Contracts Analyst - Associate
University of Arkansas for Medical Sciences
Summary
Contracts Analyst is responsible for managing revenue contracts for departments and services lines across UAMS. The Contracts Analyst provides financial review and oversight of assigned contracts including profitability, billing, collections, and provides various financial reports to department and service line management, leadership, and external organizations. Contracts Analyst builds and maintains relationships with department and services line administrators and staff to assist in overall management of revenue contracts. Contracts Analyst ensures accuracy and timely billing of revenue contracts and resolves collections of past due invoices.
Job description
Summary of Job Duties
Contracts Analyst is responsible for managing revenue contracts for departments and services lines across UAMS. The Contracts Analyst provides financial review and oversight of assigned contracts including profitability, billing, collections, and provides various financial reports to department and service line management, leadership, and external organizations. Contracts Analyst builds and maintains relationships with department and services line administrators and staff to assist in overall management of revenue contracts. Contracts Analyst ensures accuracy and timely billing of revenue contracts and resolves collections of past due invoices.
Key Responsibilities
- Provides financial oversight, analysis, and reporting related to contract profitability, billing, and collections to department and service line management, leadership, and external organizations.
- Manages relationships with department and service line administrators and staff and UAMS customers to provide service and advice as needed related to revenue contracts.
- Monitors and assists in the contract renewal process, working with departments and service lines to ensure renewals are timely and accurate.
- Inputs, verifies, and maintains information in the contract management system.
- Manages processing of Customer Contract invoices in Workday and ensures invoices are timely, accurate, and in accordance with the terms of the contract.
- Monitors and resolves collections of past-due invoices.
- Provides reports to management as scheduled or as needed.
- Completes projects as requested.
Requirements
- Bachelor’s degree in business, finance, accounting, or a related field plus one (1) year of medical revenue cycle experience, or Associate degree in business, finance, accounting, or a related field plus three (3) years of medical revenue cycle or managed care contracting experience, or High School diploma plus five (5) years of medical revenue cycle or managed care contracting experience required.
- Must have Advanced Excel skills.
- Experience in contract & accounts receivable is preferred.
Benefits
- Medical, Dental & Vision
- Holiday, Vacation & Sick Leave
- Education discount
- Retirement plan
- Basic Life Insurance
- Career Training
- Merchant Discounts
- Concierge prescription delivery
Company overview
The University of Arkansas for Medical Sciences (UAMS) is Arkansas' only comprehensive academic health sciences university and the state's largest public employer. Founded in 1879 by eight physicians, UAMS has evolved into a statewide health system encompassing six colleges: Medicine, Pharmacy, Nursing, Health Professions, Public Health, and Graduate School. As a premier academic medical center, UAMS combines education, research, and clinical care through its UAMS Medical Center, which serves as Arkansas' only adult Level 1 trauma center and the state's sole provider of adult kidney, liver, and pancreas transplants. The institution operates with a $1.3 billion budget and generates over $100 million in annual research funding, maintaining internationally recognized programs in multiple myeloma, aging, and other specialized areas. UAMS supports over 3,000 students, 900 medical residents and fellows, and maintains affiliations with Arkansas Children's Hospital and the Central Arkansas Veterans Healthcare System. With eight regional campuses across Arkansas, UAMS provides extensive community outreach and telehealth services, ensuring healthcare access throughout the state while contributing approximately $3.92 billion annually to Arkansas' economy.