Director of Revenue Analysis

Director Revenue Analysis

Location: Bartlett, Tennessee, United States
Office space available at location listed

Monitors reports for a single hospital that drive SLA/KPI. Identifies trends, and facilitates and implements solutions to ensure client satisfaction. Owns reporting and provides support to Market Director Revenue Analysis, Hospital CFO and/or Market CFO.

Responsibilities

• Responsible for analysis of eReserve and items/trends that significantly impact net revenue and completion of revenue section of month end Performance Summary
• Review proposed Managed Care Contracts and identify any issues or concerns with implementation of the terms prior to the contract being finalized
• Monitor/review billing, AR and reconciliation for hospital specific contracts
• Support/Coordinate/Monitor the following: Leadership Meetings, Chart Audit Meetings, Compliance Meeting, Charge Master review/updates, Pass through invoice retrieval, Complex Case Review meetings, Hospital Revenue Cycle implementation initiatives such as GZ and Bad Debt initiatives, Internal/External Audit assistance, Engaging Legal for collection issues.
• Serves as internal consultant for health systems revenue departments, particularly hospital departments, to see that appropriate charge collection, revenue charging, and billing techniques are performed within the various revenue departments.
• Responsible for direct preparation or supervision of preparation of Charge Master for the hospitals. Establishes appropriate procedures for review and updating of charges.
• Keeps CFO and/or Compliance Director fully apprised of any issues or concerns requiring administrative attention in the areas of compliance of financial system applications
• Performs other duties as assigned.

Qualifications

• Required:
• • Education: Bachelor’s degree
  • Experience: 6 years in A/R management and/or managed care contracting and analysis as well as directing a multi-facility business office

• Preferred:
• • Education: Bachelor’s degree in business, health administration, or related degree

Compensation

Base Salary - USD $115,000 to $170,000

Full-time

Benefits - Full

Relocation Assistance Available - Possible for ideal candidate

Jim Specht

Recruiter/Account Executive

• Perform initial revenue assessment for all revenue recognition
• Develop reoccurring reimbursement/revenue cycle report for revenue cycle
• Review revenue and deferred revenue schedules utilizing revenue recognition and contract management software
• Applying revenue recognition principles through the performance of revenue accounting
• Reporting, revenue and deferred revenue account reconciliations
• Perform monthly review of revenue to ensure revenue is recognized
• Ensure proper revenue recognition under current revenue recognition rules such as SAB 104, SOP 97-2, SOP 98-9, EITF 08-1, EITF
• Develop annual fare revenue budget
• Oversee the monthly revenue reporting process
• Review various monthly revenue related analysis
• Develop revenue recognition policies and procedures
• Implement best practices of revenue cycle
• Ensuring monthly revenue meetings with staff
• Refine pricing, billing and revenue recognition policies
• Posting, revenue and deferred revenue reconciliation, and management reporting
• Oversee the operating revenue budget
• Ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards
• Lead revenue recognition in accordance with GAAP
• Ensure revenue is recognized in accordance with software revenue recognition rules under GAAP
• Determine impact on revenue recognition and billing