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Strategic Reporting Analyst
2 months ago
The Decision Support Analyst plays a crucial role in delivering insightful reporting and information to essential stakeholders and hospital management. This position involves a thorough analysis of operational metrics, costs, service usage, profitability, and the organization's standing in the competitive landscape.
Key Responsibilities- Data Analysis: Collects and organizes both qualitative and quantitative data from various clinical, financial, and administrative sources, transforming findings into impactful reports and presentations.
- Collaborative Financial Analysis: Works in partnership with teams to define and enhance financial analysis methods for both new and ongoing projects, including physician contracts and reimbursement implications.
- Project Coordination: Engages in the management of diverse and sensitive special projects, guiding them from initial planning through to execution as required.
- Expectation Management: Oversees stakeholder expectations regarding project outcomes and deliverables.
- Cost-Benefit Evaluation: Assesses the financial implications of proposed scenarios and adapts strategies as necessary.
- Impact Assessment: Evaluates the consequences of decisions and adjusts actions accordingly.
- Concept Socialization: Effectively communicates concepts to assess the potential impact of recommended changes.
- Reporting: Prepares monthly financial reports by gathering and analyzing relevant data.
- Financial Inquiry Response: Addresses financial inquiries through comprehensive data gathering, analysis, and interpretation.
- Compensation Tracking: Monitors physician compensation against budget expectations and provides insights into any discrepancies.
- Financial Modeling: Develops financial models that benchmark physician compensation against survey data.
- Analytical Skills: Demonstrates strong analytical, communication, and interpersonal abilities.
- Financial Knowledge: Possesses expertise in financial modeling and analytical techniques.
- Compensation Models: Understands physician compensation structures and relevant survey data.
- Technical Proficiency: Exhibits proficiency in technical writing and graphical presentation skills.
- Database Experience: Familiarity with relational databases and handling large datasets.
- Cost Accounting Knowledge: Understands cost accounting, revenue, and profitability data, with the ability to explain these concepts to key stakeholders.
- Organizational Skills: Maintains strong organizational abilities to manage multiple priorities and adjust them as needed.
- Self-Direction: Shows initiative and the ability to work independently while thriving in a collaborative environment.
- Attention to Detail: Ensures thorough follow-through on initiatives and projects.
- Software Proficiency: Proficient in Microsoft Office Suite.
- Reporting Tools Knowledge: Familiar with Crystal Reports and Access.
- Cognos Database Knowledge: Understanding of Cognos database is desirable but not mandatory.
- Healthcare Coding Knowledge: Knowledge of healthcare coding systems (e.g., UB-92, ICD-9/10, CPT-4, HCPCS, DRG, etc.) is beneficial.
A Bachelor’s Degree in Finance, Accounting, Healthcare Administration, or a related business field from an accredited institution is required.
