Financial Consultant, Cap Revenue Healthcare Economics

UnitedHealth GroupAuburndale, MA
$72,800 - $130,000Remote

About The Position

Atrius Health, part of the Optum family of businesses, is an innovative health care leader and multi-specialty group practice delivering an effective, connected system of care for adult and pediatric patients at 28 practice locations in eastern Massachusetts. The Financial Consultant, Healthcare Economics Optum Massachusetts, under the general direction of the Associate Director, Healthcare Economics Optum Massachusetts, coordinates and oversees complex financial analyses projects and studies in areas such as budgets, financial plans, utilization, statistical reports, cash flow projections, revenue, and business forecasts for Optum Massachusetts. This role exercises considerable latitude in approach and analyses, interprets results, provides alternatives, and develops new techniques for financial analyses. The consultant serves as a resource to staff and managers across various departments and locations, and may lead financial analysts, providing advice, training, and oversight. The position offers the flexibility to work remotely from anywhere within the U.S., with specific in-office requirements for hires in the Minneapolis or Washington, D.C. area.

Requirements

  • Bachelor’s degree
  • 4+ years of experience in financial, accounting or data analyses
  • Proven background in financial modeling and forecasting
  • Proven excellent analytical and quantitative skills including statistical analyses
  • Proven detail oriented with strong technical writing, communication, and presentation skills
  • Demonstrated project management skills
  • Proven solid computer skills, including Microsoft Excel and SQL, and experience in computer modeling
  • Able to use all electronic tools and applications relevant to the performance of the duties of the position, including but not limited to phone, keyboard, computer, and computer applications
  • Performs all job functions in compliance with applicable federal, state, local and company policies and procedures
  • Accesses only the minimum necessary protected health information (PHI) for the performance of job duties
  • Actively protects the confidentiality and privacy of all protected health information they access in all its forms (written, verbal, and electronic, etc.) taking reasonable precautions to prohibit unauthorized access. Complies with all Optum MA and departmental privacy policies, procedures, and protocols. Follows HIPAA privacy guidelines without deviation when handling protected health information

Nice To Haves

  • Accounting or finance (or equivalent education, training or experience)
  • Experience in healthcare

Responsibilities

  • Analyzes and audits financial, budgetary, revenue and/or medical claims information to determine present and future financial performance and to ensure necessary compliance with policies, procedures, and regulations.
  • Develops, maintains, and analyzes monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year.
  • Works closely with business leadership to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies.
  • Monitors and performs on-going analysis for the development and management of programs, initiatives or budgets in major areas or categories, provides support through forecasting, statistical analyses, trending, regression analyses, risk assessment, utilization assessment and creates financial model development.
  • Identifies key issues and trends and submits reports or makes presentations to management explaining problems and making recommendations for changes.
  • Automates and produces concise, well-formatted reports that communicate a clear, compelling message for business leaders.
  • Analyzes, summarizes, and prepares recommendations regarding financial plans, budget planning and operating forecasts.
  • Develops budgets, financial planning tools, pro forma models and other materials needed to fulfill corporate financial requirements.
  • Develops analytical methods and presentation formats for interpreting data to assist managers in decision-making (i.e., return on investment analyses, rate of return assessment, capital outlay analyses, facilities reinvestment proposals and contract negotiations).
  • Partners with Optum Massachusetts Budget team to ensure consistency and alignment to targets, reporting metrics and variance bridges.
  • Supports business case analysis on key strategic growth and cost initiatives.
  • Develops and conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action.
  • Identifies areas for review and conducts analyses. Analyses may be focused on a single or multiple location, clinical or nonclinical operations or single or multiple cost/revenue/budget items.
  • Frequently reviews and analyzes information submitted by others, providing feedback and recommendations as needed.
  • May serve as project leader for financial projects ensuring the integrity, accuracy and consistency of financial information, reports and/or databases.
  • Defines the issues and scopes of assigned projects.
  • Determines approach and methodology.
  • Prepares and presents interpretation of findings.
  • May participate in the development of consequent financial strategies or tactics.
  • Serves as consultant and liaison to staff members in a variety of departments and locations.
  • Provides interpretation of financial policies, governmental legislation, accounting theory, or financial regulations.
  • Recommends cost saving or profit generating opportunities and profitability improvement strategies.
  • Provides support and direction on financial issues and/or problems affecting performance and projections.
  • Ensures all necessary data is captured electronically.
  • Monitors and audits the data flow.
  • Identifies and resolves data gaps.
  • With the approval of the Executive Director, may serve as liaison with outside organizations.
  • Performs other duties as assigned.
  • May play lead role with lower level or less experienced analysts.

Benefits

  • comprehensive benefits package
  • incentive and recognition programs
  • equity stock purchase
  • 401k contribution
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