Position Summary: We have an exciting opportunity to join our team as a Associate Financial Analyst (RCO-Outpatient).
In this role, the successful candidate is to ensure financial reports are accurate, timely and relevant for decision making purposes.
Works independently, takes initiative, and thinks critically;
Trains other analysts as needed;
Assists with providing constructive feedback and developing training tools;
Works collaboratively with a variety of departments within NYULMC and NYULMCs contracted payers and vendors;
Ensures cash optimization and accounts receivable reduction activity is functioning to fullest capability;
Reports any discrepancies or inconsistencies in data and/or reports to management timely;
Maintains data integrity when manipulating data files for purposes of analysis to ensure data does not become corrupted through conscientious use of tools and a system of checks and balances;
Validates all data and reports for accuracy and quality prior to distribution;
Executes data mining and in-depth accounts receivable analysis;
Responds to standard and ad-hoc financial analysis requested by management timely;
Performs detailed analysis regarding revenue cycle and accounts receivable issues and presents analysis to appropriate managers and administration on a weekly and monthly basis through various report mechanisms utilizing various systems (Epic, Acuity, and HTS);
Collects/analyzes payer data to determine denial, underpayment and overpayment trends for further review;
Produces and reconciles vendor inventory including referrals, placements, and collections and reports issues and trends to management as appropriate;
Reviews and reconcile vendor inventory reports on a monthly basis;
Creates and distributes daily Index and ATB reports, weekly A/R Trend, Productivity, Credits, and Unbilled reports and monthly Index, ATB, A/R Trend, Productivity, Credits, Unbilled, Denials, OP Cash Goals and 60 Day Cash Collections reports;
Performs other duties as assigned;
Minimum Qualifications: To qualify you must have a Bachelor's degree in business administration or healthcare administration or related field plus a minimum of two years of experience in healthcare or related field are required. High level of analytical skills and dynamic communication skills (verbal and written) are required. Microsoft Office Products familiarity required.
Preferred Qualifications: Ideal candidate will have previous experience in hospital finance and reporting. Skilled in data extraction, manipulation and analysis is preferred. Microsoft Products proficiency is a plus.
Qualified candidates must be able to effectively communicate with all levels of the organization.
NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.
NYU Langone Health is an equal opportunity and affirmative action employer committed to diversity and inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sex, sexual orientation, transgender status, gender dysphoria, national origin, age, religion, disability, military and veteran status, marital or parental status, citizenship status, genetic information or any other factor which cannot lawfully be used as a basis for an employment decision. We require applications to be completed online. If you wish to view NYU Langone Health's EEO policies, please click here. Please click here to view the Federal 'EEO is the law' poster or visit https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm for more information. To view the Pay Transparency Notice, please click here.
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Internal Number: 66584722
About NYU Langone Medical Center
NYU Langone Health is a world-class, patient-centered, integrated academic medical center, known for its excellence in clinical care, research, and education. Included in the 200+ locations throughout the New York area are five inpatient locations: Tisch Hospital, its flagship acute-care facility; Rusk Rehabilitation, ranked as one of the top 10 rehabilitation programs in the country; NYU Langone Orthopedic Hospital, a dedicated inpatient orthopedic hospital with all musculoskeletal specialties ranked top 10 in the country; Hassenfeld Children's Hospital at NYU Langone, a comprehensive pediatric hospital supporting a full array of children's health services; and NYU Langone Hospital—Brooklyn, a full-service teaching hospital and level 1 trauma center located in Sunset Park, Brooklyn. Also part of NYU Langone Health is the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute–designated cancer center, and NYU School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history.