Primary City/State: Arizona, Arizona
Department Name:
Reimbursement Services-CorpWork Shift:
DayJob Category:
FinanceA rewarding career that fits your life. Those who have joined the Banner mission come from all walks of life, united by the common goal: Make health care easier, so life can be better. If changing health care for the better sounds like something you want to be part of, apply today.
Revenue Integrity has become a leading national focus to gain greater visibility for sound financial outcomes/practices, compliance and optimal reimbursement with focus across all continuums of patient care. Revenue Integrity in an integral part of the Revenue Cycle and covers all essentials related to it. We have teams comprised of Charge Capture, Pre-bill, Post-bill and
Monitoring (Auditing). RI also utilizes technology to enhance achievement along with an added focus where necessary that may include high dollar accounts, denials, improved A/R days and cash flow while collaborating with many areas such as Billing, Coding, CDM Services Expected reimbursement.
As the Net Revenue Financial Consultant you will be responsible for preparing, analyzing, and understanding the monthly accounts receivable allowances and net revenue results for the Banner Health System (this typically includes hospitals, physician practices, urgent care, and other ancillary service lines) through use of the Revenue Cycle Analytics tool.
Monday - Friday 8:30 - 5:00 AZ Time
This can be a remote position if you live in the following state(s) only : AL, AK, AR, AZ, CA, CO, FL, GA, IA, ID, IN, KS, KY, LA, MD, MI, MN, MO, MS, NC, ND, NE, NH, NY, NM, NV, OH, OK, OR PA, SC, TN, TX, UT, VA, WA, WI, WV, WY
Within Banner Health Corporate, you will have the opportunity to apply your unique experience and expertise in support of a nationally-recognized healthcare leader. We offer stimulating and rewarding careers in a wide array of disciplines. Whether your background is in Human Resources, Finance, Information Technology, Legal, Managed Care Programs or Public Relations, you'll find many options for contributing to our award-winning patient care.POSITION SUMMARY
This position will be responsible for preparing, analyzing, and understanding the monthly accounts receivable allowances and net revenue results for the Banner Health System (this typically includes hospitals, physician practices, urgent care, and other ancillary service lines) through use of the Revenue Cycle Analytics tool. Assists leadership in understanding and reporting monthly net revenue result to the regional finance teams. Works closely with financial leadership, develops professional working relationships, and responds timely to inquiries. Analyzes reports and variances to determine deviations from trends and/or forecast. Works closely with the corporate accounting leaders to ensure net revenue numbers are complete, accurate, and in accordance to generally accepted accounting principles.
CORE FUNCTIONS
1. Performs daily balancing/reconciliation between the billing system and Revenue Cycle Analytics tool. Researches and resolves any issues that may occur in a timely manner. Coordinates with revenue cycle partners to ensure transaction/insurance codes are appropriately classified and mapped in the Revenue Cycle Analytics tool.
2. Responsible for determining the contractual, bad debt and charity reserve estimates during month-end close through utilization of the Revenue Cycle Analytics tool. Prepares associated allowance journal entries in a timely and accurate manner. Ensures entries are properly recorded in the general ledger and reconcile to various Revenue Cycle Analytics reports.
3. Creates, distributes, and analyzes various net revenue reports that aid the divisional and facility finance leaders/personnel in understanding and interpreting their monthly net revenue results. Provides ongoing support as needed, always providing a positive customer service experience.
4. Acquires an in-depth understanding of the Revenue Cycle Analytics tool and the methodology used to estimate contractual, admin, bad debt, and charity adjustments for hospitals, physicians, and other ambulatory services. This level of knowledge is critical to support the addition of facilities/entities and potential system conversions.
5. Continually collaborates with internal business partners in accounting, finance, revenue cycle, and contract management, as well as external vendor personnel to ensure the accuracy and integrity of AR valuation and net revenue results on an ongoing basis.
6. Participates in the development and documentation of department policies, procedures, and processes. Develops and delivers multimode communications that convey a clear understanding of the unique needs of different audiences.
7. Identifies and resolves operational issues under the guidance of leadership. Independently must be able to work with internal and external professional contacts, providing a positive customer service experience at all times. Timeliness, accuracy, and the ability to prioritize multiple processes and meet critical deadlines are essential. Holds self and others accountable to meet commitments.
MINIMUM QUALIFICATIONS
Knowledge, skills, and abilities as normally obtained through the completion of a bachelor's degree in accounting, finance, or a related field.
Requires a proficiency level typically attained with five plus years of experience in healthcare financial analysis work. Must have excellent analytical and organizational skills and the ability to manage multiple priorities with changing needs and deadlines.
Requires excellent human relations skills and the ability to effectively interact and communicate both verbally and in writing with all levels staff and outside professionals. Advanced computer and spreadsheet skills required, primarily consisting of Word and Excel. Detail-oriented and excellent analytical skills.
PREFERRED QUALIFICATIONS
AR valuation and net revenue accounting experience in a healthcare environment preferred. Experience with MS4 and NexGen patient accounting systems, Lawson general ledger accounting system, and Crowe Revenue Cycle Analytics tool preferred.
Additional related education and/or experience preferred.
EEO Statement:
EEO/Female/Minority/Disability/Veterans
Our organization supports a drug-free work environment.
Privacy Policy:
Privacy Policy
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