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Decision Support Analyst-Full Time Days (Hybrid)

Mary Washington Healthcare
United States, Virginia, Fredericksburg
Nov 10, 2024

Start the day excited to make a difference...end the day knowing you did. Come join our team.

Job Summary:

The Analyst, Decision Support has an integral role in planning, preparation, and delivery of financial and business analysis, decision support, project management, and consulting services for the healthcare system and affiliates. In addition, other key responsibilities include development of operating plans and financial solutions that promote an environment of effective decision-making, revenue enhancement, cost efficiency, and sound business practices.

Essential Functions & Responsibilities:

  • Performs complex financial evaluations of new programs/ventures, including assessment of volume, reimbursement, payor mix, operating costs, working capital needs, capital requirements, and the financial structure in accordance with departmental policies and procedures.
  • Prepares complex financial reports/dashboards and assist leadership to compile and interpret financial reports for investment and business decisions.
  • Creates and/or develops new methods of analysis, database design, and performance measurement or, in some cases, adaptation of existing solutions to new areas.
  • Determines how decision support systems will provide information required to make effective business decisions, translates requirements into applications that employ appropriate decision support and reporting tools.
  • Meets accounting and financial objectives by preparing and reviewing analysis; identifying and evaluating trends; analyzing variances; initiating any corrective actions or adjustments.
  • Prepares monthly, quarterly, and annual reports, schedules commentaries and supplemental material to be used by leadership.
  • Performs project management/consulting for the development and implementation of various financial projects with Finance and MWHC department leadership to properly align resources and complete projects in effective and timely manner.
  • Prepares and/or validates assumptions, complex calculations, schedules, and other documentation in developing the annual capital and operating budgets in accordance with generally accepted accounting principles (GAAP) and departmental procedures.
  • Uses broad experience and technical knowledge to propose solutions to complex business problems.
  • Takes the lead in defining issues and ideas to be studied as well as the approach (methodological and technical) to be used in addressing studies and projects.
  • Performs modeling of data sources and flows, works with data management staff to define an operational framework that will define, develop, and implement policies and security frameworks to ensure precise and secure deliver of knowledge and information.
  • Develops and maintains moderate-to extremely-complex computer programs.
  • Guides cost analysis process by establishing and enforcing policies and procedures, providing trends and forecasts, explaining processes and techniques, and recommending actions.
  • Reconciles and works to improve the functionality and performance of Decision Support data.
  • Works as a liaison with leadership to compile and review service line reporting while ensuring the integrity and completeness of reports.
  • Prepares various reports, surveys and special projects as requested by leadership or for miscellaneous requesting agencies in accordance with departmental procedures.
  • Communicates with various departments in order to resolve various budget-related financial problems and procedures. Assists leadership and peers in understanding variances from budget and assists in documenting new issues that impact the current and future budget development.
  • Maintains cost accounting methodology and ensures that changes in financial operations are accurately accounted for.
  • Performs other duties as assigned.

Qualifications:

  • Bachelor's degree in Accounting, Business Administration, Finance or Healthcare Administration required.
  • Minimum of three years of experience in finance, decision support, programming, or data analysis required.
  • Must have demonstrable organizational experience in decision support, financial analysis, planning, database management, and revenue cycle.
  • Experience with SQL language and SQL Server 2005 (SSIS, SSRS, SSAS) is desirable.
  • Experience with Strata Decision Support, Workday, or other financial/clinical applications preferred.
  • Demonstrated ability to identify key business / information needs, define data specifications and/or data modeling.
  • Must be able to demonstrate database management proficiencies.
  • Must possess an in-depth working knowledge of decision support systems, spreadsheets, relational databases, various server/database platforms, fundamental DBA operations, various report-writing and other software tools.
  • Must have strong oral and written presentations skills and be able to make effective oral presentations and prepare concise written reports to a variety of audiences, including Boards.

As an EOE/AA employer, the organization will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status.

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