Sr Financial Analyst (Governmental Reimbursement)
About The Position
NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. For the fourth consecutive year, Vizient Inc. ranked NYU Langone No. 1 for quality care in the nation and U.S. News & World Report recently placed 12 of its clinical specialties among the top 10 in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health. For more information, go to NYU Langone Health [http://nyulangone.org/], and interact with us on LinkedIn [https://www.linkedin.com/company/nyulangonehealth/?viewAsMember=true], Glassdoor [https://www.glassdoor.com/Reviews/NYU-Langone-Health-Reviews-E121521.htm], Indeed [https://www.indeed.com/cmp/Nyu-Langone-Health/reviews], Facebook [http://facebook.com/NYULangone], Twitter [http://twitter.com/nyulangone], YouTube [http://www.youtube.com/user/nyulmc] and Instagram [http://instagram.com/nyulangone]. Position Summary: We have an exciting opportunity to join our team as a Sr Financial Analyst (Governmental Reimbursement). In this role, the successful candidate with the Decision Support, Strategy & Governmental Reimbursement Team (DSS & Gov) Overview: The Decision Support team is an essential asset to the health system, providing Cost Accounting, benchmarking, regulatory reimbursement, and analytical services to inform sound business decisions across the institution. The team's reimbursement function encompasses Medicare and Medicaid cost report preparation, third-party payer analysis, government program compliance, and revenue optimization strategies. The team is comprised of 25 FTEs and supported by a fully dedicated IT group. The Decision Support team partners directly with clinical, operational, and cross-functional teams across the enterprise to inform and assist in the achievement of institutional goals. Under the guidance of the Assistant Director of Governmental Reimbursement, the Senior Financial Analyst (SFA) is responsible for providing comprehensive accounting and financial analysis in support of the Reimbursement Department. This role plays a critical part in ensuring the accurate and timely preparation of regulatory cost reports, government program submissions, and third-party reimbursement analyses. The SFA will collaborate cross-functionally with Finance, Revenue Cycle, Treasury, and clinical departments to optimize reimbursement outcomes while maintaining strict compliance with applicable federal and state regulations. This position requires strong analytical capabilities, proficiency in advanced data tools and financial systems, and the ability to manage complex datasets and regulatory requirements in a dynamic healthcare environment.
Requirements
- Bachelors degree with a major in a business subject (e.g. accounting, finance, economics)
- 3-5 years of related experience
- excellent oral and written communication skills
- analytical skills
- problem solving skills
- a comprehensive knowledge all applications within Microsoft Office; specifically with Excel.
Nice To Haves
- Master's degree or CPA with specific experience in hospital reimbursement, cost report preparation designation a plus.
- High-level of proficiency in Excel
- Extensive experience in data transformation/manipulation
- Basic understanding of database relationships and structures
- Experience in Business Intelligence/visualization tools (i.e. Tableau, Power BI)
- Familiarity with AI-assisted tools for data analysis, research, and workflow automation (e.g., ChatGPT, Claude, Copilot)
- Qualified candidates must be able to effectively communicate with all levels of the organization.
Responsibilities
- Assist in the preparation and filing of the NYS Institutional Cost Report (NYSICR) and Medicare 2552 cost report submissions.
- Prepare exhibits and schedules related to expenses, operating revenues, reclassifications, recoveries, and statistical allocations.
- Prepare and submit monthly NYS DOH pool submissions accurately and on a timely basis.
- Assist in the completion of routine and special regulatory reports and surveys.
- Assist in submitting Medicare and Medicaid provider enrollment applications and supporting documentation in compliance with CMS regulations, state Medicaid agency requirements, and applicable local guidelines.
- Facilitate the analysis of third-party rate accounts and payer contracts.
- Assist in the calculation of monthly Medicare revenue accruals by updating PS&R and patient statistical data.
- Reconcile and summarize cash receipt amounts detailed on Treasury department reports.
- Support the gathering and compilation of quarterly physician time studies.
- Participate in both internal and external audits by providing supporting documentation in a timely manner.
- Maintain trustworthiness and integrity; respect and uphold the confidentiality of all financial and patient information.
- Package and summarize analytical findings with clear understanding of results and thoughtful recommendations
- Independently develop analytical frameworks for large, complex data sets and exercise discretion and judgement in analytical approach
- Proactively communicate to management any arising issues or barriers to meet timelines/deliverables
- Identify opportunities for continuous improvement (e.g. improving data integrity, process flow); act independently on resolving / improving
- Demonstrate initiative for taking on new tasks or responsibilities. Exhibits creative thinking by suggesting alternative and innovative solutions to problems encountered
Benefits
- financial security benefits
- a generous time-off program
- employee resources groups for peer support
- holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
