Financial Analyst Company: NorthEast Provider Solutions Inc. City/State: Hawthorne, NY Category: Clerical/Administrative Support Department: Business Office Union: No Position: Full Time Hours: M-F 9-5 Shift: AM Req #: 38719 Posted Date: Jun 19, 2024 Hiring Range: $41.65 - $52.36 Apply Now External Applicant link (ealthcaresource.com/cs/wmc1/#/preApply/26632) Internal Applicant link Job Details: Job Summary: The Financial Analyst applies principles of accounting to analyze and record financial information and prepare reports by compiling information and utilizing accounting control procedures. 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. · 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. · 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. Qualifications/Requirements: Experience: 3 years finance/accounting experience, required. Healthcare finance experience preferred. Education: Bachelors degree in Accounting, Finance, Business Administration, Hospital Administration, or a closely related field, required. Masters degree, preferred. Licenses / Certifications: N/A Other: 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. About Us: NorthEast Provider Solutions Inc. Benefits: We offer a comprehensive compensation and benefits package which includes: + Health Insurance + Dental + Vision + Retirement Savings Plan + Flexible Saving Account + Paid Time Off + Holidays + Tuition Reimbursement Apply Now External Applicant link (ealthcaresource.com/cs/wmc1/#/preApply/26632) Internal Applicant link Talent Community Search Jobs Hiring Events (rg/job-events-list/)