The posting
Default Work Shift:
Day (United States of America)
Hours:
40
Salary range:
$37.19 - $56.49
Schedule:
Full Time
Shift Hours:
8 Hour employee
Department:
Finance-Corporate
Job Objective:
Responsible for auditing and maintaining the patient-level financial and clinical data in Eisenhower’s decision support system to ensure production of high quality, accurate and timely patient-level financial and clinical data for our Finance and Operational business partners. Develops reports and performs analysis to inform the medical center or health system's operational, financial and strategic decision making. Supports the planning process through the development of a case-based operating budget for patient volume and gross revenue. Develops service line profitability, cost category and utilization reporting for assigned service lines, reviewing cost accounting results and providing updates to the system and other service line reporting. Assists with developing measurement and benchmarking of business operations in relation to best business practices for the healthcare industry and internal business objectives.
Job Description:
Education:
Required: Bachelor's degree in Finance, Accounting or related field Preferred: Master's degree in Health Administration, Business Administration, Finance, Analytics or related field
Licensure/Certification: N/A
Experience: Required: Three (3) years of decision support or financial analyst experience Preferred: Experience with Professional billing implementation; experience with Strata software
Reports To: Director-Decision Support and Financial Planning Supervises: N/A Ages of Patients: N/A Blood Borne Pathogens: Minimal/ No Potential
Skills, Knowledge, Abilities:
Ability to communicate and collaborate with multiple levels of leadership on all/any new information or changes that impact their utilization of DSS deliverables, Ability to work with all organizational levels while exhibiting friendliness, tact, courtesy and professionalism, Actively and honestly communicates relevant information to senior management and other team members in a timely manner, taking necessary precautions to guard confidential information, Advanced excel skills and comfortable in MS Office other products, sql pro, Advance knowledge of 1206D Clinic Experience, Legislation and potential changes and financial impacts, Site Neutrality, Split Billing, CMS regulations and physician fee schedule developments and necessary implementations and impacts, Physician wRVU analytics and compensation, provider and facility reimbursement concepts, Demonstrated advanced level of analytical skill and the ability to anticipate questions and address information needs providing comprehensive analyses, Evidence of sound critical thinking skills and the ability to think strategically, General health care organizational structure and familiarity with financial program components, Knowledge in the overall field and recognized expertise in specific areas assigned; problem-solving frequently requires analysis of unique issues / problems without precedent and / or structure. May lead projects that include formulating strategies and administering processes and coordinating resources; functions with a moderate degree of autonomy, Knowledge of general principles and practices of financial management in the health care field, including both expense and reimbursement requirements and management, Understanding of hospital and professional patient billing data including healthcare reimbursement concepts
Essential Responsibilities
1. Demonstrates compliance with Code of Conduct and compliance policies and takes action to resolve compliance questions or concerns and report suspected violations.
2. Assists in maintaining the critical Strata Cost Accounting functions including the monthly processes for General Ledger, Payroll, Cost Accounting; assists in ensuring financial structures for all business areas are complete, provider updates are completed, and any data anomalies are corrected.
3. Audits, validates and monitors the data integrity of the decision support data, volumes, statistics and dollars; reconciles to source systems.
4. Runs and validates service line profitability reporting, costs and utilization to ensure the timely publication and accuracy of the monthly service line financial statements to senior leadership in support of potential future investments and expansion.
5. Prepares revenue/expense projections based on patient utilization, payor mix, cost, staff productivity, ancillary service requirements, and other health care financial factors for assigned service lines; assists with complex analyses and projects by developing and preparing various analytics and leadership reports as needed; prepares summaries of findings.
6. Actively engages in ongoing and special projects to improve the quality, accuracy and value to Eisenhower Health of Decision support deliverables. This may include: optimization of reporting tools, development of new financial metrics, streamlining standard processes and establishing/updating documentation, and refinement and improvement financial data.
7. Supports continuously enhancing the cost accounting system through working with departments for alignment of volume and expense and improved allocation of expenses.
8. Supports the monthly review with managers of cost center variances and labor productivity.
9. Analyzes trends in key performance indicators and shares findings with team and leadership.
10. Develops improved methods of monitoring and reporting operation and/or quality performance data.
11. Supports the annual budget process with volume projections and works with clinical partners to develop expense projections based on volume and metrics. Analyzes trends in expenses, revenues and volumes; makes recommendations for adjustments to MoM/seasonal spreads and includes supporting data.
12. Performs other duties as assigned.
