system generated data to refine the Contractual Reserve Model. Analyzes transaction data to understand contractual, denial, charity, and bad debt adjustments.
4. Manage the “Budget Office” which includes supervision of staff, monthly budget to actual reviews, report requests, assist with prioritization, and coordinate with staff to optimize use of existing resources.
5. Support the organizations in responding to various non-cost reporting information requests.
As applicable, the individual has training / competency in attending to the special needs and/or behaviors appropriate to the age of the patients for which care is being provided.