The senior financial analyst's responsibilities include assisting with financial planning and budgeting processes, analyzing financial statements and reports, developing financial models, preparing projections, and performing research and analysis as may be required by leadership.
What you will do:
Hybrid Position
Reporting to the Director Finance for the Medical Groups, the Senior Financial Analyst is responsible for accurately paying providers employed by Holy Cross Health. Under limited supervision, the Senior Financial Analyst reviews physician employment agreements, policy and addendums, and develops and updates the physician compensation models to ensure that payments stay compliant with the contractual terms and with Holy Cross Health Policy. In addition, the position performs financial analyses regarding the financial performance of the medical group, including volumes, reimbursement, and expense management. In doing so, this role works closely with various members of hospital and medical group leadership and with physicians.
*Oversees and supports administration of various provider compensation models, ensuring compliance with Holy Cross Health policies, procedures, and guidelines.
*Develops, maintains, and updates physician compensation models, including regular auditing and reconciliation. Guides future development and enhancements to models.
*Performs regular analysis of complex compensation calculations including wRVU incentive models, clinical quality compensation, and value-based metrics.
*Serves as a subject matter expert and consults with physicians and all levels of leadership throughout the organization on physician compensation and related policies and practices.
*Uses EHR data and related databases for reporting and calculating wRVUs for provider compensation.
*Provides monthly physician compensation analysis and provides analysis of current and future compensation models for Medical Group Administration. Performs robust financial analysis on physicians' practices and makes sound, data-driven recommendations to senior leadership on fiscal viability of contract renewals.
*Main point of contact and problem-solver for physicians with compensation issues and concerns. Must utilize critical thinking and investigative skills to research and resolve variable, complex compensation issues.
*Works with the Medical Group Administration to budget provider compensation appropriately among variable components (wRVU incentive compensation, quality compensation, etc).
*Regularly interprets and administers compensation based on physician employment agreements.
* Reviews changes in benchmark data for impact on current provider compensation plans; makes recommendations for changes.
Minimum Qualifications:
Bachelor's Degree required, preferably in accounting, finance, or business administration.
Master's degree in healthcare administration, Business Administration, or another related field preferred.
Five (5) years minimum experience and/or educational years will apply, preferably in a health care setting, with background in accounting, finance, or provider compensation.
Microsoft Excel and Microsoft Access proficiency required.
Position Highlights and Benefits
Comprehensive benefit packages available, including medical, dental, vision, paid time off, 403B, and education assistance.
We serve together in the spirit of the Gospel as a compassionate and transforming healing presence within our communities.
We live and breathe our guiding behaviors: we support each other in serving, we communicate openly, honestly, respectfully, and directly, we are fully present, we are all accountable, we trust and assume goodness in intentions, and we are continuous learners.
Ministry/Facility Information:
Holy Cross Hospital in Fort Lauderdale, Florida is a full-service, non-profit Catholic hospital, sponsored by the sisters of Mercy and a member of Trinity Health.
We are committed to providing compassionate and holistic person-centered care.
We are the only Catholic hospital in Broward and Palm Beach counties and are not for profit. We are part of Trinity Health, one of the largest multi-institutional Catholic health care delivery systems in the nation. Together, we serve people and communities in 21 states from coast to coast, providing nearly 2.8 million visits annually.
Comprehensive benefits that start on your first day of work
Retirement savings program with employer matching
Legal Info
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.