FINANCIAL ANALYST III

FINANCIAL ANALYST III

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

Skills and Attributes

Physical Demands

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.

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