Sr Financial Analyst (Governmental Reimbursement)

About the Organization

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality, resulting in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. The system offers a comprehensive range of medical services across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, NYU Langone includes two tuition-free medical schools and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.

About the Role

The Decision Support, Strategy & Governmental Reimbursement Team (DSS & Gov) provides Cost Accounting, benchmarking, regulatory reimbursement, and analytical services to inform sound business decisions across the institution. The reimbursement function encompasses Medicare and Medicaid cost report preparation, third-party payer analysis, government program compliance, and revenue optimization strategies. The team consists of 25 FTEs and is supported by a fully dedicated IT group. This role partners directly with clinical, operational, and cross-functional teams to achieve institutional goals.

Under the guidance of the Assistant Director of Governmental Reimbursement, the Senior Financial Analyst (SFA) is responsible for providing comprehensive accounting and financial analysis in support of the Reimbursement Department. This role ensures the accurate and timely preparation of regulatory cost reports, government program submissions, and third-party reimbursement analyses. The SFA collaborates cross-functionally with Finance, Revenue Cycle, Treasury, and clinical departments to optimize reimbursement outcomes while maintaining strict compliance with applicable federal and state regulations.

Responsibilities

• Assist in the preparation and filing of the NYS Institutional Cost Report (NYSICR) and Medicare 2552 cost report submissions.
• Prepare exhibits and schedules related to expenses, operating revenues, reclassifications, recoveries, and statistical allocations.
• Prepare and submit monthly NYS DOH pool submissions accurately and on a timely basis.
• Assist in the completion of routine and special regulatory reports and surveys.
• Assist in submitting Medicare and Medicaid provider enrollment applications and supporting documentation in compliance with CMS regulations, state Medicaid agency requirements, and applicable local guidelines.
• Facilitate the analysis of third-party rate accounts and payer contracts.
• Assist in the calculation of monthly Medicare revenue accruals by updating PS&R and patient statistical data.
• Reconcile and summarize cash receipt amounts detailed on Treasury department reports.
• Support the gathering and compilation of quarterly physician time studies.
• Participate in both internal and external audits by providing supporting documentation in a timely manner.
• Maintain trustworthiness and integrity; respect and uphold the confidentiality of all financial and patient information.
• Package and summarize analytical findings with clear understanding of results and thoughtful recommendations.
• Independently develop analytical frameworks for large, complex data sets and exercise discretion and judgement in analytical approach.
• Proactively communicate to management any arising issues or barriers to meet timelines/deliverables.
• Identify opportunities for continuous improvement (e.g., improving data integrity, process flow); act independently on resolving/improving.
• Demonstrate initiative for taking on new tasks or responsibilities.
• Exhibit creative thinking by suggesting alternative and innovative solutions to problems encountered.

Requirements

• Bachelor’s degree with a major in a business subject (e.g., accounting, finance, economics).
• 3-5 years of related experience.
• Excellent oral and written communication skills, analytical skills, and problem-solving skills.
• Comprehensive knowledge of all applications within Microsoft Office, specifically Excel.

Preferred Qualifications

• Master’s degree or CPA with specific experience in hospital reimbursement or cost report preparation.
• High-level proficiency in Excel.
• Extensive experience in data transformation/manipulation.
• Basic understanding of database relationships and structures.
• Experience in Business Intelligence/visualization tools (e.g., Tableau, Power BI).
• Familiarity with AI-assisted tools for data analysis, research, and workflow automation (e.g., ChatGPT, Claude, Copilot).

Benefits

NYU Langone Health provides a comprehensive benefits and wellness package designed to support employees and their loved ones at every stage of life. Offerings include:

• Financial security benefits.
• A generous time-off program.
• Employee resource groups for peer support.
• Access to a holistic employee wellness program focusing on physical, mental, nutritional, sleep, social, financial, and preventive care well-being.

Pay

The salary range for this role is $84,577.92 - $98,500.00 annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The range does not include bonuses, incentive pay, differential pay, or other forms of compensation or benefits.