SR VARIANCE ANALYST - EAST

Full Time
Richmond, VA 23227
Posted
Job description
Responsibilities:

One of the Nation's largest and most respected hospital companies, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Steadily growing from a startup to an esteemed Fortune 500 corporation, UHS today has annual revenue nearing $10 billion. In 2017, UHS was recognized as one of the World's Most Admired Companies by Fortune; ranked #276 on the Fortune 500, and listed #275 in Forbes inaugural ranking of America's Top 500 Public Companies. Our operating philosophy is as effective today as it was 40 years ago: Build or acquire high quality hospitals in rapidly growing markets, invest in the people and equipment needed to allow each facility to thrive, and become the leading healthcare provider in each community we serve.


Headquartered in King of Prussia, PA, UHS has more than 87,000 employees and through its subsidiaries operates more than 320 acute care hospitals, behavioral health facilities and ambulatory centers in the United States, Puerto Rico, the U.S. Virgin Islands and the United Kingdom.


The Atlantic Region CBO is seeking a dynamic and talented Senior Variance Analyst.


The Senior Variance Analyst is responsible for the maximization of reimbursement by identifying contractual variances between posted and expected reimbursement revenue opportunities for managed care, government contracts, and other various payers. This responsibility encompasses contractual reimbursement analysis and communication of payment discrepancies to internal and external departments.


After onsite training/orientation in Richmond, VA, a remote/work from home option is possible for this position.


Key Responsibilities include:

  • Identify trends in underpayment/overpayments, denials, revenue opportunities and revenue leakage and works towards resolution and improvement of the revenue cycle process.
  • Reviewing all high dollar claims over 25k as well as working closely with payers as needed to expedite any high dollar reviews.
  • Responsible for reviewing and working all audit requests that come into the department for accuracy.
  • Assist with PODS on a weekly basis.
  • Review and/or create daily, weekly and monthly reports as assigned including estimated reimbursement requests from facility CFOs on a monthly basis to ensure correct accruals are being tracked for accounting.
  • Behavioral Health AR review to be completed monthly.
  • Review accounts for the correct expected reimbursement from governmental and managed care payers before payments are received.
  • Assist Department Manager, Operations Manager, and Assistant Director with developing individual and group departmental goals and objectives.
  • Other duties as assigned.

Remote Work Disclaimer:

UHS requires onsite training lasting up to 90 days before work from home will be authorized. We ask that our remote employees have access to reliable internet connection and a dedicated, properly equipped workspace at a fixed location within Virginia that is free of distraction.

Qualifications:

Position Requirements:

  • Must be proactive, assertive articulates knowledge and understanding of payer claims processing philosophies.
  • Understands complex managed care agreements.
  • The ability to communicate clearly and concisely both verbally and writing.
  • Customer focused, providing service consistently exceeding expectations to both internal and external customers.
  • Proficiency in Microsoft Office applications including Excel.
  • Maintain a strong working knowledge of the systems utilized by UHS to research root causes of underpayments and denials.
  • Strong ability to handle and prioritize multiple projects and maintain cooperative working relationships.
  • Must consistently go above and beyond expectations in the practice of Service Excellence.


This opportunity provides the following:

Challenging and rewarding work environment

Growth and development opportunities within UHS and its subsidiaries

Competitive Compensation

Excellent Medical, Dental, Vision and Prescription Drug Plan

401k plan with company match

Generous Paid Time Off


If you meet the above requirements and are looking for a rewarding career, please take a moment to share your background with us by applying online. UHS offers competitive compensation commensurate with experience and benefits programs including medical, dental, life insurance and 401k. UHS is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at UHS via-email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of UHS. No fee will be paid in the event the candidate is hired by UHS as a result of the referral or through other means. UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc. and a wholly-owned subsidiary of Universal Health Services, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its management company, UHS of Delaware, Inc. All healthcare and management operations are conducted by subsidiaries of Universal Health Services, Inc. To the extent any reference to "UHS or UHS facilities" on this website including any statements, articles or other publications contained herein relates to our healthcare or management operations it is referring to Universal Health Services' subsidiaries including UHS of Delaware. Further, the terms "we," "us," "our" or "the company" in such context similarly refer to the operations of Universal Health Services' subsidiaries including UHS of Delaware. Any employment referenced in this website is not with Universal Health Services, Inc. but solely with one of its subsidiaries including but not limited to UHS of Delaware, Inc.

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