- Dana Point CA
Worked with Chapman House CEO, corporate staff, Chapman House board and employees to develop financial goals and objectives for the hospital.
Provided proactive, sound guidance regarding management of assets and investments, and financial trends within the facilities.
Worked with department managers and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals.
Was actively involved in Chapman House system management approaches, corporate performance and the growth of a team-oriented culture.
Establishes a five -year strategic financial plan for the individual facilities as part of the company’s strategic planning process.
Employed a system of responsible accounting, including budget and internal controls.
Ensured monthly financial statements and bi-weekly productivity reports were completed and distributed on a timely basis.
Ensured all balance sheet accounts were reconciled on a monthly basis and a system of internal controls were in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.
Maintained effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the company’s cash flow.
Maintained thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues.
Specific areas of responsibility include: patient financial services; maximizing cash flow consistent with sound credit and collection policies while maintaining good rapport with the community; financial reporting with detailed analysis of financial statements and variances from budget; audits of financial statements and internal controls; examination of insurance policies to ascertain that the company’s assets were properly insured against loss and that the facility’s liability coverage meets Company’s management contract requirements
Monitored capital asset expenditures and depreciation; prepares annual operating budgets with input and involvement at the departmental level, as well as capital budgets and cash flow projections; arranges lines of credit and maintains proper banking relations; and adheres to facility and Chapman House corporate compliance standards and procedures.
Supervised the areas of Accounting, Admitting/Registration, Patient Financial Services, Credit and Collection, Purchasing, Health Information Management, Payroll and Cashier.