Financial Analyst - Managed Care 651706
Financial Analyst - Managed Care 651706
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Job Description
SUMMARY
The Financial Analyst II Managed Care performs various complex analytical tasks to support contract analysis and modeling for JHM. Participates in the development implementation and/or maintenance of contract rates and fee schedules for various contracted payors. A Financial Analyst II is empowered to own develop and suggest improvements for their responsible areas to aid in improving managed care contracts.
Knowledge Skills and Abilities:
Performs analysis and rate modeling of managed care contracts in support of negotiations renegotiations and renewals. Analyze rate proposals and develop strategies to increase revenue.
Supports data driven decision making by formulating recommendations based upon data trend analysis financial and operational modeling and strategic market research.
Performs a wide variety of duties including working collaboratively with internal stakeholders to drive key managed care initiatives and programs.
Reviews and interprets managed care contracts regarding contract and reimbursement terms conditions policies guidelines and regulations and keeps them current and accurate in various systems.
Follow up with the payer as appropriate to obtain additional reimbursement information. Leads ongoing maintenance and auditing of contract management rate calculations.
Works with Managed Care team to identify trends and to review and research variances. Communicate effectively with the Managed Care team payer representatives and other internal and external stakeholders.
Demonstrates a highlevel of analytical skill to prepare financial and/or statistical analyses for various stakeholders possessing a strong attention to detail.
Exhibits advanced skills in Microsoft Excel Access Power BI and data tables and has considerable experience with financial systems (EDW Power BI and EPSi preferred).
Illustrates skills for managing moderatelevel data projects including assessment organization soliciting inquiry presentation and proposing recommendations and/or solutions to leadership in a timely and relevant manner.
Education:Requires a bachelors degree in business accounting finance or related field. Masters degree work is preferred.
Work Experience:Requires three years of experience in finance budgeting accounting or a similar field preferably in a healthcare setting.
Salary Range: Minimum$28.47per hour Maximum$47.00per hour.Compensation will be commensurate with equity and experience for roles of similar scope and responsibility.
JHM prioritizes the health and wellbeing of every employee. Come be healthy at Hopkins!
Diversity and Inclusion are Johns Hopkins Medicine Core Values. We are committed to creating a welcoming and inclusive environment where we embrace and celebrate our differences where all employees feel valued contribute to our mission of serving the community and engage in equitable healthcare delivery and workforce practices.
Johns HopkinsHealth Systemand its affiliatesare an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity and expression age national origin mental or physical disability genetic information veteran status or any other status protected by federal state or local law.
Johns Hopkins Health System and its affiliates are drugfree workplace employers.
Required Experience:
IC
Employment Type
Full-Time
