• Financial Analyst

    WMCHealth (Hawthorne, NY)


    Financial Analyst

     

    Company: NorthEast Provider Solutions Inc.

     

    City/State: Hawthorne, NY

     

    Category: Clerical/Administrative Support

     

    Department: Business Office

     

    Union: No

     

    Position: Full Time

     

    Hours: 9:00 - 5:30

     

    Shift: Day

     

    Req #: 41870

     

    Posted Date: Mar 17, 2025

     

    Hiring Range: $86,638 - $108,908

     

    External Applicant link (https://pm.healthcaresource.com/cs/wmc1/#/preApply/28794) Internal Applicant link

    Job Details:

    Job Summary:

    The Financial Analyst applies principles of accounting to analyze and record financial information and prepare reports by compiling information and utilizing accounting control procedures.

    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.

    Qualifications/Requirements:

    Experience:

    Healthcare finance experience highly preferred.

    Education:

    Bachelors degree, required. Masters degree, preferred.

    Licenses / Certifications:

    N/A

    Other:

    Special Requirements: Intangibles – The ideal candidate:

    + Displays industry specific knowledge and has experience with healthcare finance, medical practice operations and professional billing.

    + Knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles.

    + Has demonstrated proficiency in Microsoft Excel. Preferred experience with Access/SQL Databases, Cerner Millennium or other EMR/Billing system, ERP/Finance systems

    + Exhibits independent decision making within the scope of job duties.

    + Displays critical thinking to proactively diagnose root cause of issues and develop solutions.

    + Has the ability to independently obtain, vet, analyze, and accurately summarize data using all tools available.

    + Clearly and accurately communicate data, report results, and other findings both in writing and verbally.

    About Us:

    NorthEast Provider Solutions Inc.

    Benefits:

    We offer a comprehensive compensation and benefits package that includes:

    + Health Insurance

    + Dental

    + Vision

    + Retirement Savings Plan

    + Flexible Savings Account

    + Paid Time Off

    + Holidays

    + Tuition Reimbursement

     

    External Applicant link (https://pm.healthcaresource.com/cs/wmc1/#/preApply/28794) Internal Applicant link

     

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