Job Description

JOB POSTING # 904481

Position: Financial Service Analyst
Site: UHN Corporate Finance – OPG building
Department: Finance – Corporate Billing & Accounts Receivable & Registration
Reports to: Supervisor and Manager
Status: Permanent, Full-Time UHN Corporate Billing & Accounts Receivable & Registration (CBARR) is a high-volume, fast-paced department responsible for revenue through billing and collection. The Financial Services Analyst plays a key role in supporting the management of patient billings and collection contributing to revenue and cash flow maximization. This role will focus on our Healthcare billing portfolios; it will include performing regular weekly and monthly submissions, error corrections and reporting. Responsibilities: Provide Subject Matter Expertise on responsible insurers

• Monitor and stay current with the Ministry billing guidelines
• Review, evaluate and submit billings for the Out of Province Portfolio
• Update or escalate to management with regards to changes that impact workflow or revenue; participate in system testing should it require a change in the system
• Assist with audits

Ensure Accurate and Timely Billing

• Liaise with insurers, patient, support workers, and clinical team in a professional manner
• Work closely with a variety of different stakeholders in order to assure the timely reception and submissions of billing files
• Review the accuracy of patient data including chart review prior to billing
• Timely invoice submission

Ensure Timely Collection

• Maintain healthy aging portfolio by following up persistently on overdue accounts
• Review Payment Summary
• Investigate rejection timely to rebill or appeal as appropriate to minimize write-off
• Perform cross-functional duties consistent with the job classification, as required

Reporting Duties

• Prepare monthly, quarterly and yearly financial reports/materials for audit committee.
• Perform ad-hoc financial reports when requested for special projects
• Other Analyst duties will be requested as required

Qualifications:

• Completion of a Business Administration or Accounting diploma OR equivalent relevant experience
• Knowledge of fundamental accounting practices and principles
• Proven self-learning and initiation skills; work independently and efficiently with minimal supervision
• Excellent organizational and time management skills with the ability to manage competing priorities under stressful conditions to meet tight deadline with minimal direction
• Excellent interpersonal and communications skills both verbal and written
• Demonstrated commitment to customer service and satisfaction
• Excellent attention to detail with proven analytical and problem solving skills
• Ability to identify gap and propose solutions
• Computer literacy with working knowledge of Microsoft Word and Excel, with an aptitude for learning new computer applications quickly
• Ability to discuss Financial coverage with patients and/or family members

Preferred:

• Experience in healthcare billing
• Knowledge of Medical Terminology
• Flexibility with work schedule

Vaccines (COVID-19 and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code. POSTED: August 17, 2022 CLOSING DATE: Sept 2, 2022 For current UHN employees, only those who have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, and possess all the required experience and qualifications should apply. University Health Network thanks all applicants, however, only those selected for an interview will be contacted. UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity and welcomes all applicants including but not limited to: all religions and ethnicities, LGBTQ2s+, BIPOC, persons with disabilities and all others who may contribute to the further diversification of ideas. Requests for accommodation can be made at any stage of the recruitment process providing the applicant has met the Bona-fide requirements for the open position. Applicants need to make their requirements known when contacted.