Manager, Revenue Management
$44.99 - $69.44 per hourIntermountain Health
Job Description:
This position has responsibilities for the accounting for net patient services revenue, primarily from the hospitals (Hospital Billing or HB) and medical group clinics (Physician Billing or PB) of Intermountain Health. This position also ensures financial accounting and reporting follows U.S. generally accepted accounting principles (U.S. GAAP); maintains a strong system of internal controls; hires, trains, develops and retains competent personnel; and provides excellent service to internal stakeholders.
We are committed to offering flexible work options where approved and stated in the job posting. However, we are currently not considering candidates who reside or plan to reside in the following states: California, Connecticut, Hawaii, Illinois, Massachusetts, Minnesota, New York, Pennsylvania, Rhode Island, Vermont, and Washington. Colorado for remote caregivers' whose assigned Intermountain facility or service area is not based in Colorado.
Please note that a video interview through Microsoft Teams will be required as well as potential onsite interviews and meetings
Hiring manager is considering candidates who have e xperience with the Kodiak RCA Tool and conducting Root Cause Analysis investigations. E xperience using SQL to query, analyze, and validate data.
Essential Functions
Manages the day-to-day operations and performance of net revenue accounting processes and procedures.
Manages the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool. Coordinates with Revenue Cycle, Finance, Payer Contracting and Kodiak to maintain accuracy and completeness of revenue valuation.
Supervises the net revenue department during the month-end close process and prepares or reviews assigned balance sheet account reconciliations.
Prepares and supports the reporting of monthly net revenue results to the regional finance teams. Works closely with accounting managers to ensure net revenue numbers are properly reported each month.
Reviews all month-end journal entries prepared by the net revenue analysts prior to posting and analyzes results (including understanding variances to forecast, trend and plan). Ensures the net revenue analysts adhere to the month-end processes, timelines, and quality expectations. Mentors analysts to produce accurate and timely work.
Collaborates with reimbursement, revenue cycle, and regional finance teams to develop and support net revenue forecasts and plans. Participates in the preparation of operational and capital budgets for hospitals and medical groups.
Maintains effective and appropriate staffing and staff scheduling to ensure goals are met. Promotes staff flexibility and cross-training. Provides communication to associates through huddles, staff meetings and other forms of communication to relay updates regarding department updates, organizational activities, financial performance, educational opportunities and interdepartmental activities.
Supports enterprise initiatives related to net revenue through detailed analysis and execution support.
Identifies and implements process improvements within net revenue accounting workflows to enhance efficiency, accuracy, and timeliness.
Skills
Accounting
Healthcare net patient revenues
Accounts receivable and revenue cycle
Financial and variance analysis
Data analysis and interpretation
Accounting and financial systems (including the Kodiak RCA net revenue valuation tool)
Monthly close process
Process execution, problem-solving and improvement
Communication
U.S. GAAP
Leadership
Detail oriented
Qualifications
Bachelor's degree in accounting or finance is required. Degree must be obtained through an accredited institution. Education is verified.
Progressive leadership experience managing healthcare net revenue accounting functions across multiple locations with increasing responsibility across complex revenue cycle operations is required.
Working knowledge of revenue cycle processes, state and federal requirements (i.e., charging, billing, price transparency), and the impact on net revenue is required.
Demonstrated proficiency with Kodiak RCA Tool is strongly preferred
Licensed Certified Public Accountant is preferred.
Ability to interpret upstream operational activity and partner with subject matter experts to ensure accurate financial reporting, while relying on those partners for operational process ownership, is strongly preferred.
Understanding of coding classification systems, such as ICD-10-CM, ICD-9-CM, MS-DRG, CPT-4, APR-DRG, and HCC is strongly preferred.
Physical Requirements
Ongoing need for employee to see and read information, documents, and be able to assess customer needs.
Interact with others requiring the employee to communicate information.
Manual dexterity of hands and fingers to manipulate equipment with precision and accuracy. This includes frequent computer use for typing, accessing needed information, etc.
Location:
Key Bank Tower
Work City:
Salt Lake City
Work State:
Utah
Scheduled Weekly Hours:
40
The hourly range for this position is listed below. Actual hourly rate dependent upon experience.
$44.99 - $69.44
We care about your well-being - mind, body, and spirit - which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.
Learn more about our comprehensive benefits package here ( .
Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
At Intermountain Health, we use the artificial intelligence ("AI") platform, HiredScore to improve your job application experience. HiredScore helps match your skills and experiences to the best jobs for you. While HiredScore assists in reviewing applications, all final decisions are made by Intermountain personnel to ensure fairness. We protect your privacy and follow strict data protection rules. Your information is safe and used only for recruitment. Thank you for considering a career with us and experiencing our AI-enhanced recruitment process.
All positions subject to close without notice.
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