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Senior Variance Analyst- Central

3 months ago

Richmond, United States Universal Health Services Full time

Responsibilities One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $14.3 billion in 2023. During the year, UHS was again recognized as one of the World's Most Admired Companies by Fortune; and listed in Forbes ranking of America's Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 96,700 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom. The Atlantic Region CBO is seeking a dynamic and talented Senior Variance Analyst. The Senior Variance Analyst is responsible for the maximization of reimbursement by identifying contractual variances between posted and expected reimbursement revenue opportunities for managed care, government contracts, and other various payers. This responsibility encompasses contractual reimbursement analysis and communication of payment discrepancies to internal and external departments. Key Responsibilities include: Identify trends in underpayment/overpayments, denials, revenue opportunities and revenue leakage and works towards resolution and improvement of the revenue cycle process. Reviewing all high dollar claims over 25k as well as working closely with payers as needed to expedite any high dollar reviews. Responsible for reviewing and working all audit requests that come into the department for accuracy. Assist with PODS on a weekly basis. Review and/or create daily, weekly and monthly reports as assigned including estimated reimbursement requests from facility CFOs on a monthly basis to ensure correct accruals are being tracked for accounting. Behavioral Health AR review to be completed monthly. Review accounts for the correct expected reimbursement from governmental and managed care payers before payments are received. Assist Department Manager, Operations Manager, and Assistant Director with developing individual and group departmental goals and objectives. Other duties as assigned. Benefit Highlights Retention Bonus Program if offered. Loan Forgiveness Program if offered. Challenging and rewarding work environment. Competitive Compensation & Generous Paid Time Off. Excellent Medical, Dental, Vision and Prescription Drug Plans. 401(K) with company match and discounted stock plan. SoFi Student Loan Refinancing Program. Career development opportunities within UHS and its 300+ Subsidiaries More information is available on our Benefits Guest Website: benefits.uhsguest.com . Contact Information: Nicole Baez HR Coordinator/Recruiter Nicole.baezRojas@uhsinc.com Qualifications Position Requirements: Must be proactive, assertive articulates knowledge and understanding of payer claims processing philosophies. Understands complex managed care agreements. The ability to communicate clearly and concisely both verbally and writing. Customer focused, providing service consistently exceeding expectations to both internal and external customers. Proficiency in Microsoft Office applications including Excel. Maintain a strong working knowledge of the systems utilized by UHS to research root causes of underpayments and denials. Strong ability to handle and prioritize multiple projects and maintain cooperative working relationships. Must consistently go above and beyond expectations in the practice of Service Excellence. #J-18808-Ljbffr