Healthcare Financial/Business Analyst Consultant

posted on March 27, 2018

Job Description

Location: Bolingbrook, IL

Duration: 5 Months , Contract to Hire

Education and/or Experience:

  • Bachelor’s degree in Business, Accounting, Information Systems or Healthcare Management
  • Two years of directly related experience in financial reporting, or IS experience with vast experience in using SQL, Microsoft Access, or other reporting software

OR

  • High School or GED
  • Six years financial reporting, or IS experience with vast experience in using SQL, Microsoft Access, or other reporting software

Qualifications:

  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
  • The requirements listed below are representative of the knowledge, skill, and/or ability required.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Excellent verbal, writing, interpretive, and time management skills
  • Ability to work independently or as a team member
  • Ability and willingness to take direction and learn from Senior Financial/Systems Analysts
  • Demonstrated strong analytical and computer skills
  • Advanced knowledge of Microsoft Office products, especially Excel and Access

Preferred:

  • Epic Clarity
  • Meditech Data Repository
  • Meditech patient accounting system
  • Epic patient accounting system
  • Healthcare Financial Reporting
  • SQL Server Management Studio
  • Extensive data extract methodologies from multiple platforms
  • Microsoft Visual Basic programming
  • Crystal Reports

Summary:

  • Produce weekly and monthly financial reports for hospitals.
  • Develop programming changes to improve processes for internal financial reporting and analysis tools. Provide recommendations based on the financial reports to appropriate individuals.

Essential Duties and Responsibilities:

  • Compile and perform analysis on standardized weekly and monthly financial, quality, and productivity reporting for hospitals.
  • Summarize and include findings from analysis in reports distributed to the leadership team to use for decision-making purposes regarding improving processes, determining payers to focus on, etc.
  • Balance information to the host system (Meditech, Epic, or STAR) source data.
  • Develop automated process improvement tools using MS Access, MS Visual Basic, or other programming tools in order to facilitate improvement initiatives related to financial reporting.
  • Create instructions to allow other team members to use the automated processes.
  • Identify sources for getting information from the system and write the extract logic.
  • Test the extracts to ensure the data is correct, make necessary corrections, and implement into an automated process.
  • Provide recommendations and/or support documentation for Sr. Financial/Systems Analysts review prior to distribution to PFS leadership for operational improvements that will provide cost savings or increase revenue via data analysis and reporting.
  • Maintain financial reporting systems and tools by updating data sources for new requirements, changes in scope of the report, and input query criteria changes.
  • Identify and analyze trending and key variances in reporting while maintaining detailed knowledge of baseline numbers in the financial reports.
  • Review any significant trend changes or variances with Sr. Financial/Systems Analysts prior to distributing to PFS leadership.
  • Prepare foot notes for trending and explanations for variances to provide PFS leadership with additional insight in responding or reacting to the variance or trend.
  • Support Senior Financial/Systems Analysts in creating, scheduling, or maintaining processes or data extracts that are required for financial reporting by performing the more manual tasks and following through on requests for data.
  • Support Executive Revenue Cycle and leadership by providing intuitive ad-hoc reporting for their decision-making purposes.
  • Assist the PFS Directors/Managers in the understanding of all patient financial services reporting by answering questions about data sources or giving them background information on why the reports were created.

 

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