- Submission of 2nd and 3rd Party Billings
- Definition: Financial operations team member submits 2nd and 3rd party billings accurately
- Standard: 2nd and 3rd party billings submitted accurately by the 5th working day of the month
- Source: Monthly figures balanced and given to Associate Director of Operations who signs and dates receipt
- Compliance Rating: 95% of the time
- Solution Plan: 2nd and 3rd party billing operations team member will meet with supervisor to determine factors that interfered with compliance within 7 days and a plan will be developed to meet compliance within the next report period.
- FINANCE:
Goals:
- Accurate billing statements will be generated and issued to consumers no longer than 20 business days after month end 100% of the time
- Based on the number of consumers billed, substantiated customer complaints will not exceed 2%
- Third party fees will be billed 100% of the time
- 100% of complete and accurate invoices will be paid within 30 days of receipt
- Financial reports will be generated and distributed to management staff within 15 business days of month end 90% of the time
- Consumer satisfaction survey rating for financial matters/charges will not fall below a score of 90%.
Monitor Focus at Local Board Level:
The Chief Financial Officer reports to the Executive Director semi annually regarding goals and their method of data collection.
Outcome:
A plan of correction is warranted if any of the goal areas are not in compliance.
- Gather financial intake data
a. Definition: A financial intake package (annual, updates, as status changes, or as required by program) will be completed on all individuals requesting services with the center.
b. Standard: Financial intake paperwork will be entered by support staff into CMHC/CIS prior to or on the date of clinical intake.
c. Source: Monthly audit of financial assessments.
d. Compliance Rating: 100% of these entries made prior to clinical intake =compliant. Less than 100% = non-compliant.
e. Solution Plan: Development note and retraining for first non-compliant rating. A Written Warning and retraining will be offered following the second consecutive non-compliant period and Separation from employment upon the third consecutive non-compliant period.
- Reimbursement for services
a. Definition: Reimbursement for all billable services provided by the center staff will be executed monthly.
b. Standard: Reimbursement staff will accurately bill for services no later than the 10th day of the following month in which the services were provided.
c.Source: Review of financial reports.
d. Compliance Rating: 98% or greater of these entries made by the 10th day of the following month =compliant. Less than 98% = non-compliant.
e. Solution Plan: Development note and retraining for first non-compliant rating. A Written Warning and retraining will be offered following the second consecutive non-compliant period and Separation from employment upon the third consecutive non-compliant period.
- Billing statements
a. Definition: Client statements will be accurate and issued to each individual via mail each month.
b. Standard: Client statements will be reviewed for accuracy and mailed out no later than the 20th day of each month.
c. Source: Client statement spreadsheet
d. Compliance Rating: 98% or higher of the statements are accurate and mailed = compliant. Less than 98% accuracy and distribution = non-compliant
e. Solution Plan: Development note and retraining for first non-compliant rating. A Written Warning and retraining will be offered following the second consecutive non-compliant period and separation from employment upon the third consecutive non-compliant period.
- Posting of payments
a. Definition: All payments to the center will be accurately posted to the appropriate accounts and CMHC.
b. Standard: All payments will be accurately posted to the appropriate accounts no later than the 15th day of the month following receipt.
c. Source: Monthly financial reports
d. Compliance Rating: 98% of the postings events are accurate and on time = compliant. Less than 98% accuracy and timeliness = non-compliant
e. Solution Plan: Development note and retraining for first non-compliant rating. A Written Warning and retraining will be offered following the second consecutive non-compliant period and separation from employment upon the third consecutive non-compliant period.