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Reimbursement Analyst
Advocate Health Milwaukee, WI
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$50k-64k (estimate)
Full Time 4 Days Ago
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Advocate Health is Hiring a Reimbursement Analyst Near Milwaukee, WI

Major Responsibilities:

  • Participates in the month-end close 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 subsystems in adherence to the established monthly financial close schedule.
  • Provides support as needed to Finance and Operations on reimbursement related matters by preparing PSA (Patient Service Area) analysis of net revenue rate variances on a monthly basis.
  • Assists in monthly closing process and year-end audit analytics for the Net Revenue & AR team.
  • Aids in helping to develop process improvements by identifying inefficiencies in workflow for journal entry and reconciliation procedures to gain efficiencies in work.

Licensure, Registration, and/or Certification Required:

  • None Required.

Education Required:

  • Bachelor's Degree in Finance or related field.

Experience Required:

  • Typically requires 3 years of experience in reimbursement.

Knowledge, Skills & Abilities Required:

  • Demonstrates strong initiative and produces high quality analytical results. Able to perform tasks independently.
  • Strong accounting background with experience in preparing and/or reviewing health care financial statements which are required to perform accurate account analysis.
  • Strong proficiency in the use of the Microsoft Office (Excel, PowerPoint, Word,), software systems, data management tools or similar products.
  • Proficiency in data mining and analysis.
  • Demonstrated ability to work and function in a complex environment. Excellent written and verbal communication skills and the ability to communicate revenue cycle issues to all levels of the organization.
  • Demonstrated ability to take initiative, produce high quality results, and perform assigned activities in an independent manner. Self-motivated and capable of carrying a project through to successful completion.

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.

Job Summary

JOB TYPE

Full Time

SALARY

$50k-64k (estimate)

POST DATE

05/17/2024

EXPIRATION DATE

06/03/2024

WEBSITE

advocatehealthllc.com

HEADQUARTERS

VENICE, FL

SIZE

<25

FOUNDED

2015

CEO

DARWIN R HALE

REVENUE

$10M - $50M

INDUSTRY

Skilled Nursing Services & Residential Care

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The following is the career advancement route for Reimbursement Analyst positions, which can be used as a reference in future career path planning. As a Reimbursement Analyst, it can be promoted into senior positions as a Staff Nurse - RN, Sr. - Medical Management that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Reimbursement Analyst. You can explore the career advancement for a Reimbursement Analyst below and select your interested title to get hiring information.

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