InnovaCare Partners, LLC

Job Summary
The Medical Economics Senior Financial Analyst works with the Analytics team, Financial Reporting team, Corporate Budget team and practice financial reporting to develop/produce insightful analysis and reporting to expand on the stability of healthcare operations.
Essential Job Functions
In this position, you are a decision support role to the Corporate VP of Finance and Senior Management in helping develop and communicate the financial impact of healthcare practices across different groups with various streams of revenue.

• Assists on internal and external reporting matters, both formal and informal
• Produce monthly, quarterly and ad-hoc reporting packages to report on the stability of healthcare operations within the business, across platforms and at the independent practice level.
• Ability to expand to granular detail the performance of business lines (Medicare, Medicaid, Commercial Private, Commercial Exchange & Self Pay) and reimbursement models (Fee for Service, Capitated, Capitated Risk, Capitated Shared Risk/Savings)
• Understanding of Government Healthcare Reimbursement (Medicare Advantage, Managed Medicaid, Managed Exchange – ACA)
• Ability to perform rate/volume analyses for forecasting stability of healthcare practices.
• Assist in the development and reporting of KPI's and business drivers to identify cost savings and revenue opportunities at a summary/practice level.
• Develop financial models to be used for evaluation of business profitability cases and alternatives - focusing on Contract Profitability, Product Profitability, capacity analyses and other key indicators of performance in healthcare.
• Prepare recurring reporting blending financial reported results, adjusted forecasts, performance indicators as key drivers and sensitivity to adjustments of key drivers.
• Leverage system and reporting tools to provide meaningful analyses Prepare ad hoc reports, analyses and lead special projects.
• Prepare and present key financial performance reporting on a weekly and monthly basis utilizing available systems.
• Provide financial and analytical support to Senior Management for decision-making Performs other duties as assigned.

Minimum Required Education, Experience & Skills

• Bachelor's degree in accounting or finance required.
• Three years previous finance or accounting experience required in a healthcare setting.
• Detail oriented with strong planning, organizational and analytical skills.
• Strong computer skills with advanced knowledge in Excel Strong knowledge of GAAP, cash flow and understanding of accounting systems and processes.
• Strong skills and understanding of Healthcare Payor financial reporting systems and packages – Ideally Healthcare Service Fund accounting.
• Ability to meet tight deadlines.
• Effectively communicate in English; both oral and written Interpret a variety of communications (verbal, non-verbal, written, listening and visual)
• Maintain confidentiality, discretion and caution when handling sensitive information.
• Multi-task along with attention to detail Self-motivation, organized, time-management and deductive problem-solving skills.
• Work independently and as part of a team

Must have Skills:

• Healthcare finance experience at either a payor platform or healthcare primary/specialty network
• Expert level excel experience with ability to create all analyses workbooks inclusive of clean supporting documentation for reference, further review beyond summary.
• Extensive experience with data, SQL experience preferred.
• Not opposed to working with structured and unstructured data to produce recurring reporting.
• Experience with healthcare businesses in multi-payor environments, understanding of flexibility of healthcare costs to revenue generation.

The information listed above is not comprehensive of all duties/responsibilities_ performed. This job description is not an employment agreement or contract. Management has the exclusive right to alter this job description at any time without notice._
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Job Type: Full-time

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