Financial Analyst

The Financial Analyst provides analysis and operational support for managed care contracting and revenue integrity initiatives, ensuring compliance with federal, state, and payor regulations. This role plays a pivotal part in optimizing reimbursement strategies, supporting financial forecasting, contract performance evaluation, and strategic decision-making within the University of Iowa Hospitals & Clinics (UIHC) and the Carver College of Medicine (CCOM).

In addition, collaborating in managed care analytics, this position will collaborate across departments to enhance financial workflows, contract management methodologies, and reporting precision.

Position Responsibilities:

Contract Oversight and Managed Care Strategy

• Support managed care contracting and revenue integrity initiatives, ensuring contract compliance, financial forecasting, and performance monitoring.

• Assist with analyzing commercial payer contracts, reimbursement models, and financial trends to optimize hospital and provider payment strategies.

• Maintain and assess contractual financial data, ensuring accuracy and alignment with regulatory requirements and hospital financial goals.

• Support hospital reimbursement methodologies, including Medicare, Medicaid, and commercial payer models impacting managed care initiatives.

Financial Reporting and Data Integrity

• Support the accuracy and integrity of financial reporting related to hospital contracting, payment models, and revenue integrity functions.

• Assist in utilizing financial analysis tools to generate detailed reports supporting compliance, strategic decision-making, and reimbursement optimization.

• Support in the development of comprehensive reporting tools for management regarding payments, collections, denials, and appeals.

• Assist leadership by aligning financial analytics and reporting deliverables with regulatory requirements and strategic priorities.

Stakeholder Collaboration and Advisory

• Assist with hospital contracting and financial implications of managed care strategies.

• Collaborate across finance, clinical operations, and IT to refine financial workflows, enhance efficiency, and improve reporting methodologies, including outside of hospital based contracting projects when needed.

• Provide data-driven insights to management, supporting informed decision-making and strategic planning for managed care contracting.

Continuous Improvement and Strategic Support

• Identify financial risks and implement controls to enhance reporting accuracy, reduce compliance issues, and optimize revenue integrity.

• Contribute to process improvements in hospital contracting, reporting systems, and compliance strategies.