Note: The job is a remote job and is open to candidates in USA. Palomar Health is a healthcare organization that is seeking a Senior Reimbursement & Financial Analyst. The role involves evaluating and analyzing the financial condition of health programs and facilities, developing financial feasibility studies, and supporting budget preparation and financial planning.
Responsibilities
- Responsible for the evaluation and analysis of the financial condition of Palomar Health programs and facilities
- Develops financial feasibility studies of proposed new programs and evaluations of existing programs, supports the strategic planning process, and assists in the development and monitoring of multi-year financial plans and service lines
- Supports the preparation of the capital and operating budgets for Palomar Health acute and skilled nursing facilities and tracks progress in achieving the organization's financial goals and objectives, specifically with regard to long range financial plans and annual operating budgets
- Collaborates with clinical and operational leadership to investigate monthly actual variances to budget and often recommends changes to operating procedures and processes to align with budgeted goals
- Supports the development and tracking of revenue and cost initiatives
- Develops ad-hoc reports as requested utilizing the organization's ERP, decision support, and financial systems and tools
- Responsible for preparation of quarterly OSHPD reports, annual OSHPD reports, ALIRTS, AHA Annual Survey and Occupational Mix Survey
- Assist the Director of Finance, Special Projects in preparing annual Medicare and Medi-Cal Cost Reports for submission to CMS and DCHS, as well as various cost report appeals and re-openings
- Perform cost report data gathering to be used in cost report preparation
- Perform reasonableness testing for all data gathered to determine propriety of data received
- Assist in Medi-Cal and Medicare audits as well as other reimbursement related projects as assigned
- Responsible for PS&R crosswalk and data request from CMS
- Responsible for Paid Claims Report request and analysis
- Reconciles third-party due to and due from accounts
- Perform complex analysis and comparisons
- Work closely with staff from Revenue Cycle, Managed Care Contracting and HIM
- Be trained to run financial reports from ERP and cost accounting systems, as well as other software programs as necessary
- Speak and read English at a level that is sufficient to satisfactorily perform the essential functions of the position
- Knowledge of standard office equipment, personal computer, computer software skills (i.e., MS Windows, Excel, Access, Word, Powerpoint, Outlook, Smartsheet, etc.)
- Knowledge of financial systems, included Workday, Axiom/Syntellis, and Lawson Infor, is preferred
- Performs other duties as assigned
- Follows Palomar Health rules, policies, procedures, applicable laws and standards
- Carries out the mission, vision, and quality commitment of Palomar Health
Skills
- Bachelor's Degree in Accounting, Finance, or Business-related field
- 2 - 4 years of progressive experience in reimbursement, financial accounting, or financial analysis
- Advanced working knowledge of Excel and Access and ability to perform manipulations of large amounts of data
- Speak and read English at a level that is sufficient to satisfactorily perform the essential functions of the position
- Knowledge of standard office equipment
- Personal computer, computer software skills (i.e., MS Windows, Excel, Access, Word, Powerpoint, Outlook, Smartsheet, etc.)
- Previous experience with fiscal intermediaries or a CPA firm
- Experience in a multi-hospital setting
- Certified Public Accountant (CPA)
- Knowledge of financial systems, included Workday, Axiom/Syntellis, and Lawson Infor
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