Decision Supt. Sr Fin. Analyst / Finance Decision Support
Clinical Laboratory Partners
Work where every moment mattersEvery day over Hartford HealthCare colleagues come to work with one thing in common Pride in what we do knowing every moment matters here We invite you to become part of Connecticutrsquos most comprehensive healthcare networkThe creation of the HHC System Support Office recognizes the work of a large and growing group of employees whose responsibilities are continually evolving so that we and our departments now work on behalf of the system as a whole rather than a single member organizationWith the creation of our new umbrella organization we now have ourownidentity with a unique payroll benefits performance management system service recognition programs and other common practices across the systemDepartment DescriptionThe Decision Support Department an analytics area at HHC is located in the HHC System Support Office in Newington The department maintains the EPSi Decision Support System for building analyzing and reporting of cost and profitability data for patient services System wide dashboards are built with customer input to provide visual analytics for important business metrics such as cost profit growth and length of stayPosition SummaryDevelops maintains and improves the cost accounting structure within the decision support system to enable accurate costing of patient charge codes for multiple entities across the system Develops revenue models to estimate net revenues by payor for patients and produces and analyzes profit and loss information Educates clinical managers on cost accounting theory so they can provide necessary information to build costs for patient services Develops reports and provides analyses of business and financial operations to leaders across HHCPosition ResponsibilitiesModifies cost accounting structure within decision software to reflect changes in hospital payroll general ledger and business operations and improve accuracy of unit costsProcesses financial cost accounting database audits financial database including reconciliation with patient database develops and maintains financial tools and tables in costs accounting system undertakes fiscal year conversion activitiesLoads and audits patient database files including processing of rejects Determines solutions to data issues as neededImplements cost module for system facilities Assists with implementation of patient module as neededEducates hospital clinical managers on standards building theory and expense reclassification logistics to enable the development and maintenance of Relative Value Units for patient activity codes and associated redirecting of expenses and charge codes as necessaryDevelops net revenue models to estimate net revenue by payor for hospital and professional services patientsDevelops profit and loss statements by service line and analyzes profit and loss information for senior leaders across HHCMaintains develops and enhances thorough understanding of decision support software both cost module and patient module so can troubleshoot issues actively participates in testing of software upgrades and expands and improves the software capabilitiesActs as internal consultant to clinical departments to assist in analysis of costs in their areas development of business proposals and changes in profit and loss for patients and service linesHelps department and service line leaders to understand their financial issues from both a cost and revenue perspective and develops analyses that lead to actionable insightsDevelops audit reports and routines to ensure integrity of cost database As problems are uncovered identifies and implements solutions to improve or fix dataAdheres to PHI standards in access to and distribution of confidential patient informationMaintains thorough understanding of healthcare and hospital terminology and industry trends and best practices for cost accounting and financial analysis of clinical departments and service linesWork where every moment mattersEvery day over Hartford HealthCare colleagues come to work with one thing in common Pride in what we do knowing every moment matters here We invite you to become part of Connecticutrsquos most comprehensive healthcare networkThe creation of the HHC System Support Office recognizes the work of a large and growing group of employees whose responsibilities are continually evolving so that we and our departments now work on behalf of the system as a whole rather than a single member organizationWith the creation of our new umbrella organization we now have ourownidentity with a unique payroll benefits performance management system service recognition programs and other common practices across the systemDepartment DescriptionThe Decision Support Department an analytics area at HHC is located in the HHC System Support Office in Newington The department maintains the EPSi Decision Support System for building analyzing and reporting of cost and profitability data for patient services System wide dashboards are built with customer input to provide visual analytics for important business metrics such as cost profit growth and length of stayPosition SummaryDevelops maintains and improves the cost accounting structure within the decision support system to enable accurate costing of patient charge codes for multiple entities across the system Develops revenue models to estimate net revenues by payor for patients and produces and analyzes profit and loss information Educates clinical managers on cost accounting theory so they can provide necessary information to build