Reimbursement Analyst

BHMG Lifespan Physician Group, Inc., d/b/a Brown Health Medical Group; United States; On-site; USD 58,000 - 96,000; Full time

Job summary

Brown University Health seeks a financial planning professional to assist in budgeting, forecasting and preparing compliance reports for Brown University Health and affiliates. You will work under the Financial Planning Manager to ensure accurate monthly variance analysis and support hospital surveys as needed.

The role emphasizes data integrity, cross-department collaboration and development of educational materials to help management interpret budget reports and performance metrics.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• Experience in health care finance and financial analysis.
• Experience with microcomputer spreadsheets and mainframe reporting.
• Knowledge of accounting procedures and data reporting.

Responsibilities

• Participate in development and implementation of annual operating and capital budget programs.
• Assist in preparing timely and accurate operating and capital budget.
• Analyze financial and statistical data used in forecasting; compile, review, reconcile and report monthly budget-to-actual variance.
• Prepare short and long-range financial planning analyses/forecasts for administration and department managers.
• Support in preparing hospital surveys and related compliance reporting.

Skills

Financial analysis

Budgeting

Accounting procedures

Education

Bachelor's degree in accounting or finance

Tools

Mainframe systems

Spreadsheet software (MS Excel)

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

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

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

WORK SHIFT

Work Shift: Day

DAILY HOURS

Daily Hours: 8 hours

DRIVING REQUIRED

Driving Required: No

As Rhode Island's largest health system and private employer, Brown University Health is the state's premier provider of health services and includes the only Level I Trauma Center for southeastern New England. Today, more than 20,000 people work at Brown University Health and bring their unique skills, experiences, and compassion to their jobs every day. Formed in 1994, Brown University Health is a not-for-profit health system based in Providence, RI comprising three teaching hospitals of The Warren Alpert Medical School of Brown University: Rhode Island Hospital and its Hasbro Children's; The Miriam Hospital; and Bradley Hospital, the nation’s first psychiatric hospital for children; Newport Hospital, Saint Anne's Hospital and Morton Hospital, community hospitals offering a broad range of health services; Gateway Healthcare, the state’s largest provider of community behavioral health care; and Brown Health Medical Group, the largest multi-specialty practice in Rhode Island. Brown University Health is an equal opportunity employer that values diversity of cultural background, race, gender, age, religion, identity, ability, and perspectives - we are actively committed to a diverse workforce that represents the patients and community that we serve. We are invested in creating a respectful, inclusive, and equitable environment that supports the holistic well-being of our employees and their families. Join us and help build a healthier future for our patients - and for yourself.