We take pride in hiring the best, most hard-working employees. Our dedicated doctors, nurses and staff reflect the culturally and ethnically diverse community we serve. They are proof of our dedication to creating a dynamic, inclusive environment that fuels innovation and the gold standard of patient care we strive for.
What will you be doing:
The Senior Financial Analyst is responsible for assisting with the development, design, maintenance, coordination and implementation of reporting systems for business operations and management. Responsibilities include, but are not limited to, accessing data through a variety of databases and the creation of accurate, meaningful and relevant reports for diverse audiences; assisting with the administration and implementation financial initiatives; assisting in the interpretation of policies/procedures/practices.
Managed Care Reporting:
Prepare reports and presentations to communicate financial findings and recommendations to senior management.
Conduct financial modeling and forecasting to assess the impact of proposed contract changes and new initiatives.
Monitor and evaluate contract performance and financial metrics, identifying trends, variances, and areas for improvement.
Analyze managed care contracts for compliance and financial performance, identifying areas for optimization.
Generate regular and ad-hoc financial reports, summarizing key data, trends, and recommendations for decision-makers.
Lead complex or special assignments related to managed care financial analysis.
Provide analytic support across various departments and service lines, ensuring data-driven decisions.
Research and resolve inquiries related to assigned functional areas, offering strategic recommendations.
Collaborate with finance teams and management to review financial information and forecasts.
Apply federal and state regulatory requirements, as well as organizational policies and procedures, to all projects.
Qualifications
Experience Requirements:
Five (5) plus years of experience in reviewing and interpreting patient medical records using CPT and ICD10 coding systems.
Technical understanding of Healthcare Data systems is needed. Knowledge of electronic health records (EHR), claims data, and health information systems (e.ge., Epic, Cerner); Familiarity with ICD-10, CPT, and HCPCS codes, as well as other coding standards in managed care.
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Education Requirements:
Bachelor???s degree in Finance, Accounting, Healthcare Management, or related field of study
Req ID : 6681 Working Title : Senior Financial Analyst (Managed Care) - Hybrid Remote Department : MNS Accounting Business Entity : Cedars-Sinai Medical Center Job Category : Patient Financial Services Job Specialty : Revenue Integrity Overtime Status : EXEMPT Primary Shift : Day Shift Duration : 8 hour Base Pay : $81,868.80 - $126,900.80
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competi...tive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.