costs for patient services Develops reports and provides analyses of business and financial operations to leaders across HHCPosition ResponsibilitiesModifies cost accounting structure within decision software to reflect changes in hospital payroll general ledger and business operations and improve accuracy of unit costsProcesses financial cost accounting database audits financial database including reconciliation with patient database develops and maintains financial tools and tables in costs accounting system undertakes fiscal year conversion activitiesLoads and audits patient database files including processing of rejects Determines solutions to data issues as neededImplements cost module for system facilities Assists with implementation of patient module as neededEducates hospital clinical managers on standards building theory and expense reclassification logistics to enable the development and maintenance of Relative Value Units for patient activity codes and associated redirecting of expenses and charge codes as necessaryDevelops net revenue models to estimate net revenue by payor for hospital and professional services patientsDevelops profit and loss statements by service line and analyzes profit and loss information for senior leaders across HHCMaintains develops and enhances thorough understanding of decision support software both cost module and patient module so can troubleshoot issues actively participates in testing of software upgrades and expands and improves the software capabilitiesActs as internal consultant to clinical departments to assist in analysis of costs in their areas development of business proposals and changes in profit and loss for patients and service linesHelps department and service line leaders to understand their financial issues from both a cost and revenue perspective and develops analyses that lead to actionable insightsDevelops audit reports and routines to ensure integrity of cost database As problems are uncovered identifies and implements solutions to improve or fix dataAdheres to PHI standards in access to and distribution of confidential patient informationMaintains thorough understanding of healthcare and hospital terminology and industry trends and best practices for cost accounting and financial analysis of clinical departments and service linesBachelors Degree required Masters Degree in Business Finance Accounting or Healthcare Admin or related field preferredMinimum years experience in hospital or healthcare setting preferably using a decision support systemExcellent interpersonal skills including written communicationHighly analytical with ability to translate complex information into simpler terms and conceptsAbility to manage multiple tasks and projects simultaneouslyHighly effective time management and organizational skillsMust be committed to high performance and superb customer serviceStrong computer skills and knowledge Highly proficient in Excel and AccessSQL reporting skills is desirableMust be self motivated and self directedTeam player with ability to collaborate with othersHighly visible position working across entire corporation with multiple departmentsMust be able to understand and synthesize very complex informationRequires extensive knowledge of cost accounting as well as revenue modeling in a healthcare settingMust be highly knowledgeable about clinical terms and healthcare information without being a clinicianWe take great care of careersWith locations around the state Hartford HealthCareoffers exciting opportunities for career development and growth Hereyou are part of an organization on the cutting edge ndash helping to bring newtechnologies breakthrough treatments and community education to countless menwomen and children We know that a thriving organization starts withthriving employees we provide a competitive benefits program designed toensure worklife balance Every moment matters And this is yourmomentBachelors Degree required Masters Degree in Business Finance Accounting or Healthcare Admin or related field preferredMinimum years experience in hospital or healthcare setting preferably using a decision support systemExcellent interpersonal skills including written communicationHighly analytical with ability to translate complex information into simpler terms and conceptsAbility to manage multiple tasks and projects simultaneouslyHighly effective time management and organizational skillsMust be committed to high performance and superb customer serviceStrong computer skills and knowledge Highly proficient in Excel and AccessSQL reporting skills is desirableMust be self motivated and self directedTeam player with ability to collaborate with othersHighly visible position working across entire corporation with multiple departmentsMust be able to understand and synthesize very complex informationRequires extensive knowledge of cost accounting as well as revenue modeling in a healthcare settingMust be highly knowledgeable about clinical terms and healthcare information without being a clinicianWe take great care of careersWith locations around the state Hartford HealthCareoffers exciting opportunities for career development and growth Hereyou are part of an organization on the cutting edge ndash helping to bring newtechnologies breakthrough treatments and community education to countless menwomen and children We know that a thriving organization starts withthriving employees we provide a competitive benefits program designed toensure worklife balance Every moment matters And this is yourmoment
Confirm your E-mail: Send Email
All Jobs from Clinical Laboratory Partners