Financial Analyst III Professional Non-Clinical Hours: 7:30AM - 4:30PM Days - Full-time Paygrade/Wages/Salary Info: OH 2013-76 - 40059B
Job Summary Provides analysis of financial operations and information to provide decision support to executive staff and responsible for project results and completion. # Job Responsibilities Utilizes Statistical Process Control (SPC) principles to provide recommendations for improvements in processes and outcomes by mining data from various sources. Performs statistical, cost, and financial analysis of data compiled from various sources. Prepares reports and makes recommendations based on findings, including health care costs, provider contracts, debt capacity, revenue, and profitability. Identifies trends/patterns, causes for variation, and opportunities for improvement. Assists with budget preparation and financial planning processes. Assists with budget review for compliance and opportunities. Collaborates extensively with the clinical team to improve quality and completeness of documentation related to care provided and core measures. Collaborates with and serves as expert with assigned areas, committees and improvement teams in data collection, data analysis, and data reporting. Serves as consultant to all levels of management to provide decision support for initiatives, policies, and procedures. Serves as internal expert and resource for improvement teams regarding strategies, plans, and tools. Helps design and facilitate programs, meetings, and education on quality improvement. Compiles and analyzes information for peer review, medical staff credentialing, and reappointment. Establishes procedures to ensure the accurate collection, summarization, reporting, and interpretation of data mined. Ensures compliance with regulatory and Joint Commission requirements. Performs special projects and duties as assigned, including necessary research, forecasting, and conflict resolution. Mentors team members. Researches and applies industry benchmarks and practices. Qualifications Bachelor#s degree or higher in Accounting required upon hire OR Bachelor#s degree or higher in Business Administration required upon hire OR Bachelor#s degree or higher in Finance required upon hire OR Bachelor#s degree or higher in healthcare related field required upon hire A combination of education, training and experience may be considered in lieu of degree. A minimum of 4 years# relevant experience required No licensure/certification/registration required Skills and Attributes Requires critical thinking skills and decisive judgment. Works under minimal supervision. Must be able to work in a stressful environment and take appropriate action. Requires an in-depth understanding of the specialized concepts, practices, and procedures in the area of specialization. Utilizes in-depth knowledge of the specialization as well as business needs to recommend appropriate action. Physical Demands Standing: Occasionally Walking: Occasionally Sitting: Frequently Lifting 0-25 lbs: Rarely Lifting 25-75 lbs: Never Lifting over 75 lbs: Never Carrying 0-25 lbs: Rarely Carrying 25-75 lbs: Never Carrying over 75 lbs: Never Pushing/Pulling 0-25 lbs: Rarely Pushing/Pulling 25-75 lbs: Never Pushing/Pulling over 75 lbs: Never Climbing: Rarely Bending/Stooping: Rarely Kneeling: Rarely Crouching/Crawling: Rarely Reaching: Occasionally Talking: Frequently Hearing: Occasionally Repetitive Foot/Leg Movements: Never Repetitive Hand/Arm Movements: Frequently Keyboard Data Entry: Frequently Running: Never Vision: Depth Perception: Frequently Vision: Distinguish Color: Frequently Vision: Seeing Far: Frequently Vision: Seeing Near: Frequently Owensboro Health Core Commitments INTEGRITY - We conduct ourselves with a high level of responsibility, reliability and honesty because we take seriously the trust of our patients and coworkers. RESPECT - We value and accept the unique talents and contributions of every patient, customer and team member in the Owensboro Health community. TEAMWORK - We build a spirit of connectivity and fellowship by striving together to overcome obstacles, surpass goals, celebrate accomplishments and plan the future. INNOVATION - We foster original ideas and creative solutions that improve our daily work and promote the mission of Owensboro Health. SERVICE - We focus on service to patients, customers and team members by anticipating their needs, thoughtfully meeting those needs and continually improving the quality of everything we do. EXCELLENCE - We reach beyond basic expectations to expand our knowledge and awareness, produce exceptional work and provide outstanding service.