University of Maryland Medical System · 1 week ago
Senior Decision Support Analyst
Baltimore, MD
Full-time
Onsite
Senior Level
$38.67/hr - $58.05/hr
5+ years expThe University of Maryland Medical System (UMMS) is an academic private health system focused on delivering compassionate, high quality care. The Senior Decision Support Analyst will coordinate financial and clinical decision support services, manage financial projects, and ensure data integrity while collaborating with various departments to support hospital operations.
Hospital & Health Care
Responsibilities
Perform project management/consulting role for the development and implementation of various financial projects with various Finance and UMMS department leadership to properly align resources to complete projects in effective and timely manner
Prepares various reports, surveys and special projects as requested by senior management or for miscellaneous requesting agencies in accordance with departmental procedures
Monitors and assesses procedural, resource, and/or structural changes to the Medical System and collaborate with multi-disciplinary teams throughout the Medical System to effectively institute necessary process changes
Keeps up-to-date with the developments/changes in the field and applicable regulations and procedures affecting hospital finance and regulatory practices. Keeps current on finance information system updates and enhancements
Ensures clinical analyst data quality and integrity
Develops, implements, and maintains executive reporting tool in coordination with the Intranet Committee
Conducts specific financial assessments and outcomes to include profitability analysis of hospital product lines, and supports the development of clinical and surgical pathways with the Department of Clinical Effectiveness
Responsible for creating and maintaining all levels of documentation required to utilize, maximize, and audit decision support clinical analyst data
Responsible for networking with HBOC and other decision support users to insure that the system is being maximized
Responsible for the coordination with other UMMC departments to insure that decision support data is either unaffected or modified to accommodate institutional and systems changes
Responsible for participating in and supplying any data needed for regulatory compliance (HIPAA)
Performs complex financial evaluations of new programs/ventures, including assessment of volume, reimbursement, payor mix, operating costs, working capital needs, capital requirements and the financial structure in accordance with departmental policies and procedures
Prepares and/or validates assumptions, complex calculations, schedules and other documentation in developing the Medical Centers annual capital and operating budgets in accordance with generally accepted accounting principles (GAAP) and departmental procedures
Communicates with various departments in order to resolve various budget-related financial problems and procedures. Assists manager/analyst in understanding variances from budget and assists in documenting new issues that impact the current and future budget development
Assist in the management and development of multi-year budgets
Maintains cost accounting methodology and ensures that changes in financial operations are accurately accounted for
Facilitates the production and distribution of the decision support clinical services profitability statements and other Medical Center analyses
Communicates with departments and clinical services on questions and issues surrounding cost accounting analyses
Designs and produces financial reports to meet the decision-making needs of senior management
Prepares and/or validates assumptions, complex calculations, schedules and other documentation in developing the Medical Centers and Medical Systems annual capital and operating budgets in accordance with generally accepted accounting principles (GAAP) and departmental procedures
Development of long-term financial forecasts that incorporate the changes in patient service activity, the reimbursement environment, payor mix, operating costs, capital financing structure and overall capital requirements primarily utilizing the ENUFF model
Maintains the Medical System’s strategic capital plan and determines how these capital issues will affect the long-range financial forecast. Produces regular updates of this document for internal use
Reports and maintains external and internal benchmarking indicators
Qualification
Required
Bachelor's degree in Finance, Accounting or a related field is required. Decision support experience may be substituted for education
Five years progressively responsible financial planning, financial analysis, budgeting, managed care or accounting experience
Extensive multi-specialization working knowledge of the PDS System and how it relates to at least three of the following specialty areas: Clinical Analysis, Business Development, Budget Analysis, Strategic Financial Planning & Subsidiary Ventures, Cost Accounting, or Managed Care
Working knowledge of the Pathways Decision Support system and its application to several operations of decision support
Extensive working knowledge of financial data and systems as well as strong communication and organizations skills
Ability to motivate and tactfully guide management and co-workers while maintaining required degree of confidentiality and purpose
Ability to address groups of various sizes, discuss/debate alternatives with other professionals and/or arbitrate differences of opinion and/or focus
Ability to judge the level of confidentiality of information / activities involved in and exhibit integrity in use of dissemination of such information
Expert knowledge of spreadsheets (i.e. Microsoft Excel), databases (i.e., Microsoft Access), word processing programs (i.e., Microsoft Word), graphic/specialty and other finance-related software programs
Ability to teach others and act as a department resource of expertise
Ability to develop and evaluate complex financial data via use of computer analysis
Excellent organization and problem-solving skills and team leadership skills are required to develop and implement efficient work processes
Ability to work in a stressful environment
Ability to work effectively in a matrix work environment
Preferred
Healthcare-related finance background is preferred
Company
University of Maryland Medical System
The University of Maryland Medical System (UMMS) was created in 1984 when the state-owned University Hospital became a private, nonprofit organization.
10001+ employees
H1B Sponsorship
University of Maryland Medical System has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (11)
2024 (15)
2023 (18)
2022 (9)
2021 (5)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Kenneth Kozel
President and CEO
Hank Franey
Executive Vice President and CFO
Recent News
2023-06-30
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