Lead Financial Variance Analyst

2 weeks ago

Richmond, Virginia, United States UHS Full time
Position Overview

Universal Health Services, Inc. (UHS), a prominent leader in the healthcare sector, is seeking a skilled Lead Financial Variance Analyst. With a legacy of excellence and a robust presence in the industry, UHS has consistently achieved significant milestones and is recognized as one of the most esteemed healthcare providers in the nation.

Key Responsibilities:
  • Conduct thorough analyses to identify discrepancies between anticipated and actual reimbursement revenues across various payers, including managed care and government contracts.
  • Monitor and assess trends related to underpayments, overpayments, and denials, and collaborate on strategies to enhance the revenue cycle process.
  • Review high-value claims exceeding specified thresholds and liaise with payers to facilitate prompt resolution of any issues.
  • Manage audit requests with precision, ensuring accuracy and compliance.
  • Prepare and analyze financial reports on a regular basis, including reimbursement estimates and accrual tracking for accounting purposes.
  • Engage in monthly reviews of Behavioral Health accounts receivable.
  • Evaluate accounts to ensure expected reimbursements align with contractual agreements prior to payment receipt.
  • Support departmental leadership in establishing and achieving team objectives.
  • Perform additional tasks as required to support the department's goals.
Benefits:
  • Retention and loan forgiveness programs.
  • A dynamic and fulfilling work environment.
  • Competitive salary and generous paid time off.
  • Comprehensive medical, dental, vision, and prescription plans.
  • 401(K) plan with company matching and stock purchase options.
  • Opportunities for career advancement within UHS and its extensive network of subsidiaries.
Qualifications:
  • Proactive and assertive, with a deep understanding of payer claims processing.
  • Knowledgeable in complex managed care agreements.
  • Exceptional verbal and written communication skills.
  • Customer-oriented, consistently exceeding expectations for both internal and external stakeholders.
  • Proficient in Microsoft Office, particularly Excel.
  • Strong analytical skills to investigate root causes of payment discrepancies.
  • Able to manage multiple projects while fostering collaborative relationships.
  • Committed to delivering excellence in service.
Equal Employment Opportunity:

UHS is dedicated to fostering an inclusive environment where equal employment opportunities are available to all applicants and employees. We value diversity and are committed to ensuring that our recruitment and employment practices are free from discrimination based on any protected characteristic.

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