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Finance Coordinator/Practice Manager

Posted 2 years ago in Accounting/Finance


Provides Leadership in developing and implementing the practice’s mission in response to its changing needs.

Recommends, develops, and updates strategic long and short range plans to support multiple practice’s philosophy and goals.

Review the costs of multiple practices’ operations and protect practice assets. Maintain costs commensurate with goals.

Informs the executive committee of current trends and problems to facilitate policy making.

Oversees the business and financial affairs of the practice. These functions include accounting, bookkeeping, budgeting, cash flows, cash management, payroll, pension funding, internal controls and timely reporting. Preparation and presentation of financials. Monitor income versus cost relationships. Monitor billing and A/R issues. Fee schedule development and physician compensation modeling. Responsible to review practice expenses and is authorized to sign checks for the practice.

Represents multiple practices in its relationships with health organizations, government agencies, third-party payers and the public. Provides assistance in establishing policies, procedures and regulatory compliance.

Maintains professional affiliations and enhances professional development to keep current with health care trends and developments.

Coordinates the long-range financial development and management of multiple practices. Negotiates with managed care plans and ensures the practice’s long term financial stability.

Assists in formulating, interpreting and carrying out practice policies.

Maintain/administer professional benefits. Monitor internal corporate compliance. Establish policies and procedures. Report on practice activities to the board.

Provides support for the Board of Directors, Executive Committee, Managing physicians, and other practice-wide committees. Chair board and/or general staff meetings when needed. Liaison with advisors (attorney, pension, etc.). Review contracts and commitments.

Initiate and conduct strategic planning. Provides support for the Executive Committee in the areas of strategic planning, financial analysis, and payer contracting.

Assists in physician recruiting and recruitment of health professionals.

Participates in annual wage and salary surveys.

About Confidential:

Established in 1997, we focus on addressing the practice management, information, and billing needs of clients.

We understand the unique issues confronting our clients on a daily basis. Our knowledge of nuances and critical success factors helps our clients deliver superior quality and meet profitability goals.

We recognize the specialized knowledge required to provide meaningful practice support and achieve optimum billing results. We are positioned to provide expertise, service, and results. Our team of experts is a dedicated group of specialists skilled in the management of professional corporations providing services.

With our breadth of experience, we understand that practices depend on many factors. We know for any practice to thrive, it must perform financially as well as clinically. We help collect so our clients can enjoy all of the financial benefits of a successful practice. Serving more than 500 providers throughout the Mid-Atlantic region, we deliver reliable, timely management & billing services and predictable cash collections.

Service Features:

Practice Benchmarking and Development
Informative, Collaborative Monthly Meetings
Dedicated, Highly-skilled Experienced Staff
Standard and Custom Reporting
Industry Leader in Billing Performance Improvement
Specialty Coding Expertise
Proprietary, Specialty-oriented Technology
HIPAA Compliant Operations

Our approach to customer service is professional as well as personalized. Our client service executives and staff provide a high level of service. We take the time to thoroughly understand our client's needs. After a full assessment, we deliver our tailored set of solutions and expert resources to manage growth, practice efficiency, and the bottom line. We view our relationship with our clients as a partnership between two entities with the same goal, the goal of improving the health of your business.

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