Job Category:
Administrative JobsPosition Type:
RegularHours Per Week:
Full time 40 hours per weekFT/PT/PD:
Full timeFinancial Analyst is responsible for analyzing, reporting and reconciling financial and revenue cycle data. Assists with the analysis, communication, and understanding of the monthly financial results. Compile and review of general ledger activity to support budget analysis and continuous improvement project initiatives.
Primary responsibilities:
- Daily and weekly reporting of charges, cash, statistics / volume, utilization and other measures for Management and Leadership Dashboards
- Evaluating the productivity of Providers, Clinics, and Departments. Extracting data from various databases (scheduling, billing, financial transactions, etc.), the Analyst will complete weekly and monthly dashboards shared with the Providers, Executives, and Board members
- Analysis and review of Accounts Receivable, including aging, waterfall, DNFB, denials, and other related reconciliations of Hospital billing and collections. Compilation and submission of annual budget, and support the review and analysis of monthly variances with Clinical Operations
- Prepare analysis to assist with various hospital initiatives and ongoing review of key performance indicators
- Primary contact and support for BILH VP Revenue Analysis and Regulatory Reporting. Support the daily, weekly, monthly reporting to BILH and other responsibilities as integrated.
- Primary preparer of regulatory filings by deadlines - including but not limited to federal tax returns (Form 990), cost reports, (Mass DHCFP & Medicare), state (CHIA), city, MHA, payor, and other periodic filings as required.
Education & Experience:
- Preferred 2-5 years of work experience with a Bachelor's Degree in Business, Accounting, Finance or Master degree in related field, a plus
- Experience in Hospital/Healthcare preferred but not required
- Experience in Cerner/Soarian, Epic, Meditech preferred but not required
Qualifications:
- Advance excel skills, including ability to manipulate and analyze large data sets
- Strong attention to detail, critical thinking and problem-solving skills
- Ability to work independently as well as in a team environment and manage multiple projects at the same time
- Solid written and oral communication skills