Marcus Abbott Email & Phone Number

Atlanta, Ga, Us

• Identify current and potential problems in revenue and inventory to keep cash flow consistent• Hire and participate in the hiring of qualified individuals for all Billing Department positions• Coordination and management of the Billing Departments day-to-day operations• Support staff with collection strategies, billing procedures, standards, and revenue integrity• Coordination and management of the Billing Departments day-to-day operations• Oversee A/R, Patient Services and Coding functions to ensure performance and workflow metrics are met

Atlanta, Ga, Us

• Manage account receivable and insurance claims processing for over 100 branch locations• Help with developing policies and plans that will improve the cash flow and minimize A/R• Assist with monthly DSO calculation and help to identify reasons for fluctuations• Work with the Billing and Posting Department for proper claims filing and reconciliation• Identify current and potential problems in revenue and inventory • Supervise, oversee and evaluate the team's work performance

• Review bank accounts, check balances against ledger amounts; verify proper entries and balance• Prepare journal entries, and reorder copies of cleared checks • Research and resolve any discrepancies • Maintain proper records, file bank statements, notices, reports and other documentation• Prepare and electronically file 1040's and any other related schedules for the business

Us

• Created an efficient AR team overseeing all collection activity through month end close • Oversee the collection efforts of approximately $30 million in A/R• Calculated monthly cash collections forecast and quarterly cash collections goal for department • Identify payer trends and payment issues for resolution and payments• Hire and train new employees in the collection/finance department• Audit accounts for accuracy in collection process and SOP’s• #1 Collections/ Revenue manager for 2017

• Resolved and identified billing issues with insurance carriers and contracts• Reviewed claim denials and payer requirements for corrective action and prevention in the future • Researched inventory in a timely manner to insure all possible revenue is sought after• Kept accurate records of all activity and conversations for each activity• Researched and resolved denials and EOB rejections within standard billing cycle timeframe• Audited all workers compensation claims for proper submission and reimbursement

• Researched payments for more than 20,000 accounts in a short-deadline situation • Investigated misapplied payments to correct and ensure proper allocation• Provided information to branch managers relating to processes of applying insurance and customer payments, refunds and other miscellaneous accounts receivables questions• Processing refund requests and making general ledger adjustments

• Managed collection of past-due receivables for multiple healthcare centers in the U.S.• Verified insurance coverage, computed patient's benefits and specified patients balances• Reduced aging receivables from $2.5 million to $1 million• Consistently met or exceeded quarterly and annual collection objectives• Solved account issues through verbal and written communication via appeals and phone calls• Quickly gained proficiency in software applications: AS400, PeopleSoft, Meditech

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• Supervised A/R department’s daily operations and a staff that ranged from 18-40 employees• Complete annual performance reviews for employees and provide timely feedback• Assist with monthly DSO calculation and help to identify reasons for fluctuations• Encourages and assists staff in developing more efficient and effective processes• Monthly reconciliation process for 26 clients over $30M+ in revenue monthly• Prepared weekly cash collections, and project status updates for sr. management

• Achieved financial objectives by preparing & auditing annual / monthly / weekly budgets; scheduling expenditures; analyzing variances; initiating corrective actions• Marketed merchandise by studying advertising, sales promotion, and display plans; analyzing operating and financial statements for profitability ratios• Identified current and future customer requirements by establishing rapport with potential and actual customers• Provided Finance Department with monthly revenue calculation which included net revenue, billable units, any necessary accruals or deferrals, contractual allowances, bad debt adjustments and calculated actual to budget variance and analyzed differences to provide variance explanations

• Responsible for all aspects of business operations such as but not limited too; Hiring Firing, Scheduling, Training, production scheduling, Inventory maintenance, Ordering, Shipping , & Receiving • Created and updated logistics for five separate routes, maintained billing records for all route sales • Accounts Payable ensuring the accurate and timely processing of invoices. Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues• Processed weekly, biweekly, & monthly payroll thru ADI time system

• Accomplished restaurant objectives by recruiting, selecting, orienting, training, scheduling, coaching, counseling, and disciplining employees; constantly communicating job expectations and company policy• Met financial objectives by forecasting requirements; prepared an annual budget, strategic plans and reviews; prepared and completed action plans; implemented production, productivity, quality, and customer-service standards • Controlled costs by reviewing portion control and quantities of preparation, minimizing waste, and ensuring high quality of preparationMaximized bar profitability by ensuring portion control; monitoring accuracy of charges and cash handling