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Financial Data Analyst

Company: Community Hospital Corporation
Location: Plano
Posted on: January 15, 2022

Job Description:

The Financial Analyst position provides analytical support to the Revenue Integrity and Health Plan Contracting functions through project management, data and financial analyses, health plan contract process management, and assistance with chargemaster, charge capture and pricing projects. Will support both the Vice President of Revenue Integrity, Vice President of Health Plan Contracting, and other assignments as directed by the SVP Hospital Financial Operations.Major ResponsibilitiesHealth Plan ContractingServe as a resource on managed care matters to hospital personnelModel the impact of proposed rates and terms and present to hospital and corporate management prior to contract finalizationAssist in negotiations with payers regarding terms and rates and prepare contracts for final signaturePeriodically review hospitals monthly contractual adjustment computations for accuracy and compliance with policiesAudit payments received from managed care companies to ensure accuracy at each hospital against contract termsComplete credentialing and recredentialing applications for client hospitalsRevenue IntegrityServe as a resource to research charge compliance related questions from hospital personnel.Assist on chargemaster code compliance review projects by preparing and analyzing data, conducting meetings with hospital department managers and creating final work products.Perform data analyses and manipulation related to strategic pricing projects.Assist in conducting current state charge capture assessments and documenting accordingly.Perform the research and functions necessary to assist hospitals in maintaining compliance with quarterly and annual code updates.General DutiesUpholds and supports the company's mission, vision, and valuesParticipate in seminars and conferences to stay current on technical and legal developmentsPerform other miscellaneous job-related duties as assigned by the Vice President of Revenue Integrity and the Vice President of Health Plan Contracting.BenefitsComprehensive health and welfare benefits package is offered as part of total compensation. Health Care Plan (Medical, Dental & Vision)Retirement Plan (401k, IRA)Life Insurance (Basic, Voluntary & AD&D)Paid Time Off (Vacation, Sick & Public Holidays)Wellness Resources and other benefits In compliance with the emergency regulation issued by the Centers for Medicare & Medicaid Services (CMS) and company policy, CHC and its affiliate companies require all employees to provide proof of full Covid-19 vaccination or have an approved medical or religious accommodation as a condition of employment. As a result, these conditions must be met by the first date of employment.CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.Job Requirements:BBA or BS DegreeMinimum of one year experience in finance, with healthcare financial operations experience a preferenceHealth plan contracting and chargemaster and/or coding experience preferred.Experience in completing moderately complex data analyses using Excel requiredExperience using SQL to write queries for the purpose of extracting data in Excel from large patient accounting systemsSkills and KnowledgeAbility to define and prioritize specific realistic, goals and objectivesAbility to identify, analyze and effectively resolve operational and administrative problemsAbility to work independently and manage multiple projects simultaneouslyAbility to be trustworthyAbility to professionally and successfully interact with a variety of internal and external partiesCommunicates openly and in a timely wayShares information appropriatelyKeeps others well informedEncourages others to share contrary viewsResponds in a timely manner to messages/requests Possesses a core set of ethical valuesNegotiation skillsKnowledge of hospital revenue cycle and the impact of such operations on hospital reimbursementKnowledge of hospital and physician health plan contracts, and the impact of such contracts on hospital operationsKnowledge of all types of healthcare payer sources such as commercial, governmental, workers compensation and othersProficient understanding and application of the concepts and terminology unique to the healthcare industryProficient PC skills, including Microsoft Word and Excel

Keywords: Community Hospital Corporation, Plano , Financial Data Analyst, Accounting, Auditing , Plano, Texas

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