Assist with the preparation and oversight of the net revenue pre-close and close procedures within the Crowe RCA tool on a monthly basis. This primarily includes:
Perform and review routine centralized reserve calculations within the Crowe RCA tool, prepare calculations for any necessary manual adjustments and maintain documentation of the process used.
Utilize Excel for analyzing Crowe RCA reporting and use/develop templates to streamline routine processes.
Generate and maintain reports from the Crowe RCA tool for the month end close process, internal audits and external audits.
Assist the marketplace in analyzing the net revenue results from the Crowe RCA tool as needed.
Review the daily reconciliation prepared by the Net Revenue Analyst to monitor the data feeds from the patient accounting system into the Crowe RCA tool.
Endorse a team centered environment and mentor the Net Revenue Analysts in developing a better understanding of the Crowe RCA tool and net revenue process through supervision of their work and providing timely feedback.
Organizing workflow and ensuring that employees understand their duties or delegated tasks.
Maintain the standard non-hospital Excel template for the physician and home health service lines. Work with the Net Revenue Manager to process and review changes to the Excel template and draft communication of the changes to the marketplace.
Coordinate with peers and the marketplace to understand the needs of the end user and prepare instructions/templates for net revenue process for both the Net Revenue department and marketplace. Provide thought leadership in ways to make routine processes more efficient.
Develop relationships with corporate service departments, such as Revenue Cycle and AdventHealth Information Technology (AIT), as it relates to net revenue. Work closely with these groups to ensure integrity of the net revenue data and related statistics.
Validate AdventHealthâ™s allowance methodology via the performance of a hindsight or lookback analysis. Review the hindsight analysis prepared by Net Revenue Analyst and provide thought leadership on tackling complex issues. Communicate hindsight results to the marketplace leadership and ensure documentation is maintained for the review of the external auditors.
Assist in the implementation process of converting patient accounting systems and the impact on the net revenue valuation tools. Responsibilities will include preparing Crowe RCA mapping files for health plans and transaction codes, evaluating the appropriateness of the historical data used in Crowe RCA for allowances and assessing whether adjustments are needed in the physician Excel net revenue model.
Review and prepare monthly and quarterly reporting for the AdventHealth Accounts Receivable Securitization program.
Strive to continuously improve existing knowledge over the estimation, reporting and analysis of net revenue.
Effectively present and communicate net revenue issues and analysis to the marketplace, peers, internal and external auditors.
Minimal travel (10% or less) with advanced notice.
Ability to work extended hours during month end close and as project deadlines require.
What You Will Need:
Bachelorâ™s degree or higher in Accounting or Finance
Two or more years of experience in net revenue, accounting, finance, reimbursement or revenue cycle operations.
Experience with Crowe RCA tool preferred.
Ability to communicate effectively
Ambitious and high-performing
Attention to details
Ability to prioritize multiple tasks
Self-directed with critical thinking skills
Ability to train and mentor employees when needed
Proficient with technology, large data sets and Excel
The recognition of revenue in healthcare is a high risk, estimation process requiring significant oversight, standard methodologies, and frequent analysis to ensure accurate estimates are achieved. The Finance Senior Analyst â“ Net Revenue will be located at the AdventHealth corporate headquarters and be responsible for performing and providing oversight over the centralized procedures around the net patient service revenue calculations. This includes the hospital net revenue calculation within the Crowe Revenue Cycle Analytics (RCA) tool, the non-hospital Excel net revenue template and performing hindsight/lookback analysis to validate the net revenue estimation process. The Finance Senior Analyst â“ Net Revenue is expected to have a strong desire to obtain an understanding of the application of healthcare revenue estimates in accordance with Generally Accepted Accounting Principles, have strong analytical and problem-solving skills, ability to follow detailed process documentation, dedication to prioritize to meet deadlines and a desire to identify and recommend process improvements. Ability to accomplish department objectives by supervising staff through organizing and monitoring work processes is also expected.
AdventHealth Greater Orlando (formerly Florida Hospital) is one of the largest faith-based health care providers in the United States. For 150 years, we have carried on a tradition of providing whole-person care that not only addresses patients' physical ailments, but also supports their emotional and spiritual well-being. We demonstrate the same level of compassion and care for our employees as well, doing all that we can to help them realize their full potential – both personally and professionally.