Accounting Manager at Vaco, LLC
Chadds Ford, PA 19317
About the Job
We are looking for candidates with hands on ASC 954 experience and its various sub-categories such as:
-An understanding of the fundamental characteristics of the revenue cycle in health care services transactions including parties to revenue transactions, patient billing systems and “gross charges”, dealing with contra-revenue accounts that include contractual allowances or adjustments, discounts, charity care, and allowances for implicit price concessions.
-Understanding how relationships with third-party payers (or when patients are uninsured, the lack of a relationship) play a significant role in how health care is purchased
-Understanding of third-party payment methodologies including fee schedules, per diem, fee for service, and per case (per discharge, per encounter, per visit) models.
-Experience with In-Network, Out-of-Network, and Medicare and Medicaid billing and revenue recognition is also greatly desired for this role.
Any experience working with creating, following, and streamlining metrics related to these important billing KPIs and metric areas would be highly beneficial as well:
-Billing Accuracy
-Claim Rejection Levels
-Denial Levels
-Denial Resolution Levels
-Third Party Payor Collection activity
-Patient Direct Collection activity
-Aging report stages
-Reporting for all above areas and presenting to Executive team when needed
Salary level for this opening will be in the 125k to 140k range depending on experience and how things progress during the interview process. If you are interested, please apply and I will contact you to schedule a confidential phone call to discuss the opening and our client in more detail.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.