Job Opportunities in United States
November 15, 2024
Christiana Care Health Systems
Wilmington
FULL TIME
Financial Analyst - Alternative Payment Models (Hybrid)
Are you looking for a career opportunity working for a healthcare organization that is based on excellence and love?
Christiana Care is one of the country's most dynamic healthcare organizations, centered on improving health outcomes, making high-quality care more accessible, and lowering healthcare costs. Christiana Care includes an extensive network of outpatient services, home health care, urgent care centers, three hospitals (1,299 beds), a free-standing emergency department, a Level I trauma center and a Level III neonatal intensive care unit, a comprehensive stroke center and regional centers of excellence in heart and vascular care, cancer care, and women's health. It also includes the pioneering Gene Editing Institute and was rated by IDG Computerworld as one of the nation's Best Places to Work in IT. Christiana Care is a nonprofit teaching health system with more than 260 residents and fellows. It is continually ranked by U.S. News & World Report as the Best Hospital. With the unique Care Vio data-powered care coordination service and a focus on population health and value-based care, Christiana Care is shaping the future of health care.
Christiana Care Offers
About This Position
We are seeking a highly skilled and detail-oriented Financial Analyst to join our team in evaluating and analyzing Alternative Payment Models (APMs) within the healthcare space. The ideal candidate will have a strong financial background, experience in healthcare finance, and a keen understanding of payment models such as value-based care, bundled payments, and accountable care organizations (ACOs). In this role, you will be responsible for providing financial insights that help optimize cost, quality, and performance under these alternative reimbursement frameworks.
Principal duties and responsibilities:
Education and experience requirements:
Christiana Care is one of the country's most dynamic healthcare organizations, centered on improving health outcomes, making high-quality care more accessible, and lowering healthcare costs. Christiana Care includes an extensive network of outpatient services, home health care, urgent care centers, three hospitals (1,299 beds), a free-standing emergency department, a Level I trauma center and a Level III neonatal intensive care unit, a comprehensive stroke center and regional centers of excellence in heart and vascular care, cancer care, and women's health. It also includes the pioneering Gene Editing Institute and was rated by IDG Computerworld as one of the nation's Best Places to Work in IT. Christiana Care is a nonprofit teaching health system with more than 260 residents and fellows. It is continually ranked by U.S. News & World Report as the Best Hospital. With the unique Care Vio data-powered care coordination service and a focus on population health and value-based care, Christiana Care is shaping the future of health care.
Christiana Care Offers
- Full Medical, Dental, Vision, Life Insurance, etc.
- Two retirement planning offerings, including 403(b) with company contributions
- Generous paid time off with annual roll-over and opportunities to cash out
- 12-week paid parental leave
- Incredible Work/Life benefits including annual membership to care.com, access to backup care services for dependents through Care@Work, retirement planning services, financial coaching, fitness and wellness reimbursement, and great discounts through several vendors for hotels, rental cars, theme parks, shows, sporting events, movie tickets and much more!
About This Position
We are seeking a highly skilled and detail-oriented Financial Analyst to join our team in evaluating and analyzing Alternative Payment Models (APMs) within the healthcare space. The ideal candidate will have a strong financial background, experience in healthcare finance, and a keen understanding of payment models such as value-based care, bundled payments, and accountable care organizations (ACOs). In this role, you will be responsible for providing financial insights that help optimize cost, quality, and performance under these alternative reimbursement frameworks.
Principal duties and responsibilities:
- Develops and maintains funds flow reconciliation for the Christiana Care Clinical Alliance (CCCA)
- Works with accounting, treasury and external partners to ensure accurate and timely payment to the CCCA, and also distributions to external partners
- Support State of Maryland alternative payment model structures
- Conducts profitability studies and develop proformas related to Christiana Care APM and Population Health Initiatives
- Develops financial projections, to meet both Senior Leadership and External Reporting needs
- Evaluates the patient charge structure in relationship to the costs of delivering the services
- Performs healthcare cost analyses to support Total Cost of Care (TCOC) contracts and reconcile alternative payment model reimbursements
- Collaborates with managed care contracting to support the development of direct-to-employer bundled payment agreements
- Assists departmental management with decision support related functions
Education and experience requirements:
- B.S./B.A. in Accounting, Finance, Business Administration, or equivalent
- At least seven years of progressive experience in financial analysis, modeling, and working with complex datasets, preferably in the healthcare setting
- Preparation and analyses of departmental, service and organization financial proformas
- Working knowledge of fee for service reimbursement and value-based reimbursement is preferred
EEO Statement: Christiana Care Health System is an equal opportunity employer, firmly committed to prohibiting discrimination, whose staff is reflective of its community, and considers qualified applicants for open positions without regard to race, color, sex, religion, national origin, sexual orientation, genetic information, gender identity or expression, age, veteran status, disability, pregnancy, citizenship status, or any other characteristic protected under applicable federal, state, or local law.
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