LBMC Staffing Solutions, LLC

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Financial Analyst-12165-2

Location : Brentwood, TN
Job Type : Direct
Hours : Full Time
Required Years of Experience : 2+
Required Education : Bachelor's Degree in Finance or Accounting
Travel : No
Relocation : No
Job Industry : Healthcare - Health Services
Job Category : Accounting/Finance

Job Description :

The Financial Analyst is responsible for preparing analysis and financial models for existing and new business as well as preparing reports related to existing accounts receivable and third party billing.



• Provide all financial support for contract renegotiations and repricing for any assigned hospitals on an as needed basis including:

• Providing financial history (where available that includes contribution margin, procedure counts, equipment listings, sales analysis and staffing estimates.

• Complete “first pass” of the financial projection model based on historical information.

• Work with key negotiator to develop pricing strategy and forecasts financial outcomes based on pricing and cost assumptions.

• Work with key negotiator and contract administrator to ensure contract reflects pricing strategy.

• Perform monthly operational reviews with key negotiators to identify the key drivers of variances in financials as compared to budget

• Recommend and suggest improvements in pricing, staffing, use of materials, etc that would drive company-wide financial improvement.

• Provide financial analysis support for senior leaders.

• Compile business reviews to Operations for presentation to hospital leadership.

• Perform ad hoc corporate statistical and financial analysis as required by management.

• Perform financial analysis and financial projections for new business opportunities.

• Prepare trend analysis on cash collections and procedure counts from third party billing (TPB).

• Prepare supporting documentation and analysis 

• Perform analysis related to hospital contract provisions, such as cash collections or revenue guarantees, and four month look-back provisions for rebilling hospitals.

• Assist in compilation of third party accruals based on knowledge of contracts with both facilities and payers.

• Assist with preparation of the annual budget that meets the organization’s financial targets.

• Lives the  Values – Integrity, Respect, Teamwork, Sense of Urgency, Continuous Improvement, & Accountability


Required Qualifications :

  • 2+ years financial analysis experience

  • Strong Excel skills

  • Degree in Finance or Accounting

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