Financial Specialist - (Revenue Integrity - Raleigh) - Full-time Day
WakeMed Health & Hospitals
Location: Raleigh, North Carolina
Internal Number: 44238
About WakeMed: Serving the community since 1961, WakeMed Health & Hospitals is a nationally recognized, private, not-for-profit health care organization founded and based in Raleigh, N.C. The largest health system in Wake County, WakeMed exists to improve the health and well-being of our community by providing outstanding, compassionate, patient- and family-centered care to all. The 919-bed system comprises a network of facilities throughout the Triangle area, delivering health and wellness services that bring added value to the communities we serve. WakeMed is a leader in cardiac and vascular care, women's and children's services, emergency medicine and trauma care, physical rehabilitation, orthopaedics and neurosciences. Specialty facilities include the WakeMed Heart Center, Children's Hospital, Women's Pavilion and Birthplace, Rehabilitation Hospital, Adult and Children's Emergency Departments and a Level 1 Trauma Center. WakeMed's team of more than 9,400 employees, 2,000 volunteers, 1,300 affiliated physicians, and the more than 300 physicians employed by WakeMed Physician Practices use the most advanced technologies along with the best minds and the biggest hearts to ensure the finest quality in health care and community health. For more information, visit www.wakemed.org.
As an Equal Opportunity Employer, WakeMed provides an inclusive work environment that promotes the valuing of differences, respect for people and cooperativeness among our diverse workforce. WakeMed does not discriminate against any employee or applicant in any terms or conditions of employment. All applicants/employees are considered for employment, transfer, promotion or training without regard to race, religion, color, gender, gender identity/expression, genetics, sexual orientation, age, pregnancy, national origin, disability or veteran status.
Position Information: The Financial Specialist leads special projects regarding revenue recovery & integrity across all lines of business for both Revenue Integrity and Claims & Billing. Works to develop and track meaningful metrics and key performance indicators related to denials management, avoidable write-offs (AWO) prevention and various Revenue Cycle components which require an expert level of proficiency in Excel and Tableau. Quantifies trends and measures opportunities to increase net revenue with source identification and root cause resolution of denials and avoidable write-offs. Responsible for communicating with operational and technical departments to correct deficiencies and requires a high level of customer service skills to establish and enhance positive relationships with key stakeholders and departments and is an active participant in the AWO/Denial Committee Meetings. The Financial Specialist may also assist with directing the efforts of other staff members involved in revenue recovery projects and improvement of workflows. #LI-post
Experience Requirements: 3 Years Accounting/Finance - Finance Or Accounting/Finance - Billing Or Information Technology - Technical - Healthcare Or Project Management Required
Education Required: Bachelor's Degree Healthcare Or Business Or Related Field Required
Licensure/Certification Requirements: Not Applicable
At WakeMed Health & Hospitals, we are guided by a simple – yet powerful mission: to improve the health and well-being of our community by providing outstanding and compassionate care to all.To deliver on this mission, WakeMed employs the “best minds and the biggest hearts” in the business. Our team includes over 8,500 experienced registered nurses, technologists, medical professionals, support staff, and a medical staff of more than 1,200 physicians and advanced practice providers who are dedicated to putting patients first.When it comes to culture and benefits, we recognize that when we take good care of our employees, our employees can take even better care of our patients. We proudly offer competitive salaries that reflect background, experience and special skills. Our benefits programs are designed to give you and your family the support you need for today while planning for a successful tomorrow. We promote diversity in the ...workplace, provide equal employment opportunity for all qualified applicants, and we participate in E-verify.We think it’s pretty simple – we care for our employees and our employees care for the community.
We believe that good health is the cornerstone of progress. We are firm in our resolve to make exemplary health care accessible and affordable to all, dedicated to lowering the high rate of cardiovascular disease, including stroke, in minority populations and committed to advocacy and diversity. We are guided by ethical principles in all transactions and strive for excellence in our training and skills.