- Maintain all managed care contracts for both the Hospital and Medical Group.
- Maintain database for contract modeling and payment validation.
- Assist in negotiations with managed care organizations to secure provider agreements that advance the profitable growth of the Health System.
- Work with internal service line leaders to understand clinical operations and their impact on the health system and its managed care contracts.
- Service line contribution margin analysis. Collaborates with management and clinical partners to gather, analyze, and present recommendations.
- Maintain working knowledge of the external business environment and its impact on managed care agreements.
- Supports the Hospital and Medical Group's quality programs initiatives and their success in the managed care contracts.
- Meet and negotiate with the large health plans in the area/nationally. This will entail some senior level executive meetings both internally and with the health plans.
- Work with the VP of Finance to develop and implement the overall Health System managed care strategy.
- Ensure that provider services agreements can be supported, and key deliverables or performance targets are upheld in advance to committing the organization to their terms
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Financial Analyst - Stamford, United States - Stamford Health
Description
Job DescriptionStamford Health is looking for a fulltime Financial Analyst to join the team. This is a Monday-Friday position.
This position is responsible for contract modeling as it pertains to the Health Systems managed care contracts along with maintaining databases and the requisite contracts. Reporting and analysis of payments along with verifying contract adherence. Providing problem solving support on revenue and financial issues across all Health System departments. Contribution Margin analysis and documentation to drive operational departments and improve efficiency.
Responsibilities
Minimum requirements are: Bachelor's degree require. Preferred in Accounting or Finance.
1-3 years' experience in a financial related position.
High level of literacy with computers and database management, including prior experiences importing & exporting data files.
Excellent communication skills
Demonstrated abilities using Microsoft Excel at an advanced level (vlookup, hlookup, linking files, formatting tables), developing and reporting from MS ACCESS databases, Tableau, and prior exposure to reimbursement or cost accounting software. Ability to work unsupervised under tight guidelines with high attention to detail. Ability to analyze, and critically appraise, financial statistics and reports.
About Us
About Stamford Health
Stamford Health is a non-profit independent health care system with more than 3,800 employees committed to caring for the community through a wide range of high-quality health and wellness services. Patients and their families receive expert, compassionate care through the system's 305-bed Stamford Hospital; Stamford Health Medical Group, with more than 40 offices in lower Fairfield County offering primary and specialty care; a growing number of ambulatory locations across the region; and support through the Stamford Hospital Foundation.
Stamford Health is known for its expert, person-centered care through its many recognitions and partnerships. U.S. News & World Report has recognized Stamford Hospital as a High-Performing Hospital. The Centers for Medicare and Medicaid Services (CMS) rated Stamford Hospital as a five-star hospital for Overall Quality and The Leapfrog Group awarded Stamford Hospital an "A" for patient safety. The American Nurses Credentialing Center has granted Stamford Hospital Magnet Status, which recognizes superior patient care with the highest level of safety, quality, and patient satisfaction. Stamford Health is Planetree Gold-Certified for Excellence in Person-Centered Care and is a CertifiedTM Great Place to Work.
Stamford Health is a major teaching affiliate of the Columbia University Vagelos College of Physicians and Surgeons and has recently expanded its relationship with Columbia to offer treatment and expertise from Columbia University Irving Medical Center's nationally recognized heart surgeons. Stamford Health and Hospital for Special Surgery (HSS) have created a premier center for specialty orthopedic care right in Stamford, Connecticut. Additionally, in 2020 Stamford Health's Carl & Dorothy Bennett Cancer Center entered into an expanded collaboration with Dana-Farber Brigham Cancer Center.
Dedicated to being the community's most trusted health care partner, Stamford Health puts patients first to build long-lasting relationships. For more information, visit Like us on Facebook and follow us on Twitter, Instagram, YouTube, and LinkedIn.
About the Team
Why work for Stamford Health?
Stamford Health offers an extremely competitive salary with generous shift differentials where appropriate.
Our Total Rewards Program is ranked as one of the highest satisfiers based on our employee engagement surveys.
With over 100 transfers and promotions each year for the past 5 years, Stamford Health is a place for you to grow and develop your career. Many departments from Nursing to Information Systems and Rehabilitation have Career Ladder programs that foster career development.
Whether employees choose to live in the greater Stamford, CT area or commute from New York or Fairfield, we offer free convenient parking and free transportation from the Stamford train stations.
Our collaborative with Hospital for Special Surgery, and the Dana Farber Brigham and Women's Cancer Care Collaborative, connect us directly with world class expertise, research, resources and technology to put us at the forefront of patient care.
We have a robust Professional Development and Organization Development program that provides both clinical and non-clinical staff with the opportunity to develop and grow professionally.
For organizational leaders, we offer a comprehensive New Manager Orientation four times per year. Our program designed specifically for Stamford Health will help prepare today's and tomorrow's leaders for success with an innovative curriculum based on best practices. It will also enhance the skills of our leaders that bring their fresh leadership perspective from other organizations.
Financial Analyst professionals in Stamford
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Shivani Agrawal
Data Analyst
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Andrew Snopkowski
Sr Manager - Pricing Analytics, Benjamin Moore