Provider Financial Analyst jobs in United States
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WVU Medicine · 2 days ago

Provider Financial Analyst

WVU Medicine is seeking a Provider Financial Analyst to lead and support provider compensation and revenue cycle analysis. This role involves developing and measuring production, compensation, and operational targets while ensuring accurate budgeting and financial monitoring to enhance efficiency and margins.

Health CareHospitalMedical

Responsibilities

Coordinate provider performance and compensation analysis and reporting process by working with clinical and hospital leadership who play a role in the process
Independently analyze and complete monthly performance reports for non-academic provider practice entities. Work closely with regional accountants & practice leaders to assess performance against targets
Maintains physician compensation and contract management software for SMG
Monitors total compensation payments made to employed and contracted providers to ensure adherence to compensation plan and compliance with Fair Market Value standards. . Communicates directly with SMG leadership regarding negative variances and rolling projections
Continuously monitor revenue cycle performance improvement and margin enhancement opportunities and communicate to Finance and Provider Practice leadership. Specific reporting duties include: comparing reimbursement by clinic/provider and payor to ensure consistency across all practice sites; identify potential payor enrollment issues; and monitor and act upon claims denials
Directs the payment of Medical Directorships, Call Pay and other non-productivity contractual terms
Coordinates the completion of financial analysis related to and in support of new services, provider compensation rates, and long term strategic initiatives of the Provider Practices. Leverage Inflow or equivalent tool to aide in assessment
Develops & Monitors Physician compensation Models, including incentives in conjunction with Finance and Provider Practice Leadership
Conduct analytical research of historical data as well as projected impact of new or changing services related to the non-academic practices
Oversee the process of maintaining the physician compensation plans, incentive payment calculations, and maintaining provider productivity tools & reports
Collaborate with Hospital Finance & Reimbursement team on the completion of larger scale financial projections related to the Provider Practices
Key member of core SMG Administration team. Analyze and provide recommendations on compensation model upgrades

Qualification

CPA certificationFinancial analysisHealthcare experienceAccounting degreeFinance degreeAnalytical thinkingMulti-taskingOrganizational skillsCommunication skills

Required

Bachelor's degree in business administration, accounting, finance or other related area
Three (3) years of accounting/finance related experience
Ability to work with computer databases and spreadsheet software
Strong organizational skills and attention to detail
Ability to multi-task and work in a challenging fast paced environment
Excellent written and verbal communication skills
Independent worker and analytical thinker with ability to conduct research, data analysis and resolve complex problems

Preferred

CPA certification
Master's degree in accounting, finance, or business administration
Experience in Healthcare preferred

Company

WVU Medicine

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West Virginia University Health System is a non-profit organization that offers a full range of healthcare services.

Funding

Current Stage
Late Stage

Leadership Team

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Albert L. Wright, Jr.
President and CEO
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Zach Kerns
VP of Finance / CFO East Region
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Company data provided by crunchbase