What are the responsibilities and job description for the Senior Financial Analyst - Healthcare Consultant position at WatsonBarron Group?
Senior Project Analyst / Healthcare ConsultantLocation : Tinton Falls NJ areaSalary : Commensurate with experienceIndustry : HealthcareJoin this specialized team of consulting professionals focused on the healthcare industry including hospitals, medical centers and other providers of healthcare services. Perform research, create pricing models and benchmark analyses as you assist senior projects managers to achieve project deliverables.What will you do?As a Senior Consulting Analyst you will work as part of a team, specializing in maximizing client ROI through data analytics, custom revenue modeling, strategic pricing and industry benchmarking initiatives. Utilizing technology including proprietary software, Microsoft Excel, SQL, review and analyze industry data, client data, contracts and organization information to build models that assist in developing meaningful reporting and pricing strategies.Communicate with clients, consisting of regional and national integrated health care systems, academic medical centers, community hospitals and large physician groups.Conduct market-based strategic pricing involving a comprehensive review of prices and charge methodologies.Analyze each client’s entire line of business to determine how they can best attain a level of maximum efficiency.Manage data, contracts and all pricing information for clients.Create unique custom pricing models for each client, analyzing their prices compared to specific benchmark hospitals utilizing Excel, Access, SQL, etc.Design strategic pricing models for each client utilizing current insurance contract rates to obtain improved financial performance.Compare actual revenue and usage data to the project values.Develop optimal charge methodology that will improve the overall net revenue realized from gross charges.Perform post-implementation monitoring of gross and net revenue.Compare actual revenue and usage at each client to the projected values.Some travel may be required (~10%).Required Experience :
- Bachelor’s Degree in Accounting, Finance, Business Administration, Economics or Math
- Proficient in Microsoft Excel, Access, Outlook and PowerPoint
- Strong analytical, financial and critical thinking skills
- Ability to work in a fast-paced environment under pressure with tight deadlines
- Ability to work independently and as part of a team
- Highly organized and ability to multi-task
- Excellent interpersonal and communication skills Preferred Experience :
- Experience in hospital revenue cycle, charge capture, managed care contracting or third-party billing and reimbursement
- Interest in financial related matters within the healthcare / hospital industry
- A minor, concentration, or second major in Computer ScienceSome overnight travel may be required (10%)At WatsonBarron, we share a philosophy when it comes to recruiting - focus on people. Great companies, no matter the product or service, are run by people. We have made a commitment to the careers and businesses of those who lead. We seek out the best and the brightest in the accounting & finance industries and introduce them to clients with the highest expectations. We do this with a tireless commitment to detail. This commitment has made WatsonBarron the selected recruiter for many of the region's top professionals and ground-breaking companies. These range from incubator companies focused on technology and cutting-edge diagnostics, to Fortune 500 entertainment, pharmaceutical, consumer products, publishing, consulting, manufacturing, and financial services firms. See more jobs posted at https : / / watsonbarron.com / careers-page#J-18808-Ljbffr