Calculates net patient revenue for assigned facilities including preparation of all reports. Handles special projects and performs other related duties as assigned.
Responsibilities:Calculates net patient revenue for assigned facilities including preparation of all reports. Handles special projects and performs other related duties as assigned.
I. Position Responsibilities
• Prepare and review monthly Accounts Receivable files for assigned facilities to ensure proper recording of net patient revenues.
• Review and prepare monthly Accounts Receivable reconciliations to assure accuracy between General Ledger and patient accounting balances.
• Review General Ledger revenue reserve balances for reasonableness and proper monthly activity.
• Prepare monthly revenue journal entries for General Ledger accounting system; reviews for accuracy/reasonableness.
• Reviews monthly charges, allowances and payments for accuracy and reasonableness.
• Evaluates accounts on monthly Accounts Receivable aging reports.
• Perform quality review of final net patient revenues and other/miscellaneous revenues for assigned facilities. Reports discrepancies to Revenue Manager immediately.
• Communicates and works directly with Central Business Office staff to ensure patient account balances are stated properly and within company standards.
• Prepare and review bad debt entries for assigned facilities; reviews bad debt adjustments for accuracy/reasonableness.
• Provides support and communicates with assigned facility CEO/Administrator to clarify questions regarding all net patient revenue activity.
• Maintains reports, records and collects statistical data for administrative and regulatory purposes.
• Makes recommendations related to systems, workflow, efficiencies or other improvements within the department.
II. Leadership
• Inclusiveness: Promotes cooperation, fairness and equity; shows respect for people and their differences; works to understand perspectives of others; demonstrates empathy; brings out the best in others and in his/her team
• Managing Staff: Coaches, evaluates, develops, and inspires staff; sets expectations; recognizes achievements
• Stewardship and Resource Management: Demonstrates accountability and sound judgment in managing company resources; appropriate understanding of confidentiality and company values; adheres to and supports company policies, procedures and safety guidelines
• Problem-Solving: Identifies problems and involves others in seeking solutions; conducts appropriate analysis and searches for best solutions; effectively and efficiently implements appropriate responses to correct problems; responds promptly and effectively to new challenges
• Decision-Making: Makes clear, consistent decisions; acts with integrity in all decisions; distinguishes relevant from irrelevant information; makes timely, appropriate decisions.
• Strategic Planning and Organizing: Understands company vision and aligns priorities accordingly; measures outcomes; uses feedback to redirect as required; evaluates alternatives; appropriately organizes complex issues to desirable resolution
• Communication: Connects with peers, subordinate employees and all customers; actively listens; clearly and effectively shares information; demonstrates effective oral and written communication skills; negotiates effectively.
• Quality Improvement: Strives for efficient, effective, high-quality performance in self and in the department; delivers timely and accurate results; resilient when responding to matters that are challenging; takes initiative to make improvements
• Leadership: Motivates others; accepts responsibility; maintains high morale in department; develops trust and credibility; expects honest and ethical behavior of self and staff
• Teamwork: Encourages cooperation and collaboration; builds effective teams; works in partnership with others; is flexible; responsive to the needs of others
• Development: Maintains up-to-date skills through involvement with professional organizations and/or continuing education.
III. Customer Service
• Maintains the highest level of customer service via courtesy, compassion and positive communication.
• Promotes the mission and vision of PAM Health within the work environment and the community.
• Respects dignity and confidentiality by adherence to all applicable policies and procedures.
Education and Training: Bachelor of Science degree in accounting
Experience: 1-3 years in an accounting-related position, with experience in financial accounting and general ledger.
Knowledge, Skills, and Abilities:
• Working knowledge and competency in use of software packages (e.g., Excel and Word) and computer networks.
• Good oral/written skills to facilitate communication between Accounting Department and others.