What are the responsibilities and job description for the Financial Operations Analyst position at University Clinical Health?
Who We Are
As the only independent and physician-led faculty practice plan of the University of Tennessee Health Science Center, University Clinical Health (UCH) offers best-in-class clinical care through a network of 175 providers across 19 specialties to meet the healthcare needs of the Mid-South community. UCH is a not-for-profit, non-tax-supported group practice and is here to serve the community while providing medical excellence to our patients.
Position Summary
The Financial/Operations Analyst assists in identifying opportunities to increase revenue, reduce operating expenses and improve profitability in the organization. The analyst will work closely with the administration to evaluate and strategize business planning and opportunities based on financial and operational analyses.
The Financial Analyst provides divisional analysis and
support
and the development of business plans, workflow analyses, and operating metrics for each division. In addition, it is responsible for report writing, analysis, and maintenance for physician compensation modeling and incentive compensation calculations.
Key Results Areas (KRAs)
Support all levels of decision-makers and other stakeholders with financial information requests and financial modelling
Obtain a thorough understanding of clinical department operations by providing financial insight into process improvement projects and through recurring interaction with operational teams
Assist with budgeting, forecasting, and other financial reporting processes and review Departmental budget variances in monthly MOR meetings
Analyze complex financial information/reports for performance, trends, and variances
Consolidate data from EPIC platform, UCHs BI tools, other financial systems, and third-party data sources (MGMA, AAMC, etc) to build models to help clinical, operational and Corporate leaders make data-driven decisions
Monitor and continually improve BI softeware tools, dashboard reporting, and other information tools
Collaborate with the Finance, Accounting, Revenue Services teams and all Operational areas
Model potential business development opportunities
Provide insight and recommendations for cost-saving procedural changes
Assist in preparation of monthly, quarterly and annual physician payouts and other provider compensation changes for payroll processing
Core Competencies
Advanced business acumen that includes financial modeling, financial statement analysis, and project Return on Investment (ROI)
Able to navigate intricate and ambiguous data with an accurate and structured problem-solving approach
Demonstrates a high level of initiative, innovation, and collaboration
Works effectively in teams and autonomously in a fast-paced environment
Flexible and adept at re-prioritizing projects
Strong time management, organizational, and communication skills
Committed to supporting UCH's st
As the only independent and physician-led faculty practice plan of the University of Tennessee Health Science Center, University Clinical Health (UCH) offers best-in-class clinical care through a network of 175 providers across 19 specialties to meet the healthcare needs of the Mid-South community. UCH is a not-for-profit, non-tax-supported group practice and is here to serve the community while providing medical excellence to our patients.
Position Summary
The Financial/Operations Analyst assists in identifying opportunities to increase revenue, reduce operating expenses and improve profitability in the organization. The analyst will work closely with the administration to evaluate and strategize business planning and opportunities based on financial and operational analyses.
The Financial Analyst provides divisional analysis and
support
and the development of business plans, workflow analyses, and operating metrics for each division. In addition, it is responsible for report writing, analysis, and maintenance for physician compensation modeling and incentive compensation calculations.
Key Results Areas (KRAs)
Support all levels of decision-makers and other stakeholders with financial information requests and financial modelling
Obtain a thorough understanding of clinical department operations by providing financial insight into process improvement projects and through recurring interaction with operational teams
Assist with budgeting, forecasting, and other financial reporting processes and review Departmental budget variances in monthly MOR meetings
Analyze complex financial information/reports for performance, trends, and variances
Consolidate data from EPIC platform, UCHs BI tools, other financial systems, and third-party data sources (MGMA, AAMC, etc) to build models to help clinical, operational and Corporate leaders make data-driven decisions
Monitor and continually improve BI softeware tools, dashboard reporting, and other information tools
Collaborate with the Finance, Accounting, Revenue Services teams and all Operational areas
Model potential business development opportunities
Provide insight and recommendations for cost-saving procedural changes
Assist in preparation of monthly, quarterly and annual physician payouts and other provider compensation changes for payroll processing
Core Competencies
Advanced business acumen that includes financial modeling, financial statement analysis, and project Return on Investment (ROI)
Able to navigate intricate and ambiguous data with an accurate and structured problem-solving approach
Demonstrates a high level of initiative, innovation, and collaboration
Works effectively in teams and autonomously in a fast-paced environment
Flexible and adept at re-prioritizing projects
Strong time management, organizational, and communication skills
Committed to supporting UCH's st