Corporate Finance Director, Revenue and Reporting

Overview

Prime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 45 hospitals and has more than 300 outpatient locations in 14 states providing more than 2.6 million patient visits annually. It is one of the nation's leading health systems with nearly 50,000 employees and physicians. Fourteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. Prime Healthcare is actively seeking new members to join our corporate team!

 

We are an Equal Opportunity Employer and do not discriminate against applicants due to veteran status, disability, race, gender, gender identity, sexual orientation, or other protected characteristics.  If you need special accommodation for the application process, please contact Human Resources.  Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf

Responsibilities

 This position will be a key team member with the following responsibilities:

General oversight of Revenue and Reporting team.

Working with Revenue Cycle, Business Office, and Local Hospital Teams in analyzing and monitoring the valuation of patient accounts receivables and credit balances for all hospitals and physician groups.

Coordination and collaboration with Managed Care team to price claim sets based on contracts and model financial impact of contract proposals/changes.

Development, enhancement, and continuous standardization of the AR valuation models and process, assuring proper controls are in place to accurately estimate AR.

Develop training materials on AR estimates for local CFOs and Controllers.

Review net patient revenue estimates on a monthly basis across all hospitals, in conjunction with patient AR.

Oversight with regards to the patient revenue portion of the annual financial audit.

Communicate opportunities for improvement in internal collection efforts.

Review and prepare executive presentations to summarize results of findings from the team.

Review with the preparation of the consolidated financial statements and related footnote disclosures, with respect to patient revenue related items.

Identify process improvements to enhance financial reporting.

Provide quantitative and analytical support to the Corporate Finance team, with respect to patient revenue related items.

Develop and coach Revenue and Reporting team.

Other related duties and ad hoc projects, as needed.

 

#LI-RK1

 

Qualifications

Required qualifications:

Bachelor's degree or equivalent experience in Business Administration with emphasis on Accounting.

Ten or more (10+) years of combined revenue cycle analytical experience with hospital systems or in a public accounting setting auditing hospital systems.

Excellent communication skills and an attitude to challenge the status quo.

Strong analytical skills and ability to prepare financial statements and models.

Advanced proficiency in Windows Office software and ERP systems (i.e. Lawson, Meditech)

Superb Excel and basic SQL skills (v-lookups, sumif, sumproduct, indirect, etc.), PowerBI a plus

Some travel required to local hospital sites.

Certified Public Accountant.

Preferred qualifications:

Public accounting (audit) experience, 10Q/K reporting experience, and strong knowledge of GAAP -Highly Preferred

 

Prime Healthcare Management, Inc. offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.  Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.  A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $128,003.20 to $210,080.00 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure. Additionally, employees in this position may be eligible to participate in the Company's annual discretionary bonus program. Discretionary bonuses, if any, are based on a number of factors, which include but are not limited to individual and Company performance.

 

We are an Equal Opportunity/Affirmative Action Employer and do not discriminate against applicants due to veteran status, disability, race, gender, gender identity, sexual orientation or other protected characteristics.  If you need special accommodation for the application process, please contact Human Resources.  EEO is the Law: https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf

Employment Type: FULL_TIME