Department:
Status:
Benefits Eligible:
Hours Per Week:
Schedule Details/Additional Information:
Remote position. Strong accounting experience and Excel skills required.
Pay Range
$75.40 - $120.65Major Responsibilities:
Overseeing the completion of required monthly financial analyses for Enterprise Advocate Health service lines, including hospitals, medical groups, and continuing care.
Assisting departmental leadership with Valuation Allowance accounts and supporting calculations with external financial auditors during year-end audits.
Developing and forecasting Enterprise and Market net revenue budgets, ensuring accurate and timely budgeting for Gross and Net Patient Revenue.
Partnering with Managed Health departmental leadership for the valuation of Medicare cost report reserves and monitoring reimbursement appeals and cost report settlements.
Managing Medicaid supplemental payment accounting and ensuring reconciliation of balances with external financial auditors.
Leading the explanation of budget to actual variances for Enterprise, Region, and Market contractual discounts.
Overseeing the external financial statement audit process, including audit planning and preparation of audited financial statements.
Acting as the finance representative for Epic and Net Revenue Projects, managing relationships with Revenue Cycle leadership.
Ensuring ongoing compliance with Advocate Health’s internal control plan and directing the overall Accounting Operations internal controls.
Directing departmental continuous process improvement and coordinating internal and external auditors’ requests and queries.
Licensure, Registration, and/or Certification Required:
None
Education Required:
Bachelor’s degree in accounting, or bachelor’s degree in finance or related field.
Experience Required:
Typically requires 7 years of experience in health care reimbursement or public accounting with a concentration in hospital auditing that includes extensive auditing of the hospital net patient service revenue area, Medicare, Medicaid, or Blue Cross. Includes 3 years of management experience in managing staff and budgets.
Knowledge, Skills & Abilities Required:
Physical Requirements and Working Conditions:
This position requires travel, therefore, will be exposed to weather and road conditions.
Operates all equipment necessary to perform the job.
Exposed to a normal office environment.
DISCLAIMER
All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate's job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
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What We Do
Advocate Aurora Health is the 11th largest not-for-profit, integrated health system in the United States. As a leading employer in the Midwest, Advocate Aurora Health employs more than 75,000 individuals including more than 22,000 nurses. Advocate Aurora is engaged in hundreds of clinical trials and research studies, and is nationally recognized for its expertise in cardiology, neurosciences, oncology and pediatrics. The organization contributed nearly $2.2 billion in charitable care and services to its communities in 2019.
