Senior Financial Analyst - Catalyst Health Group
Plano, TX
About the Job
The Senior Financial Analyst will help our communities thrive by supporting internal and external primary care practices in a variety of financial initiatives, working under the direction of the Director, Finance Operations.
We are a culture that is unabashedly driven by purpose. We are making a difference to our patients and providers while growing at an accelerated rate.
Every day, we support the health journey of patients by authentically living our core values: Purpose Driven, Relationships Matter, Serve Others First, and Inspire Creativity. If you love serving others and would like to make a material difference in an industry-transforming organization, then we invite you to apply to this role. We are recognized as one of the Top 100 Places to Work by The Dallas Morning News, and we have been awarded as one of the fastest-growing privately held companies by SMU Cox.
Accountabilities
- Conducts recurring financial reviews with clients or our internal Catalyst Physician Group Practices to include current trends relative to historical performance, variance analysis & industry benchmarks
- Develop, implement, and deliver standardized reports, dashboards, executive-level summary reports and presentations to effectively communicate program performance to operational leaders and stakeholders
- Evaluates key performance metrics to support value-based contracts, quality measures, gap of care opportunities, patient engagement metrics, and other quality programs and initiatives
- Develops compensation models based on the inputs provided by senior management
- Documents and streamlines internal operational processes to improve efficiency, accuracy, and overall practice satisfaction
Role and Responsibilities:
- Works in client-facing role, providing visibility and recommendations to clients to optimize financial performance
- Ability to tie operational metrics to financial performance and provider compensation
- Engage clients to help shape, implement and report on their overall strategic initiatives
- Client support related to various practice management systems
- Reviews complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
- Produces ongoing financial models to outline the cost of care for clinical networks based on utilization of Healthcare Services by patient population
- Evaluates managed care agreements and fee schedule analysis to provide recommendations to improve revenue
- Creates proformas and financial forecasts to outline future profitability
- Ad hoc analysis to provide margin analysis, staffing models, and budgeting
- Ability to define problems and identify solutions; possess strong time management skills
- Supports other team members when needed
- Plan and organize individual/team projects and responsibilities
- Assist in due diligence for Mergers and Acquisitions.
- Ability to collect and organize data to draw valid conclusions with attention to detail.
- Ability to work on multiple engagements/clients simultaneously
- Able to collaborate and contribute as a strong team member, and have good communication skills, orally and in writing.
Minimum Qualifications and Requirements:
- Bachelor's Degree required
- Industry experience is required
- Minimum 3-4 years prior financial analysis work experience
- Strong knowledge of Excel
Preferred Experience:
- Knowledge of medical reimbursement methodology
- Ability to model recommendations in Tableau or other Business Intelligence Tool
- Experience working with practice management systems / EMRs such as athena