Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc. · 16 hours ago
Director of Strategic Financial Planning & Analytics
Woburn, MA
Full-time
Onsite
Director/Executive
$170K/yr - $195K/yr
10+ years expHarvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center is seeking a Director of Strategic Financial Planning and Analytics. The role involves developing and analyzing data to optimize financial performance in healthcare, leading a team of financial analysts, and collaborating with various departments to support strategic planning efforts.
EducationHealth CareMedicalNon Profit
Hiring Manager
Erin Wood
Responsibilities
In collaboration with HMFP’s Senior Director of Revenue Cycle, build, quality control and publish performance measurement dashboards that track revenue cycle performance over time
Works within controls to ensure the accuracy, timeliness and confidentiality of all reports, views, dashboards, analyses and user data
Uses various software applications such as desktop tools, spreadsheets, report writing software, statistical software, graphical presentation tools, and Business Intelligence applications (such as Power BI) to assemble, manipulate and/or format data
Maintain Business Intelligence models to design, develop and generate both standard and ad-hoc reports
Demonstrated SQL skills with extensive experience in developing Business Intelligence solutions (preferred)
In collaboration with HMFP’s Director of Finance, develop an approach to utilize revenue cycle metrics to better inform the annual budget process
Provide financial analysis and pro-forma statement development to support the strategic planning efforts of the organization
This role will be responsible for the development of the financial models used to review proposed joint ventures, enhance clinical program development, and the physician recruitment process
Partner with operational leaders to develop business plans and implement a process to retroactively review the accuracy of these plans to inform future models
Develop models to assess physician productivity metrics against industry benchmarks and synthesize data in a way that can be presented clearly and concisely
Work in collaboration with the HMFP Controller and Senior Director of Revenue Cycle in the evaluation and implementation of comprehensive business intelligence, decision support, financial reporting, and analysis tools to improve business evaluation and management enterprise wide
Must be able to develop, maintain, review and explain data models
In collaboration with HMFP Departments, support reconciliation of BILH affiliate contracts as necessary
Partner with Departments and affiliates to establish reporting standards between HMFP and BILH affiliates
Advanced written and verbal communication skills with the ability to build data-driven presentations that translate complex data analyses into crisp insights with clear recommendations
Manage financial project portfolio
Drive organizational change taking full account of obstacles, opposition, and differing stakeholder priorities
Act as a champion for business process changes; act behind the scenes to craft solutions for business problems related or tangential to the project
Oversee and manage the day-to-day operations of the HMFP financial analysis staff
Demonstrate superior collaboration skills and techniques which appropriately define alternate solutions and create lasting, productive partnerships with clients
Actively participates in cross-functional groups to solve problems across projects
Utilizes a network of relationships to collect and disseminate information, build support, and secure buy-in for desired objectives
Other tasks and work as assigned
Qualification
Required
Bachelor's degree in Finance/Accounting or Healthcare Administration required
10+ years related work experience in healthcare finance, operations, and/or revenue cycle
3-5 years in a management role; strong leadership skills and a track record of managing and motivating high-performing teams in-depth understanding of decision support systems, with knowledge of business statistics, quantitative methods, relational databases, business development score cards, data modeling, and performance and profitability analysis
Proficiency in utilizing tools to produce comprehensive analyses and actionable intelligence. Advanced problem solving and analytical ability
Strong skills to collect, organize and analyze data, produce actionable reports, and recommend improvements and solutions
In-depth knowledge of documentation and reporting, with the ability to run complex studies, collect and analyze financial and performance data, and produce relevant, meaningful reports, analyses, and forecasts
Understanding of healthcare/ physician practice reimbursement models required
Advanced organization and project management skills, and the ability to leave a team, prioritize tasks, and see projects through from inception to completion on schedule
Must be able to work well in team-focused environment and communicate well with physicians and executive leadership
Strong interpersonal, verbal and written communication, problem-solving, and decision-making skills required
Demonstrated, progressive experience in healthcare revenue cycle analytics, including managing healthcare data projects end-to-end
Excellent attention to detail with proven ability to work across multiple projects and successfully adapt in a fast-paced, high-growth, and rapidly changing environment
Advanced skills with Microsoft applications which may include Outlook, Word, PowerPoint or Access and other web-based applications
May produce complex documents, perform analysis and maintain databases
Preferred
Master's degree in business administration, healthcare administration, accounting or finance preferred
Demonstrated SQL skills with extensive experience in developing Business Intelligence solutions (preferred)
Experience working with EPIC software and analytical tools, including report dashboard and development (preferred)
Benefits
Health, dental, vision, life, and disability insurance
Retirement plan(s) with employer contributions
Company
Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc.
Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center (HMFP) is a leading physician organization, affiliated with Harvard Medical School (HMS), and dedicated to excellence in research, teaching, and patient care.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Alexa B. Kimball, MD, MPH
CEO and President
Meghan Agnew
Vice President and Chief Financial Officer
Recent News
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