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Westchester Medical Center Health Network · 3 months ago

Financial Analyst- Onsite Position

Valhalla, NY

Full-time

Onsite

Entry, Mid Level

Westchester Medical Center Health Network is seeking a Financial Analyst who will apply accounting principles to analyze financial information and prepare reports. The role involves interacting with various parties to produce reports, conducting financial analyses, and maintaining financial databases and systems.

Hospital & Health Care

Responsibilities

Interact with internal and external parties to produce, distribute, and present both regular reports at fixed calendar intervals and ad-hoc analyses related but not limited to: Medical practice financials

Professional billing revenue cycle reporting for historical and projected payments, billed charges, AR, payor mix, billing throughput and other performance statistics

Physician and Mid-level provider productivity, utilization, patient referrals, Benchmarking

Routine revenue integrity audits

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

Perform productivity and financial analyses on new groups to determine appropriate compensation and forecast financial performance

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

Qualification

Healthcare finance experienceFinancial analysisBudget preparationAccounting principlesReport writingData analysisCommunication skillsTeam collaboration

Required

Healthcare finance experience highly preferred

Bachelors degree, required

Preferred

Masters degree, preferred

Company

Westchester Medical Center Health Network

Glassdoor3.2

The Westchester Medical Center Health Network (WMCHealth) is the pre-eminent provider of integrated health care in New York’s Hudson Valley region, serving nearly 2.5 million residents across more than 6,000 square miles.

Founded in 1917