Revenue Accountant I | PAM Health Corporate

PAM Health Corporate Office • Enola, PA

1d

About The Position

Calculates net patient revenue for assigned facilities including preparation of all reports. Handles special projects and performs other related duties as assigned. This role involves preparing and reviewing monthly Accounts Receivable files and reconciliations for assigned facilities to ensure proper recording of net patient revenues and accuracy between General Ledger and patient accounting balances. The position also requires reviewing General Ledger revenue reserve balances, preparing monthly revenue journal entries, and evaluating accounts on the Accounts Receivable aging reports. A quality review of final net patient revenues and other/miscellaneous revenues is performed, with discrepancies reported immediately to the Revenue Manager. Collaboration with Central Business Office staff is essential to ensure patient account balances are stated properly. The role includes preparing and reviewing bad debt entries and supporting facility CEOs/Administrators with questions regarding net patient revenue activity. Additionally, the Revenue Accountant I maintains reports, collects statistical data, and makes recommendations for departmental improvements.

Requirements

• Bachelor of Science degree in accounting
• 1-3 years in an accounting-related position, with experience in financial accounting and general ledger.
• Working knowledge and competency in use of software packages (e.g., Excel and Word) and computer networks.
• Good oral/written skills to facilitate communication between Accounting Department and others.

Responsibilities

• Prepare and review monthly Accounts Receivable files for assigned facilities to ensure proper recording of net patient revenues.
• Review and prepare monthly Accounts Receivable reconciliations to assure accuracy between General Ledger and patient accounting balances.
• Review General Ledger revenue reserve balances for reasonableness and proper monthly activity.
• Prepare monthly revenue journal entries for General Ledger accounting system; reviews for accuracy/reasonableness.
• Reviews monthly charges, allowances and payments for accuracy and reasonableness.
• Evaluates accounts on monthly Accounts Receivable aging reports.
• Perform quality review of final net patient revenues and other/miscellaneous revenues for assigned facilities. Reports discrepancies to Revenue Manager immediately.
• Communicates and works directly with Central Business Office staff to ensure patient account balances are stated properly and within company standards.
• Prepare and review bad debt entries for assigned facilities; reviews bad debt adjustments for accuracy/reasonableness.
• Provides support and communicates with assigned facility CEO/Administrator to clarify questions regarding all net patient revenue activity.
• Maintains reports, records and collects statistical data for administrative and regulatory purposes.
• Makes recommendations related to systems, workflow, efficiencies or other improvements within the department.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level