at SIU Medicine in Springfield, Illinois, United States
Job Description
Description
This individual will be responsible for financial analyses, using existing and newly gathered data to create meaningful reports and presentations to assist senior leadership with decision making for all mission areas of SIU Medicine. Further, this position will assist with developing pro forma business models for new and existing contracts and business lines and assist with contract negotiations by developing rates using appropriate benchmarks and industry standards. This position will be responsible for developing a various models for provider compensation, collection and analysis. The majority of contacts will occur with SIU Medicine data and analyst personnel, department business managers, and faculty; however, occasional meetings with outside consultants may occur.
Examples of Duties
Develop and manage a complex business models.
Work closely with the BI team to suggest and develop reports and dashboards for senior leader.
Develop Pro Forma business models for new and existing business lines and contracts.
Monitoring and reporting of key operational and productivity metrics associated with the incentive compensation plan including, but not limited to, cash collections, relative value units, quality indicators, and patient satisfaction at the physician and department levels.
Accurate appraisal, interpretation, analysis of financial results; development of interpretive reporting (variance analysis).
Conducting financial and planning analyses as assigned by management.
Assisting in areas related to general finance, compensation, managed care rate analysis, and others.
Routinely performing variance and historical analysis.
Analyzing and coordinating the distribution of a variety of financial data and relevant reports in a clear, concise and timely manner for use by management during critical decision making.
Supervision is required for task objectives.
Qualifications
1. Any one or any combination that equals 4 years from the following:
a. work experience in developing financial or economic analysis, research designs, strategic plans, or data models; or
b. credit for college course work comparable to that in a field related to financial analysis/planning such as accounting, business administration, economics, finance, statistics, or a closely related field
(30 semester hours = 1 year; Associate Degree = 18 months; 90 semester hours = 2 years; Bachelor's Degree = 3 years; Master's Degree = 48 months); AND
2. Two (2) years (24 months) of professional level progressively responsible financial work experience, of which one (1) year (12 months) must have included supervisory or functional oversight experience.
Condition of Employment: Pursuant to the State Universities Civil Service System, an out-of-state resident who is hired into this position must establish Illinois residency within 180 calendar days of their start date.
Supplemental Information
If you require assistance, please contact the Office of Human Resources at hrrecruitment@siumed.edu or call 217-545-0223 Monday through Friday, 8:00am-4:30pm.
The mission of Southern Illinois University School of Medicine is to optimize the health of the people of central and southern Illinois through education, patient care, research and service to the community.
The SIU School of Medicine Annual Security Report is available online at https://www.siumed.edu/police-security. This report contains policy statements and crime statistics for Southern Illinois University School of Medicine in Springfield, IL. This report is published in compliance with Federal Law titled the
"Jeanne Clery Disclosure of Campus Security Policy and Crime Statistics Act."
Southern Illinois University School of Medicine is an Affirmative Action/Equal Opportunity employer who provides equal employment and educational opportunities for all qualified persons without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, protected veteran status or marital status in accordance with local, state and federal law.
Pre-employment background screenings required.
Southern Illinois University School of Medicine is an Equal Opportunity Employer.
