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Finance Program Director

HealthPartners
Sep 23, 2024

HealthPartners is hiring a Finance Program Director for Value-Based Care. The Finance Program Director leads the financial analysis, financial modeling, and strategic financial planning for value-based care programs across the organization. This role focuses on driving financial success through rigorous data analysis, forecasting, and alignment of financial strategies with value-based care objectives.

MINIMUM QUALIFICATIONS:



  • Education, Experience or Equivalent Combination:

    • 5+ years of related professional experience, with 3+ years of management experience.

  • Licensure/ Registration/ Certification:


  • Knowledge, Skills, and Abilities:

    • Expertise with financial modeling.
    • Business and financial acumen, and interpersonal skills to effectively work within a complex organization to influence change.
    • Deep financial analysis and data modeling expertise.
    • Strong financial background
    • Strong creative thinking, problem-solving, and critical thinking skills.
    • Ability to work independently and to make sound business decisions.
    • Broad knowledge of the healthcare industry, including regulatory requirements and financial risk arrangements with providers.
    • Proficiency in data analytics tools and software (e.g., SQL, Tableau, Excel).

  • Bachelor's degree or equivalent work experience


PREFERRED QUALIFICATIONS:



  • Expertise with value-based program financial modeling.
  • Strong financial background with a deep understanding of provider reimbursement methodologies for professional, facility, and ancillary services, including DRG and CPT-based payment methodologies.
  • Education, Experience or Equivalent Combination:
  • Master's degree in business, finance, mathematics, economics, healthcare administration or related field.


ESSENTIAL DUTIES:



  • (20%) - Responsible for the development and continuous oversight of enterprise financial models and dashboards using benchmarks and productivity measures specific to value-based programs.
  • (20%) - Forecasts provider performance in value-based programs, utilizing predictive analytics and other advanced modeling techniques.
  • (20%) - Leads all financial strategy efforts to support the value-based care program, ensuring alignment with organizational goals and regulatory requirements.
  • (20%) - Establishes and monitors budget targets within the parameters established by the corporation; identifies opportunities for improvement and assists leaders with action plans as they relate to the Value-Based Care Program.
  • (10%) Fosters open communication and collaboration with cross-functional leaders and teams in a matrixed organization to help ensure value-based care initiatives are achieved
  • (10%) - Prepares and presents financial results for leaders, providing insights and recommendations for continuous improvement.


*Job description rankings/percentages are intended to reflect normal averages over an extended period of time and are subject to daily variances. Quality and efficiency standards should at no time be compromised to meet the average expectations expressed above. Job descriptions are subject to change to accommodate organization or department needs.

ORGANIZATIONAL EXPECTATIONS:

Values

All colleagues are expected to live our values:

Excellence: We strive for the best results and always look for ways to improve.

Compassion: We care and show empathy and respect for each person.

Partnership: We are strongest when we work together and with those we serve.

Integrity: We are open and honest, and we keep our commitments.

Additional Expectations:



  • Complies with safety instructions, observe safe work practices, provides input on safety issues, and promotes a safe work environment.
  • Maintains regular and timely attendance.
  • Protects confidentiality.
  • Demonstrates participation in and support of the organization's Corporate Integrity Program by participating in compliance-related education and training and complying with the organization's policies and procedures.
  • Timely completion of all mandatory education and organizational requirements (i.e., licensure/certification, Employee Health and Wellness requirements, annual training, etc.)


LEADERSHIP RESPONSIBILITY:

Role will start with indirect reports (Sr. and Prin Financial level analysts). Position will play a significant role in leading the build (and oversight) of value-based care financial model/program for the system and the subsequent coordination/communication of both financial and care delivery leaders to achieve success.

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