Business Analytics Consultant

Genesis Healthcare SystemMoline, IL
6d

About The Position

The Business Analytics Consultant gathers and analyzes healthcare data from multiple sources to extract trends and business insights. The Business Analyst Consultant's primary objective is to help the organization understand all areas of business performance in an effort to promote organizational effectiveness, streamline processes, and keep patients and employees satisfied.

Requirements

  • Bachelor’s degree in business administration, Healthcare administration, Engineering, or other related field In lieu of a bachelor’s degree, an equivalent of certification(s) approved as applicable to the job role.
  • Three (3) years’ experience in business administration, healthcare administrative, or related field.
  • Experience in data analysis and visualization methods.
  • Experience in developing operating and capital budgets at a departmental and system level.
  • Must be analytical, resourceful, and an excellent communicator who’s able to tell the story from data to decision to all audiences.
  • Knowledge of data mining methods and systems and analysis tools.
  • Strong analytical, critical thinking and problem-solving skills with ability to read, categorize, comprehend and calculate information.
  • Excellent interpersonal and communication skills.
  • Advanced Microsoft Excel, Word, and PowerPoint skills to effectively create analysis and presentations.
  • Ability to independently prioritize and focus on multiple tasks concurrently.
  • Must be detail oriented and complete tasks with a high degree of accuracy.

Responsibilities

  • Analyze strategic alignment of proposed projects to the organization’s strategic objectives and goals.
  • Works directly with service line leaders in planning, managing, and improving service lines both financially and based on other scorecard expectations.
  • Conducts analysis of moderate to high complexity information to assure key stakeholders are provided with actionable, accurate, and high integrity data. Performs financial analysis, modeling, and reporting related to project/business proposals.
  • Present and explain information and data in an understandable and purposeful manner.
  • Analyze data to identify trends and patterns, along with ability to integrate and relate data from disparate sources including financial, billing, and operational systems.
  • Works in conjunction with data management team for statistical gathering, reporting and compilation of benchmarking information including market share data.
  • Build business models and analyses that incorporate the complete healthcare delivery process. Effectively collaborates with entire organization to conduct analysis and communicate findings and value-added information to the stakeholders at all levels in the organization.
  • Demonstrates in-depth knowledge of accounting and finance activities and demonstrates the willingness and ability to learn healthcare service line specific operations, ensuring applicable and effective analysis is performed.
  • Develops and maintains service line reports in alignment with strategic initiatives and orchestrates the process for routine distribution. Maintains data integrity process to ensure all data received, retrieved, and processed is validated prior to distribution.
  • Works with team to develop departmental level, entity level, and system-wide operating and capital budgets.
  • Prepares and monitors annual key department operating and capital budgets/forecasts.
  • Performs variance analysis of budget to actual monthly reports. Assists with analysis of expenses and economic reviews of both labor and supply expense reduction efforts.
  • Assist with development and maintenance of cost accounting method over time. In conjunction with routine reporting incorporates cost accounting analysis to supplement the strategic decision-making process where appropriate.
  • Identifies and implements process improvement strategies to produce reports, gather information, and meet organizational needs effectively and efficiently.
  • Integrates with both service line and finance teams to insure seamless and efficient communications and decision making.
  • Performs all other duties as assigned.
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