This position reports to the SCLHS Corporate Level Senior Manager of Net Revenue and is responsible for preparing the AR reserve calculations and related month end revenue analytics for our healthcare system.
Prepares the A/R reserve calculations, including Contractual Allowances, Bad Debt and Charity
Produces the monthly close schedules related to net revenue and net AR
Assists in preparing for the annual financial audit as it relates to net A/R and net revenue
Produces analysis of healthcare payor performance
Provides various analyses specific to net revenue performance
Assists in creating the annual net revenue budgets
SCOPE OF RESPONSIBILITY
Assists in preparing the calculation and analysis of Net Revenue and AR valuation within a health system that has net revenues of approximately $2.5 billion. The system consists of eight acute care hospitals, numerous provider clinics and related entities.
Internally, interacts with the department managers, directors and CFOs/VPs Finance and revenue cycle/Finance employees at the system office and Care Sites.
Externally, works with financial systems vendors and financial auditors.
Bachelor’s degree in finance or accounting required; Advanced business administration degree (MBA) or certified public accountant (CPA) preferred.
Three to five years of related experience, including – healthcare reimbursement / net revenue experience
Experienced with healthcare system financial analysis and modeling
Experience with Crowe Horwath Revenue Cycle Analytics (RCA) tool preferred but not required
Advanced analytical skills in areas of financial analysis
Understanding of reimbursement mechanisms and contractual arrangements
General knowledge of the fundamentals of hospital organization and administration, and laws applicable to healthcare system financial management