Financial Analyst

Passionate, driven people dedicated to making a difference in healthcare.

Specialty Care is a leading provider of clinical services to hospitals. We partner with hospitals to drive, sustain, and accelerate high performance. We offer a portfolio of solutions that include neuromonitoring, perfusion, surgical assist, autotransfusion, minimally invasive surgical support, and sterile processing. Specialty Care’s clinicians focus their efforts to improve operational efficiencies, improve outcomes, and maintain exceptional levels of satisfaction. We compete on results.

Specialty Care is expanding our FP&A team and we have a fantastic opportunity for a Financial Analyst to join our talented group of financial professionals! You will work directly with operational leadership on strategies to improve profitability of markets, improve staffing efficiencies, and identify cost reduction opportunities as well as provide monthly analysis of performance to budgetary targets and prior year.

This is a hybrid opportunity at our corporate office in Brentwood, TN! We are open to staff or senior level candidates with 3-5 years of experience. Healthcare is a plus!

• Provide all financial support for contract renegotiations and repricing for any assigned hospitals on an as needed basis including 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 forecast financial outcomes based on pricing and cost assumptions.
• Work with key negotiator and contract administrator to ensure contract reflects Specialty Care’s 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 for TPB related hospital contracts.
• Perform analysis related to TPB 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.
• Live the Specialty Care Values – Integrity, Teamwork, Care & Improvement.
• Other duties as assigned.

• Bachelor’s degree in a related field.

• One (1) to two (2) years of related experience.
• Equivalent combination of education and experience.

• Intermediate to advanced ability to operate Excel.
• Ability to operate People Soft, preferred.
• Ability to perform work accurately and thoroughly.
• Ability to use thinking and reasoning to solve a problem.
• Ability to communicate effectively with others using spoken word.
• Ability to communicate in writing clearly and concisely.
• Ability to think in terms of abstract ideas.
• Ability to deal with others in an antagonistic situation.
• Ability to take care of the customers’ needs while following company procedures.
• Ability to make critical decisions while following company procedures.
• Ability to pay attention to the minute details of a project or task.
• Ability to understand and explain economic and accounting information, prepare and manage budgets, and make sound long-term investment decisions.
• Ability to make decisions or take actions to solve a problem or reach a goal.
• Ability to look beyond the standard solutions.
• Ability to get along well with a variety of personalities and individuals.
• The…