Hybrid Net Revenue Analyst

at Memorial Hermann Health System

• Job title: Net Revenue Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Houston, United States

About the role

• Financial Analyst performing financial planning and analysis related to reimbursement issues for a healthcare provider. Ensuring data accuracy and contributing to impactful analytics with financial data interpretation.

Responsibilities

• Responsible for performing various financial planning and analysis activities, specifically related to reimbursement issues
• Contributes to system-level net revenue reporting, with specific focus on ensuring data content accuracy and developing impactful analytics
• Supports monthly financial close process with specific focus on ensuring data content accuracy, preparing trend models, researching rate variance explanations and communicating findings
• Journal entry preparation and reconciliation is required
• Analyzes and interprets financial data, converting it into information that can be used by management for decision making
• Contributes to the development of accounting reserve methodologies
• Seeks to understand the relationships and dependencies from all aspects of the revenue cycle and reimbursement sources on the net revenue performance
• Contributes to cross-departmental projects and net revenue software implementations
• Liaises with departments across the organization
• Active in the Crowe RCA user community
• Remains informed of government and commercial reimbursement and regulatory changes
• Promotes individual professional growth and development by meeting requirements for mandatory/continuing education and skills competency; supports department-based goals which contribute to the success of the organization; serves as preceptor, mentor and resource to less experienced staff
• Demonstrates commitment to caring for every member of our community by creating compassionate and personalized experiences
• Models Memorial Hermann’s service standards by providing safe, caring, personalized and efficient experiences to patients and colleagues.
• Other duties as assigned

Requirements

• Bachelor Degree (preferred concentration in Business, Finance, Accounting or Economics)
• Minimum four (4) to seven (7) years of work experience
• Net Revenue experience in healthcare highly preferred
• Strong analytical skills
• Must be a self starter
• Experience with Kodiak (Crowe RCA) highly preferred
• Effective oral and written communication skills
• Skills must include analytical capabilities sufficient for preparing revenue schedules
• Knowledge of reimbursement structures from commercial and government payors preferred
• Experience retrieving data from various systems such as Excel, Lawson, EPSI, and Crowe RCA

Benefits

• Professional development opportunities