About The Position

The Financial Project Analyst participates in contract negotiations and manages the financial components of active contracts. The role evaluates payer proposals and provides input into financial strategy, working with the Senior Financial Analyst and senior leadership to support Managed Care goals and assess service-line viability and potential expansion of programs and health plan products. The analyst also supports ongoing negotiations and develops productive relationships with internal and external stakeholders. The position analyzes initiatives identified through business plans and other finance initiatives, including modeling, to help ensure compliance and achievement of goals. It supports contract evaluation, modeling, interpretation, and project coordination in support of the health company’s strategic and budgetary goals. The role also contributes to financial analysis for the Company’s annual and long-range forecasts, bond filings, and rating agencies, and assists with managed care issues and relationships with managed care organizations and other healthcare groups. This is a non-management position and may be considered for remote work.

Requirements

  • Bachelor’s degree in Finance or Accounting, or an eligible equivalent substitution.
  • Five years of financial analysis experience, including two years of direct Managed Care experience, or an eligible equivalent substitution.
  • Basic computer skills, including word processing, spreadsheets, databases, and data entry.

Nice To Haves

  • Master’s degree preferred.
  • Proficiency with EPIC, Experian, and/or other contract management, contract modeling, and electronic health record systems preferred.
  • An MBA and two years of healthcare experience may be considered as an equivalent substitution for the stated education and experience requirements.

Responsibilities

  • Analyze initiatives identified by business plans and other finance initiatives, including modeling, to help assure compliance and achievement of goals.
  • Support contract evaluation, modeling, and interpretation.
  • Coordinate and prepare projects to help meet health company strategic and budgetary goals.
  • Support development of the financial portions of the Company’s annual and long-range forecasts, bond filings, and rating-agency materials.
  • Assist with managed care issues involving managed care organizations, the state Hospital Association, and other healthcare providers.
  • Assist in maintaining and enhancing relationships with managed care organizations.
  • Participate in contract negotiations and actively manage the financial components of active contracts.
  • Evaluate payer proposals and provide input into financial strategy in conjunction with the Senior Financial Analyst and senior leadership.
  • Develop productive relationships with internal and external stakeholders.
  • Perform other duties as assigned.
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