About Us: As a not-for-profit organization, Partners HealthCare is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, Partners HealthCare supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.
We're focused on a people-first culture for our system's patients and our professional family. That's why we provide our employees with more ways to achieve their potential. Partners HealthCare is committed to aligning our employees' personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development-and we recognize success at every step.
Our employees use the Partners HealthCare values to govern decisions, actions and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.
General Overview: Population Health Management (PHM) is an innovative model of care delivery that aims to improve the health of patients while lowering the overall costs of care. This includes best practices and tactics to improve outcomes, reduce expenses and provide better organized and more personalized care to our patients.
The Financial Analyst II Advanced will be responsible for assisting in developing and monitoring the Medicaid ACO program budget, expense reconciliation, monitor expenses, assist in implementing new grant accounting software and support financial management of PHM programs.
Principal Duties & Responsibilities:
• Responsible for developing, monitoring and processing the budget and expenses for the Medicaid Accountable Care Organization (ACO) program across all participating Partner's entities and Physician Organizations (POs). • Communicate with PHM and Program Leaders on financial concerns of the Medicaid ACO, including budgeting, expenses, FTEs and reconciliations. • Facilitate quarterly calls with the Physician Organizations and PHM Leadership. Provide information and analysis as requested. • Complete the financial sections for Medicaid ACO reporting requirements to the Commonwealth of Massachusetts in conjunction with the Medicaid ACO Program Manager. • Analyze and process appropriate payments for the Medicaid ACO program. • Assist with implementation and utilization of grant accounting software, including data verification, development of reports and reconciliation between systems. • Support and collaborate with PHM's financial team and management in the development of PHM's annual budgets, alignment of FTEs and entering of budget data into the budgeting system (Hyperion). • Create monthly ACHs and journal entries for expense reimbursements. • Responsible for monitoring and evaluating the budgeted variances for expenses, investigate differences in FTEs, and follow through with Program Leaders and Physician Organizations. • Responsible for the production, analysis and distribution of monthly, quarterly and yearly financial reports for Medicaid ACO and PHM programs. • Assist PHM and PO Program Leaders in the interpretation of financial data in the monthly/quarterly financial reports. • Design potential process improvements to support streamlining procedures and reporting requirements. • Act as liaison between Population Health Management, Medicaid ACO team and Partners' Budget and Accounting offices. • Work independently on internal inquiries and ad hoc projects as necessary. • Other duties as assigned.
Qualifications * Bachelor's degree required in Finance, Accounting or related discipline required. * Minimum of 2 years relevant experience including budgeting or accounting. * Healthcare or Grant/Fund accounting experience preferred.
Skills & Abilities:
* Excellent analytical and problem-solving skills. * Ability to meet timelines, deliverables, and exercise good judgment while dealing with sensitive and confidential information. * Advanced proficiency in MS Excel. * Must be detailed oriented and highly organized. * Must be self-motivated, resourceful, and able to take initiative. * Strong verbal and written communication skills. * Ability to prioritize and resolve critical issues efficiently and effectively.
Partners HealthCare is an Equal Opportunity Employer & by embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.
Partners Healthcare System Inc. is acting as an Employment Agency in relation to this vacancy.
Internal Number: 3125957-1435_1593673245
About MGH Institute of Health Professions
MGH Institute of Health Professions, founded by Massachusetts General Hospital in 1977, is an innovative and independent graduate school in Boston that is a member of Partners HealthCare. A progressive leader in developing comprehensive models of health care education, the MGH Institute prepares advanced practice professionals in the fields of nursing, physical therapy, occupational therapy and communication sciences and disorders through a distinctive combination of academic study, clinical practice, and research. More than 1,200 students are enrolled in graduate level and certificate programs, with an increasing number of courses available online. The Institute is accredited by the New England Association of Schools and Colleges (NEASC).