Start the day excited to make a difference…end the day knowing you did. Come join our team.
Job Summary:
The Analyst, Decision Support plays a pivotal role in strategic planning, financial analysis, and decision support, within the healthcare system and its affiliates. This role encompasses a wide array of responsibilities, including project management, consulting services, budgeting, financial reporting, benchmarking, and data analysis.
Essential Functions & Responsibilities:
- Conducts complex financial evaluations for new programs/ventures, assessing volume, reimbursement, payor mix, operating costs, capital requirements, and financial structures.
- Prepares intricate financial analytics, reports and dashboards, aiding leadership in interpreting financial data for investment and business decisions as well as the identification of trends.
- Utilizes extensive experience to propose solutions to complex business problems and guides the methodological approach for studies and projects.
- Develops and implements Performance Improvement and Quality Improvement programs to optimize departmental efficiency.
- Collaborates with Leadership to develop data driven staffing plans (productivity monitoring to ensure appropriate staffing levels) and operational patient flow processes. Utilizes statistics and predictive data modeling techniques to forecast scenarios in a data driven environment. This includes monitoring the appropriate data and reports.
- Collaborates with departmental leadership to develop annual operating budgets incorporating benchmarks, forecasts, and revenue models.
- Works with managers to resolve budget-related financial issues and assists in understanding budget variances.
- Acts as a liaison with leadership to compile and review service line reporting, ensuring report integrity and completeness.
- Manages cost accounting methodology, ensuring accurate financial operations documentation and utilizes this data for understanding financial and clinical variances.
- Collaborates with leadership to develop staffing grids and operational plans in accordance with budget as well as benchmark, utilizing data-driven forecasting techniques.
- Assists in the preparation of capital budgets, conducts cost-benefit analyses, and establishes pricing strategies in collaboration.
- Performs other duties as assigned.
Qualifications:
- Bachelor’s degree in accounting, Business Administration, Finance, or Healthcare Administration.
- Minimum of three (3) years of experience in finance, decision support, or data analysis.
- Demonstrable organizational experience in decision support, financial analysis, and planning
- Experience with SQL language (SSIS, SSRS, SSAS) is desirable.
- Experience with financial/clinical applications such as Strata Decision Support,Epic, or Workday is preferred.
- Strong oral and written communication skills, with the ability to present complex information effectively to various audiences.
As an EOE/AA employer, the organization will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status.
Required
Physical Requirements: Constant (67-100% of workday) sitting and use of arms and hands; occasional (0-33% of workday) standing, walking, bending, squatting; ability to lift, push, and pull up to 10 lbs.; auditory and visual skills.
Mental Requirements: Possesses critical thinking and analytical skills. Ability to multi-task. Ability to communicate effectively and collaborate with a multi-disciplinary team.
Environmental Requirements and Exposure Hazards: Potential risk of exposure to chemicals.
“It is the policy of Mary Washington Healthcare to provide reasonable accommodations to qualified individuals with a disability who are applicants for employment or Associates.”
