Financial Analyst Net Revenue

2 weeks ago

Altamonte Springs, United States AdventHealth Corporate Full time

AdventHealth Corporate

All the benefits and perks you need for you and your family:

Benefits from Day One

Career Development

Whole Person Wellbeing Resources

Mental Health Resources and Support

Our promise to you:

Joining AdventHealth is about being part of something bigger. Its about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

Shift : Full-time; Monday-Friday

Job Location : Altamonte Springs, FL

The role youll contribute:

The recognition of revenue in healthcare is a high risk, estimation process requiring significant oversight, standard methodologies, and frequent analysis to ensure accurate estimates are achieved. The Financial Analyst Net Revenue will be located at the AdventHealth corporate headquarters and be responsible for performing the centralized procedures around the net patient service revenue calculations. This includes the hospital net revenue calculation within the Crowe Revenue Cycle Analytics (RCA) tool, the non-hospital Excel net revenue template and performing hindsight/lookback analysis to validate the net revenue estimation process. Candidates must express a strong desire to obtain an understanding of the application of healthcare revenue estimates in accordance with Generally Accepted Accounting Principles. Candidates must possess strong analytical and problem-solving skills, an ability to follow detailed process documentation and a dedication to prioritize and meet critical deadlines.

The value that you bring to the team:

Assist with the preparation of the net revenue pre-close and close procedures within the Crowe RCA tool on a monthly basis. This primarily includes:

I. Perform routine centralized reserve calculations within the Crowe RCA tool, prepare calculations for any necessary manual adjustments and maintain documentation of the process used.

II. Utilize Excel for analyzing Crowe RCA reporting and use/develop templates to streamline routine processes.

III. Generate and maintain reports from the Crowe RCA tool for the month end close process, internal audits and external audits.

IV. Assist facilities in analyzing the net revenue results from the Crowe RCA tool as needed.

V. Monitor the data feeds and mapping from the patient accounting system into the Crowe RCA tool daily.

Maintain the standard non-hospital Excel template for the physician and home health service lines. Work with the Net Revenue Senior to process changes to the Excel template and draft communication of the changes to end users.

Assist in preparing instructions/templates for net revenue process for both the Net Revenue department and facilities.

Validate AdventHealths allowance methodology via the performance of a hindsight or lookback analysis. Communicate hindsight results to facility leadership and maintain documentation for the review by the external auditors.

Work directly with facilities for transitioning the legacy system accounts receivable to an AdventHealth standard net revenue template and implementing for the Crowe RCA tool for hospital acquisitions upon conversion to the AdventHealth standard patient accounting system.

Prepare monthly and quarterly reporting for the AdventHealth Accounts Receivable Securitization program.

Possess a continuous improvement focus over the estimation, reporting and analysis of net revenue.

Effectively present and communicate net revenue issues and analysis to facility leadership, peers, internal and external auditors.

Minimal travel (10% or less) with advanced notice.

Ability to work extended hours during month end close and as project deadlines require.

Achieve superior customer satisfaction by embracing and exemplifying the AdventHealth service standards

The expertise and experiences youll need to succeed :

Bachelors degree or higher

Preferred Qualifications :

Bachelors degree or higher in Accounting or Finance

Certified Public Accountant (CPA), CPA Exam Eligible or MBA

This facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances. The salary range reflects the anticipated base pay range for this position. Individual compensation is determined based on skills, experience and other relevant factors within this pay range. The minimums and maximums for each position may vary based on geographical location.

Category: Accounting/Finance

Organization: AdventHealth Corporate

Schedule: Full-time

Shift: 1 - Day

Req ID: 24022134

We are an equal opportunity employer and do not tolerate discrimination based on race, color, creed, religion, national origin, sex, marital status, age or disability/handicap with respect to recruitment, selection, placement, promotion, wages, benefits and other terms and conditions of employment.

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