Financial Analyst, LOCATED IN BEDFORD, NH

Working under the general direction of The PBO Operations Manager, in the Professional Billing Office (PBO), the Financial Analyst is primarily responsible for analytical support and report development with specific focus on Embassy Billing. This billing includes hospital and professional charges, internal and external to MGH to international embassies. Responsibilities include creating / running reports, interpreting results, WQ reviews, approval reconciliations, and identifying areas of improvement.

The Financial Analyst

must have a general understanding of the revenue cycle and be able to identify opportunities to improve overall billing performance or explain .

Analysis includes review of revenue cycle benchmarks to understand key influences on the organization’s or an individual practice’s billing performance.

The Financial Analyst assists in the preparation of summaries and reports for the PBO Operations Manager, PBO Management Team, GH Leadership, and others as needed.

The MGPO Professional Billing Office is the central billing office for physician practices affiliated with Massachusetts General Hospital in Boston, Massachusetts. It also provides billing services for Newton Wellesley Ambulatory Services and the North Shore Physicians Group.

PRINCIPAL DUTIES AND RESPONSIBILITIES:
Conduct analysis

(performance, variance and financial) as assigned. Assist with creating/update monthly reports

which include but are not limited to, metric comparisons and other complex

projects as assigned. Many of these

projects are related to periodic audits requested by the embassies to ensure

all receivable balances match. This will

require consolidating data from different billing platforms and coordinating

efforts with all key stakeholders.

Review current performance

results and compare against historical payment and receivable aging trends..

Proactively identify

opportunities and key issues to improve payment performance, reduce billing

lag, and improve reconciliation of reimbursements. This will include performing reconciliations

between bank deposits and actual payments posted to ensure all amounts

reconcile. Summarize findings in report

or presentation format.

Work with the members of PFS

and the International Patient Center (IPC) teams to review billing processes and identify

opportunities for improvement ..

Collaborate with other areas

within and external to the PBO, MGPO Finance and Partners for exchange of

information pretaining to outstanding receivables, pending bills, and patient

documentation.

Qualifications

High School Diploma Required, Bachelor’s degree preferred

1 year experience in a professional healthcare setting required, knowledge of financial analysis in a health care setting is preferred

SKILLS/

ABILITIES/ COMPETENCIES REQUIRED:
Solid

understanding of healthcare billing, finance and accounting

principals

Proficiency

in Microsoft Office suite (Excel, Word, Access, PowerPoint, Outlook) and Adobe

required

Familiarity

with billing systems desired, with special emphasis on EPIC platforms

Analytical

and presentation skills, with strong attention to detail

Requires excellent oral and written communications skills

Ability to present information and respond to

questions from multiple levels of staff, including but not limited to,

Managers, providers, PBO colleagues, and front desk staff

Ability

to define problems, to collect and analyze data, to establish facts and to draw

valid conclusions

Ability

to read, analyze and interpret financial and operational data..Investigate billing/payment

discrepancies

Ability

to successfully manage numerous tasks simultaneously

WORKING

CONDITIONS:
The

hours are usually Monday through Friday 8:00 AM to 4:30 PM but vary according

to the demands on this exempt salaried position

The

work environment is very busy and dynamic

Staff

is very collaborative and work together to solve issues with particular

practice issues

There

are often multiple conversations occurring at the same time – the staff needs

to be able to handle an environment that is not quiet

The

employee is required to travel to any Partners’ facilities to attend off-site

meetings. This may include occasional

travel to international embassies located in Washington, DC..

SUPERVISORY

RESPONSIBILITY:
The Financial Analyst has no direct reports.

FISCAL

RESPONSIBILITY:
None

EEO Statement

Massachusetts

General Hospital is an Equal Opportunity Employer.

By embracing diverse

skills, perspectives and ideas, we choose to lead. Applications

from protected veterans and individuals with disabilities are strongly

encouraged.

Primary Location

:

NH-Bedford-MGH Bedford

Work Locations

:

MGH Bedford

5 Bedford Farms Drive

Bedford

03110

Job

:

Finance/Accounting

Organization

:

Massachusetts General Hospital(MGH)

Schedule

:

Full-time

Standard Hours

:

40

Shift

:

Day Job

Employee Status

:

Regular

Recruiting Department

:

MGH Professional Billing Office

Job Posting

:

Mar 23, 2017