Value Based Programs Financial Analyst

Exemption Status:

Schedule Details:

Scheduled Hours:

Shift:

Hours:

Cost Center:

This position may have a signing bonus available a member of the Recruitment Team will confirm eligibility during the interview process.

At UMass Memorial Health, everyone is a caregiver - regardless of their title or responsibilities. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health system of Central Massachusetts, and a place where we can help you build the career you deserve. We are more than 16,000 employees, working together as one health system in a relentless pursuit of healing for our patients, community and each other. And everyone, in their own unique way, plays an important part, every day.

Major Responsibilities:

• Assists in preparing financial reports and executive summaries to track the performance of value-based programs.
• Reviews and enhances existing reports, procedures, and systems to optimize reporting processes and ensure accuracy.
• Analyzes total medical expenses (TME), utilization trends, and risk adjustment data to help identify areas for improvement.
• Supports the development of financial projections, financial modeling, gainsharing calculations, and funds flow models under guidance.
• Provides data analysis as needed for various committees.
• Works with Data Scientists and other team members to ensure accurate and timely financial/utilization reporting, leveraging data from EMR systems, claims data, and other sources.
• Provides the data teams with the specifications for new metrics and reporting needs.
• Ensures all work is fully documented and project specifications are created following the analytics team standards.

Position Qualifications:

License/Certification/Education:

Required:

• Bachelor's degree with a major or concentration in Health Care Administration, Math, Data Science, Economics, Finance, Accounting, or related field.

Experience/Skills:

Required:

• Minimum of 2 years of directly relevant work experience in healthcare finance or analysis.
• Excellent analytical skills.
• A working knowledge of computer-aided data analysis (e.g., financial/forecasting/budgeting techniques).
• Advanced Microsoft Excel and PowerPoint skills
• Strong attention to detail, good communication skills, and ability to work collaboratively.
• Ability to manage multiple priorities and meet deadlines.

Preferred:

• Experience with hospital/healthcare delivery systems, financial forecasting, and budgeting.
• Experience working in reimbursement, value-based programs or managed care.
• Experience working with healthcare data, such as EMR and claims data.
• SPSS, Tableau or other visualization software experience.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

We're striving to make respect a part of everything we do at UMass Memorial Health - for our patients, our community and each other. Our six Standards of Respect are: Acknowledge, Listen, Communicate, Be Responsive, Be a Team Player and Be Kind. If you share these Standards of Respect, we hope you will join our team and help us make respect our standard for everyone, every day.

As an equal opportunity and affirmative action employer, UMass Memorial Health recognizes the power of a diverse community and encourages applications from individuals with varied experiences, perspectives and backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, protected veteran status or other status protected by law.

If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talentacquisition@umassmemorial.org. We will make every effort to respond to your request for disability assistance as soon as possible.