Financial Analyst

Responsibilities

• Coordinate provider performance, compensation analysis, and reporting with clinical and hospital leadership involved in the process
• Independently prepare monthly performance reports for non academic provider practice entities
• Collaborate with regional accountants and practice leaders to measure performance against targets
• Maintain physician compensation and contract management software for SMG
• Oversee total compensation payments to employed and contracted providers to ensure plan adherence and Fair Market Value compliance
• Communicate with SMG leadership regarding negative variances and rolling projections
• Continuously monitor revenue cycle performance and margin enhancement opportunities and relay findings to Finance and Provider Practice leadership
• Specific reporting duties include comparing clinic/provider reimbursements and payor payments for consistency across sites, identifying potential payor enrollment issues, and monitoring claims denials
• Direct payment of Medical Directorships, Call Pay, and other non productivity contractual terms
• Coordinate financial analyses in support of new services, provider compensation rates, and long term strategic initiatives of the Provider Practices
• Utilize Inflow or equivalent tools to aid assessment and decision making
• Develop and monitor physician compensation models, including incentives, in partnership with Finance and Provider Practice Leadership
• Conduct analytical research on historical data and projected effects of new or changing services for non academic practices
• Oversee maintenance of physician compensation plans, incentive calculations, and provider productivity tools and reports
• Collaborate with Hospital Finance & Reimbursement on larger scale financial projections for the Provider Practices
• Serve as a key member of the core SMG Administration team
• Analyze and propose upgrades to compensation models

Requirements

• Bachelor’s degree in business administration, accounting, finance or related field
• Minimum of three years of accounting or finance experience
• CPA certification
• Master’s degree in accounting, finance, or business administration
• Healthcare experience preferred

Technologies

• Inflow or an equivalent assessment tool
• Spreadsheet software
• Physician compensation software
• Contract management software

Physical Requirements

• May require sitting for extended periods

Working Environment

• Standard office environment

Skills and Abilities

• Proficiency with databases and spreadsheet applications
• Strong organizational abilities and meticulous attention to detail
• Capacity to multitask in a fast paced setting
• Excellent written and verbal communication skills
• Independent, analytical thinker capable of conducting research, data analysis, and solving complex problems

Schedule

• 40 hours per week

Exemption Status

• Exempt