Catholic Health Initiatives Enterprise Net Revenue Manager in ENGLEWOOD, Colorado

Enterprise Net Revenue Manager

Description

Job Summary :

  • Manages the aspects of Revenue Management related to AR valuation, Revenue Cycle reporting and Net Revenue analyses. This position is responsible for recording, analyzing, and communicating net revenue/accounts receivable (AR) performance. This position has responsibilities for $2-3 billion in annual net revenues for 15-20 hospitals.

  • Responsible for RCA analysis and ensuring consistent use of the Revenue Cycle Analytics (RCA) tool throughout CHI

  • Develop and maintains RCA policies and procedures

  • Serve as a liaison with the consultants that developed the tool, assisting with the implementation and training for this tool as it is further deployed to MBO entities

  • Reports directly to the Vice President of Revenue Management

Key Activities and Responsibilities:

  • Oversee the accounts receivable valuation tool. Provides direct reports and MBOs with tools and processes to appropriately value net accounts receivable and related net revenue, for contractual allowances, bad debts and charity allowance calculations.

  • Oversee the implementation of the RCA tool to include developing mapping tables, participating in implementation meetings and participates in the on-site go-lives at the MBOs.

  • Responsible for the preparation and accuracy of the A/R reserve calculations within RCA.

  • Plans, organizes and facilitates the annual financial audit as it relates to net A/R and net revenue.

  • Provides necessary analysis and communications specific to net revenue performance as reported on interim/annual financial statements; provides management with information vital to the decision-making process.

  • Oversees the creation of Net Revenue projections for the annual operating budget and various periodic forecasts.

  • Oversees that dashboards are cleared and mappings are completed as needed. Also that parameter settings are correct each month end for accurate reserve setting.

  • Informs financial reporting team of major issues to be resolved, including any data integrity issues.

  • Engages in the oversight of the RCA tool through interaction with the Director, Finance, Manager, Financial Reporting, Revenue Cycle representatives and Hyperion Systems team, who oversee the technical aspects of the application.

  • Overseas end user groups for the RCA and any other revenue valuation applications

  • Develops recommendations for regarding a variety of revenue valuation issues

  • Ensures compliance with Accounting and Reporting Manual policies and procedures, implements common accounting practices and accurate financial reporting for Accounts Receivable and Revenue

  • Establishes a process to track and report costs and benefits of the revenue valuation process

  • Works with revenue cycle staff to share information, identify issues around performance, trends, etc to ensure optimal use of the tool as well as integrity in the numbers

  • Recommends for hire, orients, trains, coaches, directs, evaluates the performance of and, when necessary, recommends discipline or discharge of subordinate personnel

  • Develops and provides for in-service education and up-date programs for subordinates

  • Assists Director in initiating and improving processes and procedures to enhance productivity and efficiency

  • Stays current with accounting literature and GAAP to ensure accounts are stated in accordance with relevant principles

Qualifications

Education / Accreditation / Licensure (required & preferred):

  • Bachelor’s degree in accounting, finance, or related field.

  • CPA and health care industry preferred.

Experience (required and preferred):

  • Five to seven years of financial management or accounting experience including internal or external auditing experience, project management experience, and revenue cycle management experience. Prior experience supporting complex financial activities on enterprise-wide basis preferred.

  • Advanced interpersonal skills to deal in sensitive and/or complex situations with a wide variety of influential internal and external personnel, and make presentations before groups,

  • Proficient in use of Microsoft Office

  • Detailed-orientated individuals

  • Knowledge and experience/proficiency in using Lawson systems

  • Strong sense of internal controls, systems controls

  • Ability to research and root cause differences

  • Proficient written communication and presentation skills

Additional Responsibilities:

  • Demonstrates a commitment to service, organization values and professionalism through appropriate conduct and demeanor at all times

  • Adheres to and exhibits our core values:

  • Reverence: Having a profound spirit of awe and respect for all creation, shaping relationships to self, to one another and to God and acknowledging that we hold in trust all that has been given to us.

  • Integrity: Moral wholeness, soundness, uprightness, honesty and sincerity as a basis of trustworthiness.

  • Compassion: Feeling with others, being one with others in their sorrows and joys, rooted in the sense of solidarity as members of the human community.

  • Excellence: Outstanding achievement, merit, virtue; continually surpassing standards to achieve/maintain quality.

  • Maintains confidentiality and protects sensitive data at all times

  • Adheres to organizational and department specific safety standards and guidelines

  • Works collaboratively and supports efforts of team members

  • Demonstrates exceptional customer service and interacts effectively with physicians, patients, residents, visitors, staff and the broader health care community#GLDRNAT

Job Finance

Primary Location COLORADO-ENGLEWOOD-DENVER INVERNESS

Daily Schedule Days

Scheduled Hours per 2-week Pay Period 80

Weekends Required None

Req ID: 2017-R0116067