Financial Specialist: Maintain and analyze data related to the financial performance of hospital departments, by compiling and reporting information as requested by management.
·Collaborate with hospital departments to obtain required information needed for financial statements.
·Maintain weekly/monthly dashboard of key indicators and external benchmarks as defined by management.
·Participate in cross-functional meetings to discuss and present current projects and findings.
·Monitor performance of service line financial objectives, including volume, expense savings, and revenue enhancement, while analyzing variance between actual and budgeted revenue/expenses, on an ongoing basis.
·Support senior management with compilation of information needed for the preparation and maintenance of the revenue cycle (macro) model and balanced scorecard model, which supports organizational goals to maximize realizable revenue, minimize denials, and accelerate cash flows.
·Knowledgeable about Medicare/Medicaid regulations as well as compliance of all HIPPA privacy laws.