Revenue Cycle Vendor Management Specialist

Current Employees:

If you are a current Staff Faculty or Temporary employee at the University of Miami please click here to log in to Workday to use the internal application process. To learn how to apply for a faculty or staff position please review this tip sheet.

The University of Miami/UHealth Central Business Office has an exciting opportunity for a full-time Revenue Cycle Vendor Management Specialist (H) to work in remotely. This Revenue Cycle Vendor Management Specialist assists with all aspects of UHealth Revenue Cycle Vendor partnership relationship management including but not limited to onboarding new vendors ensuring appropriate vendor access monitoring performance and operations invoice confirmation/reconciliation vendor payment and evaluating cost savings through vendor contract management across the system. Furthermore the incumbent assists with data reviews analysis audits and collaborates with Revenue Cycle Leadership and vendor leadership to present findings identify opportunities for improvements and/or cost savings and pursue those improvements.

CORE JOB FUNCTIONS

• Assists with vendor relations performance operations and contract management across UHealth Revenue Cycle.

• Supports key relationships to achieve top performance and operations.

• Liaises between vendor and Revenue Cycle Leadership to communicate and facilitate issue resolution.

• Onboards new vendors through coordination with IT Training and applicable revenue cycle departments.

• Proactively communicates plans and processes for new vendors to Revenue Cycle Leadership.

• Maximizes economies of scale revenue opportunities and available cost savings through effective contract management; audit/approve vendor invoices for accuracy.

• Contributes to the proper vendor controls and measures in place to establish and manage vendor performance and scorecards.

• Establishes new vendor goals objectives and the creation of key metrics to best represent vendor performance and the key accountabilities of the vendor management team.

• Effectively influences and drives vendor behavior to deliver continuous improvement in vendor performance.

• Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures. Ensures employees are trained on controls within the function and on University policy and procedures.

Department Specific Functions

Specialist role with a strong financial analytical and reporting focus. The incumbent independently analyzes vendor spend and invoice data owns Excel based reporting and proactively identifies trends variances and financial risks without step-by-step guidance. This is not a coordinator or administrative role. The specialist serves as an analytical extension of Revenue Cycle Vendor Management leadership in a fast-changing environment.

• Independently owns recurring and ad hoc financial reporting related to vendor spend invoices and budget tracking.

• Analyzes vendor spend and invoice data to identify trends variances anomalies and financial risks and summarizes findings with recommended actions.

• Develops standardizes and maintains Excel-based financial reporting tools templates and dashboards as business needs evolve.

• Supports annual and multiyear vendor budget development through variance analysis forecasting support and documentation of assumptions.

• Provides financial analysis support for RFPs RFQs and vendor evaluations including review of fee models and projected cost impacts.

• Independently investigates financial or reporting data discrepancies documents root cause and confirms resolution.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS

• High School Diploma or equivalent/relevant experience certification or license. Associates degree in Business Finance Healthcare Administration Analytics or a related field preferred.

• Minimum 1 year of relevant experience.

• 3 years of experience working with healthcare revenue cycle data vendor invoicing contract-based fee models or financial and reporting analytics in a healthcare environment preferred.

• Microsoft Excel certification required or strongly preferred or demonstrated equivalent advanced Excel proficiency.

• Learning Agility: Ability to learn new procedures technologies and protocols and adapt to changing priorities and work demands.

• Teamwork: Ability to work collaboratively with others and contribute to a team environment.

• Technical Proficiency: Skilled in using office software technology and relevant computer applications.

• Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.

This is a core job profile description and is not reflective of all duties that may be assigned to a specific position in each individual department. The above statements are intended to describe the general nature and primary responsibilities of this core job profile. Specific duties and tasks may vary based upon departmental needs. Other duties may be assigned to the above consistent with the knowledge skills and abilities required for the job.

Any relevant education certifications and/or work experience may be considered.

#LI-NN1

The University of Miami offers competitive salaries and a comprehensive benefits package including medical dental tuition remission and more.

UHealth-University of Miami Health System South Floridas only university-based health system provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center we are proud to serve South Florida Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching research and patient care. Were the challenge youve been looking for.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.

Job Status:

Employee Type: