Lifepoint Health® · 2 weeks ago
Senior Financial Analyst
United States
Full-time
Remote
Mid, Senior Level
3+ years exp
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Hiring Manager
Lori Crowe
Insider Connection @Lifepoint Health®
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Responsibilities
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 for 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.
Qualification
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Required
Bachelor’s degree required (Business, Mathematics, Finance, Information Systems, or other quantitative field of study)
A minimum of 3 years of experience in health care
Ability to think critically and self-guide work without detailed instruction
Open to change and suggest ideas for process improvement
Positive attitude and enthusiastic approach to problem-solving
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
Understand and translate complex payer contracts and payment methodologies
Utilize various Business Intelligence (BI) tools to gather, manipulate, and analyze data
Design, develop, and deliver ad hoc reporting and analyses using SQL, Power BI, and other query tools
Build reporting models requiring an understanding of business processes, reporting needs, and a complex information system
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
Preferred
An understanding of relational databases is preferred.
Benefits
401k
Flexible PTO
Generous Employee illness benefit (EIB)
Medical
Dental
Vision
Tuition reimbursement
Employee Assistance Program
Company
Lifepoint Health®
Lifepoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the healthcare continuum.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.9B2024-05-09Debt Financing· $800M
2023-09-29Debt Financing· $1.1B
2018-07-23Acquired
Leadership Team
William Carpenter
Co-Founder
Jason Zachariah
Chief Operating Officer
Recent News
Nashville Business Journal
2024-12-17
Nashville Business Journal
2024-12-17
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