Analyst, AR Revenue
Fraser Health Authority
New Westminster, BC-
Number of positions available : 1
- Salary To be discussed
- Published on March 28th, 2025
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Starting date : 1 position to fill as soon as possible
Description
The salary range for this position is CAD $38.12 - $54.80 / hour
Job Summary
We invite you to apply today and find out why employees recommend Fraser Health to their friends as an exceptional place to work. We are committed to planetary health, we value diversity in the work force and seek to maintain an environment of Respect, Caring and Trust.
Fraser Health is the second largest health system in Canada with over 45,000 staff, medical staff and volunteers, and is the largest of five regional health authorities in British Columbia, providing hospital and community-based health services to nearly 2 million people in Metro Vancouver and the Fraser Valley.
Are you driven by problem-solving and eager to deliver impactful solutions? Do you take pride in owning your performance while demonstrating integrity, resilience, and confidence? If so, we invite you to explore the exciting opportunity of joining our team as a Full-Time Analyst, AR Revenue.
As part of our Finance - Accounts Receivable team, you'll play a key role in shaping success and fostering excellence. Based at our Uptown Latitude Building in New Westminster, BC, you'll have the chance to bring your strategic mindset, passion for effective communication, and leadership abilities to a team committed to delivering outstanding service.
We are committed to planetary health, value diversity in the workplace, and seek to maintain an environment of respect, caring and trust. Come work with us!
Detailed Overview
Supporting the Vision, Values, Purpose and Commitments of Fraser Health including service delivery that is centered around patients/clients/residents and families:
Reporting to the Manager, the Analyst oversees the revenue managed by the Accounts Receivable Department for Fraser Health (FH). Also responsible for providing revenue optimization advisory services to Clinical departments and Finance leaders. Reviews and analyzes actual revenues generated, collections and write-offs in comparison to budget. Assesses opportunities to optimize revenue and makes recommendations on strategies for improvement. Researches and advises on emerging issues in healthcare insurance. Maintains relationships with third party billing partners. Supervises and provides work direction to designated staff.
Responsibilities
- Reviews and analyzes all revenues, collections and write-offs for all revenue sources managed by the Accounts Receivable department. Assesses revenue performance in relation to budget and best practice. Provides reports and briefing documents of assessment results and makes recommendations on appropriate courses of action to the Manager and/or Clinical department leaders for implementing corrections or improvements.
- Responsible for the accounting and reporting of all revenue managed by the Accounts Receivable department including providing revenue data for FH's financial statements for review and distribution to FH Executive and Board. Analyzes data and provides justifications for variances.
- Makes recommendations for the preparation of the annual revenue budget based on historical data and emerging trends in the economy. Provides trend and variance analyses, and forecasts revenue in collaboration with FH Financial Planning and Corporate Finance.
- Works with and leads Clinical departments in the identification, development and implementation of revenue optimization strategies by analyzing the timing and collectability of patient accounts, advising and supporting Clinical leaders on non-resident patient repatriation processes.
- Researches and provides guidance to the Manager regarding emerging issues in worldwide healthcare insurance in order to maximize the collectability of non-resident patient accounts across the health authority.
- Maintains the relationship with third party billing and collection agencies that support the Accounts Receivable department in maximizing the amount and collectability of non-resident and long-term care patient accounts including managing new request for proposal processes.
- Coordinates with other health authorities and FH Legal Services department on a variety of issues including patient insurance matters, patient payment plans, emerging trends in collections and other issues relating to maximizing revenue for FH.
- Supervises designated staff, evaluates staff development needs, and determines training and orientation requirements. Recruits staffs, conducts interviews, evaluates employee performance and participates in related human resource matters such as disciplinary meetings or employee terminations, as required.
- Leads and supports staff in reconciling problem patient accounts. Acts as an expert liaison between the Manager and the staff by troubleshooting problems and working through complex issues.
- Participates in strategic planning and change management services by assisting the Manager in discussions on projects that include confidential initiatives such as the allocation of budget, restructuring of programs/services, and staff makeup and composition.
- Participates on internal and external committees, as assigned.
Education and Experience
Completion of CPA recognized professional accounting designation and/or university degree in Commerce, Business, Finance or Health Administration.
Minimum five (5) years' recent related financial/management accounting experience or an equivalent combination of education, training and experience.
Competencies
Demonstrates the leadership practices of the Fraser Health Leadership Framework of Clear, Caring and Courageous and creates the conditions for people to succeed.
Professional/Technical Capabilities:
- Demonstrated knowledge of preferred accommodation concepts and processes within the health care environment
- Demonstrated ability to develop processes that are consistent with program policies and guidelines
- Demonstrated ability to collaborate within a team environment
- Demonstrated ability to be effective in an environment subject to continuous change
- Demonstrated ability to plan, prioritize, problem solve and organize
- Demonstrated ability to deal with others effectively, exercising tact and diplomacy with respect for confidentiality of patient information
- Ability to operate related equipment including applicable software applications
- Physical ability to perform the duties of the position
About Fraser Health
Fraser Health is the heart of health care for over two million people in Metro Vancouver and the Fraser Valley in British Columbia, Canada, on the traditional, ancestral and unceded lands of the Coast Salish and Nlaka’pamux Nations and is home to 32 First Nations within the Fraser Salish region.
People - those we care for and those who care for them - are at the heart of everything we do. Our hospital and community-based services are delivered by a team of 48,000+ staff, medical staff and volunteers.
We are committed to planetary health and value diversity in the work force. We strive to maintain an environment of respect, caring and trust. Fraser Health’s hiring practices aspire to ensure all individuals are treated in an inclusive, equitable and culturally safe manner.
Together, we are the heart of health care.
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IMPORTANT: Recruitment scam warning
Please be on alert for recruitment scams. We are aware of several scams targeting individuals by falsely claiming to represent Fraser Health. Always take precautions when sharing personal details with unverified sources. Please note that we will never ask for money or payment, nor ask you to download or install an app at any point during our recruitment process.
Requirements
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