Job Details

Overview

Universal Health Services, Inc. (NYSE: UHS) is one of the nation's largest and most respected providers of hospital and healthcare services. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and operates acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and related services across the U.S., District of Columbia, Puerto Rico and the United Kingdom. The North Star Behavioral Health network serves around Anchorage, Alaska, offering programs for children, teens and adults with psychiatric or substance abuse issues, including military-focused care at the Chris Kyle Patriots Hospital. UHS aims to provide patient care founded on compassion, respect and evidence-based treatment approaches.

Responsibilities

• Monitors and controls accounts receivables. Oversees Business Office functions to ensure cash collection goals are met and net revenue is properly stated. Facilitates weekly A/R meetings with the CEO and Business Office Manager to communicate results and monitor weaknesses. Monitors and adjusts relationships between the Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves the profitability of the hospital. Continuously monitors costs in all areas, especially staffing relative to patient volume. Monitors payor mix and length of stay to maximize reimbursement. Assists in negotiation of contract terms with third party payers. Prepares pro-forma analyses of new programs and contracts to determine outcomes. Monitors and evaluates the success or failure of implemented programs, including physician arrangements.
• Develops policies and procedures in line with generally accepted accounting principles and corporate guidelines to ensure cash flow, reduce operating costs, and increase revenues.
• Prepares monthly financial statements, financial packages, and other reports/analyses. Performs account analyses, variance analyses, journal entries, and maintains internal controls to reflect monthly operating results accurately.
• Provides required reporting, including reconciliations and account analyses, for the Reimbursement Department, Tax Department and Auditors to aid in report preparation.
• Prepares annual budget in line with UHS standards. Works with management and department heads to review prior results and discuss anticipated changes to highlight future needs and trends. Tailors hospital needs to UHS objectives.
• Performs other duties as assigned.

Qualifications

• Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
• Minimum education requirement of a bachelor's degree; Master's degree preferred.
• Working knowledge of hospital financial operations, federal and local tax regulations; familiarity with all business office, accounting, payroll and other administrative operations including processes from registration through discharge.
• Skilled at interpreting financial analysis and performance information; able to prepare schedules and reports using source data and compiling from schedules; proficient with electronic spreadsheets and manipulating data within databases.
• 2% travel required.

This Opportunity Offers The Following

• Challenging and rewarding work environment
• Growth and development opportunities within UHS and its subsidiaries
• Competitive compensation
• Excellent medical, dental, vision and prescription drug plan
• 401(k) plan with company match
• Generous paid time off
• Relocation benefits
• Bonus opportunity
• UHS stock opportunity

UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc., and a wholly-owned subsidiary of Universal Health Services, Inc. All employment referenced is with one of UHS's subsidiaries. This notice also includes explanations about the relationship between UHS and its subsidiaries and the nature of employment.

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and support recruitment, selection, placement, promotion and compensation without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. We value diversity and inclusion among our teammates.

Notice

At UHS and all subsidiaries, our Human Resources departments and recruiters help prospective candidates match skillsets with the best possible career opportunities. During the recruitment process, no recruiter or employee will request financial or personal information (Social Security Number, credit card or bank details) via email. If you suspect a fraudulent posting or email, please report it at: or call 1-800-852-3449.