Senior Reimbursement Analyst- Remote
Job ID:
R121607
Shift:
1st
Full/Part Time:
Full_time
Pay Range:
$40.30 – $60.45
Location:
AAO Milwaukee – 750 W Virginia St
Milwaukee, WI 53204
2025 Windsor Dr
Oak Brook, IL 60523
Benefits Eligible:
Yes
Hours Per Week:
40
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation within the position’s pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate’s job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Schedule Details/Additional Information:
This is a fully remote position for an individual with strong Excel skills and experience in healthcare accounting.
Major Responsibilities:
- Plans and prepares revenue analysis for system-wide programs, projects and services, and monitors revenue budgets and benchmarking activities.
- Identifies and researches opportunities to enhance revenue and improve administrative efficiency of governmental payor programs. Works with the Manager of Reimbursement in conjunction with financial and operational leadership to implement the opportunities identified.
- Performs, develops and provides coordination for the system-wide monthly closing process with respect to multiple commercial and governmental payors.
- Prepares analysis and provides recommendations to ensure that all regulatory reviews are completed timely and accurately.
- Monitors accounting processes to ensure accurate and appropriate payments are received from commercial and governmental payors.
- Provides support as needed to Finance and Operations on reimbursement related matters. Assists with the preparation of the model template to be utilized in the annual budget process for third party reimbursement.
- Communicates reimbursement cycle issues to all levels of the organization.
Licensure, Registration, and/or Certification Required:
- None Required, CPA preferred
Education Required:
- Bachelor’s degree in accounting, finance or related field
Experience Required:
- 5 years of related experience in hospital and medical group Reimbursement Recognition, Healthcare, Insurance or similar field
- Experience with analyzing large data sets in Microsoft Excel and related software
- Experience performing analysis, journal entries, and related reconciliations
- Exhibited project management through to successful completion
Knowledge, Skills & Abilities Required:
- Strong accounting background with experience in preparing and/or reviewing health care financial statements
- Independent critical thinking and a growth mindset mentality
- Initiative to produce high quality analysis, swiftly data mine large sets of data and appropriately summarize findings
- Strong proficiency with Microsoft Office Suite (Excel, PowerPoint, Word, Power BI), software systems, data management tools or similar products
- Excellent written and verbal communication skills
- Understanding of financial statement interrelationships
Physical Requirements and 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.
This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Finance at Advocate Aurora
Aurora Health Care is the largest health system in Wisconsin and a national leader in clinical innovation, health outcomes, consumer experience and value-based care. The state’s largest private employer, the system serves patients across 17 hospitals, more than 70 pharmacies and more than 150 sites of care. Aurora Health Care, in addition to Advocate Health Care in Illinois and Atrium Health in the Carolinas, Georgia and Alabama, is now part of Advocate Health, the third-largest nonprofit, integrated health system in the United States. Committed to providing equitable care for all, Advocate Health provides nearly $5 billion in annual community benefits.