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 Variance Analyst.
The primary responsibility of the Variance Analyst is the resolution of over and underpayment discrepancies on paid accounts. Assists in review of the PRM and assures properly maintained. Actively participates in contract review. Completes other tasks and assignments in a timely manner.
Key Responsibilities include:
Respond to manager's requests in a timely manner.
Able to recognize any variances regarding payments from all third party carriers.
Advises manager on any discrepancies to ensure that corrections, if applicable are made to each plan.
Corrects all log errors as they occur in a timely and satisfactory manner.
Documents all actions in note screen of Patient Accounting system.
Has a good understanding of all insurance regulations and requirements for accurate maintenance of the cost payer logs.
Posts allowed adjustments as needed to assigned accounts.
Directs any problems with accounts or where additional intervention is needed to management for resolution
Contact third party payers when changes occur in the reimbursement amount to determine of corrections need to be made in the discount.