Decision Support Analyst

The actual compensation for this position will be determined based on experience and other factors permitted by law. Responsibilities:

• Conduct data-driven financial analyses to identify cost-saving opportunities and improve financial performance.
• Collect, analyze, and interpret healthcare data from various sources to help improve patient care, identify trends, and make informed decisions regarding operational changes.
• Collaborates with various members of leadership to gather and analyze financial data.
• Design and develop dashboards, reports, and presentations to communicate to Leadership.
• Use statistical and database software to analyze data and prepare reports.
• Identify trends and patterns in healthcare data to support decision-making.
• Assist in creating and implementing healthcare programs.
• Assist in budgeting and financial planning through trend forecasting.
• Monitors and analyzes cost variances and provide actionable insights for cost control.
• Ensures compliance with healthcare financial regulations and standards.
• Maintains and utilize the cost accounting software for cost and financial analysis.
• Provides financial insights and recommendations to support decision-making.
• Uses analytical tools to combine clinical, payroll, and financial information to calculate the complete cost of patient care.
• Collecting cost information and maintain an expenses database.
• Calculate all direct and indirect costs and propose keys to allocate them for each billable product and or service.
• Prepare periodic cost forecasts (monthly, quarterly, and annual).
• Compare budgeted cost to actual costs and report them monthly.
• Report all expenses in a way that proposes cost trimming (Cost control).
• Identify opportunities for improvement at all levels.
• Develop KPIs to measure margin improvements.
• Assist with budgets and budget accountability and monitor spending.
• Estimate product costs for existing and new products.
• Coordinate and prepare cost allocation of hospital overhead.

Decision Support, Analysis Skills, Acute Care, Healthcare, Outpatient Care, Hospital, Healthcare Quality, Financial Analysis, Cost Analysis, Cost Control, Education, Training & Experience: Bachelor’s in accounting, Management Information Systems or related field required.

A minimum of three (3) years relevant experience in cost accounting/analyst required. Experience in cost accounting and analytics within a healthcare setting required. Thorough knowledge of cost accounting models (VBC, ABC, TDBC and CCR) required. Advanced Excel & Data Manipulation Skills required. Strong analytical and problem-solving capabilities and experience presenting data to various groups required., * Ability to organize and establish day-to-day priorities while using critical thinking skills in all aspects of the job.

• Must be able to multitask while remaining professional, focused, composed and positive.
• Excellent customer service skills
• Displays integrity, friendliness, and compassion.
• Must be able to establish an appropriate and effective rapport with others.
• Demonstrates flexibility
• Takes initiative
• Able to work in a fast-paced environment
• Embraces new opportunities to grow both personally and professionally.
• Effective critical thinking and problem-solving skills.
• Proficient with various Microsoft Office products (Word and Excel).
• Strong organizational skills.
• Effective interpersonal skills.
• Ability to take and follow direction in a positive and appropriate manner.
• Ability to work as part of a team and independently.
• Must be able to demonstrate effective and appropriate written and oral communication skills.
• Must be able to speak, read, write and follow instructions in English.