Financial Administrator, Long Term Care Contracts

2 weeks ago


White Rock, Canada Fraser Health Full time

Detailed Overview: The Financial Administrator provides financial support in the administration and control of long term care/assisted living facility contracts including the processing of resident rates, staffing, occupancy and direct care hours to ensure compliance with Ministry of Health (MOH) and contract guidelines. Participates in the annual income assessment and rate setting (IARS) process and addresses rate concerns. Liaises with a variety of internal and external stakeholders, identifies and investigates discrepancies, and researches, gathers and compiles financial information for reports. Receives, processes and responds to requests for the release of client/resident information and performs record management duties. Responsibilities:

- Conducts reviews and analyses of financials relating to the processing of resident rates, staffing, occupancy and direct care hours for high risk service and contracted service providers to ensure compliance with the care delivery model and contracts. Liaises with health service providers to collect and verify accurate rate data. Prepares reports and advises the Manager.
- Collects and reviews contracted and operated service provider resident rate information and staff rotations to ensure compliance with MOH and contract guidelines. Identifies inconsistencies and liaises with health service providers and/or residents/families to discuss and resolve same. Prepares reports and advises the Manager of discrepancies.
- Investigates problems related to resident rate setting processes, contacts others to provide and/or obtain information, identifies and resolves discrepancies and refers issues to the Manager.
- Participates in the annual income assessment and rate setting (IARS) process including answering calls and addressing rate concerns raised by clients/residents and families/representatives.
- Prepares and modifies financial rate and contract documentation in accordance with established policies and procedures by utilizing word processing and spreadsheet software ensuring accuracy and completeness of documentation.
- Gathers and compiles contract and/or financial data as directed and researches, organizes and summarizes information. Prepares a variety of reports including statistics and trend or variance analysis.
- Develops and maintains data tracking mechanisms in databases and record keeping systems to assist with the financial/performance management of health service providers, utilizing database and spreadsheet software such as Access and Excel.
- Receives, processes and responds to requests from a variety of sources for the release of client/resident information ensuring compliance with established protocols. Retrieves health records, scans health records for third party information and severing, prepares copies and covering letters, logs and tracks released information, and answers general enquiries related to client/resident''s review/release of personal information.
- Liaises with a variety of internal and external stakeholders, including Public Guardian & Trustee, clients/residents, families/representatives, staff, public and outside agencies in order to verify/exchange information and resolve issues.
- Assists clients/residents and/or families/representatives to complete their financial assessment and advises on their eligibility for government income benefits. Requests necessary documentation to complete temporary rate reduction requests, and processes and notifies relevant stakeholders of rate change requests.
- Performs record management duties such as setting up and maintaining manual and electronic filing systems; documents communications and case notes in the electronic resident record in accordance with documentation standards.
- Provides input and feedback regarding procedures and systems; assesses data, evaluates and provides recommendations for improvements.
- Performs other related duties as assigned.

Qualifications:
**Education and Experience**

Diploma in Financial Management supplemented by training in release of information and three (3) years' recent, related experience or an equivalent combination of education, training and experience.

**Skills and Abilities**
- Knowledge of principles and practices related to financial and budget management including ability to perform mathematical and financial calculations.
- Ability to communicate effectively, both verbally and in writing.
- Effective interpersonal skills and ability to resolve issues and conflict diplomatically.
- Ability to collaborate effectively with clients/residents, families/representatives and relevant stakeholders.
- Ability to plan, organize and prioritize work.
- Ability to problem-solve, make decisions and exercise sound judgment.
- Ability to take initiative.
- Comprehensive knowledge of relevant acts, regulations, programs, policies and procedures.
- Ability to understand policy and controls around the release of client/resident information.
- Business writing skills.



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