WVU Medicine · 23 hours ago
Financial Decision Support Analyst - Margin Optimization
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Responsibilities
Develops and runs financial reports that are required routinely on a daily, weekly, and monthly basis
Provide ad-hoc financial analysis and proforma support to assigned hospital executive and department leadership for Acute and Critical Access Hospitals
Prepare month end statistics for assigned Acute and Critical Access Hospitals for upload to GL System and answer any resulting questions from Leadership or Management
Prepare financial data reports and statistical reports for the forecasting process for assigned Acute and Critical Access Hospitals provide scenario analysis based on set of assumptions
Prepare statistical and gross revenue reports for the budgeting process for assigned Critical Access Hospitals, and provide financial analysis as needed to make budgetary decisions
Assists Hospital Leadership with evaluation of small capital or FTE investments by running base financials and creating projections on future state based on a set of assumptions
Serves as the expert on the stats and financials of assigned Acute and Critical Access Hospitals to provide optimal support to management in evaluating and making decisions
Provide quarterly signature line financial reporting and analysis for assigned signature line
Troubleshoot information systems issues within decision support platform to ensure the integrity of data at all times
Investigate systems utilized by the Financial Decision Support team, such as Strata, Epic Slicer Dicer, and Tableau to find relationships between data, and assist with continuous data optimization, and make recommendations accordingly
Understanding of healthcare industry knowledge, internal systems utilized, and staying abreast of all current information
Participates in meeting the objectives of the work unit and goals of the department
Promotes and contributes positively to the teamwork of the department by assisting co-workers, contributing ideas, and problem-solving with co-workers
Participates in performance improvement through planning and implementing change and maintaining and improving productivity through attendance and participation in staff meetings, committees, task forces, cross functional groups, projects and discussions with hospital management and staff
Qualification
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Required
Bachelor’s Degree in Business Administration, Accounting, Finance, Hospital Administration or related field AND Two (2) years of experience in financial analysis and reporting
OR Master’s Degree in Business Administration, Accounting, Finance, Hospital Administration or related field
Ability to work with computer databases and spreadsheet software
Strong organization skills, attention to detail, and analytical aptitude
Ability to multi-task and work in a challenging deadline driven environment
Excellent written and verbal communication skills
Independent work and analytical thinker with the ability to conduct research, data analysis, and resolve issues.
Preferred
Experience in a healthcare industry with statistical metrics, population based proformas, forecasting, and budgeting
Experience with Workday, Epic, StrataJazz, and Tableau
Experience with financial analysis and reporting methods
Company
WVU Medicine
West Virginia University Health System is a non-profit organization that offers a full range of healthcare services.
Funding
Current Stage
Late StageRecent News
Pittsburgh Business Times
2024-12-10
Pittsburgh Post-Gazette
2024-04-08
The Business Journals
2024-04-08
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