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Financial Operational Analyst

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Maria Parham Health

2024-11-08 20:45:43

Job location Henderson, North Carolina, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Maria Parham Health

Who We Are:

People are our passion and purpose. Come work where you are appreciated for who you are not just what you can do. With 205 licensed beds, Maria Parham Health is equipped for every health care need one can encounter. We are fully licensed by Joint Commission, the College of American Pathologists, and Rated Highest In-Patient Safety from Leapfrog.

Where We Are:

Henderson offers a great outdoors, including the region's largest lake, providing endless hours of fun boating, fishing, water skiing, and camping. Throw in great golfing, hunting and two fantastic recreational organizations and you may find yourself having a hard time deciding what to do next!

Why Choose Us:

Health (Medical, Dental, Vision) and 401K Benefits for full-time employees

Competitive Paid Time Off, PTO cash out, and PTO donation programs

Employee Assistance Program - mental, physical, and financial wellness assistance

Loan Repayment and Tuition Reimbursement/Assistance for qualified applicants

Robust employee recognition and awards programs

And much more

Position Summary

The Financial and Operational Analyst provides key operational, financial, and strategic position supporting market Leadership by providing analysis of operational and financial data including clinical service line reporting, reimbursement reviews, trend analysis, proformas, forecasts, and monitoring of key financial metrics.

Reports to: Market Director of Physician Services

Responsibilities of the Position

Supports Leadership on financial and operational management projections, reporting, budgetary controls, planning and analysis to promote profitability.

Compiles and submits monthly reimbursement requests for Providers based on adherence of contractual and compliance guidelines.

Analyzes and reports clinic and provider productivity based on MGMA and established organizational benchmarks.

Creates and analyzes monthly, quarterly, and annual financial reports.

Prepares financials and productivity dashboards for Monthly Operations Reviews with Physicians and Non physician Practitioners.

Performs payment analysis reviews for services/services lines performed in the clinic setting to ensure payment results meet expectations.

Develops integrated revenue and expense analyses as well as enhanced reporting and presentation of the data.

Identify trends in data analysis and report key findings.

Access and interpret appropriate financial data for purposes of identifying financial performance improvement opportunities.

Provides administrative-level summaries that provide concise information for use in decision making.

Provides recommendations for changes and processes or practices that optimize efficiencies and/or reduces the total cost of delivering health care services.

Coordinates and leverages resources across LifePoint to make informed recommendations for financial improvement opportunities.

Supports Market Director and Clinic Managers in monitoring trends and exploring new opportunities for clinic sustainability and growth.

Performs numerous related duties, assists others as needed, and performs special assignments when requested.

Required Education
High School Diploma required. Degree in Business, Accounting, Financial, Management Engineering, or related field preferred.

Previous experience analyzing operational and financial data is required.

Required Skills
Minimum of 2 years of applicable work experience.

Required Skills
Business Mathematical Skills Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.

Moderate Computer Skills - Frequent use of electronic mail, word processing, data entry, spreadsheets, graphics, etc. Ability to create, maintain and incorporate simple functions into documents, spreadsheets, databases, and presentations to support business objectives.

Moderate Communication - Regularly uses moderately complex oral and written skills. May train others in functional areas, interact with others and make presentations to department or middle management.

Routine Business Problems - Problems encountered are routine, somewhat repetitive and generally solved by following clear directions and procedures.

Job Specific Impact Decisions generally affect own job or assigned functional area.

Moderate Independent Judgement Results are defined; sets personal goals and determines how to achieve results with few or no guidelines to follow; supervisor/manager provides broad guidance and overall direction.

Moderate Planning/Organization Handle multiple tasks simultaneously with moderate complexity.

Critical thinking skills, decisive judgment, and the ability to work with minimal supervision.

Strong knowledge of Microsoft Office including Word, PowerPoint, and Excel for data collection, documentation, and presentation purposes.

Ability to work with others, independently, and organize time effectively.

Excellent written and verbal communication skills.

EEOC Statement

Maria Parham Health is committed to providing Equal Employment Opportunities for all applicants and employees and complies with all applicable laws prohibiting discrimination against any employee or applicant for employment because of color, race, sex, age, religion, national origin, disability, genetic information, gender identity, sexual orientation, veterans' status, or any other basis protected by applicable federal, state, or local law.

Equal opportunity and affirmative action employers and are looking for diversity in candidates for employment: Minority/Female/Disabled/Protected Veteran

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