18 days old

Financial Business Analyst | Managed Care | Beacon Health System

Beacon Health Systems
Granger, IN 46530
  • Job Code
    194500

  • JOB SUMMARY
    • Reports to the Executive Director, Value-Based Strategy. The Financial Analyst provides input on strategy to maximize revenue generating opportunities by analyzing internal and external data from a variety of sources and creating financial analysis and reports that present data in a meaningful and actionable way. The Financial Analyst will define, create, distribute, and support monthly and quarterly financial performance and operational reports and analysis. As a member of the Business Intelligence team, the Financial Analyst will have opportunities to provide analysis expertise on cross functional projects throughout the organization as well as primarily support Beacon Managed Care including Value Based Reimbursement Contracts, Accountable Care Organizations (ACO), and Medicare Shared Savings Programs (MSSP) by delivering standardized reporting and ad-hoc requests for data and analysis. The Financial Analyst assists in the analysis of proposed contracts, bundled payment programs, and other programs to evaluate financial viability.
  • MISSION, VALUES and SERVICE GOALS
    • MISSION: We deliver outstanding care, inspire health, and connect with heart.

    • VALUES: Trust. Respect. Integrity. Compassion.

    • SERVICE GOALS: Personally connect. Keep everyone informed. Be on their team.
  • JOB SPECIFICATIONS
    • Education and Experience
      • The knowledge, skills and abilities as indicated below are normally acquired through the successful completion of a Bachelor's Degree in Finance, Business, Analytics, Healthcare Administration, or a related field. A minimum of 2 years' professional experience creating financial analysis, contract performance analysis, reports and dashboards, and data driven recommendations, preferably in a healthcare setting.
    • Knowledge & Skills
      • Requires the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail, urgency, and accuracy.
      • Requires a basic understanding of contractual language, accounting, and finance including NPV and ROI.
      • Comfortable working with ambiguity while developing analysis and answering questions that have never been asked before.
      • Uses logical, analytical, and data driven approaches to answer questions lead projects.
      • Requires the ability to prioritize multiple projects, track progress, and report status.
      • Requires strong skills in organization and time management.
      • Demonstrates developed written and verbal communication skills.
      • Proficient using Microsoft Excel to deliver accurate, concise, and actionable analysis.
      • Proficient using PowerPoint to develop presentations and is comfortable and confident delivering presentations to all levels of the organization.
      • Requires the ability to perform in a fast paced environment.
      • Requires the ability to build effective cross functional relationships.
      • Requires the ability to work with all levels and departments of the health system.
      • Requires a basic knowledge and understanding of value-based reimbursement contracts, ACO, PHO, CMS, insurance industry and healthcare delivery systems.
      • Maintains confidentiality and professionalism while protecting sensitive data.
      • Preferred Skills:
        • 5-7 years' experience professional experience creating financial analysis, contract performance analysis, reports and dashboards, and data driven recommendations, preferably in a healthcare setting.
        • Experience with Insurance payor specific websites and datasets.
        • Previous experience supporting the healthcare revenue cycle.
        • Previous experience supporting and developing analysis and reports.
        • Advanced MS Excel skillets including VBA and NPV modeling.
        • Experience with financial and medical record systems commonly found in a healthcare setting, such as: Cerner, Meditech, McKesson STAR, Allscripts/ProPM, or Epic.
        • Familiarity and exposure to the healthcare industry, including:
          • Managed Care Coordination, Value Based Care, Accountable Care Organization, Medicare Shared Savings Programs, Bundle Payment Programs, and Finance.
          • CMS quality metrics and HEDIS measures.
          • Payor contract analysis and value based contract analysis.
          • Procedure and Diagnosis Coding: CPT, ICD-10, APR-DRG and MS-DRG.
    • Working Conditions
      • Works in an office environment.
      • May be required to vary hours and days, and work on holidays, weekends, etc., depending upon the needs of the department.
    • Physical Demands
      • Requires the physical ability and stamina to perform the essential functions of the position.






Posted: 2021-01-06 Expires: 2021-02-04
Sponsored by:
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Financial Business Analyst | Managed Care | Beacon Health System

Beacon Health Systems
Granger, IN 46530

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