Manager, Revenue Management

About the role

This position has responsibilities for the accounting for net patient services revenue, primarily from the hospitals (Hospital Billing or HB) and medical group clinics (Physician Billing or PB) of Intermountain Health. This position also ensures financial accounting and reporting follows U.S. generally accepted accounting principles (U.S. GAAP); maintains a strong system of internal controls; hires, trains, develops and retains competent personnel; and provides excellent service to internal stakeholders.

Responsibilities

• Manages the day-to-day operations and performance of net revenue accounting processes and procedures.
• Manages the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool.
• Covers the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool.
• Covers the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool.
• Maintains accuracy and completeness of revenue valuation.
• Covers the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool.
• Coordinates with Revenue Cycle, Finance, Payer Contracting and Kodiak to maintain accuracy and completeness of revenue valuation.
• Supervises the net revenue department during the month-end close process and prepares or reviews assigned balance sheet account reconciliations.
• Prepares and supports the reporting of monthly net revenue results to the regional finance teams.
• Works closely with accounting managers to ensure net revenue numbers are properly reported each month.
• Reviews all month-end journal entries prepared by the net revenue analysts prior to posting and analyzes results (including understanding variances to forecast, trend and plan).
• Ensures the net revenue analysts adhere to the month-end processes, timelines, and quality expectations.
• Mentors analysts to produce accurate and timely work.
• Collaborates with reimbursement, revenue cycle, and regional finance teams to develop and support net revenue forecasts and plans.
• Participates in the preparation of operational and capital budgets for hospitals and medical groups.
• Maintains effective and appropriate staffing and staff scheduling to ensure goals are met.
• Promotes staff flexibility and cross-training.
• Provides communication to associates through huddles, staff meetings and other forms of communication to relay updates regarding department updates, organizational activities, financial performance, educational opportunities and interdepartmental activities.
• Supports enterprise initiatives related to net revenue through detailed analysis and execution support.
• Identifies and implements process improvements within net revenue accounting workflows to enhance efficiency, accuracy, and timeliness.

  Requirements

  • Bachelor’s degree in accounting or finance is required. Degree must be obtained through an accredited institution. Education is verified.
  • Progressive leadership experience managing healthcare net revenue accounting functions across multiple locations with increasing responsibility across complex revenue cycle operations is required.
  • Working knowledge of revenue cycle processes, state and federal requirements (i.e., charging, billing, price transparency), and the impact on net revenue is required.
  • Demonstrated proficiency with Kodiak RCA Tool is strongly preferred.
  • Licensed Certified Public Accountant is preferred.
  • Able to interpret upstream operational activity and partner with subject matter experts to ensure accurate financial reporting, while relying on those partners for operational process ownership, is strongly preferred.
  • Understanding of coding classification systems, such as ICD-10-CM, ICD-9-CM, MS-DRG, CPT-4, APR-DRG, and HCC is strongly preferred.

  Qualifications

  • Skills: Accounting, Healthcare net patient revenues, Accounts receivable and revenue cycle, Financial and variance analysis, Data analysis and interpretation, Accounting and financial systems (including the Kodiak RCA net revenue valuation tool), Monthly close process, Process execution, problem-solving and improvement, Communication, U.S. GAAP, Leadership, Detail oriented.

  Benefits

  We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged. Learn More About Our Comprehensive Benefits Package Here.

  Pay

  The hourly range for this position is listed below. Actual hourly rate dependent upon experience. $44.99 - $69.44

  Schedule

  Location: Key Bank Tower
  Work City: Salt Lake City
  Work State: Utah
  Scheduled Weekly Hours: 40