Net Revenue Analyst, Patewood, FT, Days

Inspire health. Serve with compassion. Be the difference.

Job Summary

Essential Functions

• All team members are expected to be knowledgeable and compliant with Prisma Health's values: Inspire health. Serve with compassion. Be the difference.

• Assists with preparing and assisting with schedules required to support the submission of Medicare, Medicaid and Tricare cost reports, complying with regulations. Gains understanding of the third-party cost report changes from prior years, helping to investigating differences.

• Assists with preparing monthly reserve model and providing thorough analysis of net revenue variances for assigned entities. Prepares and timely submits mid-month projections of net revenue for assigned entities.

• Contributes to helping senior analysts and manager develop adequate reserve position by completing monthly reserve analysis. Learna to identify and report any increase or decrease from previously stated reserve position.

• Provides support to senior analysts and manager around complex projections and analytical support during the fiscal year budgeted net revenue preparation.

• Completes continued training and continued learning to keep abreast of third-party regulations and changes, providing analytical support through financial impact summarization. Estimates the financial impact any changes in payment assumptions and/or budget assumptions may have on the subsidiary and communicates as directed.

• Assists with coordinating the collection of data and/or preparation of schedules for third party financial audits, settlements, and cash reconciliations.

• Responsible for reconciliation of all balance sheet allowance and settlement accounts on a monthly basis as assigned. Prepares quarterly reporting of balance sheet changes and settlement changes to correctly reflect the quarter ending balance sheet position.

• Provides reimbursement analysis support for new product line development or for existing product line analysis as requested or scheduled.

• Assists in the maintenance of the net revenue model software timely, updating weights, rates, and other information needed as to properly reflect net revenue.

• Performs other duties as assigned.

Supervisory/Management Responsibilities

• This is a non-management job that will report to a supervisor, manager, director or executive.

Minimum Requirements

• Education - Bachelor's degree in Accounting, Finance, or related field of study.

• Experience - No previous experience required.

In Lieu Of

• NA

Required Certifications, Registrations, Licenses

• NA

Knowledge, Skills and Abilities

• Knowledge of office equipment (fax/copier)

• Proficient computer skills (word processing, spreadsheets, database)

• Data entry skills

• Mathematical skills

• Third party language and interpretation skills

Work Shift

Location

Facility

Department

Share your talent with us! Our vision is simple: to transform healthcare for the benefits of the communities we serve. The transformation of healthcare requires talented individuals in every role here at Prisma Health.