Revenue Optimization Analyst II

2 weeks ago


Irving, Texas, United States CHRISTUS Health Full time

Overview:


The Revenue Optimization Analyst II plays a crucial role in delivering precise and comprehensive net revenue figures in alignment with Generally Accepted Accounting Principles for the designated region, which encompasses multiple healthcare facilities.

This role involves assessing contractual obligations, bad debt, and charity reserve projections during the month-end closing process, utilizing the Crowe Revenue Cycle Analytics (RCA) tool.

While this position will involve a training period, it necessitates strong analytical capabilities.

The Regional Revenue Optimization Analyst will engage in report analysis and investigate variances to clarify discrepancies from expected trends and/or budgetary allocations.

Moreover, the analyst will be tasked with preparing month-end journal entries that influence net revenue and completing the associated reconciliations.

This position will report directly to the Revenue Manager.

Effective communication with diverse stakeholders is essential, as the analyst will regularly interact with the regional finance team and corporate accounting and reimbursement departments.

Timeliness, precision, and the ability to prioritize tasks to meet critical deadlines are vital.

Key Responsibilities:


1. Calculate reserve estimates monthly using RCA and prepare the corresponding journal entries to record these reserves in the general ledger.

2. Analyze monthly net revenue reports and formulate explanations of results for communication with the regional finance teams and corporate finance.

3. Compile RCA and Meditech reports for month-end closing discussions with regional teams, including senior financial leadership.

4. Review and reconcile relevant balance sheet and income statement accounts on a monthly basis.

5. Conduct daily reconciliations between the Meditech general ledger and the Crowe Revenue Analytics tool.

6. Ensure consistent adherence to all deadlines.

7. Provide training for new analysts on the use of Crowe RCA, Tableau, Smartview, etc.

8. Educate new analysts on the reconciliation process.

9. Organize periodic team training sessions.

10. Develop and streamline processes for enhanced efficiency.

11. Assist the Revenue Manager in reviewing work.

Qualifications:
A Bachelor's Degree is required.

Employment Type:
Full Time

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