Sr. Financial Analyst, Managed Care
Sr. Financial Analyst, Managed Care
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Job Description
Sr. Financial Analyst Managed Care
Schedule: Monday-Friday 40hrs per week. 8am-5pm in your time zone.
Job Location Type: Remote
Your experience matters
At Lifepoint Health we are committed to empowering and supporting a diverse and determined workforce who can drive quality scalability and significant impact across our hospitals and communities. As a member of the Health Support Center (HSC) team youll support those that are in our facilities who are interfacing and providing care to our patients and community members to positively impact our mission of making communities healthier .
How youll contribute
The Sr. Financial Analyst Managed Careprovides analytics and decision support by translating payer contract rates and terms patient volume and utilization trends into actionable insights to facilitate the strategic positioning of revenue payer contracts and overall network strategy. The Sr. Financial Analyst works closely with Managed Care leaders to prioritize what-if modeling and reporting needs and ensure provision of timely and accurate deliverables.
ASr. Financial Analyst Managed Care who excels in this role:
Model hospital physician and ancillary managed care contracts using Excel and/or other modeling tools to quantify contractual value. Collaborate with Managed Care leaders to report the financial impact of changes in fee-for-service and value-based contract rates and terms to allow informed decision-making during negotiations with payers. The Sr. Financial Analyst must understand and translate complex payer contracts and payment methodologies.
Utilize various Business Intelligence (BI) tools to gather manipulate and analyze data to provide insight into payer contract performance.
Design develop and deliver ad hoc reporting and analyses using SQL Power BI and other query tools. This may include payer policy quantitative impact analysis service line volume trends litigation support chargemaster optimization and other analysis as needed.
Build reporting models requiring an understanding of business processes reporting needs and a complex information system. An understanding of relational databases is preferred.
Review and abstract contract language that significantly impacts hospital reimbursement.
Update standard managed care reports per their reporting schedule or as needed.
Assist with training and mentoring of other analytic team members.
Coordinate with managed care negotiators to identify updates to managed care contracts. Distribute new and updated managed care contracts to impacted stakeholders (internal and external). Research and/or locate missing information related to managed care contracts.
Regular and reliable attendance.
Perform other duties as assigned.
Why join us
We believe that investing in our employees is the first step to providing excellent patient addition to your base compensation this position also offers:
Comprehensive Benefits:Multiple levels of medical dental and vision coverage tailored benefit options for part-time and PRN employees and more.
Financial Protection & PTO:Life accident critical illness hospital indemnity insurance short- and long-term disability paid family leave and paid time off.
Financial & Career Growth:Higher education and certification tuition assistance loan assistance and 401(k) retirement package and company match.
Employee Well-being:Mental physical and financial wellness programs (free gym memberships virtual care appointments mental health services and discount programs).
Professional Development:Ongoing learning and career advancement opportunities.
What were looking for
Education: Bachelors Degree required (Business Mathematics Finance Information Systems or other quantitative field of study)
Experience: A minimum of 3 years of experience in health care
EEOC Statement
Lifepoint Healthis an Equal Opportunity Employer.Lifepoint Healthis committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.
Employment Sponsorship Statement
You must be work authorized in the United States without the need for employer sponsorship
Required Experience:
Senior IC
Employment Type
Full-Time
