Senior Reimbursement Analyst – Remote
Job ID:
R140000
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 full-time fully remote position for an individual with strong Excel skills and experience in healthcare accounting
Major Responsibilities:
- Participates in the Month-End 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 sub-systems in adherence to the established monthly financial close schedule.
- Aid in helping to develop process improvements by identifying inefficiencies in workflow and implementation of new improved processes and procedures, re-assessing journal entry, reserve models and reconciliation processes to ensure updated efficiencies are working properly
- Provide support as needed to Finance and Operations on reimbursement related matters by preparing service area variance analysis of net revenue rate monthly
- Prepares reserve rate analysis and provide recommendations to ensure that all regulatory reviews are completed accurately and on time.
Licensure, Registration, and / or Certification Required:
- None Required
Education Required:
- Bachelor's degree in accounting, finance or related field
Experience Required:
- 5 years of related experience in revenue analytics for Hospitals, Healthcare, Insurance or similar field
- Experience with analyzing large data sets in Microsoft Excel and related software
- Experience performing analyses, journal entries and related reconciliations
- Exhibits project management skills through to successful completion
Knowledge, Skills and Abilities Required:
- Demonstrates strong initiative and produces high quality analytical results, swiftly data mine large sets of data and appropriately summarize findings
- Strong Accounting background with experience in preparing and / or reviewing health care financial statements
- 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
- Demonstrated ability to take initiative and perform assigned activities in an independent manner.
Physical Requirements and Working Conditions:
- Must be able to sit the majority of the workday
- Must be able to lift up to 10 Ibs. Occasionally
- Operates all equipment necessary to perform job duties
- 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.
