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The Financial Analyst 3 is responsible for financial and other market analytics that support provider contract negotiations and network development activities through analyses, routine, and ad hoc reporting of external provider financial and other critical information, including spend and utilization data, and makes recommendations regarding implementation of various reimbursement models, rate strategies, and contract terms. Stays current on industry trends and regulations affecting provider reimbursement, claims payment and modeling systems capabilities, and provider reimbursement methodologies such as changes to Medicare, Medicaid, State or Federal reimbursement mandates and Pay 4 Performance models. Provides complex financial support to various internal stakeholders including Provider Contracting leadership and staff, VP’s and other senior leaders, including CFO’s for both Northwest Permanente (NWP) and Kaiser Foundation Health Plan (KFHP) in contracting and network development initiatives, and in identification and summarization of market dynamics and cost trend initiatives both affecting Kaiser Permanente’s contracted medical expenditure and potential cost savings opportunities.
Join Our Medical Group
Northwest Permanente is a self-governed, physician-led, multi-specialty group of 1,500 physicians, surgeons, and clinicians, caring for 630,000 members in Oregon and Southwest Washington. Kaiser Permanente is one of the nation's preeminent health care systems, a benchmark for comprehensive, integrated, value-based, and high-quality care.
Major Responsibilities / Essential Functions
Reimbursement Methodologies
Configuration and Validation
Dashboards, Scorecards and Performance Reporting
Project Management
Other
Minimum Education
Minimum Work Experience
Additional Requirements
Preferred Education
Preferred Work Experience and Qualifications
Equal Opportunity Employer
At Northwest Permanente, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Northwest Permanente believes that equity, inclusion, and diversity among our employees are critical to our success, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
Part Time
08/03/2022
12/09/2022
nwpermanente.com
Portland, OR
200 - 500
The following is the career advancement route for Financial Analyst 3 positions, which can be used as a reference in future career path planning. As a Financial Analyst 3, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst 3. You can explore the career advancement for a Financial Analyst 3 below and select your interested title to get hiring information.
If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Financial Analyst job description and responsibilities
Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.
02/23/2022: Mcallen, TX
Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.
02/10/2022: Newark, NJ
Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.
12/27/2021: Dallas, TX
They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.
12/11/2021: Manchester, NH
Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.
01/12/2022: Laramie, WY
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Financial Analyst jobs
To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.
12/07/2021: Baltimore, MD
Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.
03/03/2022: Omaha, NE
To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.
12/27/2021: Youngstown, OH
Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.
12/11/2021: Burlington, VT
With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.
03/06/2022: Burlington, VT
Step 3: View the best colleges and universities for Financial Analyst.