Junior Training Analyst at Banco Bmg developing and delivering training courses. Fostering inclusion and professional development for clients and employees.
About the role
- This job performs wide range of third-party reimbursement services and acts as a financial and operational liaison for operations, regulatory agencies , or other outside entities.
- This incumbent serves as a technical expert on reimbursement issues for team members and management.
- The incumbent analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions.
- Recommends, based on trends and historical analysis, revenue adjustments or cost improvement measures.
- May be responsible for management and reporting functions for programs funded by federal, state, local or commercial partners through supplemental programs or value based incentive payments.
- Leads in preparation, evaluation, and maintenance of processes in support of regulatory and third party updates including quarterly work papers, annual audits, cost accounting and third party accounting.
- Communicates any issues to team and management.
- Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles.
- Interprets financial transactions and events for users who make economic or business decisions.
- Provides expertise and education in budgeting, revenue recognition, reimbursement, system and process changes. Correlates Revenue/Expense to volumes and prepares reports to assess financial performance.
- Develops and/or maintains processes and performs complex calculations to support the short and long term strategic plans and operating budgets, supports monthly financial statement and comparisons of payor performance.
- Performs detailed variance analysis against expected budget, forecast, prior periods, modeling or other revenue benchmarks as required to support operations.
- Analyzes contractual or financial results, trends, performance metrics and provides root cause analysis to support business decisions.
- Recommends cost saving and revenue enhancement improvement measures.
Requirements
- Minimum Bachelor's Degree in Business, Finance, Accounting or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.
- Proficiency with spreadsheet applications and database management.
- Demonstrated ability to understand and apply complex federal regulations and policy.
- Preferred Master’s Degree in Business, Finance, Accounting or related field.
- 5 -7 years of Third-party reimbursement in a healthcare environment.
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BG
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