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Financial Analyst II for Payor Contracting
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$74k-92k (estimate)
Full Time 5 Days Ago
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Children's Hospital Boston is Hiring a Financial Analyst II for Payor Contracting Near Boston, MA

73900BRJob Posting Title:Financial Analyst II for Payor ContractingDepartment:Finance Case Mix Reimb and Mgd CareAutoReqId:73900BRStatus:Full-TimeStandard Hours per Week:40 Job Posting Category:FinanceJob Posting Description:This Financial Analyst II for Payor Contracting will be responsible to:

Designs and builds financial models to support various reporting and contracting needs, including payer contract negotiations on behalf of the Hospital, Physicians Organization, Pediatric Physicians Organization at Childrens Hospital (PPOC), and Boston Childrens' Health Physicians (BCHP)

Develops methodologies and leverages internal reporting systems to gather and compile the required data. Employs significant understanding of Hospital/physician contractual reimbursement methodologies and non-fee-for-service arrangements

Prepares appropriate analyses for review by various committees and senior leadership. Makes recommendations regarding contract terms and fees

Performs detailed analyses of various commercial and governmental contract performance, including patient detail account transaction activity review for payment collection accuracy

Maintains and updates the Managed Contract System based on commercial and governmental contracts. Performs system set up and testing as necessary to ensure contracts are accurately configured and modeled

Assists Analyst I in compiling quarterly and annual Hospital/physician fee schedules by payer contracts

Creates, organizes, and maintains files using database and spreadsheet programs; compiles data into required reporting formats, including Excel and Powerpoint presentations

To qualify, you must have:

A Bachelors degree is required, preferably in Business/Finance/Economics or a closely related field, and at least 2-3 years of related experience in financial analysis, preferably in a Healthcare setting.

Understanding of payer contracts and documents relevant to healthcare reimbursement

Skilled at identifying trends and understanding content within data

Possesses some knowledge of ICD-10, CPT and HCPCS codes, Medicare RVU, and DRG coding methodologies

Insight into contracting reporting systems and data output, with the ability to identify opportunities for enhanced practices

Strong technical skills and proficiency with MS Office applications, especially Excel

This position is 100% remote, with opportunity for flexible work schedule.

Boston Childrens Hospital offers competitive compensation and unmatched benefits including flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.

*LI Office/Site Location:BostonRegular, Temporary, Per Diem:Regular Remote Eligibility :Part Remote/Hybrid

Job Summary

JOB TYPE

Full Time

SALARY

$74k-92k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/14/2024

WEBSITE

childrens.harvard.edu

HEADQUARTERS

CAMBRIDGE, MA

SIZE

25 - 50

FOUNDED

1991

REVENUE

<$5M

INDUSTRY

Hospital

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