Senior Revenue Analyst

Company: Partners Healthcare System
Location: Somerville
Posted on: January 15, 2022

Job Description:

Description -About Us
As a not-for-profit organization, Partners HealthCare is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, Partners HealthCare supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.
We're focused on a people-first culture for our system's patients and our professional family. That's why we provide our employees with more ways to achieve their potential. Partners HealthCare is committed to aligning our employees' personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development-and we recognize success at every step.
Our employees use the Partners HealthCare values to govern decisions, actions and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.

General Overview

The Revenue Finance team within the Controller's Group is responsible for net patient service revenue valuation, reporting and budgeting functions for institutions within the System and preparation of annual Medicare, state and other cost report based information.

Work is primarily done remotely. - Employees local to Boston Area may be required to travel to Assembly Row in Somerville, MA. - This is anticipated to be no more that 1 or 2 times per month

Principal Duties and Responsibilities

This position will be working closely with local entity constituents, Revenue Finance peers and general accounting to perform net revenue valuation, prepare related reporting and assist with the monthly close cycle. - Key responsibilities include:

Support the revenue manager and work closely with other senior and junior staff during the monthly close to ensure that net revenue information is accurate and complete.Assist in the completion of monthly calculations of third party settlements and reserves.Provide analytical support for analysis related to financial results, forecasts, or ad hoc projects.Assist in the annual budgeting and quarterly forecasting of net revenue. - Ability to analyze budget to actual variances.Understand healthcare contracting and reimbursement methodologies, and stay abreast of regulatory and other changes that impact revenue.Assist in the development of work processes and documentation.Interact with personnel from various local and corporate functions as necessary.Assist the revenue manager in providing support and training to junior staff.Provide documentation and support to external auditors for year-end financial statement audit.

Qualifications -Qualifications

Bachelor's degree in accounting or finance. - Master's degree preferred.Two to three years of hospital revenue, accounting or financial analysis experience. - A strong understanding of governmental and private payor payment methodologies is preferred.

Skills/Abilities/Competencies

EEO Statement -Partners HealthCare is an Equal Opportunity Employer & by embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. -Primary Location: -MA-Somerville-MGB Assembly RowWork Locations: -MGB Assembly Row -399 Revolution Drive - -Somerville -02145Job: -BillingOrganization: -Mass General Brigham(PHS)Schedule: -Full-timeStandard Hours: -40Shift: -Day JobEmployee Status: -RegularRecruiting Department: -PHS FinanceJob Posting: -Dec 21, 2021

Keywords: Partners Healthcare System, Somerville , Senior Revenue Analyst, Accounting, Auditing , Somerville, Massachusetts