Revenue Analyst - Senior
About The Position
Under the direction of the Director of Revenue, this position supports the acute care revenue recognition and financial reporting efforts. The role involves preparing financial analysis required to ensure the appropriate level of acute care revenue is maintained and completing monthly variance analysis. The analyst will also assist the department in developing the revenue budget and provide other financial analyses as requested. Rochester Regional Health is an integrated health services organization serving the people of Western New York, the Finger Lakes, St. Lawrence County, and beyond, including nine hospitals, primary and specialty practices, rehabilitation centers, senior services, behavioral health services, and laboratories. Its vision is to lead the evolution of healthcare to enable every member of the communities it serves to enjoy a better, healthier life.
Requirements
- BA in Accounting or Business, with prior revenue experience or an equivalent combination of education and work experience.
- 3 to 5 years of prior revenue experience with demonstrated progressive levels of responsibility.
- Strong analytical, computer, and communication skills
Responsibilities
- Learn healthcare contracts and reimbursement methodologies and stay abreast of regulatory and other changes impacting revenue
- Enhance professional growth and development through education, seminars and conferences to keep abreast of accounting field
- Coach, mentor and train staff in their assigned duties in order to achieve a standard of excellence in the department.
- Maintain, prepare and review any Federal or NYS reports required to be filed including but not limited to the surcharge and cash receipts assessment filings
- Coordinate and assist with independent interim and year end audit responding to all requests and inquiries.
- Accurately calculate and record hospital inpatient and outpatient revenues on a monthly basis for inclusion in the monthly financial statements
- Perform revenue analysis utilizing automated revenue recognition model (SPB) to provide detail related to volume, rate, acuity and other reimbursement related variance explanations
- Maintain patient services statistics, as needed.
- Support the department efforts in the development of processes, methodologies, schedules and reports needed to ensure the accurate, consistent and timely recognition of revenues
- Assist in developing the annual revenue budget for acute care operations, using affiliate volume projections, third party rate estimates and adjustments for other reimbursement issues deemed to impact fiscal year revenues
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
5,001-10,000 employees
