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

• Bachelor's degree or higher in Accounting required upon hire OR
• Bachelor's degree or higher in Business Administration required upon hire OR
• Bachelor's degree or higher in Finance required upon hire OR
• Bachelor's degree or higher in healthcare related field required upon hire
• A combination of education, training and experience may be considered in lieu of degree.
• A minimum of 4 years' relevant experience required
• No licensure/certification/registration required

Skills and Attributes

• Requires critical thinking skills and decisive judgment.
• Works under minimal supervision.
• Must be able to work in a stressful environment and take appropriate action.
• Requires an in-depth understanding of the specialized concepts, practices, and procedures in the area of specialization.
• Utilizes in-depth knowledge of the specialization as well as business needs to recommend appropriate action.

Physical Demands

• Standing: Occasionally
• Walking: Occasionally
• Sitting: Frequently
• Lifting 0-25 lbs: Rarely
• Lifting 25-75 lbs: Never
• Lifting over 75 lbs: Never
• Carrying 0-25 lbs: Rarely
• Carrying 25-75 lbs: Never
• Carrying over 75 lbs: Never
• Pushing/Pulling 0-25 lbs: Rarely
• Pushing/Pulling 25-75 lbs: Never
• Pushing/Pulling over 75 lbs: Never
• Climbing: Rarely
• Bending/Stooping: Rarely
• Kneeling: Rarely
• Crouching/Crawling: Rarely
• Reaching: Occasionally
• Talking: Frequently
• Hearing: Occasionally
• Repetitive Foot/Leg Movements: Never
• Repetitive Hand/Arm Movements: Frequently
• Keyboard Data Entry: Frequently
• Running: Never
• Vision: Depth Perception: Frequently
• Vision: Distinguish Color: Frequently
• Vision: Seeing Far: Frequently
• Vision: Seeing Near: Frequently

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.