Mass General Brigham
Senior Financial Analyst, Population Health Management
Mass General Brigham, Somerville, Massachusetts, us, 02145
As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.
We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development—and we recognize success at every step.
Our employees use the Mass General Brigham values to govern decisions, actions, and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.
General Overview
The Population Health Management (PHM) department is charged with driving improved value for patients across Mass General Brigham. PHM leverages financial and clinical data to examine opportunities and design and deliver innovative care models. We value problem-solving, teamwork, and leadership skills to drive ongoing care delivery improvement for our patients.
The Financial Planning team supports PHM leadership in analysis and projections in our value-based contracts with commercial and government payers. The team manages numerous funds flow decisions and consumes many data sources for analyzing the financial and provider data. A key component of the teams’ success is understanding the contractual risk share arrangements and maintaining relationships built with the Finance teams across the Mass General Brigham system.
The Sr. Financial Analyst is an integral member of the Population Health Services Organization (PHSO) Financial Planning team. This position will provide support for the PHSO budget, finance operations (including Internal Performance Framework revenue process and funds flow) and Medicaid ACO revenue/funding operations).
Principal Duties and Responsibilities
Internal Performance Framework Revenue Process: Aggregate system-wide commercial revenue in relation to our commercial risk contracts to calculate financial incentive dollars at risk in the IPF. Responsibilities include claims analysis using pre-existing Microsoft Access workbooks and Excel workbooks, confirming RSO and provider assignment logic, auditing the revenue data for accuracy, and troubleshooting discrepancies on a quarterly basis.
Medicaid ACO Membership Reporting: Produce a monthly suite of membership detail reports for internal PHSO use. This role would be responsible for summarizing the membership detail at the practice level for our Medicaid ACO.
Medicaid Funding & Support Tracking: Track Medicaid ACO funding streams from MassHealth as well as other funding streams throughout the system to support our Medicaid operations within the PHSO.
Budgeting Process: Provide support during Population Health Services Organization enterprise budgeting process. This role should be able to take direction and seek information from stakeholders as needed.
Other Duties as Assigned: Partner with Planning Analysis & Funds Flow team to complete ad-hoc projects such as: FTE reporting, ROI analysis, internal funds transfers, and costing analysis.
Qualifications
Required:
Bachelor’s degree.
Minimum of 3-5 years work experience in finance or operations (experience within a healthcare field preferred).
Advanced Excel skills and demonstrated ability to perform financial analysis and reporting.
Proficient in budgetary, financial, and accounting principles and practices.
Strong organizational and problem-solving skills.
Ability to work independently and meet multiple deadlines.
Must be detail-oriented, reliable, and self-motivated.
Preferred:
Provider and payor health insurance and claims data experience preferred.
A combination of education and experience may be substituted for requirements.
Skills/Abilities/Competencies
Skills for Success
Superior analytic and problem-solving skills with a high value in data integrity and analytic accuracy.
Ability to conduct detailed analysis as well as distill relevant findings for presentation to a high-level audience.
Ability to multitask and prioritize multiple project requests simultaneously.
Demonstrated analytic, organizational, and problem-solving skills.
Strong communication and collaboration skills.
EEO Statement
Mass General Brigham is an Equal Opportunity Employer. By embracing diverse skills, perspectives, and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.
Primary Location : MA-Somerville-MGB Assembly Row
Work Locations : MGB Assembly Row 399 Revolution Drive Somerville 02145
Job : Finance/Accounting
Organization : Mass General Brigham
Schedule : Full-time
Standard Hours : 40
Shift : Day Job
Employee Status : Regular
Recruiting Department : MGB Population Health Management
Job Posting : Oct 25, 2024
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We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development—and we recognize success at every step.
Our employees use the Mass General Brigham values to govern decisions, actions, and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.
General Overview
The Population Health Management (PHM) department is charged with driving improved value for patients across Mass General Brigham. PHM leverages financial and clinical data to examine opportunities and design and deliver innovative care models. We value problem-solving, teamwork, and leadership skills to drive ongoing care delivery improvement for our patients.
The Financial Planning team supports PHM leadership in analysis and projections in our value-based contracts with commercial and government payers. The team manages numerous funds flow decisions and consumes many data sources for analyzing the financial and provider data. A key component of the teams’ success is understanding the contractual risk share arrangements and maintaining relationships built with the Finance teams across the Mass General Brigham system.
The Sr. Financial Analyst is an integral member of the Population Health Services Organization (PHSO) Financial Planning team. This position will provide support for the PHSO budget, finance operations (including Internal Performance Framework revenue process and funds flow) and Medicaid ACO revenue/funding operations).
Principal Duties and Responsibilities
Internal Performance Framework Revenue Process: Aggregate system-wide commercial revenue in relation to our commercial risk contracts to calculate financial incentive dollars at risk in the IPF. Responsibilities include claims analysis using pre-existing Microsoft Access workbooks and Excel workbooks, confirming RSO and provider assignment logic, auditing the revenue data for accuracy, and troubleshooting discrepancies on a quarterly basis.
Medicaid ACO Membership Reporting: Produce a monthly suite of membership detail reports for internal PHSO use. This role would be responsible for summarizing the membership detail at the practice level for our Medicaid ACO.
Medicaid Funding & Support Tracking: Track Medicaid ACO funding streams from MassHealth as well as other funding streams throughout the system to support our Medicaid operations within the PHSO.
Budgeting Process: Provide support during Population Health Services Organization enterprise budgeting process. This role should be able to take direction and seek information from stakeholders as needed.
Other Duties as Assigned: Partner with Planning Analysis & Funds Flow team to complete ad-hoc projects such as: FTE reporting, ROI analysis, internal funds transfers, and costing analysis.
Qualifications
Required:
Bachelor’s degree.
Minimum of 3-5 years work experience in finance or operations (experience within a healthcare field preferred).
Advanced Excel skills and demonstrated ability to perform financial analysis and reporting.
Proficient in budgetary, financial, and accounting principles and practices.
Strong organizational and problem-solving skills.
Ability to work independently and meet multiple deadlines.
Must be detail-oriented, reliable, and self-motivated.
Preferred:
Provider and payor health insurance and claims data experience preferred.
A combination of education and experience may be substituted for requirements.
Skills/Abilities/Competencies
Skills for Success
Superior analytic and problem-solving skills with a high value in data integrity and analytic accuracy.
Ability to conduct detailed analysis as well as distill relevant findings for presentation to a high-level audience.
Ability to multitask and prioritize multiple project requests simultaneously.
Demonstrated analytic, organizational, and problem-solving skills.
Strong communication and collaboration skills.
EEO Statement
Mass General Brigham is an Equal Opportunity Employer. By embracing diverse skills, perspectives, and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.
Primary Location : MA-Somerville-MGB Assembly Row
Work Locations : MGB Assembly Row 399 Revolution Drive Somerville 02145
Job : Finance/Accounting
Organization : Mass General Brigham
Schedule : Full-time
Standard Hours : 40
Shift : Day Job
Employee Status : Regular
Recruiting Department : MGB Population Health Management
Job Posting : Oct 25, 2024
#J-18808-Ljbffr