Business Forecasting Analyst

Posted 11 Days Ago
15212, Pittsburgh, PA
Mid level
Healthtech
The Role
The Business Forecasting Analyst analyzes financial results, trends, and performance metrics, prepares business plans, and evaluates physician compensation while managing multiple projects and providing insights to leadership.
Summary Generated by Built In

Company :Allegheny Health NetworkJob Description : 

GENERAL OVERVIEW:

Acts as a consultant to service line leadership. Analyzes financial results, trends and performance metrics, prepares business plans including periodic plan tracking, and evaluates physician compensation. Acts as a mentor to peers within department. Communicates effectively with management, steering committees, project sponsors, and technical experts.

ESSENTIAL RESPONSIBILITIES:

  • Handles multiple loosely-defined projects simultaneously from problem statement stage to resolution. (20%)
  • Analyzes physician incentive compensation to ensure accuracy of contractual payments. Assists with new compensation modeling. (20%)
  • Reviews due diligence and creates business plans for potential practice acquisitions, physician recruitments and new programs. (20%)
  • Performs ad-hoc analyses of specific plans or initiatives to track performance to projected results. (20%)
  • Facilitates monthly operational review meetings between financial and operational leadership, including ownership of documents, engagement in meeting, and making financial recommendations for improvements. (10%)
  • Analyzes results, provides insight and recommendations to operational and financial leadership. (10%)
  • Performs other duties as assigned or required.

QUALIFICATIONS:
Minimum

  • Bachelor's degree in Finance, Accounting, or Business or relevant experience and/or education as determined by the company in lieu of bachelor's degree
  • 3-5 years’ experience working with spreadsheet, presentation and other data management tools

Preferred

  • Master's degree
  • 1-3 years’ experience with physician practices1-3 years’ experience with physician practices

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times.  In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. 
Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below.

For accommodation requests, please contact HR Services Online at [email protected]

California Consumer Privacy Act Employees, Contractors, and Applicants Notice

Top Skills

Data Management Tools
Presentation Tools
Spreadsheets
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The Company
HQ: Pittsburgh, PA
17,989 Employees
On-site Workplace
Year Founded: 1977

What We Do

Highmark Health, a Pittsburgh, PA based enterprise that employs more than 40,000 people who serve millions of Americans across the country, is the second largest integrated health care delivery and financing network in the nation based on revenue. Highmark Health is the parent company of Highmark Inc., Allegheny Health Network, and HM Health Solutions. Highmark Inc. and its subsidiaries and affiliates provide health insurance to nearly 5 million members in Pennsylvania, West Virginia and Delaware as well as dental insurance, vision care and related health products through a national network of diversified businesses that include United Concordia Companies, HM Insurance Group, and Visionworks. Allegheny Health Network is the parent company of an integrated delivery network that includes eight hospitals, more than 2,800 affiliated physicians, ambulatory surgery centers, an employed physician organization, home and community-based health services, a research institute, a group purchasing organization, and health and wellness pavilions in western Pennsylvania. HM Health Solutions focuses on meeting the information technology platform and other business needs of the Highmark Health enterprise as well as unaffiliated health insurance plans by providing proven business processes, expert knowledge and integrated cloud-based platforms.

A national blended health organization, Highmark Health and our leading businesses support millions of customers with products, services and solutions closely aligned to our mission of creating remarkable health experiences, freeing people to be their best.

Headquartered in Pittsburgh, we're regionally focused in Pennsylvania, Delaware, West Virginia and New York, with customers in all 50 states and the District of Columbia.

We passionately serve individual consumers and fellow businesses alike. Our companies cover a diversified spectrum of essential health-related needs, including health insurance, health care delivery, population health management, dental solutions, reinsurance solutions, and innovative technology solutions.

We’re also proud to carry forth an important legacy of compassionate care and philanthropy that began more than 170 years ago. This tradition of giving back, reinvesting and ensuring that our communities remain strong and healthy is deeply embedded in our culture, informing our decisions every day.

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