Learn more about working at Beth Israel Deaconess Medical Center
Senior Financial Planning Analytics Analyst
Woburn, Massachusetts
Organization Facility: Beth Israel Deaconess Medical Center Category: General Finance Job ID: JR67051 Date posted: 12/26/2024Job Type: Regular
Time Type: Full time
Work Shift: Day (United States of America)
FLSA Status: Exempt
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.
The Senior Financial Planning Analytics Analyst will be supporting the Harvard Medical Faculty Physicians (HMFP) at BIDMC's Finance Department which is located in Woburn, MA.Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center (HMFP) is one of New England’s premier physician-led organizations, dedicated to excellence in clinical care, education, research, career advancement, inclusivity, and well-being. HMFP employs more than 2,200 renowned and dedicated physicians, and serves the more than 1.3 million patients at BIDMC and across the Beth Israel Lahey Health (BILH) system, as well as other hospitals. A majority of physicians are teaching faculty affiliated with Harvard Medical School (HMS), as well as international leaders in their clinical specialties. In addition, 700+ community-based physicians deliver world-class healthcare through Associated Physicians of Harvard Medical Faculty Physicians (APHMFP).
Job Description:
Under the direction of the Harvard Medical Faculty Physicians (HMFP) at BIDMC Director of Strategic Financial Planning Analytics, the Senior Financial Planning & Analytics Analyst will be responsible for developing, analyzing and distributing data needed to make strategic decisions aimed at optimizing financial performance. Areas of analytical focus will include professional billing revenue cycle, physician productivity, service line development, and overall business planning.
Primary Responsibilities:
- In collaboration with Director of Strategic Financial Planning Analytics, publish performance measurement dashboards that track revenue cycle performance over time. Ensure the accuracy, timeliness and confidentiality of reports, views, dashboards, and analyses.
- Uses various software applications to assemble, manipulate and/or format data. Maintain data models and produce both standard and ad-hoc reports.
- Recommend ways to efficiently manage large datasets by leveraging existing technology.
- Produce financial pro-forma statements to support the strategic planning efforts of the organization.
- Partner with operational leaders to develop business plans and perform retroactive reviews.
- Support the reconciliation of BILH affiliate contracts as necessary.
- Maintain models to assess physician productivity metrics against industry benchmarks.
- Advanced written and verbal communication skills with the ability to translate complex data into clear and meaningful reports.
- Demonstrate collaboration skills to create productive partnerships with clients. Actively participate in cross-functional groups to solve problems across projects.
- Other tasks and work as assigned.
Qualifications:
- Bachelor’s degree in Finance / Accounting / Mathematics / or Healthcare Administration. MBA Preferred.
- 3-5 years related work experience in healthcare finance, operations, and/or revenue cycle.
- Ability to manage large datasets.
- Knowledge of healthcare revenue cycle analytics as well as physician practice reimbursement models.
- Experience working with Epic software including: Cubes, Slicer Dicer, Dashboards, Workbench Reports, and Clarity Reports.
- Advanced skills in Microsoft applications: Outlook, Excel, Word, Access, and Teams.
- Demonstrated experience using Power BI including DAX.
- Understanding of decision support systems, relational databases, and data visualization tools.
- Knowledge of Workday desired.
Competencies
- Strong interpersonal, communication, problem solving, and analytical skills
- Excellent attention to detail with proven ability to work across multiple projects.
- Implements quality control processes and monitors quality standards.
- Embraces change and seeks to understand its impact.
- Ability to identify both patterns and anomalies across multiple data sources.
Social/Environmental Requirements:
- Work requires periods of close attention to work with out interruption. Concentrated effort of up to 4 hours without break may be required.
- Work is varied every day and the employee needs to be adaptable to respond to these changes and use independent judgment and manage priorities.
- No substantial exposure to adverse environmental conditions
- Health Care Status: NHCW: No patient contact
Sensory Requirements:
Close work (paperwork, visual examination), Color vision/perception, Visual monotony, Visual clarity > 20 feet, Visual clarity <3 feet, Conversation, Telephone.
Physical Requirements:
Sedentary work: Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, pulling objects. Sitting most of the time, with walking and standing required only occasionally
This job requires constant sitting, Fine Manipulation using both hands, Keyboard use.
About the organization:
Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center (HMFP) is one of New England’s premier physician-led organizations, dedicated to excellence in clinical care, education, research, career advancement, inclusivity, and well-being. HMFP employs more than 2,200 renowned and dedicated physicians, and serves the more than 1.3 million patients at BIDMC and across the Beth Israel Lahey Health (BILH) system, as well as other hospitals. A majority of physicians are teaching faculty affiliated with Harvard Medical School (HMS), as well as international leaders in their clinical specialties. In addition, 700+ community-based physicians deliver world-class healthcare through Associated Physicians of Harvard Medical Faculty Physicians (APHMFP).
As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) and COVID-19 as a condition of employment. Learn more about this requirement.
More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.
Equal Opportunity Employer/Veterans/Disabled
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Why join Beth Israel Lahey Health?
If you’re looking for a career where you can make a difference and explore your potential, Beth Israel Lahey Health is the place you belong. Our system includes a network of hospitals, physician practices, outpatient centers, and other healthcare facilities and we offer a broad range of careers in direct patient care, environmental services, registration, finance and many other fields. We are focused on providing compassionate and personalized healthcare with a strong reputation for clinical excellence and research and offer diverse opportunities for career growth and development. Conveniently, we have many locations in communities across Eastern Massachusetts and Southern New Hampshire.
At Beth Israel Lahey Health, we see you for all that you are – your experience and your dreams. Explore our open opportunities and find out why so many have already chosen to join our team.
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