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 81,000 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.
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 CFO's 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.