Revenue Cycle Financial Analyst
VITAS Healthcare Miramar, Florida, United States
Hospitals and Health Care · 10,001+ employees
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About the role
The analyst is responsible for preparing financial reports, maintaining Excel-based reporting packages, and refreshing operational analytical tools. They will also collaborate on project initiatives to improve performance outcomes and document system requirements for IT enhancements.
What they look for
Requirements
The role requires an expert in the field capable of collaborating with sub-departments and IT product owners to address system gaps. Candidates must demonstrate professionalism, teamwork, and a commitment to continuous improvement within the hospice mission.
Benefits
Full description
The Revenue Cycle Financial Analyst position is responsible for participating in functions related to preparing financial reports, refreshing operational analytical work driver tools and maintaining Excel-based reporting packages utilized and published by the Revenue Cycle Management team. In collaboration with other sub-departments, take part in new and existing project initiatives aimed at streamlining and improving throughput and performance outcome results. With the assistance from IT Product Owners, the analyst will review current system capabilities in light of gaps reported by business owners to document requirements for functionality enhancements needed. Must be able to work on-site in our Corporate Miramar, Florida office; work schedule is Monday through Friday 8am to 5pm.
- Maintain a thorough understanding of the financial and operational reporting tools utilized to support revenue cycle operations.
- Run and refresh daily and weekly work driver tools to facilitate work assignment by managers.
- Provide financial reporting and trending analytics utilized to support issue identification by sub-department owners.
- Assist IT with new revenue cycle related system implementations, enhancements, testing and rollouts.
- Create and maintain documentation of system functionality, and ensure all necessary personnel are up-to-date on all changes/revisions impacting revenue cycle applications.
- Improve financial status by analyzing results, monitoring variances, identifying trends and recommending actions to management.
- Ensure the timely publishing of the monthly financial reporting package needed by the finance team.
- Completes ad hoc data extracts or analysis submitted by sub-department business owners.
- Illustrates data graphically and translates findings into written text.
- Maintains collaborative relationships with internal and external teams to ensure integration and alignment of departmental priorities.
- Refresh monthly metrics revenue cycle reporting tool and/or charge integrity reports for Steering Committees and workgroups.
- Work in collaboration with the Financial Planning & Analysis staff to prepare the Report Card Accounts Receivable Scoreboard Analysis
- Responsible for the various reconciliations
- Prepare the Percent of Total Receivable Aging by month analysis; Medicare, Medicaid & Commercial.
- Compile and organize the Comparison of Revenue to Remittances Processed analysis.
- Prepare the relation of A/R Greater than 180 Days to Total A/R Dollar Graph
- Edit and Prepare the Unapplied Cash Report
- Compile and assemble the Collections Vs Goal Report and Analysis
- Responsible for the General Ledger Posting Exceptions Analysis and Reconciliation
- Assist department managers with other analysis and projects as needed.
QUALIFICATIONS
- Three to five years prior finance, accounting and/or Revenue Cycle experience
- Ability to work within a fast-paced environment
- Advanced knowledge of MS Excel (including building and using formulas) and ability to navigate within automated systems and proficiency in Outlook and Word
- PowerBI and Power Pivot experience preferred
- Excellent analytical and communication skills
- Prior knowledge of Medicare, Medicaid and other third-party billing and collection
- Ability to work on various assignments simultaneously
- Strong interpersonal skills within all levels of the organization
EDUCATION
- Bachelor’s degree in accounting, business administration or related field from an accredited college or university or the international equivalent required.
SPECIAL INSTRUCTIONS TO CANDIDATES
- EOE/AA M/F/D/V
VITAS® Healthcare is the nation’s leading provider of end-of-life care, and has the resources and expertise to support your personal and professional growth. As a member of the VITAS team, you’ll find fulfillment working for a people-focused organization dedicated to making a difference in the lives of others. You will be more than just an employee: You will be counted on as an expert in your field, and as a valued team member whose efforts are respected and vital to our hospice mission.
All VITAS employees commit to fulfilling their duties and responsibilities with the highest regard for professionalism, collaboration and teamwork, and an eye focused constantly on growth and improvement. We serve with commitment and compassion, and position ourselves for the future by embracing, innovating, and leading change. If you are that person, make your voice heard—find your purpose at VITAS today.
Benefits Include:
- Competitive compensation - Health, dental, vision, life and disability insurance - Pre-tax healthcare and dependent care flexible spending accounts - Life insurance - 401(k) plan with numerous investment options and generous company match - Cancer and/or critical illness benefit - Tuition Reimbursement - Paid Time Off - Employee Assistance Program - Legal Insurance - Roadside Assistance - Affinity Program
Many of our positions offer the opportunity to work day or night shifts, weekdays or weekends.
Choose a Career with VITAS
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