Role and Responsibilities
Support clients in a variety of financial initiatives, working under the direction of the President or other Finance & Accounting Management.
Role and Responsibilities
- Evaluates key performance metrics to support value-based contracts, quality measures, the gap of care opportunities, patient engagement metrics, and other quality programs and initiatives
- Produces ongoing financial models to outline the cost of care for clinical networks based on the utilization of Healthcare Services by the patient population
- Develop, implement and deliver standardized reports, dashboards, executive-level summary reports, and presentations to effectively communicate program performance to operational leaders and stakeholders
- Works in client-facing roles, providing visibility and recommendations to clients to optimize financial performance
- Reviews complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes
- Conducts recurring financial reviews with clients to include current trends relative to historical performance, variance analysis & industry benchmarks
- Develops compensation models based on the inputs provided by clients’ senior management
- Evaluates managed care agreements and fee schedule analysis to provide recommendations to improve client revenue
- Creates proformas and financial forecasts to outline future profitability
- Client support related to various practice management systems and accounting inquiries
- Ad hoc analysis to provide clients margin analysis, staffing models, and budgeting
- Completes due diligence for Mergers and Acquisitions.
- Ability to define problems and identify solutions; possess strong time management skills
- Track and record time spent on client projects
- Developing and/or improving preliminary deliverables for client engagements
- Supports the team in producing quality and cost reporting
- Supports other team members when needed
- Plan and organize individual/team projects and responsibilities
- Coordinates with other business owners to plan and complete projects
- Monitor individual schedule, work priorities, and tasks
- Ability to gain the confidence of client personnel
- Have the ability to collect and organize data to draw valid conclusions with attention to detail.
- Able to collaborate and contribute as a strong team member, and have good communication skills, orally and in writing.
- Ability to communicate the financial performance and recommendations to client senior-level leadership.
- Follow guidelines on engagement as established by other team members who are leading the project effort
Qualifications and Requirements
- Bachelor’s Degree required
- Industry experience is required
- Minimum 3-4 years prior financial analysis work experience
- Strong knowledge of Excel & relational databases
Preferred Skills
- Knowledge of medical reimbursement methodology
- Previous experience working with an insurance payer
- Ability to model recommendations in Tableau or other Business Intelligence Tool