Elisha Schwab serves as the Cash Management Director at Centers Health Care, where he plays a pivotal role in overseeing the financial integrity and operational efficiency of bank operations across 70 skilled nursing facilities, which collectively care for approximately 10,000 residents. With a keen focus...
Elisha Schwab serves as the Cash Management Director at Centers Health Care, where he plays a pivotal role in overseeing the financial integrity and operational efficiency of bank operations across 70 skilled nursing facilities, which collectively care for approximately 10,000 residents. With a keen focus on internal controls and fraud prevention, Elisha is responsible for managing complex banking relationships as the primary liaison for ten controllers, ensuring that all financial transactions—including payroll, accounts payable, and resident funds—are executed with precision and security. His expertise in fraud prevention is underscored by the implementation and maintenance of robust monitoring systems for checks, wires, and ACH transactions, which are critical in safeguarding the organization against potential financial threats.
In addition to his cash management responsibilities, Elisha is tasked with the vital function of managing licensing and insurance renewals for all facilities and related entities. His thorough understanding of Medicare and Medicaid regulations ensures that Centers Health Care remains compliant, thereby facilitating uninterrupted service delivery to residents. Elisha’s leadership skills are further demonstrated through his commitment to mentoring others; he actively tutors CPA candidates and provides online tutoring in accounting, sharing his extensive knowledge and experience in the field. His ability to present complex financial concepts in an accessible manner not only enhances the capabilities of his team but also contributes to the overall financial literacy within the organization. With a blend of strategic oversight and hands-on management, Elisha Schwab exemplifies a dedicated leader in the healthcare finance sector, driving both operational excellence and compliance in a challenging regulatory environment.
