Financial Analyst- Onsite Position

Health Alliance of Hudson Valley • Valhalla, NY

69d

About The Position

The Financial Analyst applies principles of accounting to analyze and record financial information and prepare reports by compiling information and utilizing accounting control procedures.

Requirements

• Healthcare finance experience highly preferred.
• Bachelors degree, required.
• Masters degree, preferred.

Responsibilities

• Interact with internal and external parties to produce, distribute, and present both regular reports at fixed calendar intervals and ad-hoc analyses related but not limited to medical practice financials.
• Professional billing revenue cycle reporting for historical and projected payments, billed charges, AR, payor mix, billing throughput and other performance statistics.
• Physician and Mid-level provider productivity, utilization, patient referrals, Benchmarking.
• Routine revenue integrity audits.
• Inter-WMC Health Network entity related expense and revenue allocation.
• Serve as a subject matter expert for all financial, EMR/Billing and other decision support systems, including maintenance and delivery of current data download routines, report writing/query procedures, and knowledge of all data elements available.
• Recommend, develop and maintain financial databases, computer software systems and data filing systems and processes.
• Prepare and review budget, revenue, expense, payroll entries, invoices and other accounting documents.
• Review invoices and coordinate payment through Accounts Payable.
• Develop the annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations and other administrative actions.
• Assist in due diligence and onboarding process for new provider / practice acquisitions.
• Perform productivity and financial analyses on new groups to determine appropriate compensation and forecast financial performance.
• Coordinate with practice operations and physician leaders to develop and oversee transition plan for capital assets, existing leases, service contracts and vendors.
• Maintain existing portfolio of Inter-WMC Health Entity agreements and develop models for new agreements in order to forecast, track and reconcile financial impact of agreements and communicate with appropriate network finance parties.
• Other regular duties and projects as assigned.

What This Job Offers

• Industry: Hospitals
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees