Appalachian Regional Healthcare, Inc

Director of Finance and Reimbursement Compliance

Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or related field (Finance, Business, etc.)
  • Five years of experience in a healthcare setting focusing on reimbursement or financial auditing
  • Certification as a CIA, CHIAP, CFE, or related certification required within 12 months of hire
  • Strong understanding of internal auditing and reimbursement laws
  • Proficiency in data analysis and reporting tools

Responsibilities

  • Develop comprehensive financial audit plans in collaboration with team members
  • Execute financial audits and investigations independently
  • Generate reports and analyze data from various databases
  • Document audit follow-up activities to monitor implementation of corrective action plans
  • Prepare detailed reports supporting audit findings and conclusions
  • Review compliance programs and activities to ensure alignment with regulations
  • Coordinate with the Chief Compliance & Privacy Officer on annual workplan development

Benefits

  • Hybrid work model (Remote/On-Site)
  • Work in a collaborative environment across multiple departments
  • Opportunity for professional development through ongoing education
  • Engage in high-impact audits affecting compliance and reimbursement
  • Occasional travel may enhance network and industry exposure
Full Job Description
Overview

The Director of Finance and Reimbursement Compliance functions as a subject matter expert and the lead financial auditor for the Compliance Department. The Director of Finance and Reimbursement Compliance provides leadership and guidance, makes work plan recommendations, assists in the identification of compliance risk areas, the development of policies and departmental standard operating procedures, and provides collaboration in the development of corrective action plans for facilities. The Director of Finance and Reimbursement Compliance will assist with the development of system-wide compliance and internal audit functions for ARH hospitals, physicians and non-physician providers, ambulatory services, home services and other entities to ensure overall compliance. The Director is responsible for designing, planning, and executing coding and billing compliance audits following regulatory requirements and industry-accepted standards. The successful candidate will be expected to work in a collaborative manner across multiple ARH departments, including the Organization’s Finance and Legal Departments.

Special InstructionsHybrid (Remote/On-Site). Must reside in Kentucky or West Virginia. Occasional travel (up to 20%) may be required for this role. Responsibilities

• Responsible for the development of comprehensive financial audit plans in consultation with other Compliance Department members.• Executes financial audits and requested investigations independently.• Generates reports and analyzes data from numerous databases and software systems across ARH.• Performs/documents audit follow-up activities to ensure ongoing monitoring and that any requested corrective action plans are successfully implemented.• Prepares clear and concise reports that include sufficient detail and documentation to support procedures completed, related findings, and conclusions.• Maintains awareness of changes in auditing principles and practices and related areas in order to maintain professional competence.• Applies Internal Audit Standards established by the Institute of Internal Auditors. • Able to clearly and articulately discuss audit results with all levels of management and assist with education as needed and appropriate.• Maintains awareness of changes in statutes and regulations as well as compliance principles and practices in order to maintain professional competence.• Reviews all relevant programs and activities affected by industry regulations and recommends changes to address company procedures and practices that are non- compliant.• Reviews the Office of Inspector General’s work plan, creates education therefrom, and assists in the creation of compliance audits that address areas of concentration.• Research and respond to compliance inquiries.• Coordinate with the Chief Compliance & Privacy Officer in the development of the Compliance Department’s annual workplan.• Perform complex regulatory, audit, billing, coding documentation, medical necessity and other general compliance process and analyses that ensure the hospital receives appropriate reimbursements and adheres to applicable laws, rules, guidelines and regulations.• Participates in annual risk assessment and makes practical recommendations for process and/or policy improvements.• Provides education on reimbursement updates as appropriate. • Maintains professional certification. • Perform other duties as assigned.

 

Qualifications

Education

  • Bachelor’s degree in Accounting or a related field (Finance, Business, etc.)

Minimum Work Experience

  • Five (5) years of experience in a healthcare setting with specific experience in reimbursement or financial auditing

Licenses & Certifications

  • Must currently hold, or obtain within 12 months of hire, one or more of the following:
    • Certified Internal Auditor (CIA)
    • Certified in Healthcare Internal Audit (CHIAP)
    • Certified Fraud Examiner (CFE)
    • Related certification

Required Skills, Knowledge, and Abilities

  • Strong understanding of internal auditing and reimbursement laws
  • Ability to research and interpret complex compliance requirements, including state and federal laws and regulations
  • Strong analytical skills with the ability to assess billing, compliance, and related issues and provide recommendations
  • Ability to translate compliance regulations into practical audit tools and audit scope documents
  • Excellent communication and collaboration skills
  • Demonstrated leadership abilities
  • Proficiency in data analysis and reporting tools
  • Ability to maintain confidentiality and handle sensitive information professionally
  • Ability to manage multiple projects and deadlines simultaneously

About Appalachian Regional Healthcare, Inc

Appalachian Regional Healthcare System is a not-for-profit health system serving 350,000 residents across a 19-county area in North Carolina and Virginia. The system includes 13 hospitals, numerous clinics, and other healthcare facilities. The organization was founded in 1938 and is headquartered in Boone, North Carolina.
Learn more about Appalachian Regional Healthcare, Inc
Size
11,000 employees
Industry
Net Income
$50 million
5 Year Trend
+5%
Revenue
$1 billion

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