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WatsonBarron Group

Senior Financial Analyst - Healthcare Consultant

WatsonBarron Group, Tinton Falls, New Jersey, United States,


Senior Project Analyst / Healthcare Consultant

Location: Tinton Falls NJ area

Salary: Commensurate with experience

Industry: Healthcare

Join 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 project 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 healthcare 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.

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 Science

Some overnight travel may be required (10%).

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