Manager, Revenue Management

Job Description

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.

We are committed to offering flexible work options where approved and stated in the job posting. However, we are currently not considering candidates who reside or plan to reside in the following states:
California, Connecticut, Hawaii, Illinois, Massachusetts, Minnesota, New York, Pennsylvania, Rhode Island, Vermont, and Washington. Colorado for remote caregivers’ whose assigned Intermountain facility or service area is not based in Colorado.

Please note that a video interview through Microsoft Teams will be required as well as potential onsite interviews and meetings.

Hiring manager is considering candidates who have experience with the Kodiak RCA Tool and conducting Root Cause Analysis investigations. Experience using SQL to query, analyze, and validate data.

• 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. 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.

• 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

• 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.

• Ability…