Reimbursement Business Intelligence Analyst Lead

4 days ago

Milwaukee, Wisconsin, United States 581 Advocate Aurora Health, Inc. Full time

Job Summary



About 581 Advocate Aurora Health, Inc.

Advocate Aurora Health is one of the largest health systems in the country. We help people live well through information, education and research. Our health system brings together top talent and innovative ways to provide care to our patients. We strive to make a difference in the lives of our patients and communities.

Job Description



This is a challenging opportunity for a Reimbursement Business Intelligence Analyst Lead to join our team. As a Reimbursement Business Intelligence Analyst Lead, you will play a key role in ensuring that we have accurate and timely financial transactions and related statistical data. Your expertise will aid in developing process improvements by identifying inefficiencies in workflow and implementing new improved processes and procedures. You will also provide support as needed to Finance and Operations on reimbursement related matters by preparing PSA analysis of net revenue rate variances on a monthly basis.

Responsibilities



* Participate in the month-end close process for areas of responsibility, including the preparation of journal entries, account reconciliations, and supporting schedules, to ensure all financial transactions and related statistical data are recorded accurately and timely to the general ledger and related subsystems in adherence to the established monthly financial close schedule.

* Assist in developing process improvements by identifying inefficiencies in workflow and implementing new improved processes and procedures, reassessing journal entry, reserve model, and reconciliation processes to ensure updated efficiencies in work and processes.

* Provide support as needed to Finance and Operations on reimbursement related matters by preparing PSA analysis of net revenue rate variances on a monthly basis.

* Assist with the preparation of the model template to be utilized in the annual budget process for third party reimbursement.

* Prepare analysis and provide recommendations to ensure that all regulatory reviews are completed accurately and on time.

Requirements



* Bachelor's Degree in Finance or related field.

* Typically requires 5 years of experience in reimbursement that includes experiences in preparation of Medicare/Medicaid regulations and the analysis, modeling and reporting of third-party payers.

* Knowledge and understanding of third-party regulations and the interrelationship of financial statements to not only comply with regulations but to maximize and develop strategies to increase the organization's reimbursement rate with ongoing changes.

* Strong accounting background with experience in preparing and/or reviewing health care financial statements which are required to perform accurate account analysis.

Working Conditions



* Must be able to sit the majority of the workday.

* Must be able to lift up to 10 lbs. occasionally.

* Operates all equipment necessary to perform the job.

* Exposed to normal office environment.

* This position requires travel, so will be exposed to weather and road conditions.

Compensation and Benefits



The estimated salary for this position is around $103,419 per year. We offer a comprehensive benefits package to our employees, including medical, dental, and vision insurance, 401(k) matching, and paid time off.

About Our Company



Advocate Aurora Health is a large health system in the country, with a strong commitment to innovation and quality care. We are a leading employer in the healthcare industry, offering a wide range of job opportunities and career advancement possibilities.

Required Skills and Qualifications



* Strong analytical and problem-solving skills.

* Excellent communication and interpersonal skills.

* Ability to work independently and as part of a team.

* Strong computer skills, including proficiency in Microsoft Office and data analysis software.

* Ability to understand and analyze complex financial data.

* Strong organizational and time management skills.

* Ability to work in a fast-paced environment and meet deadlines.

How to Apply



If you are a motivated and detail-oriented individual who is passionate about delivering high-quality care, please submit your application for this exciting opportunity. We look forward to hearing from you

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