Mgr Financial Planning; BHS

Mgr Financial Planning (BHS) role at Beacon Health System
. Reports to the Executive Director, Financial Planning. Manages charge services, financial, statistical and reporting areas. This includes the annual financial plan or budget, program / capital pro forma, charge setting, data transfer to outside agencies, creation/validation of software programs and cost analysis. Conducts various financial studies to provide feedback for all levels of BHS management.

• MISSION:
  We deliver outstanding care, inspire health, and connect with heart.
• VALUES:
  Trust. Respect. Integrity. Compassion.
• SERVICE GOALS:
  Personally connect. Keep everyone informed. Be on their team.

• Scheduling, assigning and monitoring the work of assigned team members to ensure quality and timeliness of work performed.
• Monitoring all projects and work assignments in progress and providing periodic status reports to the Executive Director, Financial Planning.
• Providing ongoing technical guidance and assistance to subordinate team members.
• Planning and coordinating ongoing training and education and providing a comprehensive orientation for new team members in the department.
• Reviewing subordinate's work for accuracy and completeness.
• Mentoring and developing team members as necessary.
• Coordinating the preparation and assembly of financial and statistical reports required by third party or government agencies and various consulting firms.
• Managing the provision and review of financial and statistical data used in cost studies, budgeting and rate setting. Ensuring accuracy and consistency from year to year.
• Determining the financial impact related to the information gathered, developing reports as required, making recommendations for process improvements and identifying cost reduction opportunities.
• Monitoring statistical information by analyzing data on a monthly/quarterly basis to determine if any trends are developing and to address changes as quickly as possible; also developing necessary statistical reports as requested using various computer programs.
• Maintaining contact with all levels of BHS management in order to communicate and collect current financial data and statistics and maintaining significant departmental statistics and reports for reference.
• Conducting cost studies on new/existing programs, analysis of major capital expenditures, contribution margin analysis, selective auditing of capital investments.
• Provides results and recommendations to Administration, Executive Directors and Departmental Directors.
• Development and maintenance of Staffing Plans used extensively in budget process.
• Preparation and analysis of labor variance reporting for all entities.
• Coordinate maintenance of BMG provider master list and review of physician compensation reports.

• Obtaining data and validating accuracy of information from numerous software systems; including but not limited to Boston Workstation, People Soft Nvision for Budget and General Ledger, Crystal for People Soft HR/PR, SQL for Star Patient Accounting, DIVER for data warehouse, Explore & Discern Analytics for Cerner, ProPM and Business Objects.
• Executing development and maintenance of the operating budget database using software data loads and verifying all parameters are set.
• Utilizing in-depth knowledge of the software systems to effectively manage functionality of all software.
• Troubleshooting and resolving functional problems relating to various software packages.
• Seeking possible opportunities to more effectively utilize computer capabilities; also communicating with the Executive Director, Financial Planning regarding these possible opportunities.
• Training staff on report development from all software systems.
• Reviewing software upgrades, developing software test plans; validating results.
• Making recommendations to improve processes throughout the organization through the use of software programming.
• Providing and substantiating data used in the implementation of patient revenue rate adjustments.
• Ensuring accuracy and timeliness of data loads.
• Analyzing options for strategic rate adjustments. Researching requests regarding additions to hospital and BMG charge masters.
• Understanding adds, modifications and deletions related to annual CPT changes.
• Researching Medicare and Medicaid billing regulations related to charge issues.
• Utilization of coding software.
• Understanding differences between hospital and physician billing.
• Coordinating maintenance and enhancements to ratio of cost to charge programs which allows allocation of indirect expenses to appropriate departments for critical cost analysis.
• Designs reports and analyzes information.
• Administering data transfers to external software systems for billing/coding research, reimbursement enhancements and benchmarking activities.
• Attests to the accuracy of the data transmittals.

• Developing and maintaining positive working relationships with Beacon Health System…