The Financial Analyst is responsible for performing high level research and analysis for decision-making purposes to assist Benefis Health System Leadership in achieving the overall goals, values, and strategic endeavors of the System. The Financial Analyst also supports the development of monthly BHS revenue reserves and the annual net revenue budget.
DUTIES AND RESPONSIBILITIES:
Assists with the performance of analysis including, but not limited to, cost analysis, utilization analysis, service line analysis, payor mix analysis, statistical analysis, financial analysis, feasibility analysis and productivity analysis.
Collects and validates data from the multiple systems used and ensures the integrity and accuracy of the data/analysis being provided.
Prepares information, provides analysis, and assists with the creation of presentations for BHS leaders and various organizational committees.
Assists in the definition and collection of monthly departmental volume statistics, as well as the distribution of monthly System performance metrics.
Assists with the maintenance of the Meditech cost accounting system. Understands and is able to explain the internal functions of the system.
Creates accurate and useful reports through the Meditech cost accounting and decision support tools.
Analyzes financial, clinical and operational data to identify and quantify variances and opportunities.
Prepares specified care line reporting and assists with the preparation of related analysis and commentary.
Supports assigned operational leaders in their understanding and completion of the annual operating budget.
Assists the Senior Financial Analyst with provider compensation and other duties as required.
Assists finance leadership with a variety of projects, initiatives, and responsibilities as required.
Effectively prioritizes and balances multiple tasks and activities, thus ensuring that assignments are completed on time.
Is flexible, organized and functions well under stressful situations. Maintains good working relationships within the finance departments and with all other Benefis Health System departments.
Consistently demonstrates initiative and a professional, self-directed approach to department responsibilities and an ability to meet deadlines.
Stays current on developments in healthcare and healthcare regulations through professional development, involvement in professional organizations, and attendance at professional meetings, conferences or workshops.
Demonstrates the ability to deal with pressure to meet deadlines, to be accurate, and to handle constantly changing situations.
Demonstrates the ability to successfully work with a variety of people, deal with stressful situations, and skillfully handle conflict.
Adheres to dress code.
Completes annual educational requirements.
Maintains regulatory requirements.
Wears identification while on duty.
Maintains confidentiality at all times.
Attends department staff meetings as required within the department.
Reports to work on time and as scheduled; completes work in designated time.
Represents the organization in a positive and professional manner.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Coordinates efforts in meeting regulatory compliance, federal, state and local regulations and standards
Communicates and complies with the Benefis Health System Mission, Vision and Values as well as the focus statement of the department.
Complies with Benefis Health System Organization Policies and Procedures.
Complies with Health and Safety Standards and Guidelines.
Bachelor's Degree in Accounting, Business, Finance or related field.
Minimum of 3 years of business & financial analysis, planning & project management experience
Master's Degree with emphasis in Business, Finance or Healthcare preferred
As a not-for-profit community health system, Benefis is driven to provide the highest level of care. We serve nearly 230,000 residents across a 15-county region that is bigger than Connecticut, Massachusetts, New Hampshire and Vermont combined. Benefis is the largest non-governmental employer in the Great Falls area, with more than 3,000 employees. Benefis has 530 licensed beds (that includes 146 beds in long-term care, 71 in assisted living and 20 beds at Peace Hospice of Montana) and partners with over 250 area physicians.
Our hospital has been recognized for its exceptional work in quality care by providing a wide range of programs and services to help you live the best life possible. We’re here to help you “Live well.”
Benefis Health System came about when two Christian-based hospitals became one. Our founders believed in providing good care to all in need, and trusted that this would be accomplished. The Benefis name was derived using Latin root words: "Bene-" meaning good, and "fis-" for faith and trust. It’s these same root words that make up such terms as ‘be...neficial’ and ‘confidence'. Benefis has been a trusted provider of care for more than 125 years. And our name speaks to our commitment: good care one can put faith in.
Benefis is consistently ranked among America’s top hospitals by the nation’s leading healthcare ratings organizations for a range of services, including cancer care, joint replacement, stroke treatment, wound care and home health.
To learn more about our services, continue looking through our website at WWW.BENEFIS.ORG or call 406.455.5000.