Indiana Regional Medical Center · 5 months ago
Senior Financial Analyst - Pennsylvania Mountains Care Network - Full Time
Indiana Regional Medical Center is seeking a Senior Financial Analyst to work closely with hospital and professional management to ensure accurate information is obtained for analysis. The role involves preparing reports, providing financial and operational analysis, and supporting decision-making processes within the organization.
Hospital & Health Care
Responsibilities
Prepares ad hoc reports, analyses, and supportive data to support operations and decision making
Maintains confidentiality while working with patient protected health information and confidential organization information
Provides project management support as needed for any new or existing teams, e.g., Denials Team, Medicare value-based programs, etc
Troubleshoots and researches questions or issues raised by revenue cycle or clinical departments related to revenue cycle functions
Provides financial reporting, operational and statistical analysis for the health system for individual programs, departments, and professional practices
Interacts with Management and Senior Leadership to provide the necessary data required to make effective decisions
Produce and analyze Profit and Loss Statements for departments/programs upon request
Responsible for extracting, analyzing, monitoring, and studying data
Data mining from financial decision support systems or applicable financial data repositories or databases utilizing analytical tools, operational/clinical metrics, pro-formas, payer reimbursement analysis, divisional statistics, and projections
Prepare ad hoc data and analysis requests from internal and external customers
Complete quarterly state Wraparound reports for the Rural Health Clinics
Develop and refine business rules and processes for ensuring accuracy and quality of reports
Supports the accounting and finance team with the forecasting and budgeting process, the filings of the IRS Form 990s, data for compiling the annual cost reports, completion of various healthcare surveys, and producing the required information for the bond trustees on a quarterly basis (if applicable)
Assists in the financial analyses of patient claim detail to aid the PMCN entities in revenue cycle analyses to develop insights and understand trends
Performs other duties as assigned
Qualification
Required
Bachelor's degree in health management, finance, accounting, mathematics, or related field is required
Five to seven years of strong experience of successfully applying technical and systems skills with advanced data and database manipulation skills in a health care setting
Advanced proficiency in Microsoft Office Suite applications is required especially Excel (pivot tables, advanced formula use, and presentation of data)
Ability to combine data from various sources for analyzing and reporting
Demonstrates experience using analytical reporting tools
Effective critical thinking/problem solving skills with the ability to communicate findings to others verbally and in writing
Ability to work efficiently and effectively in a fast-paced environment
Self-directed, organizes and prioritizes work and manages multiple tasks and assignments
Manages time well and performs assigned duties with attention to detail, accuracy, and follow through with minimal supervision while meeting deadlines
Ability to develop strong working relationships inside and outside the organization
Preferred
Solid working knowledge of healthcare revenue cycle functions is preferred
Thorough knowledge of and experience in financial system applications and software, e.g. Cerner, Meditech, FinThrive, eClinicalWorks is preferred
Company
Indiana Regional Medical Center
Indiana Regional Medical Center, 194-bed not-for profit community hospital, has been serving Indiana County and surrounding communities since 1914.