Manager, Reimbursement

Summa Health; United States; On-site; USD 83,000 - 124,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Paid time off

Retirement plan

Flexible Spending Accounts

Employee Assistance Program

Identity Theft Protection

Pet Insurance

Education Assistance

Daily Pay

Job summary

Summa Health is seeking a senior finance leader responsible for issuing accurate internal and external financial statements in GAAP. This role estimates revenue recognition and A/R provisions, oversees centralized net revenue reporting, and ensures timely, accurate financial reporting across Summa Health System.

Responsibilities include Medicare/Medicaid cost reporting, audit coordination, ERP integrity (EPIC patient billing), and developing the Net Patient Revenue budget.

Qualifications

• Bachelor's Degree in Accounting or Finance is required.

Responsibilities

• Responsible for issuing accurate internal and external financial statements in GAAP.
• Estimate revenue recognition and accounts receivable provisions on a monthly basis for consolidated entities.
• Oversee centralized and standardized net revenue reporting.
• Ensure timely and accurate financial reporting.
• Coordinate Medicare/Medicaid cost reports and audits.

Education

Bachelor's Degree in Accounting or Finance

Job description

Location: 1077 Gorge Blvd, Akron, OH 44310

Summa Health System is recognized as one of the region's top employers by a number of third party organizations, including NorthCoast 99. Exceptional candidates gravitate to Summa because of its culture, passion for delivering excellent service to our patients and families commitment to our philosophy of servant leadership, collegial working relationships at every level of the organization and competitive pay and benefits.

Summary

Responsible for issuing accurate, appropriate and timely internal and external financial statements consistent with GAAP. Responsible for estimating revenue recognition and accounts receivable provisions (contractual allowances, bad debts, charity, etc.) on a monthly basis for the consolidated entities of Summa Health. Provides health system leadership on revenue reporting and analytics. Oversees centralized and standardized net revenue reporting. Ensures thorough understanding of A/R and net revenue trends. Ensures processes that provide timely and accurate financial reporting. Responsible for the preparation of the annual cost reports filed with Medicare and Medicaid and coordinating audits and appeals thereof, as necessary. Assures reporting accuracy of ERP system through various interfaced subsidiary systems such as EPIC patient billing. Handles all third-party reimbursement services rendered to patients. Maintains integrity of financial records and provides oversight during annual external audits. Responsible for the development and oversight of the Net Patient Service Revenue budget for Summa Health System. Responsible for implementing accounting guidance associated with revenue recognition and related audit support associated with this guidance. Reviews with System CFO and VP Financial Reporting and Controller all significant transactions for accounting purposes.

• Formal Education Required:
• Bachelor's Degree in Accounting or Finance
• Certified Public Accountant preferred
• Experience and Training Required:
• Seven (7) years Accounting/Finance experience (public accounting or auditing preferred) to include three (3) years in a leadership role.
• Other Skills, Competencies and Qualifications:
• Population Specific Competency: Ability to effectively interact with patients/customers with the understanding of their needs for self-respect and dignity
• Maintains a high degree of confidentiality regarding financial matters
• Knowledge of computerized data systems and analytical skills required to perform statistical and data processing reviews
• Works cooperatively and effectively with management personnel in a financial advisory capacity
• Assumes accountability for demonstrating behaviors consistent with the customer service policy
• Level of Physical Demands:
• Sedentary: Exerts up to ten pounds of force occasionally and/or a negligible amount of force frequently.

Equal Opportunity Employer/Veterans/Disabled

$60.24/hr - $90.35/hr

The salary range on this job posting/advertising is base salary exclusive of any bonuses or differentials. Many factors, such as years of relevant experience and geographical location are considered when determining the starting rate of pay. We believe in the importance of pay equity and consider internal equity of our current team members when determining offers. Please keep in mind that the range that is listed is the full base salary range. Hiring at the maximum of the range would not be typical.

Summa Health offers a competitive and comprehensive benefits program to include medical, dental, vision, life, paid time off as well as many other benefits.

• Basic Life and Accidental Death & Dismemberment (AD&D)
• Supplemental Life and AD&D
• Dependent Life Insurance
• Short-Term and Long-Term Disability
• Accident Insurance, Hospital Indemnity, and Critical Illness
• Retirement Savings Plan
• Flexible Spending Accounts - Healthcare and Dependent Care
• Employee Assistance Program (EAP)
• Identity Theft Protection
• Pet Insurance
• Education AssistanceDaily Pay