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Decision Support Analyst
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$86k-121k (estimate)
Full Time 6 Days Ago
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Smith Arnold Partners is Hiring a Decision Support Analyst Near Stamford, CT

Esteemed Health Care Institution, known for their incredible culture and unbelievable benefit package is expanding their Decision Support Team and looking for a Cost Accounting Decision Support Analyst ! This role serves as an expert in Decision Support and Cost Accounting, understanding the flow of data from financial systems and patient encounter records and the interrelationship of data from these different systems.

What employees are saying:

  • I felt valued and supported by my managers throughout the entire duration of my tenure.
  • Hands down one of the most rewarding career experiences I have ever had!
  • Excellent place to work, atmosphere is great, people are friendly, excellent benefits!

Title Financial Analyst - Decision Support Analyst

Location: Stamford, CT -Hybrid

Salary: $80,000 – $115,000

Responsibilities:

  • This Cost Accounting Decision Support Analyst is responsible for developing and interpreting complex financial analyses and reports used by management in decision making. The position is responsible for preparing analysis for the support of budgeting/ long range planning, business plan development (proforma, retrospective analyses), service line reporting, revenue, and reimbursement analyses, as well as the ad hoc reporting needs of management.
  • The role requires performing extensive data mining and abstracting of financial and clinical information from various sources to analyze and interpret data to support organizational decision making, and strategic planning.
  • This individual will serve as a liaison to operationally support and link areas such as Finance, Administration and Operations.
  • This role serves as an expert in Decision Support and Cost Accounting, understanding the flow of data from financial systems and patient encounter records and the interrelationship of data from these different systems.

Position Summary

  • Reporting to the Senior Director of Financial Operations, the Decision Support Analyst position develops and interprets complex financial analyses and reports used by management in decision making.
  • The position is responsible for preparing analysis for the support of budgeting/ long range planning, business plan development (proforma, retrospective analyses), service line reporting, revenue, and reimbursement analyses, as well as the ad hoc reporting needs of management. The role requires performing extensive data mining and abstracting of financial and clinical information from various sources to analyze and interpret data to support organizational decision making, and strategic planning.
  • The Decision Support Analyst will serve as a liaison to operationally support and link areas such as Finance, Administration and Operations. This role serves as an expert in Decision Support and Cost Accounting, understanding the flow of data from financial systems and patient encounter records and the interrelationship of data from these different systems.
  • Develops expertise in various reporting systems and plays a key role in the implementation/maintenance of Syntellis and Strata financial decision support/cost accounting/benchmarking applications.
  • Prepares analysis for the support of budgeting/long range planning, business plan development (proforma, retrospective analyses), service line reporting, cost and revenue analyses, as well as the ad hoc reporting needs of management. Including assessment of volume, reimbursement, payor mix, and operating costs.
  • Responsible for preparation of monthly Volume Statistics.
  • Responsible for developing routine reporting and dashboards to monitor institutional performance relating to financial and operational indicators and provide administration with information to make critical business decisions

Requirements:

  • 3-5 years’ experience in a Healthcare Analyst or Decision Support Analyst position
  • Experience with cost accounting required
  • Demonstrated knowledge of, reporting systems (Syntellis), cost accounting (Strata), and financial systems (Infor), medical record systems (EPIC)
  • Ability to understand key issues and synthesize large data sets of complex information to communicate to various audiences
  • Proficiency in Microsoft Office (PowerPoint, Excel, Word)
  • Experience with Power BI (Business Intelligence), data visualization tools
  • Experience with volume reporting and business planning
  • Refined analytical skills required; must be comfortable manipulating and summarizing observations

Job Summary

JOB TYPE

Full Time

SALARY

$86k-121k (estimate)

POST DATE

06/28/2024

EXPIRATION DATE

07/16/2024

WEBSITE

smitharnoldpartners.com

HEADQUARTERS

Stamford, CT

SIZE

<25

INDUSTRY

Business Services

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The following is the career advancement route for Decision Support Analyst positions, which can be used as a reference in future career path planning. As a Decision Support Analyst, it can be promoted into senior positions as a Decision Support Project Specialist that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Decision Support Analyst. You can explore the career advancement for a Decision Support Analyst below and select your interested title to get hiring information.

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