Physician Practice Financial Mgr IAnalyst
Physician Practice Financial Mgr IAnalyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Location:
Rosedale Office BuildingDepartment:
AdministrationShift:
First Shift (United States of America)Standard Weekly Hours:
40Summary:
The Physician Practice Financial Manager is the primary contact for financial matters for each clinic/group assigned. Responsibilities include but are not limited to:
Performing financial analysis including evaluation of operational performance compared to both budgeted and historical results and its relationship to physician compensation
Perform revenue cycle analysis including identifying if there are potential inefficiencies or issues within revenue capture processes
Perform statistical analysis and evaluation of staffing expenses compared to internal peers external benchmarks budgeted and historical trends
Construct review and recommend approval for the annual budget for each clinic/group
Calculate and submit the accurate and appropriate physician draw incentive and other physician payments timely to payroll for payment
Holds primary responsibility to communicate and educate physicians and staff about new financialinitiatives to implement that may be atypical to normal operations or driven by CCHCS initiatives
Initiate processes surrounding physician leave and FMLA
Initiate contractual amendments related to changes in physician activity
Initiate required monthly draw changes for physician pay in accordance with Cook policies
Account for report validate and ensure appropriate payment for Medical Director or other Administrative Position payments
Perform forwardlooking financial forecasting to assist in clinic/groups decision making at the request of either group physicians CCPN Administration or other CCHCS departments
Mediate discussions among clinic/group members about expenses allocations clinical measurements and other financial and operational matters
Evaluate opportunities and risks associated with clinic/group new lines or locations of service
Provide input required by external entities such as auditors or consultants
Qualifications:
Bachelors Degree in Accounting Finance Business Administration (or similar) is required. Masters Degree or CPA is preferred (progressive experience in lieu of degree or partial passing of CPA may be considered).
Minimum of two years of accounting experience finance analysis or related experience required preferably in Healthcare.
Analytical ability required to evaluate and interpret financial statistical revenue cycle and operational data in order to make sound and objective recommendations for operationally strategic options.
Ability to evaluate highly complex performance data and determine if objective are being met.
If objectives not met develop and recommend options to improve stated objectives.
Working knowledge of financial acumen and the ability to recognize operational deficiencies through data and effectively translate and communicate outcomes and value driven opportunities to both Administration and Physicians.
Understanding of challenges and interworking of an integrated healthcare organization.
Working knowledge of Excel Power Point (SQL preferred not required).
Must have proficiency in computer spreadsheet applications including graphing and complex formulas often linking multiple worksheets (very high level of usage).
Requires a fundamental knowledge of software that supports business and should be proficient within 90 days (Lawson Epic Strata and other data repositories for example).
Certification/Licensure:
CPA Preferred
About Cook Childrens:
Our notforprofit organization is comprised of a flagship medical center in Fort Worth Texas a new medical center in Prosper Texas a physician network home health company surgery centers health plan health services and health foundation. With more than 60 primary specialty and urgent care locations throughout Texas families can access our topranked specialty programs and network of services to meet the unique needs of their child. Cook Childrens is honored to continually receive recognition for our outstanding efforts and outcomes in pediatric health care.
At Cook Childrens were more than a health care systemwere your friends neighbors and even family members. And were parents too so we can see the world through your eyes. We see what youre going throughand how we can help you and your child get the best care and support possible.
Cook Childrens is an EOE/AA Minority/Female/Disability/Veteran employer.
Required Experience:
Manager
Employment Type
Full-Time
