Director, Revenue and Reimbursement Accounting
Job ID:
R219281
Shift:
1st
Full/Part Time:
Full_time
Pay Range:
$75.40 – $120.65
Location:
AAO Milwaukee – 750 W Virginia St
Milwaukee, WI 53204
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
Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc); please ask a Recruiter for more information during an interview.
Schedule Details/Additional Information:
Remote position. Strong accounting experience and Excel skills required.
Major Responsibilities:
-
Overseeing the completion of required monthly financial analyses for Enterprise Advocate Health service lines, including hospitals, medical groups, and continuing care.
-
Assisting departmental leadership with Valuation Allowance accounts and supporting calculations with external financial auditors during year-end audits.
-
Developing and forecasting Enterprise and Market net revenue budgets, ensuring accurate and timely budgeting for Gross and Net Patient Revenue.
-
Partnering with Managed Health departmental leadership for the valuation of Medicare cost report reserves and monitoring reimbursement appeals and cost report settlements.
-
Managing Medicaid supplemental payment accounting and ensuring reconciliation of balances with external financial auditors.
-
Leading the explanation of budget to actual variances for Enterprise, Region, and Market contractual discounts.
-
Overseeing the external financial statement audit process, including audit planning and preparation of audited financial statements.
-
Acting as the finance representative for Epic and Net Revenue Projects, managing relationships with Revenue Cycle leadership.
-
Ensuring ongoing compliance with Advocate Health’s internal control plan and directing the overall Accounting Operations internal controls.
-
Directing departmental continuous process improvement and coordinating internal and external auditors’ requests and queries.
Licensure, Registration, and/or Certification Required:
-
None
Education Required:
-
Bachelor’s degree in accounting, or bachelor’s degree in finance or related field.
Experience Required:
-
Typically requires 7 years of experience in health care reimbursement or public accounting with a concentration in hospital auditing that includes extensive auditing of the hospital net patient service revenue area, Medicare, Medicaid, or Blue Cross. Includes 3 years of management experience in managing staff and budgets.
Knowledge, Skills & Abilities Required:
Physical Requirements and Working Conditions:
-
This position requires travel, therefore, will be exposed to weather and road conditions.
-
Operates all equipment necessary to perform the job.
-
Exposed to a normal office environment.
DISCLAIMER
All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.
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.