We are seeking a detail-oriented and organized Financial Analyst to join our team. The ideal candidate will possess strong analytical skills, critical thinking abilities, and proficiency in data analysis tools and software. As a Financial Analyst, you will be responsible for generating financial reports, analyzing accounts receivable, coordinating with billing teams, and ensuring compliance with payer contracts and regulations. This role requires a proactive individual who can communicate insights effectively and contribute to the overall success of our organization.

Job Details:

Work from Home

Monday to Friday | 12:30 AM - 1:00 AM to 9:30 AM - 10:00 AM

Responsibilities:

Financial Reporting and Analysis:

Build and create financial reports and analyses based on specified requirements.
Assist the senior director in preparing month-end reports, including carve-outs, income splits, and other provider analysis reports.

Accounts Receivable Management:

Analyze monthly accounts receivable (AR) and alert management of overdue accounts, trends, and major issues.
Monitor and reconcile AR copay missing cash/checks, ensuring proper journal entries on the profit and loss statement (P&L).

Data Management and Coordination:

Monitor and correct unspecified groups in Forefront.
Coordinate the mapping of new providers and changes in Forefront by division and teams, including split incomes.

Audit and Compliance:

Audit 100% write-offs and alert supervisors or posting teams for accurate non-revenue procedures (NRP).
Utilize ARM (Advanced Reimbursement Manager) to audit, review, and capture underpayments based on contracts, allowed amounts, and billing supervisor coordination.

Contract Management:

Maintain a keen understanding of payer contracts, submitting and contacting insurances for reimbursement corrections.
Review the company’s fee schedules equal to reimbursements and notify for updates to capture the highest reimbursement.

Regulatory Compliance:

Adhere to HIPAA policies and regulations in all activities.

Other Responsibilities:

Undertake additional projects as assigned from time to time.
Meet productivity guidelines and volume expectations.

Qualifications:

Bachelor’s degree required, MBA a plus.
Minimum of 2 years of financial analysis background and experience.
Advanced working knowledge of MS Office (Excel, Word, PowerPoint).
Experience in generating Excel models, presentations, and reports.
Experience in data analytics, SQL server, and macros are advantageous.
Familiarity with ARM (Advanced Reimb Manager – Trizetto) or Epic is a plus.
Excellent communication and interpersonal skills.
Understanding of medical billing, medical terminology, payer contracts, and insurances.
Knowledge of the full revenue cycle management (RCM) cycle is beneficial.