Sr Financial Analyst
2 weeks ago
Who we are:
At Lifepoint Health, we provide quality healthcare to rural communities. As a valued member of our team, you will be an integral part of a group working together to elevate Lifepoint's healthcare delivery network. Our network includes 60 community hospitals, 60 rehabilitation/behavioral health hospitals, and 250 additional sites of care across the United States. As an organization, we are dedicated to serving communities nationwide by providing exceptional care. We believe in the power of our talented teams and strive to create environments where employees find purpose and fulfillment.
What you’ll do:
As aSr. Financial Analyst, Managed Care, you will beprovide analytics and decision support by translating payer contract rates and terms, patient volume, and utilization trends into actionable insights to facilitate the strategic positioning of revenue, payer contracts, and overall network strategy.
Responsibilities:
- Model hospital, physician, and ancillary managed care contracts using Excel and/or other modeling tools to quantify contractual value. Collaborate with Managed Care leaders to report the financial impact of changes in fee-for-service and value-based contract rates
- Utilize various Business Intelligence (BI) tools to gather, manipulate, and analyze data to provide insight into payer contract performance.
- Design, develop, and deliver ad hoc reporting and analyses using SQL, Power BI, and other query tools. This may include payer policy quantitative impact analysis, service line volume trends, litigation support, chargemaster optimization, and other analysis
- Review and abstract contract language that significantly impacts hospital reimbursement.
- Update standard managed care reports per their reporting schedule or as needed.
- Coordinate with managed care negotiators to identify updates to managed care contracts. Distribute new and updated managed care contracts to impacted stakeholders (internal and external). Research and/or locate missing information related to managed care**
What you’ll need:
Education:This position requires a Bachelor’s Degree required (Business, Mathematics, Finance, Information Systems, or other quantitative field of study)
*Experience:*A minimum of 3 years of experience in health care
Why choose us:
As a team member of the Health Support Center, our goal is to support those that are in our facilities who are interfacing and providing care to our patients and community members. Our focus is to attract, retain, and empower a diverse and determined workforce. Our mission statement is at the heart of who we are and what we do: “Making Communities Healthier.” In this shared mission, we believe that our collective efforts will shape a healthier future for the communities we serve.
*Benefits:*We offer an excellent total compensation package, including a competitive salary and benefits. Some of our benefits include 401k, flexible PTO, generous Employee illness benefit (EIB), medical, dental, vision, tuition reimbursement, and an Employee Assistance Program. We believe that happy, healthy people have a passionate engagement with life and work and have designed our package to enhance your wellbeing.
Job: *Please select a valid job field
Organization: *LifePoint Health Support Center
Title: Sr Financial Analyst
Location: Tennessee-Brentwood
Requisition ID: 7410-7777
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