University of Massachusetts Medical School

Healthcare Data Analyst - HCFS

Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Business Administration, Accounting, Health Care Financing, or related field.
  • 3-5 years of experience in federal claiming or medical billing.
  • Proficient in creating complex spreadsheets and reports using Microsoft Excel and Access.
  • Strong analytical and auditing skills with a focus on problem-solving.
  • Ability to manage details, multi-task, and meet deadlines in a dynamic environment.
  • Excellent organizational and interpersonal skills.

Responsibilities

  • Develop and manage financial and program performance reports for various audiences.
  • Conduct compliance reviews of program data for quality assurance.
  • Analyze complex data sets to inform management decisions and monitor changes.
  • Troubleshoot issues related to program systems and assist external users.
  • Design and maintain internal controls to ensure data accuracy.
  • Compile and review financial data for approval and distribution.
  • Prepare financial data for submission ensuring regulatory compliance.

Benefits

  • Opportunity to work with large and complex datasets.
  • Engagement in a fast-paced, deadline-driven environment.
  • Chance to explain and communicate important reimbursement methodologies to various stakeholders.
  • Collaboration with management for decision-making and problem resolution.
  • Preservation of confidential health information.
Full Job Description
Overview

Under the direction of the Program Director or designee, the Health Care Data Analyst is responsible for developing and maintaining financial, claim-related and program performance reporting database(s), reports and processes, applying their knowledge of state and federal requirements and detailed program guidelines and reimbursement methodologies. The Health Care Data Analyst works with and analyzes large and complex datasets and synthesizes information to meet a variety of management reporting needs and client ad-hoc report requests. Operational duties include completion of tasks required to ensure quality and accuracy of health care claiming and cost reporting data and preparation of financial and other claim-related reporting in a deadline-driven and fast-paced environment. Communication skills are required to be successful in this role as frequent communication occurs related to explaining program reimbursement methodology requirements to clients and other stakeholders.

Responsibilities
• Develop and maintain data-driven financial, claim-related, and program performance reports for internal management and external client audiences.
• Perform compliance reviews of program data, including claims, payments, payment or costs settlement report data for quality assurance and program integrity purposes.
• Analyze large, complex data sets to quantify and resolve problems, inform management decisions, monitor program changes and their impact, and communicate important information for internal management and external clients.
• Apply knowledge of program systems to identify and troubleshoot issues, participate in testing of software changes and assist clients and external users to effectively use the program's systems and applications.
• Assist in the design and maintenance of internal controls to ensure quality and accuracy of business unit's work products.
• Compile and review claims, payments and/or other financial data for approval or distribution
• Identify and resolve any discrepancies, questions or outstanding issues related to claims, payments or other financial data for approval or distribution including coordination with internal staff, health plans, clients, or systems staff.
• Prepare financial/claims data for final submission and ensure the quality of the data is accurate and meets regulatory compliance, financial and/or other contractual requirements.
• Apply knowledge of state and federal program requirements, program guidelines and reimbursement methodologies in all aspects of work.
• Design and produce ad-hoc reports to meet internal management and client requests for data to inform decision-making and to fulfill public records requests.
• Complete and synthesize analysis of claims, payments and/other financial data to report to appropriate internal and external stakeholders.
• Utilize verbal and written communication skills to effectively communicate program information and explain requirements and methodology to various clients and external users of Umass Chan systems and applications.
• Complete tasks required for the preparation and conclusion of the program's operational, financial or other contractual deadlines including set-up and maintenance of required claiming variables, notifications to clients and other stakeholders of deadlines, claim status, and actions needed.
• Preserve confidential, protected health and personally identifiable information and files.
• Perform related duties as needed and as assigned.

Qualifications

REQUIRED EDUCATION
Bachelor's Level Degree or equivalent in Finance, Economics, Business Administration, Accounting, Health Care Financing, or a related field

REQUIRED WORK EXPERIENCE
• 3-5 years of federal claiming, medical billing other related financial experience.
• Demonstrated ability to create complex spreadsheets and reports, using Microsoft Excel, Microsoft Access and/or other systems as necessary and available.
• Strong analytic and auditing skills.
• Proven competence in independent problem solving and quality control measures.
• Demonstrated ability to handle details, multi-task, and prioritize work.
• Strong organizational skills and proven ability to prioritize and coordinate multiple tasks and meet deadlines in dynamic environment.
• Excellent interpersonal skills.

About University of Massachusetts Medical School

The University of Massachusetts Medical School (UMMS) is a world-class research institution with a uniquely collaborative spirit, that consistently produces noteworthy advances in clinical and basic research. The school is located in Worcester, Massachusetts and is part of the University of Massachusetts system. UMMS is dedicated to advancing the health and well-being of the people of the commonwealth and the world through pioneering advances in education, research, and health care delivery. The school is home to three Nobel laureates, 25 research centers, and a faculty of more than 1,200 physicians, scientists, and health care professionals.
Learn more about University of Massachusetts Medical School
Size
6,000 employees
Industry
Founded
1894

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