Net Revenue Senior Analyst

Upstream Rehabilitation•Birmingham, AL

19d

About The Position

Upstream Rehabilitation is looking for a Net Revenue Senior Analyst to join our team! Position Summary: The Net Revenue Senior Analyst is responsible for performing detailed analysis and supporting all aspects of net revenue accounting, analysis and forecasting. This position plays a key role in evaluating payor performance, ensuring accurate revenue recognition, monitoring contractual allowances, monitoring payor integrity and identifying trends in reporting that are impactful to the company’s financial performance. The ideal candidate will have a strong background in healthcare finance and an understanding of outpatient reimbursement methodologies. Additionally, this role will provide ad hoc analysis in support of cross-functional initiatives. This position is responsible for supporting the mission, vision, and values of Upstream Rehabilitation.

Requirements

Education: Bachelor’s degree in finance or accounting (or equivalent degree) required
Experience: 3+ years in financial planning and analysis
Proven experience in Healthcare field, preferably with emphasis in outpatient physical therapy environments.
Core Skills: Knowledge of healthcare revenue cycle process and familiarity with EMRs (preferred Raintree)
Strong analytical skills and ability to elevate review to prioritize most impactful outcomes
Proficiency in Excel, PowerPoint, revenue modeling, and data analysis tools (e.g., Power BI)
Interpersonal and communication skills with the ability to interact with various levels of management and translate financial data into actionable insights for non-financial stakeholders
Superior attention to detail and ability to successfully manage multiple competing priorities while maintaining a view of the big picture
Ability to work and problem solve independently

Nice To Haves

Proven experience in Healthcare field, preferably with emphasis in outpatient physical therapy environments.
Experience with Raintree EMR

Responsibilities

Prepare and maintain accurate net revenue accrual estimates based on historical trends, payor contract shifts, reimbursement patterns, and operational input.
Support of month end close process through preparation of journal entries for EMR activity/stats and monthly net revenue accrual and maintain reconciliation between the general ledger and source systems
Prepare and analyze monthly net revenue KPI’s to monitor appropriateness of A/R reserves and identify unexpected shifts by payor or clinics for accrued net revenue, aging, denials and write-offs.
Perform hindsight lookback analysis of historical net accounts receivable estimates to help evaluate the accuracy of the accrual methodology.
Monitor insurance payment accuracy to ensure it aligns with contracted rates and collaborates with the Payor Contracting and Revenue Cycle functions to validate and recover underpayments.
Build and maintain strong working relationships with the Payor Contracting and Revenue Cycle functions.
Partner with FP&A to provide analysis and insights that support the budgeting and modeling of net revenue rate improvement initiatives.
Ensure compliance with GAAP, payer regulations, and internal controls related to revenue recognition.
Maintain mapping between EMR systems to the general ledger.
Perform other duties and analysis as assigned.