Manager, Revenue Finance Reimbursement
$105k - $130kBeth Israel Lahey Health
When you join the growing BILH team, you’re not just taking a job, you’re making a difference in people’s lives. The Manager will be a critical member of the Revenue Finance & Reimbursement Department of Beth Israel Lahey Health (BILH). BILH is a new integrated health system that includes academic medical centers, acute and specialty hospitals, outpatient facilities, physician groups, performance networks, and community partners. The Manager will support BILH’s integration of six separate revenue valuation and reimbursement units into a unified, enterprise-level department aligned around shared goals and a commitment to: Deliver high-quality net revenue valuation and related finance models based on transparent and efficient methodologies; Produce data and analytics that deliver actionable business insights to BILH hospital, physician, and system leaders; Provide strategic solutions that optimize reimbursements by applying deep knowledge of both government and commercial payment systems; and, Provide Medicare, Medicaid, and payment system expertise in support of BILH provider and system strategic and operational objectives. Essential Duties & Responsibilities Manage a team of 1-3 members in the Revenue Finance department. Provide day-to-day support to the team, including communicating the department’s vision and goals, creating team goals, and motivating and engaging team members to achieve goals. Produce and/or review team members’ monthly, annual, and other reserve estimates, journal entries, general ledger account reconciliations, variance analyses, etc. for hospital and professional entities. Manage activities including updating reserve tool tables, reviewing reserve models, reviewing journal entries, reviewing general ledger account reconciliations, analyzing variances, and resolving issues. At the direction of the Director, oversee the execution of the accounts receivable reserve process. Activities include proactive monthly, quarterly, and analytical reviews of reserve levels and trends, standardization of practices and development of system-wide policies. Manage and assist in the preparation and analysis of reports designed to monitor net revenue and identify trends in net revenue for hospital and professional business units. Assist in the preparation of the annual net revenue budget and forecasting processes for net revenue projections for hospital and professional business units. Serve as a contact to support all third-party audits including financial and government audits. Review and assist in the preparation and filing of the Medicare and Medicaid cost reports, surveys, and questionnaires, assuring the timeliness and accuracy of each. Help identify and design strategic reimbursement initiatives including Medicare & Medicaid DSH, GME, UC, bad debt reimbursement, and wage index reclassifications. Foster teamwork, effective communication, and cohesiveness in all interactions to support BILH’s patients, caregivers, and administrative team. Qualifications Bachelor’s degree in accounting, finance, or related fields required. 5 to 8 years of progressively increasing experience in healthcare finance or a related field. Experience with healthcare revenue-related functions, such as net revenue, government reimbursement, revenue cycle preferred. Knowledge in finance, accounting, statistical analysis, and/or healthcare delivery systems. Ability to handle multiple, complex tasks and priorities. Superior interpersonal skills to effectively supervise staff and communicate with all levels of management. Highly self‑motivated with the ability to function in a fast‑paced environment with limited supervision and direction. Strong analytical skills. Ability to effectively mentor staff and foster a supportive and growth‑oriented environment. Demonstrated experience with MS Office, HFS, EPIC, and Crowe. A dedicated team player with willingness and desire to learn and grow within the organization. Pay Range
$104,998.00 USD - $130,000.00 USD
As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza as a condition of employment. More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger. Equal Opportunity Employer/Veterans/Disabled #J-18808-Ljbffr Beth Israel Lahey Health$35.12 per hour
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