Financial Services Analyst - Toronto, OntarioFinancial Service Analyst

　　Job Posting #: 928124

　　Site: Hydro Building- 700 University AvenueDepartment: Finance Corporate Billings & Accounts Receivable & Registration

　　Reports to: Patient Accounts SupervisorHours: 37.5 hours per weekSalary: $50,669-$63,336 annually (To commensurate with experience and consistent with UHN compensation policy)

　　Status: Permanent, Full-TimePosted Date: January 23, 2024Closing Date: February 5, 2024The University Health Network, where “above all else the needs of patients come first”, encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground-breaking firsts and a purpose of “Transforming lives and communities through excellence in care, discovery and learning”, the University Health Network (UHN), Canada’s largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

　　Position SummaryUHN 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.

　　DutiesMonitor and stay current with the Ministry billing guidelines

　　Review, evaluate and submit billings for the WSIB Portfolio

　　Participate in system testing

　　Assist with audits

　　Escalate issues that impact workflow or revenue

　　Ensure Accurate and Timely Billing by working closely with a variety of stakeholders in order to assure reception and submissions of billing files and invoices

　　Liaise with insurers, patient, support workers, and clinical team in a professional manner

　　Review the accuracy of patient data including chart review prior to billing

　　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

　　Prepare monthly, quarterly and yearly financial reports/materials for audit committee

　　Perform ad-hoc financial reports when requested for special projects and other duties as required

　　QualificationsCompletion of a Business Administration or Accounting diploma OR equivalent relevant experience

　　Knowledge of fundamental accounting practices and principles

　　Proven self-learning and initiation skills

　　Excellent organizational and time management skills with the ability to manage competing priorities

　　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

　　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

　　Assets to the role:Experience in healthcare billing

　　Knowledge of Medical Terminology

　　Flexibility with work schedule

　　Why join UHN?

　　In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

　　Competitive offer packages

　　Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/ )

　　Close access to Transit and UHN shuttle service

　　A flexible work environment

　　Opportunities for development and promotions within a large organization

　　Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

　　Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

　　Vaccines (COVID and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.

　　UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known in advance. Any information received related to an accommodation will be addressed confidentially.

　　University Health Network thanks all applicants, however, only those selected for an interview will be contacted.