Finance Manager, Non-Employed Physician Arrangements

Beth Israel Lahey Health, Inc.; United States; Hybrid; USD 115,000 - 130,000; Full time

Job summary

Beth Israel Lahey Health is seeking a seasoned accounting professional to coordinate and reconcile all financial aspects of its non-employed physician arrangements. The role interfaces with system and local finance leaders to ensure accurate reimbursement and financial reporting.

The ideal candidate has a Bachelor’s in Accounting or Finance (Master’s or CPA a plus) and at least 5 years of accounting/finance experience, including 2+ years in physician arrangements within healthcare.

Qualifications

• Bachelor’s degree in Accounting or Finance required; Master’s degree or CPA certification a plus.
• Minimum of 5 years of progressive accounting or finance experience.
• Minimum of 2 years of experience with accounting for physician arrangements required within a hospital or healthcare setting.

Responsibilities

• Coordinate and reconcile financial aspects of BILH non-employed physician arrangements.
• Regularly reconcile expected reimbursement to non-employed physician groups against contracts and liabilities.
• Participate in meetings to monitor financial status of non-employed physician arrangements.
• Generate, distribute, and report on arrangements monthly, quarterly, or ad hoc.
• Coordinate financial information between System and Local finance leaders.
• Support accounting and reimbursement reconciliation for physician groups lease/purchased services.
• Assist in pro forma reviews and participate in relevant meetings/committees.
• All other duties as assigned.

Skills

Healthcare accounting

Analytical skills

Leadership

Interpersonal skills

Communication skills

Education

Bachelor's degree in Accounting or Finance

Master's degree or CPA certification (a plus)

Tools

ERP systems

Workday

Job description

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives. This position will coordinate and reconcile all financial aspects of Beth Israel Lahey Health’s (BILH) non-employed physician arrangements. The role will interface with all BILH entities and external constituents to properly account for, financially manage, coordinate reimbursement, etc.in regards to BILH’s non-employed physician arrangements. The position will work with operating and finance leadership across the BILH entities to support this function.

Job Description

Essential Duties & Responsibilities

• Maintain a catalog encompassing the financial parameters of all BILH non-employed physician arrangements
• Regularly reconcile expected reimbursement to non-employed physician groups against the related contracts and balance sheet liabilities
• Participate in meetings to monitor and assess current financial status of non-employed physician arrangements
• Generate, distribute, and report out on the non- employed physician arrangements monthly, quarterly, and ad hoc
• Coordinate non-employed physician arrangement financial information between System and Local finance leaders
• Support accounting and reimbursement reconciliation from physician groups lease/purchased service arrangements
• Assist in pro forma reviews of existing and newly contemplated non-employed physician arrangements and participate in meetings/committees as applicable
• All other duties as assigned

Minimum Qualifications

• Education: Bachelor’s degree in Accounting or Finance required. A Master's degree or CPA certification a plus.
• Licensure, Certification & Registration: N/A
• Experience: Minimum of 5 years of progressive accounting or finance experience. Minimum of 2 years of experience with accounting for physician arrangements required within a hospital or healthcare setting.

Skills, Knowledge & Abilities

• Strong understanding of healthcare accounting principles and regulatory environments.
• Proficiency in financial systems (ERP platforms), Workday, preferred.
• Exceptional analytical, problem-solving, and organizational skills.
• Excellent leadership, interpersonal, and communication abilities, capable of translating complex financial data to diverse audiences.
• Adaptability and composure when managing multiple priorities and evolving project requirements in a fast-paced setting.
• Relevant healthcare-specific certifications or training in hospital finance.

Physical Requirements & Environment

• Close work (paperwork, visual examination), Color vision/perception, Visual monotony, Visual clarity <3 feet, Conversation, Monitoring Equipment, Telephone.
• Sedentary work: Sitting most of the time, with walking and standing required only occasionally.
• This job requires constant sitting, Keyboard use, frequent Power Grasping using one hand, Fine Manipulation using one hand.

This position is hybrid from a work location perspective.

Pay Range

Pay Range: $115,000.00 USD - $130,000.00 USD

The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law.

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.

More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity Employer/Veterans/Disabled At Beth Israel Lahey Health, we are driving the change in health care that Massachusetts wants and needs. Our culture promotes continuous learning, growth, innovation and a sense of belonging. We make it a priority to offer comprehensive compensation and benefits and help you achieve a healthy and balanced life. While you're busy caring for and supporting our patients, we take care of you.