Center For Health Information And Analysis Senior Health Policy Financial Accounting Analyst in Boston, Massachusetts
The mission of the Center for Health Information and Analysis (CHIA) is to be the agency of record for Massachusetts health care information, to responsibly steward sensitive and confidential data, and to objectively report reliable and meaningful information about the quality, affordability, utilization, access, and outcomes of the Massachusetts health care system.
In state fiscal year 2022, the Commonwealth spent over $1 billion on MassHealth Fee-for-Service (FFS) per diem payments to nursing facilities, serving older adults, as well as children and adults living with disabilities. CHIA’s Provider Finance unit is seeking a Senior Health Policy Financial Accounting Analyst (Senior Analyst) to support the life cycle of rate development for Long Term Care (LTC) providers and programs. This includes activities related to the annual issuance and receipt of provider cost reports, reviewing the reported cost and financial statement information, performing quality assurance activities, and participating in setting annual payment rates and the development of payment regulations. The unit also collaborates with MassHealth on ad hoc analyses to support its payment initiatives. Additionally, the unit collaborates with other CHIA teams to present comprehensive publications of the Massachusetts provider landscape.
The primary responsibilities of the Senior Analyst will include evaluating the reported financial information from Nursing and Residential Care Facilities and performance of various analyses and data quality reviews using established benchmarks and standards and Generally Accepted Accounting Principles (GAAP). The Senior Analyst will also be responsible for leading the development and enhancement of provider financial data collection, maintenance, and reporting processes by building spreadsheets and databases, enhancing data analysis methodologies, and developing graphics and charts for report presentations.
The Center’s staff is currently transitioning to a hybrid operating model with employees working at least one (1) day per week at the 501 Boylston Street Boston office. Effective September 19, 2022, all employees will be expected to work in the Center’s office at 501 Boylston Street, Boston, on at least two (2) designated days each week.
This position will remain open until filled; however, first consideration will be given to those applicants that apply within the first 14 days. Salary will commensurate with education and experience.
Specifically, the Senior Analyst will:
Support the unit’s cost reporting lifecycle, which includes issuing annual provider cost reports, intake of cost reports, performing data quality reviews, analyzing aggregate data, and presenting findings to a wide variety of audiences.
Maintain long-term care facility ownership historical information and ensure proper rate development treatment for ownership changes.
Perform financial accounting analyses and calculations to support revised capital (fixed asset) rates for long-term care facility construction projects.
Lead the development of study methodologies, metrics, and graphic displays for publications on nursing and residential care facility and other provider data.
Support MassHealth nursing and residential care pricing and provide analysis for setting the rates of payments for long-term care services.
Provide help desk support to cost report preparers and submitters using the cost report web applications.
Serve as a subject matter resource to support a variety of financial and analytic projects across the unit and agency.
Lead stakeholder meetings and training sessions with health care providers and other state agencies.
Ensure rates of payment are in compliance with Executive Office of Human Services (EOHHS) regulations and policies.
Create data subsets and summaries in Excel or other statistical software programs for use by other staff and provide support to those staff in the use of the data.
Support the unit’s commitment to improving analytic approaches by identifying and developing best practices.
Participate in building new data intake, storage and rate processing systems for nursing and residential care facilities.
Participate in cross-unit workgroups to enhance data management and analysis approaches.
Draft and implement quality assurance protocols to ensure accurate results.
Work independently as well as with teams in tracking completion of project components and meeting deadlines.
Perform other duties as assigned.
The Senior Analyst should have a broad knowledge of accounting principles and financial accounting, health care financing concepts and a broad understanding of the health care provider sector and other key stakeholders. In addition, the Senior Analyst should be able to demonstrate:
A strong knowledge of financial accounting concepts and practical application related to health care entities.
Ability to analyze health care entities’ cost reported financial data.
In-depth knowledge of financial documents (e.g., audited financial statements, fixed asset ledgers) and in-depth knowledge of financial analysis techniques.
Strong Excel skills, including the ability to prepare and use advanced formulas, charts, graphs, and tables.
Strong interpersonal and communication skills, and excellent attention to detail.
Familiarity or experience using large data bases and/or statistical software (e.g., SAS, R, etc.) to manage data is preferred.
Working knowledge of the Massachusetts health care system.
Familiarity with approaches for synthesizing and analyzing data.
Ability to manage workload to simultaneously advance several projects with overlapping deadlines.
Ability to work effectively both independently and in a team environment.
Minimum Entrance Requirements:
Applicants must have at least five years of full-time, or equivalent part-time, professional experience in accounting, finance or business administration, the major duties of which included financial analysis of costs, expenses and revenue and/or the development, implementation and monitoring of financial payment systems.
I. A Bachelor's degree with a major in accounting, finance, business administration, health care finance and accounting. or similar degree may be substituted for a maximum of two years of the required experience.
II. A graduate degree with a major in accounting, finance, business administration, health care finance and accounting, or a similar degree may be substituted for a maximum of three years of the required experience.
As an employee of the Commonwealth of Massachusetts you are offered a great career opportunity influencing a wide-spectrum of services to the diverse populations we serve - but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including:
75% state paid medical insurance premium
Reasonable Dental and Vision Plans
Flexible Spending Account and Dependent Care Assistance programs
Low cost basic and optional life insurance
Retirement Savings: State Employees' Pension and a Deferred Compensation 457(b) plan
12 paid holidays per year and competitive Sick, Vacation and Personal Time
Tuition Benefit for employee and spouse at state colleges and universities
Extended Illness program participation
Professional Development and Continuing Education opportunities
Qualified Employer for Public Service Student Loan Forgiveness Program
To apply visit : http://www.chiamass.gov/join-our-team/
BARGAINING UNIT: 06 NAGE, Reimbursement Systems Analyst III
The full-time salary range for this position is $71,428.50 - $102,981.06, annually.
At CHIA, we are committed to earning a reputation as a great place to work and build a career. So if you’re excited to be part of a diverse and innovative team responsible for identifying opportunities to improve health care in Massachusetts, come join us! To apply and for more information visit: https://www.chiamass.gov/join-our-team/
CHIA is an Equal Opportunity / Affirmative Action Employer. Women, people of color, veterans, and persons with disabilities are strongly encouraged to apply.
If you have Diversity, Affirmative Action or Equal Employment Opportunity questions or need a Reasonable Accommodation, please contact Diversity Officer / ADA Coordinator: Tonya Bourassa 617-701-8127.
Information submitted by applicants is collected through the JazzHR Platform, your submission of application materials constitutes your express consent for this information to be provided to JazzHR for processing. Please do not include any personally identifiable information with your application materials other than that specifically requested by CHIA. CHIA requests basic information such as name, address, telephone number, and email address. You may also self identify race/ethnicity, gender, disability and/or veteran status if you so choose. However, you should not provide more detailed personal information such as your date of birth or Social Security Number with your application materials.
In compliance with federal laws, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.
CHIA has adopted Executive Order #595: COVID-19 Vaccination Requirement for Executive Department Employees
As a condition of employment, successful candidates will be required to have received COVID-19 vaccination and/or boosters prior to the finalization of the hiring process. Details relating to complying with this requirement will be provided to finalists.
Finalists who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for a reasonable accommodation.
Executive order can be found here: https://www.mass.gov/doc/august-19-2021-executive-department-employee-vaccination-order
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