This position reports to the SCLHS Senior Manager of Net Revenue and is responsible for preparing the AR reserve calculations and related month end revenue analytics.
·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 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 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 financial management
We reveal and foster God's healing love by improving the health of the people and communities we serve, especially those who are poor and vulnerable.
Inspired by our faith,
•We will be distinguished as the premier person-centered health system and trusted partner.
•We will share accountability with clinicians and other stakeholders to coordinate care across all settin...gs and improve access, quality, health outcomes, and affordability.
•We will grow as community-based health networks to serve more people in partnerships with others who share our vision and values.
Caring Spirit - We honor the sacred dignity of each person.
Excellence - We set and surpass high standards.
Good Humor - We create joyful and welcoming environments.
Integrity - We do the right thing with openness and pride.
Safety - We deliver care that seeks to eliminate all harm for patients and associates.
Stewardship - We are accountable for the resources entrusted to us.