Manager Reimbursement & Revenue Accounting

Advocate Aurora Health • Allenton, WI

309d • $50 - $75 • Onsite

About The Position

The primary purpose of this role is to lead the market-level accounts receivable reserve process. This includes performing detailed reviews of balance sheet contractual allowances and bad debt reserve calculations for hospital billing, professional billing, and continuing care. The role involves evaluating and monitoring the mix of accounts receivable, assisting with budget to actual variances for contractual discounts, and working directly with external auditors to facilitate the audit process. Additionally, the role requires partnering with various departments to ensure accurate financial reporting and compliance with accounting standards.

Requirements

• Bachelor's degree in accounting, finance or related field.
• Typically requires 3 years of experience in health care reimbursement or public accounting with a concentration in hospital auditing.
• Includes 3 years of management experience in managing staff and budgets.
• Previous supervisory experience.

Nice To Haves

• Project leadership and/or oversight of key strategic initiatives experience.

Responsibilities

• Leads the market level accounts receivable reserve process.
• Performs detailed review of balance sheet contractual allowances and bad debt reserve calculations for hospital billing, professional billing and continuing care.
• Performs a detailed review of quarterly hindsight and evaluates the results to determine necessary changes to accounts receivable reserve process.
• Establishes working relationships with managed health operations and revenue cycle to better understand additional considerations in setting accounts receivable reserves.
• Evaluates and monitors market level mix of accounts receivable for both hospital and professional billing.
• Assists with the explanation of budget to actual variances for contractual discounts.
• Works directly with external auditors to facilitate audit process for market-level accounts receivable, reserves and revenue.
• Works with Managed Health cost reporting team to understand status of cost report settlements and related reserves.
• Ensures the third-party settlement accounting for Medicare and Medicaid open cost report balances are reconciled.
• Partners with the Financial Reporting team to understand the status of any compliance and regulatory matters.
• Acts as market level Advocate Health finance representative for Epic and Net Revenue Projects.
• Partners with the Reimbursement Budget Planning Director in the development and forecasting of market-level revenue budgets.
• Partners with the Managed Health reimbursement department leadership with the valuation of regional Medicaid supplemental payment accounting.
• Assists in ongoing compliance with Advocate Aurora Health's internal control plan.
• Assists in the coordination and completion of internal and external auditors' requests and queries.
• Performs human resources responsibilities for staff including interviewing and selection of new employees.
• Responsible for understanding and adhering to the organization's Code of Ethical Conduct.

Benefits

• Base compensation within the position's pay range based on qualifications, skills, relevant experience, and/or training.
• Premium pay such as shift, on call, and more based on a teammate's job.
• Incentive pay for select positions.
• Opportunity for annual increases based on performance.
• Paid Time Off programs.
• Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability.
• Flexible Spending Accounts for eligible health care and dependent care expenses.
• Family benefits such as adoption assistance and paid parental leave.
• Defined contribution retirement plans with employer match and other financial wellness programs.
• Educational Assistance Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Hospitals
• Education Level: Bachelor's degree