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Senior Financial Analyst
full-timeIowa City

Summary

Location

Iowa City

Type

full-time

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About this role

The Senior Financial Analyst, within the Revenue Integrity Department, performs comprehensive pricing, coding, and rate analysis for physician and hospital services.  This position provides reimbursement, regulatory, and charge capture support to finance and clinical departments. This position works closely with a team and regularly engages with interdisciplinary teams.  Additionally, a core component of this position involves collecting and assisting with data analysis to help identify charge trends.

Position responsibilities:

  • Performs chargemaster maintenance and validates entries. Conducts monthly reconciliation of the chargemaster file.

  • Reviews and assists with maintenance of chargemaster compliance reports. Assists with other necessary projects to maintain the chargemaster file

  • Ensure compliance with institutional policies to determine whether supplies are chargeable and accurately apply guidelines in billing processes.

  • Maintain a thorough understanding of supply manufacturer information, FDA designations, Global Unique Device Identification Database (GUDID) requirements, and payor guidelines to ensure accurate classification and compliance.

  • Lead and manage major chargemaster initiatives, including annual calendar year updates, quarterly maintenance, and pricing strategy development; ensure optimization and compliance with regulatory and organizational standards.

  • Remains current with regulation changes and related operational processes.

  • Review price levels with peers to determine competitive price structure.

  • An integral part in the development of policies and procedures as they relate to improving processes, strengthening controls, enhancing revenue, and improving cash flow.

  • Maintain all assigned Revenue Integrity Epic work queues related to Chargemaster.

  • Assist with charge capture audits between the Hospital and physicians.

  • Educate clinical staff on proper billing and coding.

  • Maintain effective working relationships with faculty, staff, students, and the public.



Required Qualifications:

  • A Bachelor’s Degree in Business Administration or Accounting or related field, or equivalent combination of education and experience is required.

  • 2 years of accounting, clinical or business experience is required.

  • Excellent written, verbal, and interpersonal communication skills.

  • Proficient in computer software applications.

  • Adaptability, creative problem solving, project management, and organizational skills.

  • Knowledge of team dynamics and skilled in building consensus.  Ability to develop and maintain effective relationships with internal and external partners.

  • Knowledge of statistical analysis and presentation is required

Desired Qualifications:

  • Strong analytical and problem-solving skills

  • Knowledge of medical record documentation types and concepts related to outpatient and inpatient services (e.g., outpatient and inpatient evaluation and management services, procedural/operative services, laboratory, and radiologic services).

  • Knowledge of computer systems such as Epic, Microsoft Office products, and Adobe.

  • Ability to prioritize workload based on dynamic deadlines.

  • Knowledge of University policies, procedures, and regulations.

  • Knowledge of claims billing and follow-up

  • Strong ability to engage interdisciplinary teams including clinical staff

  • Reasonable knowledge of complex financial and statistical analysis and presentation.

  • Experience with supply research and GUDID.

 

Application Process: To be considered, applicants must upload a cover letter and resume (under the submission of relevant materials) that clearly address how they meet the listed required and desired qualifications of this position. Job openings are posted for a minimum of 7 calendar days. Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification.

 Up to 5 professional references will be requested at a later step in the recruitment process. For questions, contact Sharon Walther at [email protected].

This position is not eligible for University sponsorship for employment authorization now or in the future.

Other facts

Tech stack
Financial Analysis,Pricing Strategy,Coding Compliance,Data Analysis,Project Management,Communication Skills,Problem Solving,Statistical Analysis,Team Dynamics,Charge Capture,Regulatory Compliance,Epic Software,Microsoft Office,Interpersonal Skills,Healthcare Knowledge,Supply Research

About University of Iowa

WE CARE Core Values
Welcoming: We strive for an environment where every voice is heard, emphasize, regular communication, and seek transparency wherever possible.
Excellence: We strive to achieve excellence in all that we do.
Collaboration: We believe teamwork is the best way to work.
Accountability: We behave ethically, act openly and with integrity in all that we do, taking responsibility for our actions.
Respect: We honor diversity and recognize the worth and dignity of every person.
Equity: We dedicate ourselves to equity and fairness.

Mission
Changing Medicine. Changing Lives.®
University of Iowa Health Care is changing medicine through:
• Pioneering discovery
• Innovative interprofessional education
• Delivery of superb clinical care
• An extraordinary patient experience in a multi-disciplinary, collaborative, team-based environment
University of Iowa Health Care is changing lives by:
• Preventing and curing disease
• Improving health and well-being

Vision
World Class People: Building on our greatest strength.
World Class Medicine: Creating a new standard of excellence in integrated patient care, research, and education.
For Iowa and the World: Making a difference in quality of life and health for generations.

Recognitions/ Awards
In its 2020 rankings of “Best Employer for Diversity," Forbes ranked UI Health Care No. 47 overall among large employers nationwide and No. 10 in its Healthcare & Social category.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Hospitals and Health Care
Founding Year: 1904

What you'll do

  • The Senior Financial Analyst performs pricing, coding, and rate analysis for physician and hospital services, providing support to finance and clinical departments. This role involves maintaining the chargemaster, ensuring compliance, and leading major initiatives related to pricing strategy.

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Frequently Asked Questions

What does a Senior Financial Analyst do at University of Iowa?

As a Senior Financial Analyst at University of Iowa, you will: the Senior Financial Analyst performs pricing, coding, and rate analysis for physician and hospital services, providing support to finance and clinical departments. This role involves maintaining the chargemaster, ensuring compliance, and leading major initiatives related to pricing strategy..

Why join University of Iowa as a Senior Financial Analyst?

University of Iowa is a leading Hospitals and Health Care company.

Is the Senior Financial Analyst position at University of Iowa remote?

The Senior Financial Analyst position at University of Iowa is based in Iowa City, Iowa, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Financial Analyst position at University of Iowa?

You can apply for the Senior Financial Analyst position at University of Iowa directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about University of Iowa on their website.