Senior Financial Analyst Population Health
Bon Secours Mercy Health
: At Bon Secours Mercy Health, we are dedicated to continually improving health care quality, safety and cost effectiveness. Our hospitals, care sites and clinicians are recognized for clinical and operational excellence.
Primary Function/General Purpose of Position
Sr. Financial Analyst - Population Health, in support of the Bon Secours Mercy Health Accountable Care Organizations (ACO), is responsible for collecting, interpreting, and identifying trends in data. Leads monthly review of financial statements to ensure completeness, accuracy and relevance. Utilizes daily labor management metrics to ensure cost containment and effective staffing levels. Assists in the month-end close process as a liaison between General Accounting and the facilities to ensure accuracy and validity of financial statement information.
Essential Job Functions
- Responsible for monthly financial and operations reporting.
- Collects, aggregates, and analyzes data from multiple internal and external sources. Drives insights into business and market performance around alternative payment models.
- Produces clear and actionable reports that identify key performance indicators, areas of opportunity and risk, root cause sources, and business impact.
- Uses analytical skills and metrics to improve processes for business decision-making.
- Participates in complex projects and initiatives, requiring cross-functional coordination impacting overall business strategy and outcomes.
- Uses population health tools, claims and eligibility and attribution data and other reporting systems and sources to provide clinical, financial, utilization, and claims related reporting and analytics.
- Develops trend analysis reports that monitor key performance indicators and compares them to internal and external benchmarks; uses this data to assist leadership in decision- making, planning and implementing performance improvement strategies.
- In collaboration with key stakeholders, Value Based contracting lead, IT, program management leads, etc., designs and maintains dashboards on utilization, financial information, outcomes, population health management measures, and other metrics.
- Obtains report/data to track and analyze financial and program performance under Value Based arrangements, bundled payment and shared savings program methodologies. The analytical results will be shared and reviewed with key stakeholders.
- Extensive use of Microsoft Office, Tableau, and other Business Intelligence reporting tools
- Build and analyze performance dashboards for reporting, interpreting and communicating population-based data for internal and external stakeholders. Integrates BSMH value based program performance results into overall system value based contract reporting.
- Perform routine audits and analytics for existing value-based programs to validate attribution, quality performance and financial reconciliations. Providing insights on performance and audit results to leadership.
- Provides analytics on expected revenue changes for budget and long range planning.
This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties as required by their supervisor, subject to reasonable accommodation.
Licensing/Certification
Certified Public Accountant (preferred)
Education
Bachelor's degree in business, statistics, healthcare management or related degree (required)
Master's degree in business, statistics, health care management or related degree (preferred)
Work Experience
5 years financial planning and analysis (healthcare preferred)
Advanced Microsoft Office (Word, Excel, PowerPoint) (required)
Experience in data analytics, business intelligence, reporting, informatics or related experience. (preferred)
Experience with Structured Query Language (SQL), Tableau or Power BI skills (preferred)
Working knowledge of Alternative Payment Models, including but not limited to concepts such as risk adjustment, member-to-provider attribution methodologies, episodic groupers, and the ACA. (preferred) Experience analyzing Alternative Payment Models with a focus on identifying population-based performance drivers and compiling financial reconciliations. (preferred)
Skills
General Accepted Account Principles, Financial Acumen
Healthcare Reimbursement Methods
SQL, Tableau Power BI, PowerPoint skills
Data and Trend Reporting and Analysis
Attention to detail, Critical thinking, Communication, Teamwork, Active listening.
Many of our opportunities reward* your hard work with: Comprehensive, affordable medical, dental and vision plans Prescription drug coverage Flexible spending accounts Life insurance w/AD&D Employer contributions to retirement savings plan when eligible Paid time off Educational Assistance And much more- Benefits offerings vary according to employment status
All applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, genetic information, or protected veteran status, and will not be discriminated against on the basis of disability. If you'd like to view a copy of the affirmative action plan or policy statement for Mercy Health - Youngstown, Ohio or Bon Secours - Franklin, Virginia; Petersburg, Virginia; and Emporia, Virginia, which are Affirmative Action and Equal Opportunity Employers, please email View email address on us.fitly.work. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact The Talent Acquisition Team at View email address on us.fitly.work
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