Accounting Manager

We are hiring an Accounting Manager for one of our clients in Paramus NJ.

Job Description:

Medicare Part A and Part B

Skilled Nursing Facility

• Responsible to obtain reimbursement from Medicare and private insurance companies for skilled nursing care.
• This involves establishing cost for medical services provided and calculating the rate for each level of care based on the Medicare Fee Schedule.
• Process Part A claims in compliance with established Medicare guidelines as well as regulations set by the NJ Administrative Code for Veterans Homes.
• Review interpret and implement rules regulations policies and procedures regarding Medicare billing.
• Attend weekly meetings with MDS Coordinator and Rehab Program Manager to review residents level of care and current billing status (Utilization Review (UR) Meeting).
• Change the resident care level from private to Medicare.
• Update the residents reimbursement to reflect Medicare is identified as the primary payer. Verify the qualifying hospital stay is present.
• Implement appropriate medical coding; apply to the UB 04 form required by Medicare and private insurance companies for proper reimbursement.
• Verify the accuracy of ICD 10 Codes prior to claims submission (Triple Check Meeting).
• Receive PDPM (Patient Driven Payment Model Groups) scores from nursing department and calculate rates according to the Medicare Fee Schedule for each claim.
• Provide ancillary vendors with Medicare Part A Census Report.
• Calculate charges and create electronic file for submission to Medicare.
• Rectify error log report. Correct errors identified after calculating charges.
• Process Commercial Claims Submit claims to private insurance companies to obtain reimbursement for services provided to residents with Medicare replacement plans.
• Utilize Ability Network to edit track and adjust claims.
• Analyze Medicare remittance advice and reconcile with claims to ensure proper payment.
• Process secondary insurance claims Submit claims to secondary insurance companies.
• Process Commercial Claims Submit claims to private insurance companies to obtain reimbursement for services provided to residents with Medicare replacement plans.
• Process Medicare Part A claims. (Skilled Nursing Facility) Submit claims electronically to Medicare Intermediary (Novitas). Track edit adjust and correct claims. Files are created in WellSky LongTerm Care (NTT) and submitted to Novitas via electronic claims transmission. Receive PDPM (Patient Driven Payment Model Groups) scores from Nursing department (MDS Coordinator). Calculate rate according to Medicare Fee Schedule for each claim. Determine spell of illness to capture Medicare Days available for billing purposes.
• Process Medicare Part B claims. (Therapy Billing) submit claims electronically to Medicare Intermediary (Novitas). Track edit adjust and correct claims. Files are created in WellSky LongTerm Care (NTT) and submitted to Novitas via electronic claims submission. Import and export files received from Quality Care Rehabilitation Services for contracted therapy services.
• Verify appropriate medical coding; Apply to the UB 04 Form required by Medicare and private insurance companies to obtain reimbursement.
• Process Secondary Insurance Claims Submit claims to secondary insurance companies to obtain reimbursement for coinsurance.
• Process Commercial Claims Submit claims to private insurance to obtain reimbursement for services provided to residents with Medicare replacement plans.
• Prepare monthly Medicare Part A Census Report. (Keep track of census for Medicare Part A Billing). Determine benefit days available track remaining days in current benefit period. Project when the resident will exhaust his or her benefits. The accuracy of this report prevents overlapping and duplicate claim submission.
• Change resident care level from private to skilled. The resident care level coincides with Medicare Census. This ensure that the resident is being billed appropriately and the facility is obtaining proper reimbursement according to the residents level of care.
• Analyze Remittance Advice from Novitas and EOB (Explanation of Benefits) from secondary insurance companies and post payments.
• Communicate with Medicare Intermediary (Novitas) and secondary insurance companies to resolve problems when they arise.
• Communicate with ancillary vendors. Establish charges for ancillary vendors. Inform ancillary vendors of residents on Medicare Part A.
• Provide customer service to residents and responsible family members regarding billing inquiries.
• Other duties and responsibilities may include the following:
• Determine (SNF) days available.
• Project when the patient will exhaust his or her benefits.
• Determine when a resident is entitled to a new benefit period.
• Determine accurate charges for ancillary vendors by reconciling invoices and calculating rates according to Medicare Fee Schedule.
• Create and maintain reimbursement tables for residents. Set up plans by changing sequence of payment order. Enter residents insurance information so that information presented on the Face Sheet is correct. Reimbursement tables must be accurate to achieve proper reimbursement from the correct payer source.
• Determine accurate charges for ancillary vendors by reconciling invoices and calculating rates according to Medicare Fee Schedule.
• Prepare monthly Medicare Part A log (maintain a spreadsheet consisting of all charges payments and coinsurance).

Skills required:

• MS Office; Accounting Softwares

Experience required:

• Proficient with MS Office Word Excel; Reporting; Creating Memos

Desired skills:

• Professional organization skills. Sincere.

Work hours:

• 8AM 4:30 PM
• Lunch period: 30min Break

Additional information:

• Dress Code: Casual Formal
• Work from Office or Remote: Office
• Parking: yes

About Us:

We are specialized in recruiting and deliver the best professional talent of industry and we are committed to deliver best experience for our clients and job seekers. With over two decades of experience in the recruitment industry we proudly help you to find the next job that matches your professional skills. Our team understands your needs or requirement before starting the recruitment that enables to find the high quality of talent with high success rate of talent delivery keeps us continue to be the best in the industry. By responding to this job posting you are consenting to receive text/SMS messages from us. Thank you.