Financial Revenue Analyst II

Ensemble Health Partners

1d•$66,300 - $99,450•Remote

About The Position

Ensemble is a leading provider of technology-enabled revenue cycle management solutions for health systems, including hospitals and affiliated physician groups. They offer end-to-end revenue cycle solutions as well as a comprehensive suite of point solutions to clients across the country. Ensemble keeps communities healthy by keeping hospitals healthy. We recognize that healthcare requires a human touch, and we believe that every touch should be meaningful. This is why our people are the most important part of who we are. By empowering them to challenge the status quo, we know they will be the difference! O.N.E Purpose: Customer Obsession: Consistently provide exceptional experiences for our clients, patients, and colleagues by understanding their needs and exceeding their expectations. Embracing New Ideas: Continuously innovate by embracing emerging technology and fostering a culture of creativity and experimentation. Striving for Excellence: Execute at a high level by demonstrating our “Best in KLAS” Ensemble Difference Principles and consistently delivering outstanding results. The Opportunity: This position starts at $66,300 - $99,450 based on experience By embodying our core purpose of customer obsession, new ideas, and driving innovation, and delivering excellence, you will help ensure that every touchpoint is meaningful and contributes to our mission of redefining the possible in healthcare. The Revenue Analyst will be responsible for the delivery of information, forecasts, analytics, and insights related to Client-reported Net Patient Revenue (NPR), NPR Lift initiatives, and corresponding cash collections and Ensemble full outsource collections revenue. A key responsibility in this role is client delivery support, such as: Client NPR performance monitoring, forecasting, and NPR Lift measure reporting and validation. Position will support multiple Finance Leaders responsible for related activities.

Requirements

1 to 3 years previous job experience
Excellent interpersonal skills required to communicate with internal/external customers.
Must possess excellent time management and organizational skills.
Demonstrated critical thinking, creativity, problem solving and decision-making skills.
Must be analytical, perform computations accurately and quickly, identify and compute ratios and percentages.
Strong data skills, including relational database management, proficiency with MS Excel.
Financial or Accounting experience in healthcare.
Knowledge of Revenue Cycle structure, MS PowerPoint, MS Access, Business Objects, and SQL programming.
HFMA Certified Revenue Cycle Representative (CRCR) within 9 months of hire

Nice To Haves

10 or more years of Leadership experience
Bachelors Degree, Finance / Accounting preferred or Equivalent Experience

Responsibilities

Responsible for revenue forecasting and analytics including the following but not limited to: Client-reported Net Patient Revenue (NPR), NPR Lift (financial impact of revenue cycle management operational improvements), Cash Collection Forecasts (derived from Client-reported Net Patient Revenue), Ensembled Full Outsource Collections Revenue forecasts (derived from forecasted cash)
Client-reported Net Patient Revenue Forecasting and Analytics: Analyze trends in patient volumes, patient statusing, service line utilization, acuity, and payor mix. Perform “rate vs. volume” analysis to gain insights into changes in reported revenues. Present observations in a succinct, professional manner to internal and external stakeholders. Evaluate NPSR and Net AR results monthly and trending over time, identifying variances. Understand reserve methodology for clients and challenges they may present. Provide assistance/coverage for monthly client close calls.
NPR Lift Analytics: Support fulfillment of analytics/data requests required for decision making needs and performance risk mitigation. Assists in maintaining NPR lift reporting tools to support business decision-making, forecasting, and performance improvement. Assist in designing, developing, and implementing enhanced methods for capturing NPR Lift. Contribute to ensuring all changes to reporting, processes, and procedures are reflected, appropriately documented, and consistency maintained.
Cash Collections Forecasting and Analytics: Analyze and understand operational metrics affecting monthly cash collections. Collaborate with operational teams to understand client projected cash trends trajectory. Forecast cash collections and communicate to all stakeholders.
Ensemble Full Outsource Collections Revenue Forecasting and Analytics: Collaborate with accounting to understand any one-time or ongoing client adjustments. Analyze monthly revenue results and proactively communicate variances to expectations.
Ensure that all assigned activities are completed on-time, within scope, and all observations along with any barriers are communicated to the appropriate parties.
Comfortable working at a high level of performance under tight deadlines.
Performs high quality work, responsible for verification of the accuracy of the information reported.
Evaluation of current processes and tools and propose changes to drive efficiencies within the organization.
Maintains HIPAA and patient confidentiality training and handles confidential matters in accord.
Anticipates leadership needs by gathering records, reports, data, and correspondence for accurate reporting and Provides ad hoc reporting for when requested.
Establish and maintain interdepartmental relationships will all stakeholders.