• Job Description

  Req#: R212945

  Department:

  13386 Enterprise Corporate - Managed Health Finance

  Status:

  Full time

  Benefits Eligible:

  Yes

  Hou rs Per Week:

  40

  Schedule Details/Additional Information:

  Remote, 8am - 5pm, EST

  Pay Range

  $51.05 - $76.60

  Major Responsibilities:

  • Performs financial analyses related to the change in volume and pricing impact and support the development of payer strategy and discussions on managed care contracting innovation, future directions and the needed coordination between acute care, ambulatory and Physician groups. Synthesize analyses, deliver key insights and recommendations
  • Collaborates cross-functionally with key members of Accounting, Decision Support, Strategic Financial Planning, Advocate Aurora Contracting, Business Development, Reimbursement, Marketing, Advocate Medical Group and Aurora Medical Group to identify revenue gaps and yield improvement opportunities.
  • Partners with internal and external resources to determine key revenue strategies, analyze revenue initiatives and identify, share, and implement “best practices”. Processes should be aligned / coordinated through discussions with leadership from Aurora in like areas.
  • Assist in determining, coordinating and communicating Advocate Aurora’s pricing strategy directly with business leaders.
  • Directs research, review and assimilation of industry and competitive data to maintain an effective revenue optimizing strategy in the marketplace.
  • Continually evaluates, identifies and implements opportunities for revenue optimization through leveraging integrated system solutions.
  • Assist and monitor the contract load process for various Advocate Aurora analytical tools.

  
  Licensure, Registration, and/or Certification Required:

  • None Required.

  
  Education Required:

  • Bachelor's Degree in Finance, or
  • Bachelor's Degree in Accounting or related field.

  
  Experience Required:

  • Typically requires 7 years of experience in healthcare financial or data analysis.

  
  Knowledge, Skills & Abilities Required:

  • Highly analytical and possess a strong grasp of revenue and finance concepts such as cost accounting, payor contract management, data analyses and scenario analysis.
  • Knowledge of government reimbursement and managed care contracting, including the terms and conditions of payer contracts and their impact on the revenue cycle and operations.
  • Ability to effectively manage a complex, dynamically changing schedule around the needs of customers in providing exceptional customer service to network clients.
  • Ability to communicate and collaborate effectively with all levels of employees, management, executives, and other organizations and to address difficult issues. Ability to work and function in a complex corporate system environment.
  • Works effectively in a team environment and be a supportive contributor or leader in team matters.
  • Ability to work independently and with minimal supervision.
  • Proficiency using Microsoft Office (Word, Excel, Access and Powerpoint), or similar products.

  
  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.

  
  This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

  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.

• About the company

  Advocate Aurora Health is a non-profit health care system with dual headquarters located in Milwaukee, Wisconsin

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