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Senior Financial Analyst

6 hours ago

New Orleans, Louisiana, United States LCMC Health Full time

The Senior Financial Analyst – Labor Productivity will be responsible for LCMC's Labor Management Program. The position provides strategic direction, oversight and support to hospital affiliates, physician groups, and other entities within LCMC Health to maintain and enhance an effective Labor Management Program, which encompasses productivity, benchmarking, target standards, and position control management. Additionally, the role supports department labor projects such as metric commentary and action plan development, premium labor reduction, and skill mix optimization.

GENERAL DUTIES

Labor Productivity Project Management:

  • Support local hospital management teams int the execution of productivity initiatives.
  • Participate in departmental interviews at local hospitals. Meeting with leaders to enhance labor practices.
  • Provide training to labor coaches, employees, leaders, and subject matter experts to ensure effective labor management.
  • Oversee and manage the Strata Labor Productivity tool to monitor and drive productivity improvements.

Labor Productivity System Standardization:

  • Manage and standardize statistics used across similar departments throughout the system.
  • Assist with target setting and benchmarking for comparable departments to drive system-wide consistency and performance.
  • Identify areas of opportunity for productivity gains and recommend actionable improvements.

Labor Productivity Council:

  • Participate in LCMC Management Council as System Labor Coach, contributing expertise and making recommendations.
  • Assist in the position control process by providing essential data necessary to support informed decision making.

Labor Productivity Reporting:

  • Oversee all labor reporting for accuracy and effectiveness of the data provided.
  • Support local hospital management teams in the creation of labor reports tailored to their specific needs.
  • Deliver system-wide labor KPI reporting to facilitate informed management and continuous improvement.

EXPERIENCE QUALIFICATIONS

Minimum of 5 years experience in healthcare labor management or equivalent

Preferred: Experience in Strata Labor Management platform or equivalent

EDUCATION QUALIFICATIONS

Bachelor's degree in Accounting, Business Administration or related field Preferred: Master's Degree