General Summary

Under limited supervision develops, analyzes, reports and interprets complex financial information to assist management in evaluating and executing the organization's business plans in compliance with the Health Services Cost Review Commission (HSCRC) and Center for Medicare and Medicaid Services (CMS) regulations for multiple facilities. Knowledgeable resource to advise and support administrative and/or clinical departments and other hospital staff as needed. Analyzes, interprets and summarizes hospital specific volume data and trends. Assists with financial projects with administrative and/or clinical staff. Responsible for training other Analysts and supporting routine and special projects. The employee will be assigned to a specialized functional area such as case mix, charge description master (CDM), policy and methodology, and/or rate setting.

Principal Responsibilities and Tasks

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. These are not to be construed as an exhaustive list of all job duties performed by personnel so classified.

1. Analyzes, interprets, summarizes and distributes routine reports for monthly financial processes to ensure accurate revenue recognition and compliance. These reports include, but are not limited to, financial statement revenue analytical packages, case mix analytical packages, audit impact accruals, uncompensated care data, market shift analysis, exclusion reports and CDM / revenue integrity audits.
2. Produces and submits various reports and data submissions to external agencies. Ensures complete and accurate data capture in compliance with published regulations and deadlines for assigned hospitals.
3. Works collaboratively with departments within and outside of Finance to ensure compliance with all regulatory submissions and requirements.
4. Coordinates the development of educational in-services to clinical departments, CBO, IS&T and other administrative staff related to CPT, CMS and HSCRC regulations as well as charging and billing issues.
5. Responsible for performing audits with a focus on accuracy, maintaining compliance with regulatory agencies, and assisting facilities with charge capture, billing, coding, clinical documentation and compliance issues.
6. Analyzes reports to determine areas of improvement or in need of further investigation; determines appropriate plan of action and works with department to rectify any charge capture problems. Exhibits a general knowledge of hospital specific charge capture processes to be able to effectively resolve issues.
7. Provides analytical and technical support regarding hospital volume changes and helps to resolve the issues identified.
8. Monitors and analyzes variances in financial, patient-level coded, and charge data to determine areas of improvement or in need of further investigation. Determines appropriate plan of action and works with departments and others to coordinate resolution of issues and identification of opportunities for improvement.
9. Fulfills ad-hoc data and reporting requests as needed.
10. Assists team members and management in developing, enhancing, and maintaining standard processes, reports, databases, and reference data to support accurate, consistent, efficient, and quality service to internal and external customers.
11. Participates in testing and data validation during new system implementations and upgrades to existing systems.
12. Attends and participates in in-service training and various educational programs for continuous professional development.
13. Trains and educates analysts and other new hires.
14. Prepares and leads meetings, under limited guidance from supervisor, with clinical departments, hospital leadership, and internal stakeholders.
15. Independently creates ad-hoc reports and analysis to solve complicated problems for hospital, clinical, and departmental leadership.
16. Possesses a basic to intermediate knowledge and understanding of the skills necessary for the specific functional area in which they are assigned.