Address
Form of work Job Summary
This Financial Analyst will work on the Medical Cost Analysis team. This team uses analytical and investigative skills in support of key business functions including monthly reserve entry and reconciliation, trend management, medical expense review, and financial budgeting and reporting.
Essential Functions
* Performs less complex statistical, cost, and financial analysis of data from various accounting and information systems to prepare financial statements and /or variance analysis.
* Analyzes financial data and extracts, defines, and interprets for the purpose of determining past financial performance and/or to project financial probability.
* Prepares variance analyses and investigates reasons for major variances across large scale categories (i.e., revenue, volume, labor, supplies). Prepares reconciliations of data and or accounts. Performs overall reasonableness tests and other procedures necessary to verify data integrity.
* Collaborates with departments and senior analysts to oversee the detailed planning process, ensuring that the results support the five year plan and the goals and objectives of Spectrum Health. Provides budget reports for management review.
* Assists with the collection data, review of reporting and development of opportunities related to operational benchmarking.
* Prepares financial statements for forecasting, trending, and results analysis.
* Collects and analyzes financial information to determine costs of business activities to project budget adjustments and other cost improvement measures.
* Works collaboratively with Information Services (IS) to research and coordinate the implementation of computer enhancements, such as contract management software.
How Corewell Health cares for you
* Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
* On-demand pay program powered by Payactiv
* Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
* Optional identity theft protection, home and auto insurance, pet insurance
* Traditional and Roth retirement options with service contribution and match savings
Qualifications
Required
* Associate's Degree or equivalent Accounting, Finance, Business Administration, Health Care Administration, or related field
* Skills/knowledge/abilities typically gained through less than two years of experience in finance, accounting, or related work
About Corewell Health
As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.
Primary Location
SITE - Priority Health - 1241 E Beltline - Grand Rapids
Department Name
PH - Medical Cost Analysis
Employment Type
Full time
Shift
Day (United States of America)
Weekly Scheduled Hours
40
Hours of Work
8:00 a.m. to 4:30 p.m.
Days Worked
Monday to Friday
Weekend Frequency
N/A
CURRENT COREWELL HEALTH TEAM MEMBERS - Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.
An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.
