Job Information
HCA Healthcare Revenue Recovery Senior Manager in Nashville, Tennessee
Description
Introduction
Do you have the career opportunities as a(an) Revenue Recovery Senior Manager you want with your current employer? We have an exciting opportunity for you to join HealthTrust which is part of the nation's leading provider of healthcare services, HCA Healthcare.
Benefits
HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:
Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Free counseling services and resources for emotional, physical and financial wellbeing
401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan with 10% off HCA Healthcare stock
Family support through fertility and family building benefits with Progyny and adoption assistance.
Referral services for child, elder and pet care, home and auto repair, event planning and more
Consumer discounts through Abenity and Consumer Discounts
Retirement readiness, rollover assistance services and preferred banking partnerships
Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.
Learn more about Employee Benefits (https://careers.hcahealthcare.com/pages/employee-benefits-and-rewards)
Note: Eligibility for benefits may vary by location.
Our teams are a committed, caring group of colleagues. Do you want to work as a(an) Revenue Recovery Senior Manager where your passion for creating positive patient interactions are valued? If you are dedicated to caring for the well-being of others, this could be your next opportunity. We want your knowledge and expertise!
Job Summary and Qualifications
The Revenue Recovery Senior Manager will support the Revenue Analytics team in ensuring revenue and rebate completeness and accuracy. This role will manage the Revenue Recovery Team in identifying and recovering unpaid fees and rebates from suppliers, identifying process improvement/contract clarification opportunities, and providing reporting as necessary to various teams including sourcing, account team, audit, and finance.
What you will do in this role:
Manages Revenue Recovery team members, priorities, and deadlines to assist with timely supplier resolution.
Assists Data Analysts with automating and standardizing exception based reporting to drive revenue recovery.
Performs high-level analytical reviews of recovery opportunities to determine root causes and potential process issues.
Researches and interprets complex contract language to accurately recalculate expected fees and rebate payments.
Manages the past due payment collection process by prioritizing opportunities and assists the team with escalation of payment issues as considered necessary.
Facilitates communication between Account Management, Sourcing, and Suppliers to resolve payment issues.
Provides regular updates and reporting to management and other internal stakeholders related to recovery review progress.
Routinely works with Fee Processing to prioritize and resolve payments with reporting issues.
Collaborates with other internal teams to maintain an understanding of data availability and ongoing data acquisition initiatives.
Works with other stakeholders to ensure data quality related to expected fee and rebates, as well as spend data quality provided by suppliers and members.
Prepares and reviews routine and adhoc detailed analytical reviews and reports using Power BI, Excel, and other query tools.
Other duties as assigned.
Knowledge, Skills, and Abilities
Strong organizational and process analysis skills are required
Excellent written and verbal communication skills are essential
Strong critical thinking skills are necessary to interpret results and gaps in data
Proficiency in multiple technologies included but not limited to Microsoft Office, Power BI, Microstrategy, SQL/Teradata and other dashboard/analytical tools
What qualifications you will need:
Bachelor’s Degree in Business, Finance, or Accounting/Audit
Minimum 8 years’ experience working with large datasets and 2 years’ management experience required
CPA preferred.
HealthTrust Supply Chain (https://healthtrustpg.com/) is a critical part of HCA Healthcare's strategy. Our focus is to improve performance and reduce costs. We do this by joining non-clinical and administrative functions. HealthTrust Supply Chain best practice methodologies. We develop, apply and monitor cost-efficient initiatives and programs for HCA Healthcare. By improving facility efficiency, medical professionals can focus on our mission - patient care.
HCA Healthcare has been recognized as one of the World's Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.
"Bricks and mortar do not make a hospital. People do."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
If you are looking for an opportunity that provides satisfaction and personal growth, we encourage you to apply for our Revenue Recovery Senior Manager opening. We promptly review all applications. Highly qualified candidates will be contacted for interviews. Unlock the possibilities and apply today!
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.