Financial Analytics Manager

Job ID
23051
Type
Regular Full-Time
Location
US-WA-Seattle
Category
Accounting and Finance

Overview

Fred Hutchinson Cancer Center is an independent, nonprofit, unified adult cancer care and research center that is clinically integrated with UW Medicine, a world leader in clinical care, research and learning. The first National Cancer Institute-designated cancer center in the Pacific Northwest, Fred Hutch’s global leadership in bone marrow transplantation, HIV/AIDS prevention, immunotherapy, and COVID-19 vaccines has confirmed our reputation as one of the world’s leading cancer, infectious disease and biomedical research centers. Based in Seattle, Fred Hutch operates eight clinical care sites that provide medical oncology, infusion, radiation, proton therapy, and related services, and network affiliations with hospitals in five states. Together, our fully integrated research and clinical care teams seek to discover new cures for the world’s deadliest diseases and make life beyond cancer a reality.

 

At Fred Hutch, we believe that the innovation, collaboration, and rigor that result from diversity and inclusion are critical to our mission of eliminating cancer and related diseases. We seek employees who bring different and innovative ways of seeing the world and solving problems. Fred Hutch is in pursuit of becoming an antiracist organization. We are committed to ensuring that all candidates hired share our commitment to diversity, antiracism, and inclusion.

 

We are looking for a collaborative and analytic leader to join our team. The primary purpose of this role is to guide the financial decision making of the organization to ensure the near-term and long-term profitability of the SCCA through payer and revenue cycle analytics. Develops and manages the structure of encounter revenue analytics including payment analytics, revenue cycle analytics and margin performance. Creates meaningful and actionable reporting formats for organizational use and performs and communicates results of financial analysis to support decision making and improve financial performance. The position will directly supervise 4 analysts and reports to the Associate Director of Business Economics.

Responsibilities

Management/Leadership:

  • Mentors and manages team of financial and business analysts.
  • Collaborates with other members of the Corporate Finance management team to create a positive, respectful and team-learning environment.
  • Develops partnerships across the organization to help ensure strong financial performance.

Payment, Revenue Cycle and Financial Reporting:

  • Develops and manages the structure for payer analytics. Performs and communicates results of financial analysis to support decisions related to government and commercial payment.
  • Manages the financial analytic aspect of payer strategy and negotiations for both rates and language in partnership with Contracting leadership. Develops alternate language and rate methodologies/structures to achieve SCCA financial objectives.
  • Develops and maintains analytical framework and tools to communicate trends in payer market share and financial performance. Partners with Contracting and Revenue Cycle leadership to ensure payer trends and reports are actionable.
  • Develops and analyzes payment models in support of value-based purchasing strategies. Partners with leadership and clinicians across the organization to assess and manage payment risks.
  • Develops the structure for financial impact analysis on proposed and actual changes to payment methodologies, eligibility, billing rules and related issues.
  • Scans the healthcare and business environments to anticipate and understand healthcare industry and payment trends. Translates trends into quantifiable impacts to the SCCA.
  • Interprets changes in government policy that have healthcare payment implications. Conducts analysis to understand impacts to the SCCA. Educates leadership on expected changes.
  • Oversee development and maintenance of systems and reports in partnership with revenue cycle and patient accounting leadership to ensure that payments are in accordance with contract terms.
  • Performs analytics and develops standard reports to provide insight on key drivers of financial performance of key business lines including service lines, community sites and payers.

Qualifications

Required:

 

  • Bachelor's degree
  • Minimum five years' experience in healthcare analytics and a minimum of one year experience in a leadership role, with or without direct reports.
  • Progressively more responsibility in finance and experience with payment analysis
  • Healthcare experience
  • Communicates effectively verbally and in writing with staff, leadership, clinicians.
  • Understanding of the present and future of the healthcare industry, including payment methodologies and cost trends.
  • Ability to translate payer strategy/industry dynamics into complex financial analysis and interpretations with high degree of accuracy.
  • Ability to research, analyze and interpret complex data and formulate recommendations.
  • Ability to identify and resolve or explain inconsistencies in financial analysis and data.
  • Strong Excel skills, proficient with Tableau and SQL.
  • Ability to work independently, manage multiple projects and meet deadlines.
  • Prepares presentations and correspondence to senior management.
  • Prioritizes projects and bring projects to completion.
  • Develops and monitors timelines.
  • Experience with Excel and SQL required.

 

Preferred:

 

  • Experience with EPIC Clarity Datawarehouse, Tableau and @Risk software
  • Finance, accounting, economics or business degree
  • CPA/MBA

 

SCCA has a mandatory COVID-19 vaccination policy, and there are no exceptions for any employee who is patient-facing and/or requires access to SCCA facilities.

Exceptions exist only for employees whose positions are fully remote, with no required access to campus. As a condition of employment, newly hired employees requiring access to campus must provide proof of vaccination before their first day of employment.

 

A statement describing your commitment and contributions toward greater diversity, equity, inclusion, and antiracism in your career or that will be made through your work at Fred Hutch is requested of all finalists. 

 

Our Commitment to Diversity

We are proud to be an Equal Employment Opportunity (EEO) and Vietnam Era Veterans Readjustment Assistance Act (VEVRAA) Employer. We are committed to cultivating a workplace in which diverse perspectives and experiences are welcomed and respected. We do not discriminate on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability (physical or mental), marital or veteran status, genetic information, sexual orientation, gender identity, political ideology, or membership in any other legally protected class. We are an Affirmative Action employer. We encourage individuals with diverse backgrounds to apply and desire priority referrals of protected veterans. If due to a disability you need assistance/and or a reasonable accommodation during the application or recruiting process, please send a request to our Employee Services Center at hrops@fredhutch.org or by calling 206-667-4700.

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