Thisposition provides business planning and analytical support for Administration and theLeadership atMyMichigan Health. As the Strategic Planning and Business Development Analyst, you support strategicplanning, business development andanalytics aspart ofa dynamic team and will interface with executive leaders and various leadership teams across the health system to assist them in developing strategic plans and priorities for their respective areas of responsibility.
Responsibilities:(25%)*Principal responsibilities involvesupporting corporate strategic planning function, service lines,andbusiness development; developing useful and timely analysis and providing direct input to leaders to assist in identifying and evaluating areas of opportunity and prioritization.
(20%)*Produce quarterly market share reports and analyze the market share data for new businessopportunities. Use market share data to produce annual demand projections for thethree-yearfinancialforecast. Collaborate with leaders across the organization to ensure they understand and apply the information and directly assist in developing plans and priorities.
(20%)*Accountableforaccuracy ofmarket,environmental, andcompetitivedata, analysis ofmarkettrendsand assisting appropriate service line leaders and/or Vice Presidents with identification and exploration ofbusiness development/growth opportunities orcountermeasuresto competitivethreats.Thisincludesspecial report requests and responsibility of data and tools currently available such as MHA Data Koala,SG2HealthCare Intelligence,EPIC, etc.
(15%)* Produce value analysis to assist executive leadership in evaluating partnership and merger/acquisition opportunities
(10%)*Responsible for Certificate of Need (CON) filings in conjunction with the StrategicPlanning Specialist; lead process for developing financial projections for CON filings.
(10%)*Create and deliver effective presentations ensuring data translatesto information;utilizing trend and statisticalanalysis when appropriate.
OTHER DUTIES AND RESPONSIBILITIES:
Periodic assistance to service line leaders in the development and ongoing maintenance of their Business Plans.
Work collaboratively with service line leaders and teams providing financial data, ensuring data accuracy, and assisting with analysis to reach conclusions and formulate action plans.
Provide demographic and market trend data for the Community Health Needs Assessment and proactively assist in recommending and providing other data that may be pertinent in planning for community needs and benefits in the future.
Actively participate in service line teams.
Working in collaboration with the teams to analyze financial reports and business plans and assist the teams in reaching conclusions and in formulating action plans.
Support the development of a MidMichigan Health Physician and Advanced Practice Provider manpower plan on an annual basis.
Work in collaboration with service line leaders and finance department to drill down to the financial detail requiredfor explaining variances, ensuring data accuracy & integrity, and maximizing appropriate reimbursement.
MidMichigan Health is a technology driven organization and employees need to demonstrate competency in Microsoft® Windows.
Employees are required to take a Computer Skills Assessment via the learning management system upon hire.
Based on the results of the assessment, an employee may be required to participate in further learning opportunities offered by MidMichigan Health.
Required Education:
Education: BACH
Equivalent Experience: Bachelors Degree, Accounting or Finance, Business related field required; or Bachelors degree in another field along with 3-5 years relevant business experience. Experience with financial system, integrated financial decision support system with clinical components, strongly preferred.
Education Specialization:
Essential: true
Other Information:
EXPERIENCE,TRAINING ANDSKILLS:
Threetofiveyears’experiencein Health Care finance oroperationspreferred.
Minimumof twoyears of experienceanalyzing,interpreting, reporting, and communicating data.
Musthave strong interpersonal skills andability to interacteffectivelywithemployees from all levels within the organization.
Musthave the ability tocommunicate ideasand concepts in aclear and understandable mannerto bothindividualsand groups.
Mustpossess stronganalyticalandcritical thinkingskills.
Strong data analytical skillsrequired tosupportmultiple departmentsutilizing various databases.Mustpossesseffective writtenandverbal presentation skills.
Abilitytohandlemultipletasksanddeadlines.
Familiaritywithstatisticalsoftwareanddecision supportsystemsrequired.Mandatory tuberculosis(TB)testingmustbedoneas required.
MandatoryOccupationalSafetyandHealthAdministration(OSHA) trainingmustbecompleted annuallyaccording totheExposure Control Plan.
PHYSICAL/MENTALREQUIREMENTSANDTYPICAL WORKINGCONDITIONS:
Exposuretostressfulsituations, including thoseinvolvingpubliccontact,as wellas,trauma,griefanddeath.
Ableto wear personalprotectiveequipment that includeslatex materials or appropriate substitute ifrequiredforyour position.
Isable tomovefreely about facilitywith or without an assisteddevice andmust be ableto perform thefunctionsof the job as outlinedin the job description.
Overallvision and hearingis necessarywith orwithoutassisteddevice(s).
Frequentlyrequired tosit/stand/walkfor longperiodsof time. Mayrequirefrequent postural changessuchas stooping,kneeling or crouching.
Someexposure to bloodborne pathogensand other potentiallyinfectious material.MustfollowMidMichiganHealth bloodbornepathogenand TBtesting as required.
Abilityto handlemultipletasks,getalong with others, work independently, regularand predictableattendance andability tostayawake.
Overall dexterityis required includinghandling, reaching, grasping,fingeringand feeling.Mayrequirerepetitionof thesemovements on aregulartofrequent basis.
PhysicalDemand Level:Sedentary.Must beable to occasionally (0-33%of the workday)liftor carry 0-10lbs.
Equivalent Experience and Other Comments (Education):Education: BACH
Equivalent Experience: Bachelors Degree, Accounting or Finance, Business related field required; or Bachelors degree in another field along with 3-5 years relevant business experience. Experience with financial system, integrated financial decision support system with clinical components, strongly preferred.
Education Specialization:
Essential: true
Education: MASTER
Equivalent Experience: preferred
Education Specialization:
Essential: false