Manager, Net Revenue - Mission Hill, MA, United States - Beth Israel Lahey Health - Non Executive

Beth Israel Lahey Health - Non Executive Mission Hill, MA, United States

1 week ago

Full time

Description

Job Type:

Regular Time Type:
Full time

Work Shift:
Day (United States of America)

FLSA Status:

Exempt When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives.

The Manager of Net Revenue will play a crucial role in our health system's financial operations, focusing on optimizing net patient service revenue.

This individual will be responsible for overseeing revenue recognition, analysis, and reporting activities, ensuring compliance with applicable laws, regulations, and accounting standards.

Job Description:
Essential Duties & Responsibilities including but not limited to:

Lead the process of net revenue management including but not limited to charge capture, charge description master maintenance, payer contract management, and billing compliance.
Estimates net patient revenue and manages the accounts receivable reserve.
Conduct complex financial analysis and prepare detailed reports on net revenue trends, variances, and forecasts.
Collaborate with the finance team to integrate net revenue metrics into overall financial reporting.
Ensure compliance with healthcare financial regulations, payer contracts, and accounting standards.
Stay updated with changes in healthcare finance regulations and implement necessary adjustments.
Manage and mentor a team of revenue analysts.
Provide training and development opportunities to enhance their skills and efficiency.
Work closely with other departments such as Billing, Coding, and Patient Financial Services to identify and resolve revenue cycle issues.
Identify opportunities for process improvements to optimize revenue cycle performance and implement strategic initiatives

Minimum Qualifications:

Education:

Bachelor's Degree in business management, healthcare, finance, or accounting required and
Master's Degree of Accounting or MBA preferred Licensure, Certification & Registration: n/a Experience:
Minimum of 5 years of experience in healthcare finance or revenue cycle management with at least 2 years in a supervisory role.
Strong understanding of healthcare revenue cycle, payer contracts, and regulatory requirements.
Proficiency in financial analysis, forecasting, and reporting. Must have superior computer skills on various software products and systems including MS Office and RCA Crowe
Excellent leadership and team management skills.
Strong communication and interpersonal skills

Skills, Knowledge & Abilities:

Ability to communicate complex concepts in simple form to non-finance users to understand the appropriate use and limits of information provided.
High level of systems analysis and problem solving skills necessary in order to develop and implement new procedures and solutions.
Ability to utilize critical thinking skills, do strategic planning and project management.
High sense of purpose and urgency and strong analytical skills.
Ability to work with tight deadlines and identify priorities in a fast-paced, highly visible environment while maintaining attention to detail.
Strong people and interpersonal skills; ability to build relationships; team player.
Fosters creativity, innovation and divergent thinking in self and others.
Ability to effectively implement change.
Demonstrated experience teaching, mentoring and developing skills sets, where appropriate.
Ability to take complex analytical data and synthesize it in reportable and understandable context.
Demonstrated experience teaching, mentoring and developing skills sets, where appropriate.
Strategic and forward-thinking
Flexible and creative
Articulate, collaborative and approachable
Strong written and oral communication skills are required.
GAAP knowledge required As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) and COVID-19 as a condition of employment. Learn more about this requirement. More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger. Equal Opportunity Employer/Veterans/Disabled

Manager, Net Revenue

6 hours ago

Beth Israel Lahey Health Charlestown, United States

Job Type: Regular · Time Type: Full time · Work Shift: Day (United States of America) · FLSA Status: Exempt · When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives. · Job Type: · Regular · Scheduled Hours: · 40 · Work Shif ...
Chief Development Officer

5 days ago

Cambridge Health Alliance Cambridge, United States

This position serves as the Chief Fundraising Officer for Cambridge Health Alliance (CHA) and its' subsidiaries. They will plan and be responsible for establishing a strong major gift and grant program while increasing CHA's exposure to the philanthropic community. This is a high ...
Business Development Specialist

3 weeks ago

Intertape Polymer Group (IPG) Boston, United States

Business Development Specialist - Systems Sales · The Business Development Specialist will be the market and application expert · for assigned product(s). The Business Development Specialist will actively pursue new business · opportunities at both end user and distribution, coor ...
Global Account Director, EL

6 days ago

Forrester Research, Inc. Cambridge, United States

At Forrester, we're trusted to work on trailblazing, mission critical problems that business and technology leaders face today. That's why we're always looking to empower talented individuals to perform at their best every single day. We're proud of our community of smart people ...
Enterprise Account Executive, Growth

1 week ago

MongoDB Boston, United States

Why MongoDB · About the role · We're looking for a hardworking, driven individual with superb energy, passion and initiative for new business acquisition. The Enterprise Account Executive role focuses exclusively on formulating and executing a sales strategy within an assigned te ...
Revenue Management Practice Lead

