As a manager you will have many financial responsibilities. The Division of Finance offers support and resources to help you navigate these often-complex processes. Financial Management, a department within Finance, was created to serve the financial and analytical needs of the clinical enterprise.
The following departments report to Financial Management:
- Contracting & Payor Relations
- Cost Accounting & Decision Support
- Regulatory Reporting
These areas are responsible for:
- Development of annual Medicare/Medicaid cost reports
- Filing appeals for Medicare/Medicaid
- Coordinating reimbursement analysis
- Providing information on regulatory issues in coordination with Compliance Office
- Coordinating Benchmarking Activities (Vizient ODB)
- Coordinating reporting of statistical information
- Coordinating compilation and reporting for facility scorecard
- Coordinating reporting related to bi-weekly and monthly productivity
- Coordinating reporting activities for FTEs
- Repository of general ledger and patient accounting data
- Cost Accounting standards to derive costs
- Statistical analysis
- Clinical Services analysis
- Revenue/Payor analysis
- Profitability analysis
- Business Planning assistance
- Service Line analysis
- Value Analysis requests
- Contract negotiations
- Contract modeling and performance analysis
- Reimbursement methodology review / analysis
- Managing and facilitating the relationships between third party payors
- Mediating between UAMS Health and third-party payers on issues related to working with the payors/plans
- Assembling and disseminating payer educational and policy information
- Leading and/or participating in committees/work groups to support operations and workflows
Contact Information
University Tower
1123 S. University Ave, 10th Floor
Little Rock, AR 72204
501-682-3050