Reimbursement Analyst

Lifespan; Providence (RI); On-site; USD 58,000 - 96,000; Full time

Job summary

Brown University Health seeks a Financial Planning professional to participate in budgeting, forecasting, and compliance reporting for Brown University Health and affiliates. You will support analysis, budgeting cycles, and data integrity across departments while aligning with organizational values.

The role requires knowledge of accounting practices in healthcare finance, experience with budgeting tools, and collaboration with senior staff. Work hours are standard; location is Providence, RI.

Qualifications

• Equivalent to a Bachelor's Degree in accounting, finance or related field.
• Knowledge of accounting procedures, technical and professional accounting skills, financial and other operational systems to control data collection and reporting activities, and understanding of data processing procedures and capabilities.
• EXPERIENCE: Exposure to health care finance, and specifically financial analysis and operating budget preparation preferred.
• Experience in microcomputer spreadsheet use.
• Experience in use of mainframe computer systems to derive information needed for required financial and reimbursement analyses.

Responsibilities

• Keep Financial Planning Manager informed on conditions within scope of the financial planning/budgeting areas assigned.
• Participate in the development and implementation of Brown University Health and affiliates annual operating and capital budget programs.
• Assist in the completion of timely and accurate operating and capital budget.
• Analyze financial and statistical data used in forecasting financial operations; compile, review, reconcile and report monthly the budget to actual variance performance templates.
• Assist in preparing short and long-range financial planning analysis/forecasts for administration and department managers.
• Assist in preparing various hospital surveys for outside parties such as AHS Panel Survey, Annual AHA Survey, HARI Survey, etc.
• Assist in developing a process that continuously improves the operating and capital budget for both staff and management.
• Assist in the design and development of educational material to support management in interpreting departmental reports, preparing operating and capital budget packages, etc.
• Under the guidance of senior Financial Planning staff, understand and assist in the preparation of financial and statistical individual affiliate and consolidated Brown University Health reports required for third party and government agencies for reimbursement.
• Work to ensure accuracy, efficiency and integrity of all manual and automated planning information systems pertaining to budgeting, forecasting and product line development.
• Contribute to development of departmental procedures manual.
• May assist in cross-training of department staff.
• Participate in administrative staff meetings, councils, quality improvement teams, and other such committees and meetings as required.
• Develop and maintain close working relationship with members of other Brown University Health and affiliate departments with which Financial Planning will interact on a frequent basis.
• Maintain quality assurance, safety, environmental and infection control in accordance with established policies, procedures, and objectives of the system and affiliates.
• Perform other related duties as required.

Skills

Accounting procedures

Budgeting and forecasting

Healthcare finance

Spreadsheet proficiency

Mainframe systems experience

Education

Bachelor’s Degree in accounting or finance

Tools

Mainframe systems

Spreadsheet software

Job description

SUMMARY:

Under the general direction of Financial Planning Manager participate in the preparation of all compliance reports; participate in the preparation of budgeting, forecasting and financial/operational analyses for Brown University Health and affiliates.

Brown University Health employees are expected to successfully role model the organization's values of Compassion, Accountability, Respect, and Excellence as these values guide our everyday actions with patients, customers and one another.

In addition to our values, all employees are expected to demonstrate the core Success Factors which tell us how we work together and how we get things done. The core Success Factors include:

• Instill Trust and Value Differences
• Patient and Community Focus and Collaborate

RESPONSIBILITIES:

• Keep Financial Planning Manager informed on conditions within scope of the financial planning/budgeting areas assigned.
• Participate in the development and implementation of Brown University Health and affiliates annual operating and capital budget programs.
• Assist in the completion of timely and accurate operating and capital budget.
• With guidance from senior staff, analyze financial and statistical data used in forecasting financial operations; compile, review, reconcile and report monthly the budget to actual variance performance templates.
• Assist in preparing short and long-range financial planning analysis/forecasts for administration and department managers.
• Assist in preparing various hospital surveys for outside parties such as AHS Panel Survey, Annual AHA Survey, HARI Survey, etc.
• Assist in developing a process that continuously improves the operating and capital budget for both staff and management (i.e. user friendly, time efficient).
• Assist in the design and development of educational material to support management in interpreting departmental reports, preparing operating and capital budget packages, etc.
• Under the guidance of senior Financial Planning staff, understand and assist in the preparation of financial and statistical individual affiliate and consolidated Brown University Health reports required for third party and government agencies for reimbursement.
• Work to ensure accuracy, efficiency and integrity of all manual and automated planning information systems pertaining to budgeting, forecasting and product line development.
• Contribute to development of departmental procedures manual.
• May assist in cross-training of department staff.
• Participate in administrative staff meetings, councils, quality improvement teams, and other such committees and meetings as required.
• Develop and maintain close working relationship with members of other Brown University Health and affiliate departments with which Financial Planning will interact on a frequent basis.
• Maintain quality assurance, safety, environmental and infection control in accordance with established policies, procedures, and objectives of the system and affiliates.
• Perform other related duties as required.

MINIMUM QUALIFICATIONS:

• BASIC KNOWLEDGE:Equivalent to a Bachelor's Degree in accounting, finance or related field.
• Knowledge of accounting procedures, technical and professional accounting skills, financial and other operational systems to control data collection and reporting activities, and understanding of data processing procedures and capabilities.
• EXPERIENCE:Exposure to health care finance, and specifically financial analysis and operating budget preparation preferred.
• Experience in microcomputer spreadsheet use.
• Experience in use of mainframe computer systems to derive information needed for required financial and reimbursement analyses.

Pay Range:

$58,489.60-$96,491.20

EEO Statement:

Brown University Health is committed to providing equal employment opportunities and maintaining a work environment free from all forms of unlawful discrimination and harassment.

Location:

Brown Health Medical Group - 167 Point Street Providence, Rhode Island 02903

Work Type:

M-F 8:00am-5:00pm

Work Shift:

Day

Daily Hours:

8 hours

Driving Required:

No