Restore First Health
Financial Analyst
Plymouth Meeting, PA - Full Time
At Restore First Health, we are dedicated to providing advanced, in-home wound care through a holistic approach that emphasizes collaboration, communication, and care coordination. Our mission is to improve health outcomes by delivering innovative, patient-centered care.
We are seeking a Financial Analyst to provide support to our Finance team!
Position Summary:
The Financial Analyst plays a critical role in supporting the financial health and strategic decision-making of the organization. This individual will be responsible for conducting financial analyses, building pro formas, and working closely with accounts payable, accounts receivable, and the revenue cycle team. A key area of focus will be evaluating and tracking revenue per patient and identifying trends to optimize financial performance.
Key Responsibilities:
- Conduct comprehensive financial analyses to support business decisions and operational efficiency.
- Develop and maintain pro formas for new services, programs, or capital expenditures.
- Partner with the revenue cycle team to analyze and interpret revenue-related data, including reimbursement trends and payer mix.
- Monitor and evaluate revenue per patient, identifying variances and recommending corrective actions.
- Collaborate with the Accounting team and Revenue Cycle Management (RCM) teams to ensure accurate and timely processing and reconciliations of AP and AR.
- Assist in the monthly close process, preparing journal entries, reconciliations, and variance analyses.
- Prepare and present reports, dashboards, and financial summaries for leadership and key stakeholders.
- Support budget development and forecasting activities.
- Identify process improvements and opportunities for cost savings or revenue enhancement.
- Ensure compliance with financial policies, internal controls, and healthcare regulations.
- Other duties as assigned.
- Participate in special HR projects and support other functions as assigned.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (required).
- 3+ years of experience in financial analysis, preferably within a healthcare environment.
- Strong understanding of revenue cycle processes, including AR and AP.
- Advanced Excel skills and proficiency with financial modeling and analysis.
- Experience with ERP systems and financial reporting tools (e.g., QuickBooks, NetSuite, Epic, etc.).
- Multi-entity experience.
- Excellent analytical, problem-solving, and communication skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
At Restore First Health, we are committed to work-life balance and a positive work environment that supports the well-being of every team member. We offer:
Benefits:
- Paid holidays.
- Paid Time Off
- 401(k) with company match.
- Health, dental, and vision insurance options.
- And More!
At Restore First Health, we believe that exceptional patient care starts with a strong, compassionate team. Our values emphasize:
- Collaboration: Working closely with healthcare professionals, home health agencies, and skilled nursing facilities to ensure seamless wound care delivery.
- Care Coordination: Partnering with physicians, specialists, and home care providers to optimize patient outcomes.
- Communication: Prioritizing real-time updates and clear documentation to align all members of the care team.
- By joining Restore First Health, you will be part of an innovative, patient-focused team dedicated to improving lives through advanced wound care
