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Mass General Brigham

Early-stage life science venture investor

Lead Finance Operations Analyst

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeSomerville, MA, USA

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Healthcare Policy/Management, Healthcare Administration, or a related field is required.
  • At least 5 years of healthcare financial analysis, budgeting, or financial management experience is required.
  • Experience in managed care or hospital reimbursement, including working with payers and complex reimbursement methodologies such as transplant pricing and modeling, drug pricing and trends, creating analytic standards, writing standardized analytic plans and workflows, and using advanced SQL and Access.
  • At least 3 years of experience using Alteryx for advanced data analytics and the Microsoft Office suite, particularly Excel, Word, and PowerPoint.
  • At least 2 years of experience leading projects that influence organizational strategy and decision-making, and training, mentoring, and developing staff members.
  • A skills assessment may be required, focused on advanced SQL and Access, including accessing a data source, and a separate case study assessment may measure subject matter and content knowledge.
  • A stable, secure, HIPAA-compliant workstation is required.

Responsibilities

  • Serve as team lead, optimizing data and analytic processes to improve timeliness and quality in support of payer contract negotiation, implementation, management, reimbursement, and evaluation of health policy, healthcare payment, and market issues.
  • Serve as a subject matter expert in healthcare contract finance by independently leading complex financial analyses, reporting, and strategic initiatives; identify risks, opportunities, and process improvements and provide timely, data-driven recommendations supporting executive decisions and business objectives.
  • Manage multiple priorities with minimal oversight, anticipate stakeholder needs, resolve issues, drive cross-functional alignment, and implement sustainable solutions to improve operational efficiency and organizational performance.
  • Identify issues requiring leadership decisions and organize research and analyses to develop options and recommendations for the department and key decision-makers.
  • Develop presentation materials explaining issue context, facts, analyses, and options for corporate business leaders and provider-organization leaders; facilitate discussions at meetings and committees.
  • Evaluate hospital and physician reimbursement, including fee schedule and payment policy changes, acute hospital pricing strategy, alternative payment arrangements such as risk, quality, and bundled payments, and the impact of Medicare changes on commercial insurer rates.
  • Participate in negotiations with third-party payers concerning hospital and physician reimbursement, as needed.
  • Develop and review contract language with Contracting and Office of General Counsel colleagues, and lead timely valuation of complex negotiation proposals.
  • Maintain constructive, professional relationships with third-party payers to represent the organization effectively.
  • Oversee implementation of contract provisions in collaboration with hospitals, physician organizations, revenue cycle, and revenue finance and budget colleagues.
  • Respond to colleagues' and constituents' questions about contract reimbursement and related issues, and manage ad hoc requests in a timely manner.
  • Review junior staff members' analytic output before manager review.
  • Work with the Manager to staff Contract Finance work according to analysts' capacity, skills, and interests, and develop, monitor, and adjust workplans.
  • Mentor and oversee analytic staff's professional development and contribute to employee engagement efforts.
  • Participate in and facilitate department staff and related committee meetings.
  • Train and advise junior staff on SQL, Alteryx, Tableau, complex value-based care modeling and valuations, and create reusable analytic resources for the team.
  • Conduct data analytics, including database querying, data validation and interpretation, complex financial modeling and scenario building; provide business insights for forecasting models and build contract terms into workflows to model reimbursement rates.

Desired Qualifications

  • A master's degree in a related field is preferred.

About the Company

Mass General Brigham

Early-stage life science venture investor

Mass General Brigham Ventures funds early-stage life science ideas arising from Mass General Brigham’s research network. It provides first access to deal flow and proprietary rights, backing the formation and growth of new companies and technologies. It uses capital and support to help translate bold innovations into drugs and medical technologies that improve patient outcomes worldwide.

Company size
1-10
Company stage
Not listed
Total funding
$1.9B
Headquarters
Cambridge, MA
Founded
2008

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