Financial Analyst 2
Franciscan Missionaries of Our Lady Health System · Baton Rouge, LA, United States
About The Role
The Financial Analyst 2 - HLN will support Health Leaders Network by recognizing, tracking, analyzing, and reporting income across value-based care arrangements, shared savings programs, payer contracts, and other revenue streams. This role will produce recurring financial reports, year-end statements, variance analyses, and actionable insights that help leadership monitor financial performance, strengthen revenue integrity, and identify opportunities for sustainable revenue growth.
Revenue Tracking, Recognition, and Integrity (30%)
- Track, reconcile, and analyze HLN income from payer contracts, shared savings distributions, quality incentive payments, care coordination payments, and other value-based revenue sources.
- Support revenue recognition processes by maintaining accurate documentation, validating revenue assumptions, and ensuring income is recorded in alignment with organizational policies and applicable accounting standards.
- Identify revenue-generating opportunities, including contract optimization, incentive capture, leakage reduction, workflow improvement, and enhanced documentation or reporting practices.
Financial Reporting and Analysis (30%)
- Prepare monthly, quarterly, and annual financial reports, including budget-to-actual analyses, revenue trend reports, and contract performance summaries.
- Develop end-of-year financial statements and supporting schedules for HLN leadership, network participants, finance teams, auditors, and other internal stakeholders.
- Monitor performance against financial targets, benchmarks, attribution models, and payer contract terms to identify variances, risks, and improvement opportunities.
- Analyze claims, utilization, care management, quality, and financial data to assess the financial impact of HLN initiatives and value-based care programs.
Planning, Forecasting, and Decision Support (25%)
- Create and maintain financial models, forecasts, and scenario analyses to support strategic planning and decision-making.
- Assist with annual budgeting, forecasting, and financial planning activities related to HLN operations and value-based care performance.
- Translate complex financial data into clear summaries, presentations, and recommendations for executive, operational, and clinical audiences.
Collaboration, Controls, and Stakeholder Support (15%)
- Partner with external payors and internal finance, data, population health, revenue cycle, contracting, operations, and clinical teams to improve the accuracy, timeliness, and usefulness of financial information.
- Support audit requests, compliance reviews, and internal control activities by preparing reconciliations, workpapers, and supporting documentation.
- Experience: 3 years in financial analysis, accounting, healthcare finance, revenue cycle, managed care, payer contracting, or a related analytical role.
- Education: Bachelor's Degree in Finance, Accounting, Business Administration, Healthcare Administration, Economics, or a related field.
- Experience supporting an Accountable Care Organization, clinically integrated network, population health program, managed care organization, health system, or physician enterprise.
- Knowledge of value-based care models, including shared savings, downside risk, capitation, quality incentives, attribution, benchmark performance, and total cost of care.
- Experience with healthcare claims, payer remittance data, contract performance reporting, or revenue cycle analytics.
- Familiarity with accounting standards, internal controls, audit support, and month-end or year-end close processes.
- Experience with financial, clinical, or reporting systems.
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