Niagara Falls Memorial Medical Center

Budget Analyst

Niagara Falls Memorial Medical Center

Niagara Falls New York

Salary: Neg Per Hour


COST REPORTING FUNCTIONS

  • Overall responsibility for completion and coordination of annual cost reporting filings.
  • Prepare various cost report expense schedules for Medicare and Medicaid Cost reports such as: re classes, recoveries, physician adjustments, etc.
  • Prepares various B-1 stats for cost reports
  • Coordinates with Information Technology staff (IT) the capture of patient level detail FOR utilization statistics needed for cost reports (patient days, discharges, visits etc.)
  • Coordinate the filing of Medicare bad debt and charity care costs with patient accounting staff.
  • Submits the annual DSH reporting tools for Medicare and Medicaid.
  • Reconciles the DSH paid claims data received from NY State DOH with internal data.
  • Assists Revenue Accountant in verifying collection percentages used for developing net accounts receivable.
  • Work closely with Revenue Accountant on update of Med asset contract manager system.
  • Review monthly inpatient and outpatient net revenue schedules with CFO as prepared by revenue accountant.
  • Coordinate third party audits and files Appeals for Medicare and Medicaid as needed.

BUDGET ANALYST FUNCTIONS

  • Prepare and distribute monthly statistical summary data collected from Departments managers to Administrative team.
  • Prepare and distribute pay by pay full time equivalents reports with payroll dates for the use by department managers.
  • Prepare, review and distribute monthly budgets to actual reports
  • Maintain consistent automated process to provide all Medical Center departments with tools and historical information to prepare annual budgets.
  • Assist Department managers with monitoring and investigating budget to actual variances.
  • Educate departments on use of budget tools and availability of adhoc information to prepare department budgets.
  • Accumulate and summarize budget to actual variances on a monthly basis for use in preparing board Presentations for both Medical Center and nursing home.

Job Overview

Posted Date: 30 Jan 2025

Location: Niagara Falls New York

Salary: Neg Per Hour

Company Information

At Niagara Falls Memorial Medical Center we strive to provide the highest level of care through our highly skilled health care professionals and leading-edge technology.

Name: Niagara Falls Memorial Medical Center

Web: https://nfmmc.org/

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