Sr Business Analyst
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The Senior Business Analyst is within the Health Care Analytics Team. The Health Care Analytics Team, as part of Finance, is responsible for the management of medium to large projects, client relationship management and senior business level analysis. Senior Analyst will have strong analytical skills, facilitation skills, project management skills, communication skills, and high customer service orientation. A Senior Analyst may have specific industry knowledge and experience. This position will report to the Manager of ACO Analytics. On major projects, this position might be accountable to the Director of ACO Analytics or Fairview Senior Management.
The Senior Business Analyst is responsible for developing statistical and financial reporting and analysis based on both internal and external data sources designed to help reduce the total cost of care. The Senior Analyst extracts and validates data from various information sources while identifying key information and documenting recommendations to assist management in sound business decisions. This position will be the key forecast analyst for our Total Cost of Care and ACO contracts across the company.
The primary area of responsibility for this particular Senior Analyst position is to help gauge the financial impact of Fairview’s drive toward an Accountable Care Organization (ACO) on the System. The position will require a high level of coordination with other corporate and operations based finance groups including hospital and clinic operations, finance and operational leadership. This interaction will be key to identify direct operational metrics, trends and cost/utilization leading indicators used for creating modeling that directly correlates and helps predict our financial performance and forecasts for these contracts.
Expertise in these areas will become increasingly important across all aspects of Fairview as alternate reimbursement models begin to replace traditional reimbursement. Financial due diligence will be essential as non-volume based reimbursement takes on a larger role in our business. The Senior Analyst has the opportunity to become associated with the ACO project within Fairview as the system undergoes dramatic changes in how it provides and is compensated for care.
*Manage relationship engagements. Accountabilities include:· Planning, · Issue identification, · Data Analysis, · Synthesis of research, · Development of recommendations. · Lead engagement forecast · Lead Analytic staff, if assigned. · Facilitate the work of staff from other infrastructure and operational areas working on the project, if assigned
*Provide senior level business analysis.· Develop complex business models. · Prepare industry analysis. · Prepare financial analysis · Complete operational analysis. · Analyze complex risk contracts
*Build and maintain good working relationships with staff from infrastructure and operational areas.
*Build and maintain good working relationships with staff from various outside parterns, including payors, vendors and consultants.
*Manage/supervise flow of information and working relationship with Senior Leadership, as needed.
*Manage/supervise flow of information and working relationship with payors, vendors and consultants.
* Demonstrates ability to provide care or service adjusting approaches to reflect developmental level and cultural differences of population served
Required: B.A. in Mathematics, Statistics, Actuarial or Finance. Forecasting and Reporting, Financial Analysis, participating and leading cross functional teams, and implementing process improvements. With an advanced degree: 5+ years experience. With a bachelor's degree: 7+ years experience. Preferred: M.A. in Mathematics, Statistics, Actuarial or Finance. SFA, FSA or relevant MBA. 10 years in Hospital, Payor, or other health care organization.
For more than 100 years, Fairview has been improving the health of the communities we serve. We have grown into one of Minnesota's largest nonprofit organizations. Today, we are more than 20,000 employees providing exceptional care and leading health care innovations that will sustain us into the future.
We partner with one of the nation's top research and teaching facilities - the University of Minnesota and its Academic Health Center. Our partnership is a national model that enables us to provide breakthrough medicine to our patients.
Our caregivers and leaders are re-envisioning patient care during a time of transformational change in health care. From ground-breaking care models in our primary care facilities to unique collaborative relationships with payers and employers and implementation of new technologies, we're committed to improving the overall value of our clinical quality and experience for our patients as we reduce the cost of care.
We are hospitals, clinics, home care, hospice, rehabilitation, pharmacy services and much more. To the communities we serve, we are known as a healthcare leader, community partner and trusted advocate. As an employer, we nurture the teamwork, passion and excellence needed to deliver our promise of exceptional care to our patients.
We offer competitive compensation and comprehensive benefits to fit your life.
See current job openings and apply online at:fairview.org/careers