Strategic Finance Manager (Remote)

Stanford Health Care

1d•$63 - $83•Remote

About The Position

The Strategic Finance Manager is responsible for providing tactical solutions to support the strategic direction of Stanford Health Care through complex analytic efforts, findings, and pricing of services. This role is responsible for creating, scoping, planning, and prioritizing informatics projects, including the development and implementation of pro-ration models to arrive at expected net revenue. The Manager works with hospitals to establish and meet their analytic needs. This position also works with the Vice President and Senior Directors of Managed Care to explore, research, and validate various models for healthcare delivery funding, utilizing extensive predictive modeling techniques to forecast trends, patterns of care, expected cost, and population risk.

Requirements

Bachelor’s Degree in Finance, Statistics, Mathematics, Economics, Healthcare Administration, or a related quantitative field required.
10+ years of experience in healthcare data analysis and financial modeling.
At least 5–7 years specifically within Managed Care (either on the Provider or Payer side) required.
Exceptional analytical, problem solving and critical thinking skills
Strong service orientation and consulting skills
Proven ability to work collaboratively with all levels of management
Ability to lead mission-critical, high visibility projects
Proven ability to juggle multiple complex priorities within a rapidly changing environment
Highly developed communications skills (both written and verbal)
Knowledge of managed care required
Knowledge of health care coding including CPT-4, HCPCS, ICD-9, DRG and Revenue Codes required

Responsibilities

In collaboration with the VP and Directors of Managed Contracting, develops contracting strategies based on sound analytical insights and in-depth understanding of market dynamics.
Leads analytical and decision support functions for Managed Care Department including professional and hospital payer agreements.
Participates in tactical discussions and planning as well as external negotiations to optimize financial and strategic outcomes of contractual agreements.
Evaluates financial risks and operational feasibility of proposed new healthcare delivery and funding models such as ACO, Bundled Payment, Modified Capitation, Performance Based Reimbursement, and Employer-specific Agreement.
Provides analytical insights and actionable recommendations to senior leadership by distilling complicated models and information into intelligible analyses and presentations.
Directs the selection and implementation of specialized healthcare analytics software and process enhancements designed to streamline modeling efforts, ensuring the team leverages modern automation to support complex strategic pricing and negotiation efforts.
Collaborates with other departments and teams in support of Stanford Healthcare’s strategic objectives.
Treats all information and data within the scope of the position with appropriate confidentiality and security.
Follows all policies developed by the Information Systems Department to support change management, confidentiality, and security.
Respects the dignity, confidentiality and privacy of patients.
Maintains organizational, employee, and patient confidentiality at all times.
Cooperates fully in all risk management activities and investigations.
Reports promptly any suspected or potential violations to laws, regulations, procedures, policies and practices, and cooperates in related investigation.
Conducts all transactions in compliance with all company policies, procedures, standards and practices.
Demonstrates knowledge of all applicable compliance and legal requirements of the job based on the scope of practice of the position.