Financial Analyst I
Overview
Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change. The Financial Analyst I manages all projects assigned under the direction and guidance of the manager within their area of responsibility while supporting the initiatives and goals of the Department. *This is a Remote position** (subject to change based on needs)
Responsibilities
A day in the life of a Financial Analyst I at Hackensack Meridian Health includes: Reconciles 'Pre-Bundle' data with payor. Develop pricing for 'Bundles' for payor. Reconciles actual spend with payor 'Post Bundle' period end. Involved in the CDM synchronization for the network. Assists with Charge Master development and analysis. Prepares, monitors and analyzes trends/targets on a monthly basis. Analyzes/interprets and models managed care contracts as assigned. Responsible for all projects assigned. Assists other team members on projects as assigned. Ensures compliance with department initiatives and goals. Performs other related duties incidental to the work described herein. Adheres to the HMH's Organizational Competencies and Standards of Behavior.
Qualifications
Education, Knowledge, Skills and Abilities Required: Three or more years of experience working with managed care contracts and/or a related field. Demonstrated knowledge of managed care contract terminology (i.e. CPT codes). Effective oral and written communication. Collaboration with other team members. Prior experience with EPIC. Education, Knowledge, Skills and Abilities Preferred: Bachelor's degree in Finance or other related field. If you feel that the above description speaks directly to your strengths and capabilities, then please apply today! Starting Minimum Rate Minimum rate of $73,153.60 Annually Job Posting Disclosure HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to: Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness. Experience: Years of relevant work experience. Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training. Skills: Demonstrated proficiency in relevant skills and competencies. Geographic Location: Cost of living and market rates for the specific location. Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization. Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered. Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.