To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values-integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.
Responsible for the management of the hospital's revenue compilation, reporting and analysis related to the financial statement close process and to support internal clients, including accounting, analytic and information systems support. Manages the revenue reporting for the monthly and annual financial statements and support related to net revenue and accounts receivable valuations, annual net revenue budget assumptions and valuation, financial assessments and ad hoc reports, supporting documentation, filings and audits. Develops new opportunities for revenue enhancement using large data sets and databases. Leads multi-disciplinary work groups (Accounting, Reimbursement, Budget and Planning and SBO) on projects associated with revenue data and reporting. Serves as technical lead in information systems, data analysis, and other analytic needs related to revenue reporting and analysis. Assures the accuracy and accountability of reported revenue information to internal and external customers Supports the financial statement audit process as well as special audits as required. Works with the System Business Office in accurate and timely billing and cash collections analysis.
Responsibilities: 1. Manages and oversees all projects and staff associated with revenue reporting functions. Manages the monthly and annual net revenue computations, computer models, valuation, projects and staff associated with same. Includes overseeing budget assumptions, building and maintaining detailed computer models, financial analysis, financial forecasting, recording and assuring the accuracy of accounting entries, reconciliations and investigation of variances as required. 2. Manages large database projects related to the revenue reporting and analysis process. 3. Develops new opportunities for revenue enhancement using large data sets or databases, as well as working with other departments to identify areas of opportunity. Streamlines continuing projects for routine, accurate production, as required. Adequately documents work and processes as required for use by others. 4. Work with staff to support technical and information systems, data analysis, manipulation of databases and large data sets, and other analytical needs related to reimbursement requirements. Further develop staff to proactively engage in the evolution of the revenue process and associated reporting. 5. Manages a monthly revenue close process inventory and work-plan, including project description, timeframes, valuations, future planning requirements and staffing. 6. Responsible for accumulating and reporting outcomes related to efforts of multi-disciplinary groups responsible for projects involved in the management and enhancement of revenue, as required. Groups may include representatives from various clinical areas, other Reimbursement and Chargemaster colleagues, Accounting, Coding, Medical Records, Billing, Utilization Management, Compliance, Information Systems and staff from other organizations such as the School of Medicine or competitor hospitals. At other times, is required to work closely with clinical, Compliance and other Finance colleagues on a number of different projects as required. 7. Assures the accuracy and accountability of revenue information reported externally to outside auditors, governmental agencies and the public. Works to ensure that underlying Information Systems related to the revenue close process are accurate, comprehensive and updated timely. 8. Oversees analysis of current revenue close process financial information, supporting documentation and data capture methods for purposes of identifying systemic and departmental opportunities for improvement and enhancement. 9. Manages the work of staff, including the selection, training and performance evaluation of staff. 10. Manages numerous projects simultaneously, and is engaged as Manager on several at the same time. 11. Supports the efforts of the System Billing Office in accurate and timely billing and cash collections. 12. Work collaboratively with System Chargemaster team to provide oversight and support over CDM, charge capture and revenue enhancement. 13. Work collaboratively with Denials Management team to provide oversight and support over denials management function and other revenue enhancement initiatives. 14. Work collaboratively with the Medical Management team to provide oversight and support. 15. Promotes the Corporate philosophy of positive customer relations. 16. Performs other duties as required.
B.A. or B.S. in Accounting and or Finance is required. Health Care Administration, Mathematics, Information Systems or similar field in conjunction with degree requirement is a plus. Master's degree in relevant field preferred.
Minimum of five (5) years' experience in health care finance, database management, accounting, finance, public or other accounting, auditing, budget, compliance, billing or insurance required with progressive responsibility in accountability, leadership, supervision, and project management. Previous management experience is preferred.
Considerable knowledge of health care revenue process, database logic and management, and accounting and auditing theory is required and assumed. Assumes experience with large data sets and technical manipulation of same through use of Audit Command Language (ACL), Access, other database software, or experience in software programming. Assumes experience with decision support systems and cost accounting theory related to healthcare. Assumes working knowledge in the field of health care, including experience with billing, coding and working with clinicians. Demonstrated ability to lead groups and work on numerous projects simultaneously. Ability to influence and direct the thinking of others and deal with all levels of management and different types of staff.
Responsible for the management of technical revenue financial and data projects, financial reporting of revenue, and accuracy and reliability of data and revenue computer models for one of the YNHHS hospitals. This function contributes directly to annual revenue performance, revenue enhancement goals and to our required internal and external filings with public accountants, governmental agencies and others. Enhances the accuracy of the underlying information as required and determined. Investigates problems and makes recommendations to senior management for future projects related to revenue enhancement. Manages the work of professional staff. Manages the project work plan for corporate finance revenue financial and data efforts. Manages the selection, training and performance evaluation of staff.
Serves as a technical expert on revenue reporting and related database management issues. Manages and directs multi-disciplinary efforts for complicated revenue projects and development. Exercises independent judgment and discretion in the performance of duties. Manages project priorities, staffing assignments and financial valuations of opportunities. Acts as a resource and coordinator for the corporate finance financial and data matters at the Hospital, and supports the related information systems functions.