HEALTH FINANCIAL ANALYST 0261

DISTINGUISHING FEATURES OF THE CLASS

An employee in this class performs highly specialized work for a health services agency related to the collection of revenues from Medicare, Medicaid, and other third-party insurers. Work involves the development and implementation of revenue collection procedures, and the monitoring of established systems. The incumbent works with considerable independence and utilizes accounting skills in the performance of duties. Work is reviewed through reports and conferences with a professional or administrative supervisor. Does related work as required.

TYPICAL WORK ACTIVITIES

Performs analyses of information pertaining to health services agency revenue sources;

Develops and implements procedures for the collection of Medicare, Medicaid and other third-party revenues;

Monitors the effectiveness of collecting revenues from public and private payers;

Prepares budgets and audits claims for all agencies contracted with the department;

Assists in the preparation of forecasts to determine revenue sources;

Acts as liaison between the department's financial staff and other County departments, contract agencies, and federal and state agencies;

Assists in the preparation of cost reports for various department components;

Assists in the preparation of the department's annual budget.

FULL PERFORMANCE KNOWLEDGES, SKILLS, ABILITIES AND PERSONAL CHARACTERISTICS

Thorough knowledge of the principals, practices, and methods of medical billing; good knowledge of accounting principles and procedures; good knowledge of the general principles of public finance administration; ability to analyze facts and exercise sound judgment in arriving at conclusions; ability to analyze, develop, and implement procedures relating to the collection of revenues; ability to maintain a variety of records and to prepare reports; ability to express oneself clearly and concisely, both orally and in writing; physical condition commensurate with the demands of the position.

MINIMUM QUALIFICATIONS

OPEN COMPETITIVE

Either:

a) Graduation from a college with federally-authorized accreditation or registration by NY State with a Bachelor's Degree in Business Administration, Finance, Accounting, Health Administration, Public Health, or a related field and two (2) years of experience in the analysis of financial statements, medical billing, or in the collection of revenues from Medicare/Medicaid or other third-party insurers; or,

b) Possession of a satisfactory certification* in medical billing or coding, and four (4) years of experience in the analysis of financial statements, medical billing, or in the collection of revenues from Medicare/Medicaid or other third-party insurers.

NOTES: Additional relevant education from a New York State or regionally accredited college or university may be substituted for experience on a year-for-year basis up to a maximum of one (1) year.

*Satisfactory certification shall be interpreted as a certification that sufficiently demonstrates the candidate has completed education, experience, and/or training necessary to obtain thorough knowledge of the principals, practices, and methods of medical billing or coding.

R 12/13/19

SUFFOLK COUNTY

Competitive