Financial Specialist

Job Summary

Create and maintain data collection systems for the monitoring and presentation of key operational metrics, including financial data, practice and physician level clinical activity, production data and collaborating with the administrative team in monitoring of key contract metrics such as bonus reconciliation payments, wRVU scales, and employment agreement terms.

Ensure the operational metrics are accurately monitored and measured according to actual and budgeted values. Prepare and report to the Executive team relevant financial data and operational metrics of CAMC Ambulatory Division and South Region Hospitals.
Continuously perform strategic analysis, meet ongoing data, and report generation requests and provide operational input based on current and projected scenarios related to physician employment and project assessments.

Responsibilities
• Prepare physician productivity bonus calculations on a quarterly, bi-annual or annual basis with strong attention to detail and accuracy.
• Create and maintain all deal points for physician contracts in internal system.
• Maintain physician productivity monthly accrual for month-end reporting.
• Provide work RVU information monthly to A.A., department heads and physicians. Knowledge of navigating large data sets with the ability to integrate automation for efficiency.
• Work with Academic leaders on their group incentives by calculation of work RVUs.
• Invoicing for CAMC clients such as telemedicine services, physicians working at other hospitals via service or leasing agreements.
• Assist with Malpractice Insurance Agency on current physician roster, additions, or deletions.
• Prepare, analyze, and maintain financial data as required for financial reporting, budgets and forecasting.
• Prepare financial feasibility studies, review/evaluate studies, and administrative planning studies as assigned.
• Report on Physician and Practice level productivity and clinical activity metrics.
• Assist and prepare as indicated, budgets, pro forma, business plans and ad hoc reports in collaboration with BRCA.
• Work with Practice level management and Physicians on tracking pertinent data relevant to the operational and physician employment environment.
• Support Executive Team on reporting and project requests as needed.
• Attend meetings as required and participate on committees as requested.
• Enhance professional growth and development through in-service meetings, educational programs, seminars, conferences, workshops, etc. to keep abreast of trends and changes in the field.
• Assist with special projects as assigned.

Knowledge, Skills & Abilities

Patient Group Knowledge (Only applies to positions with direct patient contact)

The employee must possess/obtain (by the end of the orientation period) and demonstrate the knowledge and skills necessary to provide developmentally appropriate assessment, treatment or care as defined by the department's identified patient ages. Specifically the employee must be able to demonstrate competency in: 1) ability to obtain and interpret information in terms of patient needs; 2) knowledge of growth and development; and 3) understanding of the range of treatment needed by the patients.

Competency Statement

Must demonstrate competency through an initial orientation and ongoing competency validation to independently perform tasks and additional duties as specified in the job description and the unit/department specific competency checklist.

Common Duties and Responsibilities
(Essential duties common to all positions)

1. Maintain and document all applicable required education.
2. Demonstrate positive customer service and co-worker relations.
3. Comply with the company's attendance policy.
4. Participate in the continuous, quality improvement activities of the department and institution.
5. Perform work in a cost effective manner.
6. Perform work in accordance with all departmental pay practices and scheduling policies, including but not limited to, overtime, various shift work, and on-call situations.
7. Perform work in alignment with the overall mission and strategic plan of the organization.
8. Follow organizational and departmental policies and procedures, as applicable.
9. Perform related duties as assigned.

Education
• Bachelor's Degree (Required)


Education: Degree should be in business- accounting- finance or related field


Experience: 3-5 Years - related financial experience

Work Schedule: Days

Status: Full Time Regular 1.0

Location: General-MSOB

Location of Job: US:WV:Charleston

Talent Acquisition Specialist: Tamara B. Young View email address on click.appcast.io