Revenue Cyle

Advocate Health and Hospitals Corporation•Charlotte, NC

3d•Remote

About The Position

The internship provides practical work experiences to college students assigned to various site and system Financial, Accounting or Rev Cycle Operations departments throughout Advocate Health. The intern will be exposed to areas of Financial Operations such as: System Budgeting, General Accounting, Financial Planning, Internal Audit, Physician Compensation, Reimbursement, Treasury, Revenue Cycle Billing, Revenue Cycle Operations and/or Revenue Cycle Patient Services. These functions support the alignment of business objectives with team members and management in designated business units. The department will further develop specific job standards and guidelines for the internship role.

Requirements

Currently pursuing a degree in Finance, Accounting, Business Analytics, Management or a related field with junior or senior standing.
No experience required.
Current enrollment with junior or senior status at a regional accredited college or university.
Interns are expected to be in the process of obtaining an undergraduate degree
Grade point average of at least 2.5.
Good communication skills, both written and verbal.
Strong attention to detail.
Demonstrated ability in successfully completing tasks.
Strong teamwork skills.
Effective multitasking and prioritization skills.
Strong computer skills, including proficiency with Excel.
Must demonstrate integrity, maturity, dependability, a positive attitude and enthusiasm.

Responsibilities

Intern uses Excel spreadsheets to develop automated processes in order to minimize manual efforts.
Intern will assist in reviewing, analyzing, and investigating discrepancies in charges.
Will help make requested and necessary changes for professional and hospital charges.
Intern will help prepare financial and statistical analysis for Advocate Health and affiliates.
Assist in the extraction and manipulation of data to perform trend calculations and measure process or organizational performance.
Will extract patterns from data to transform data into information.
Intern will participate in the development of detailed cost accounting and productivity standards and utilize them in financial proformas and budgeting.
Intern will help perform subsequent variance analysis on these standards.
Intern will participate in the development and maintenance of procedural prices using appropriate costing methodologies and market analysis and reimbursement information.
Intern will prepare, communicate and monitor operating and capital budgets.
Intern will act as support for areas like budgeting, finance, cost accounting and reporting.
Intern will apply the rules and regulations, and payment mechanisms of government programs and managed care companies to financial activities.
Intern will assist in performing charge reconciliation by reviewing and verifying patient charges captured in the billing or charge review system.
Intern will assist with revenue cycle projects or revenue cycle operational area such as cash posting, insurance follow up, physician coding missing documentation work queues, etc.
Intern will track and update reports as necessary.
Intern will handle administrative duties, assist support staff with meetings, etc.
Intern may participate in the development of programs, processes or applications.
Intern will assist in the investigation and research of questions related to internal financial reporting matters raised by finance or operations to ensure financial activity is recorded in a manner consistent with Advocate Health's policies and procedures.