Cook Children's Health Care System · 4 hours ago
Healthcare Practice Financial Analyst
Fort Worth, TX
Full-time
Onsite
Entry, Mid Level
2+ years expCook Children's Health Care System is a not-for-profit organization that provides pediatric health care services across Texas. They are seeking a Healthcare Practice Financial Analyst who will be responsible for performing financial analysis, revenue cycle analysis, and managing budget processes for clinics/groups within the organization.
Hospital & Health Care
Responsibilities
Performing financial analysis including evaluation of operational performance compared to both budgeted and historical results, and its relationship to physician compensation
Perform revenue cycle analysis including identifying if there are potential inefficiencies or issues within revenue capture processes
Perform statistical analysis and evaluation of staffing expenses compared to internal peers, external benchmarks, budgeted and historical trends
Construct, review and recommend approval for the annual budget for each clinic/group
Calculate and submit the accurate and appropriate physician draw, incentive, and other physician payments timely to payroll for payment
Holds primary responsibility to communicate and educate physicians and staff about new financial initiatives to implement that may be atypical to normal operations, or driven by CCHCS initiatives
Initiate processes surrounding physician leave and FMLA
Initiate contractual amendments related to changes in physician activity
Initiate required monthly draw changes for physician pay in accordance with Cook policies
Account for, report, validate, and ensure appropriate payment for Medical Director or other Administrative Position payments
Perform forward-looking financial forecasting to assist in clinic/groups decision making, at the request of either group physicians, CCPN Administration, or other CCHCS departments
Mediate discussions among clinic/group members about expenses allocations, clinical measurements, and other financial and operational matters
Evaluate opportunities and risks associated with clinic/group new lines or locations of service
Provide input required by external entities such as auditors or consultants
Qualification
Required
Bachelor's Degree in Accounting, Finance, Business Administration (or similar) is required
Prefer minimum of two years of accounting experience, in Healthcare
2+ years CCPN physician practice finance is a plus
Analytical ability required to evaluate and interpret financial, statistical, revenue cycle, and operational data in order to make sound and objective recommendations for operationally strategic options
Ability to evaluate highly complex performance data and determine if objectives are being met
If objectives not met, develop and recommend options to improve stated objectives
Working knowledge of financial acumen and the ability to recognize operational deficiencies through data and effectively translate and communicate outcomes and value driven opportunities to both Administration and Physicians
Understanding of challenges and interworking of an integrated healthcare organization
Working knowledge of Excel, Power Point, (SQL preferred not required)
Must have proficiency in computer spreadsheet applications including graphing and complex formulas often linking multiple worksheets (very high level of usage)
Requires a fundamental knowledge of software that supports business and should be proficient within 90 days (Lawson, Epic, Strata, and other data repositories for example)
Preferred
Masters Degree or CPA is preferred (progressive experience in lieu of degree, or partial passing of CPA may be considered)
CPA Preferred
Company
Cook Children's Health Care System
Cook Children's Health Care System embraces an inspiring Promise – to improve the health of every child in our region through the prevention and treatment of illness, disease and injury.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Mike Simmons
President & CFO Cook Children's Home Health
Stephen Kimmel
Chief Financial Officer
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