Financial Consultant, Cap Revenue Healthcare Economics at Universal Health Group

Auburndale, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Oct, 26

Salary

130000.0

Posted On

08 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Modeling, Forecasting, Statistical Analysis, SQL, Microsoft Excel, Project Management, Technical Writing, Quantitative Analysis, Budget Planning, Data Analysis, Revenue Analysis, Financial Reporting

Industry

Hospitals and Health Care

Description

Explore opportunities at Atrius Health, part of the Optum family of businesses. We’re an innovative health care leader and multi-specialty group practice, delivering an effective, connected system of care for adult and pediatric patients at 28 practice locations in eastern Massachusetts. Our entire team of providers (physicians, AP/NPs and ancillary clinicians) works collaboratively with a value-based philosophy within our group practice as well as with hospitals, rehab and nursing facilities. Be part of our vision to transform care and improve lives by building trust, understanding and shared decision-making with every patient. Join us and discover the meaning behind Caring. Connecting. Growing together. Position in this function is under the general direction of the Associate Director, Healthcare Economics Optum Massachusetts, the Financial Consultant, Healthcare Economics Optum Massachusetts coordinates and oversees the more complex/critical financial analyses projects and studies, in areas such as budgets, financial plans, utilization, statistical reports, cash flow projections, revenue, and business forecasts for Optum Massachusetts. Exercises considerable latitude in approach and analyses. Interprets the results and provides alternatives for further consideration. Develops and implements new techniques for financial analyses as needed. Uses professional concepts and company policies to solve a wide range of difficult problems in imaginative or creative ways. Serves as a consultant to staff members and managers in a range of departments and locations. May function as a lead financial analyst, providing advice, training, and oversight to lower-level analysts. You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. Primary Responsibilities: Analyzes and audits financial, budgetary, revenue and/or medical claims information to determine present and future financial performance and to ensure necessary compliance with policies, procedures, and regulations Develops, maintains, and analyzes monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year. Works closely with the business leadership to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies Monitors and performs on-going analysis for the development and management of programs, initiatives or budgets in major areas or categories, provides support through forecasting, statistical analyses, trending, regression analyses, risk assessment, utilization assessment and creates financial model development. Identifies key issues and trends and submits reports or makes presentations to management explaining problems and making recommendations for changes Automates and produces concise, well-formatted reports that communicate a clear, compelling message for business leaders. Analyzes, summarizes, and prepares recommendations regarding financial plans, budget planning and operating forecasts Develops budgets, financial planning tools, pro forma models and other materials needed to fulfill corporate financial requirements. Develops analytical methods and presentation formats for interpreting data to assist managers in decision-making (i.e., return on investment analyses, rate of return assessment, capital outlay analyses, facilities reinvestment proposals and contract negotiations) Partners with Optum Massachusetts Budget team to ensure consistency and alignment to targets, reporting metrics and variance bridges Supports business case analysis on key strategic growth and cost initiatives Develops and conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action. Identifies areas for review and conducts analyses. Analyses may be focused on a single or multiple location, clinical or nonclinical operations or single or multiple cost/revenue/budget items. Frequently reviews and analyzes information submitted by others, providing feedback and recommendations as needed May serve as project leader for financial projects ensuring the integrity, accuracy and consistency of financial information, reports and/or databases. Defines the issues and scopes of assigned projects. Determines approach and methodology. Prepares and presents interpretation of findings. May participate in the development of consequent financial strategies or tactics Serves as consultant and liaison to staff members in a variety of departments and locations. Provides interpretation of financial policies, governmental legislation, accounting theory, or financial regulations Recommends cost saving or profit generating opportunities and profitability improvement strategies. Provides support and direction on financial issues and/or problems affecting performance and projections Ensures all necessary data is captured electronically. Monitors and audits the data flow. Identifies and resolves data gaps With the approval of the Executive Director, may serve as liaison with outside organizations Performs other duties as assigned SUPERVISORY RESPONSIBILITIES May play lead role with lower level or less experienced analysts You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in. Required Qualifications: Bachelor’s degree 4+ years of experience in financial, accounting or data analyses Proven background in financial modeling and forecasting Proven excellent analytical and quantitative skills including statistical analyses Proven detail oriented with strong technical writing, communication, and presentation skills Demonstrated project management skills Proven solid computer skills, including Microsoft Excel and SQL, and experience in computer modeling Preferred Qualifications: Accounting or finance (or equivalent education, training or experience) Experience in healthcare OTHER REQUIREMENTS Able to use all electronic tools and applications relevant to the performance of the duties of the position, including but not limited to phone, keyboard, computer, and computer applications Performs all job functions in compliance with applicable federal, state, local and company policies and procedures Accesses only the minimum necessary protected health information (PHI) for the performance of job duties Actively protects the confidentiality and privacy of all protected health information they access in all its forms (written, verbal, and electronic, etc.) taking reasonable precautions to prohibit unauthorized access. Complies with all Optum MA and departmental privacy policies, procedures, and protocols. Follows HIPAA privacy guidelines without deviation when handling protected health information WORKING CONDITIONS / PHYSICAL DEMANDS Busy office environment with frequent deadlines and interruptions. *All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you’ll find a far-reaching choice of benefits and incentives. The salary for this role will range from $72,800 - $130,000 annually based on full-time employment. We comply with all minimum wage laws as applicable. Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants. At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission. UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

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Responsibilities

Coordinates complex financial analyses, budgets, and business forecasts to improve profitability and cost efficiencies for Optum Massachusetts. Serves as a consultant to management by developing financial models and presenting recommendations for strategic growth initiatives.