JP
JOHN PHELPS
*.***********@*******.*** 860-***-**** Andover, 06232 CT
Experienced Manager of Budgets and Reimbursement with a proven track record of effectively overseeing financial operations, optimizing budget allocations, and ensuring accurate reimbursement processes. Proficient in financial analysis, forecasting, and strategic planning to drive organizational growth and fiscal responsibility. Strong leadership skills in guiding teams to achieve financial objectives while maintaining compliance with regulatory standards. Analysis
Software
Budgeting
Compliance
Reimbursement
Attention
Leadership
Adaptability
Communication
Problem-solving
National Health Care Associates
Manager of Budgets and Reimbursement
10/2008 - 07/2023
Including instructing and reviewing the Senior Accounting staff's work papers for accounting accuracy pertaining to the detail cost centers for each state and federal report filed
Establish facility budgets on an annual basis including staffing, reimbursement rates, census and other expenses
Analyze possible acquisitions including state required reports for change of ownership
Created quarterly/annual/T12 ad-hoc financial comparisons by region, state and facility for quarterly financial reviews with all facilities and key personnel Responsibilities included: Filing required financial information for all nursing homes in regards to Federal HRSA Provider Relief Funds and individual state CRF filing requirements as well as other available state grants and aid available during the pandemic.
CPL Subacute / Revera Health Systems
Director of Reimbursement
09/2001 - 10/2008
Coordinate the filing of Medicare and Medicaid annual cost reports for 30 long term care facilities in multiple states
Analyze facility financial statements in regard to state and federal reimbursement rates
Work closely with Operations Team to establish future budget strategies and overall functionality of the facilities.
Developed and implemented reimbursement strategies to maximize revenue. CPL Subacute / Revera Health Systems
Senior Accountant
01/2006 - 12/2006
Convert financial reporting for new acquisitions
Maintain all responsibilities of Accountant position as well. Maintained detailed records of account transactions, including invoices, payments, and journal entries.
Monitored accounts payable activity to ensure accuracy and timeliness of payment processing.
Summary
Skills
Experience
CPL Subacute / Revera Health Systems
Accountant
09/2001 - 12/2005
Financial responsibilities for multiple long term care facilities in multiple states Maintain fixed asset database for tax, internal and Medicare/Medicaid purposes In charge of daily cash flow; tracking facility deposits, withdrawals & transfers, and wire transfers (monthly A/P & P/R)
Prepare state Medicaid Cost Reports, Desk Review and follow up with facilities. ICARE MANAGEMENT/SOLOMON
HEALTH SERVICES Hartford, CT
Financial Analyst/Accountant
10/1999 - 09/2001
Prepared monthly financial statements for five long term care facilities Reconciled monthly Genecare revenue journals, cash receipts and A/R aging reports to prepare monthly journal entries to be posted to AHT LTC software used by management company
Analyzed monthly A/P invoices to determine proper G/L coding for cost report purposes
Prepared monthly Medicaid Settlement reports to analyze actual daily costs with current Medicaid reimbursement rates
Assisted with preparation of annual Medicare and Medicaid cost reports. GENESIS ELDERCARE Hartford,
CT/Agawam
Regional Accountant
05/1998 - 10/1999
Prepared monthly, quarterly and yearly financial statements using Genacare software
Reconciled large operating and P/R bank accounts
Supervised temporary help
Worked directly with state appointed receiver of five LTC facilities assisting in cash projections, A/R analysis, revenue analysis, capital expenditures and finalizing accounting data in preparation for the sale of the above-mentioned facilities.
MACARONI GRILL West Hartford, CT
Waiter/Bartender
07/1997 - 04/1998
Greeted guests and answered questions about menu items. Took orders from patrons accurately and efficiently. Brought food and beverages to tables in a timely manner. PEPPERMILL HOTEL & CASINO Reno, NV
Gaming/Dealer A/R Representative & G/L
Accountant
12/1994 - 04/1997
Analyzed hotel's A/R systems, implemented new P&P to reduce A/R aging Assisted with preparation of monthly financial statements. Set up gaming tables for assigned games, such as blackjack or roulette. Assisted customers with understanding gaming rules and regulations. FRANKLIN PIERCE COLLEGE Rindge, NH
BS, Accounting
01/1993
Dean's List
Overall G.P.A 3.0
Head Accounting Tutor
Education and Training