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Net Revenue Analyst II
1 month ago
Summary: The Net Revenue Analyst II is responsible for reporting complete and accurate net revenue numbers in accordance with Generally Accepted Accounting Principles for the respective region, consisting of three hospitals. Accordingly, the position is responsible for determining the contractual, bad debt and charity reserve estimates during month-end close through utilization of the Crowe Revenue Cycle Analytics (RCA) tool. While this position will require training, strong analytical skills are required. The Regional Net Revenue Analyst will be responsible for assisting with analyzing reports and researching variances to explain deviations from trend and/or budget. Additionally, the analyst will be responsible for preparing the month end journal entries that impact net revenue as well as completing the related reconciliations. This position will report to the Net Revenue Manager. The ability to communicate effectively with all types of people is critical as the analyst position requires regular communication with the regional finance team along with the corporate accounting and reimbursement teams. Timeliness, accuracy, and the ability to prioritize and meet critical deadlines are essential. Responsibilities: Calculate reserve estimates on a monthly basis using RCA and prepare the related journal entries to book the reserves to the general ledger. Analyze monthly net revenue reports and develop explanations of results to be communicated to the regional finance teams along with the corporate finance team. Compile RCA and Meditech reports for month-end close calls with the regional teams, including the regional CFO. Review and reconcile the related balance sheet and income statement accounts on a monthly basis. Conduct daily reconciliations between the Meditech general ledger and the Crowe Revenue Analytics tool. Ensure that all deadlines are met consistently. Train all new analysts to use Crowe RCA, Tableau, Smartview, etc. Train all new analysts on our reconciliation process. Coordinate periodic team trainings. Develop and automate processes for improved efficiency. Assist the Net Revenue Manager in review work. Requirements: Bachelor's Degree. Work Type: Full Time #J-18808-Ljbffr
