Financial Analyst- Onsite Position
Company: WMCHealth
Location: Valhalla
Posted on: October 22, 2024
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Job Description:
Job Summary: The Onsite Financial Analyst applies principles of
accounting to analyze and record financial information and prepare
reports by compiling information and utilizing accounting control
procedures.
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Responsibilities:
- - - - - - - - - Interact with internal and external parties to
produce, distribute, and present both regular reports at fixed
calendar intervals and ad-hoc analyzes related but not limited
to:
o - - - Medical practice financial.
o - - - Professional billing revenue cycle reporting for historical
and projected payments, billed charges, AR, payor mix, billing
throughput and other performance statistics.
o - - - Physician and Mid-level provider productivity, utilization,
patient referrals, Benchmarking.
o - - - Routine revenue integrity audits.
o - - - 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.
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- - - - - - - - - Assist in due diligence and onboarding process
for new provider / practice acquisitions.
o - - - Perform productivity and financial analyzes on new groups
to determine appropriate compensation and forecast financial
performance.
o - - - Coordinate with practice operations and physician leaders
to develop and oversee transition plan for capital assets, existing
leases, service contracts and vendors.
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- - -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.a---a---a---a---a---a---
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**No remote, no hybrid**
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Qualifications/Requirements:
Experience: Healthcare finance experience is highly preferred.
-**No remote, no hyrbrid**
Education: -Bachelors degree, required. Master's degree,
preferred.
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Licenses / Certifications: -N/A
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Other: -
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Special Requirements: Intangibles - The ideal candidate:
- - - - - - - - - Displays industry specific knowledge and has
experience with healthcare finance, medical practice operations and
professional billing.
- - - - - - - - - Knowledge of finance, accounting, budgeting and
cost control principles including Generally Accepted Accounting
Principles. -
- - - - - - - - - Has demonstrated proficiency in Microsoft Excel.
Preferred experience with Access/SQL Databases, Cerner Millennium
or other EMR/Billing system, ERP/Finance systems
- - - - - - - - - Exhibits independent decision making within the
scope of job duties.
- - - - - - - - - Displays critical thinking to proactively
diagnose root cause of issues and develop solutions.
- - - - - - - - - Has the ability to independently obtain, vet,
analyze, and accurately summarize data using all tools
available.
- - - - - - - - - Clearly and accurately communicate data, report
results, and other findings both in writing and verbally.
Keywords: WMCHealth, Stamford , Financial Analyst- Onsite Position, Professions , Valhalla, Connecticut
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