Job Title: Revenue Analyst - Senior
Department: Revenue Recognition
Location: Hybrid (Onsite & Remote) ,Riedman Campus,100 Kings Highway, Rochester, NY 14610-0757
Hours Per Week: 40
Schedule: Full-Time, Day Shift, 8 am-5 pm
Position Summary:
Under the direction of the Director of Revenue, supports the acute care revenue recognition and financial reporting efforts. Prepare financial analysis required to ensure the appropriate level of acute care revenue is maintained and completes monthly variance analysis. Assist the department in developing the revenue budget. Provide other financial analyses, as requested.
Key Responsibilities:
Revenue Expertise
Learn healthcare contracts and reimbursement methodologies and stays abreast of regulatory and other changes impacting revenue
Enhance professional growth and development through education, seminars and conferences to keep abreast of accounting field
Coaches, mentors and trains staff in their assigned duties in order to achieve a standard of excellence in the department.
Compliance Reporting
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.
Revenue Calculation
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
Maintains 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
Annual Revenue Budget
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
Performs other duties as assigned.
Minimum Qualifications:
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
Required Licensure/Certification Skills:
•None
Rochester Regional Health is an Equal Opportunity / Affirmative Action Employer. Minority/Female/Disability/Veteran
EDUCATION:
LICENSES / CERTIFICATIONS:
PHYSICAL REQUIREMENTS:
S - Sedentary Work - Exerting up to 10 pounds of force occasionally Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.For disease specific care programs refer to the program specific requirements of the department for further specifications on experience and educational expectations, including continuing education requirements.
Any physical requirements reported by a prospective employee and/or employee’s physician or delegate will be considered for accommodations.
PAY RANGE:
$70,000.00 - $87,360.00CITY:
POSTAL CODE:
The listed base pay range is a good faith representation of current potential base pay for a successful full time applicant. It may be modified in the future and eligible for additional pay components. Pay is determined by factors including experience, relevant qualifications, specialty, internal equity, location, and contracts.
Rochester Regional Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability, predisposing genetic characteristics, marital or familial status, military or veteran status, citizenship or immigration status, or any other characteristic protected by federal, state, or local law.