3 weeks ago

Northern Trust Corporation Boston, United States Full time

About Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succ ...
Director, Software Engineering

5 days ago

Arrowstreet Capital, Limited Partnership Boston, United States

Job Overview · The Business and Client Technologies team are responsible for developing technology solutions supporting Arrowstreet Capital's Marketing & Reporting, Funds, Finance, Client Management and HR teams. We leverage technology to automate business processes introducing s ...
Revenue Cycle Account Manager, Remote

1 week ago

Massachusetts General Hospital Boston, United States Full time

Revenue Cycle Account Manager, Remote Description Working under the general direction of the Director, Senior Manager, and Manager of the Group Practice Management department (GPM) in the Professional Billing Office (PBO), the Professional Revenue Cycle Account Manager serves as ...
Director of Payment Partnerships, Healthcare

3 days ago

Flywire Boston, United States Full time

The Opportunity: We are seeking an experienced and motivated Director of Payment Partnerships, Healthcare to join our dynamic and growing company. This position is accountable for the development, implementation, and support of strategies and tactics to effectively acquire, mana ...
Director of Enrollment Information

2 weeks ago

InsideHigherEd Boston, United States Administrative Jobs ,

Job no: 523755 · Position Type: Staff Full Time · Campus: UMass Boston · Department: VC-Enrollment Management · Pay Grade: 34 · Date opened: 05 Jun 2024 Eastern Daylight Time · Applications close: 01 Jul 2024 Eastern Daylight Time · General Summary: · The Director of Enrollment ...
Director of Reimbursement and Cost Reporting Facility: Charlestown, MA 01/10/2024

2 days ago

Beth Israel Lahey Health - Non Executive Boston, United States

When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives. · Job Type: · Regular Scheduled Hours: · 40 Work Shift: · Day (United States of America)The Director, Revenue Finance and Reimbursement, will be a core member of ...
BIA Intern

1 day ago

CDP Brighton, United States

Job Description · Job DescriptionOur Organization: · CDP, a Boston-based public benefit corporation, uses the collaborative fundraising model to improve the operational efficiency and revenue generation capacity of the public media system. CDP currently provides more than 230 NPR ...
Chief Development Officer

1 week ago

Cambridge Health Alliance Cambridge, United States

This position serves as the Chief Fundraising Officer for Cambridge Health Alliance (CHA) and its' subsidiaries. They will plan and be responsible for establishing a strong major gift and grant program while increasing CHA's exposure to the philanthropic community. This is a high ...
Chief Development Officer

1 week ago

Cambridge Health Alliance Cambridge, United States

This position serves as the Chief Fundraising Officer for Cambridge Health Alliance (CHA) and its' subsidiaries. They will plan and be responsible for establishing a strong major gift and grant program while increasing CHAs exposure to the philanthropic community. This is a highl ...
Chief Development Officer

1 hour ago

Cambridge Health Alliance Cambridge, United States

This position serves as the Chief Fundraising Officer for Cambridge Health Alliance (CHA) and its' subsidiaries. They will plan and be responsible for establishing a strong major gift and grant program while increasing CHAs exposure to the philanthropic community. This is a highl ...
Client Services Manager

1 week ago

CDP Brighton, United States

Job Description · Job DescriptionJob Summary: · The Client Services Manager will own a diverse portfolio of clients and will be responsible for ensuring the success of the direct marketing programs and other initiatives which drive the fundraising efforts of each Client. They wi ...
Director, Enterprise Consulting

1 week ago

proton Cambridge, United States

About Us · The wholesale distribution industry is ready for a revolution, and Proton is leading the charge. The world relies on distributors to sell nearly every physical product, but despite its massive contribution to the global economy, this industry has been left behind in te ...
Strategic Account Executive

1 day ago

FlowX Boston, United States

Job Description · Job DescriptionFlowX is a leading provider of AI-powered application modernization solutions, dedicated to expediting the digital transformation journey for global financial institutions. Through its innovative solutions, clients realize swift ROI, substantial c ...
Account Executive

1 day ago

SPHERE Technology Solutions Boston, United States

Job Description · Job DescriptionSPHERE is seeking an Account Executive (AE) who will develop and execute strategy on an account base of substantial strategic importance. The AE is distinguished by their specialized knowledge of problem solving skills, an ability to influence cli ...
Head of Sales- North America

1 day ago

Profitero Boston, United States

Job Description · Job DescriptionSalary: · Head of Sales- North America · Location: Boston , NY or Chicago Hybrid 3 days in office · About Profitero: · Profitero is the leading global commerce acceleration company offering a flexible suite of intelligence-driven solutions so t ...