Work where every moment mattersEvery day approximately Hartford HealthCare colleagues come to work with one thing in common Pride in what we do knowing every moment matters here We invite you to become part of Connecticutrsquos most comprehensive healthcare networkThe creation of the HHC System Support Office recognizes the work of a large and growing group of employees whose responsibilities are continually evolving so that we and our departments now work on behalf of the system as a whole rather than a single member organizationWith the creation of our new umbrella organization we now have our own identity with a unique payroll benefits performance management system service recognition programs and other common practices across the systemDepartment DescriptionThe Decision Support Department an analytics area at HHC is located in the HHC System Support Office in Farmington The department maintains the Decision Support System for building analyzing and reporting of cost and profitability data for patient services System wide dashboards are utilized and enhanced with customer input to provide drill down analysis of important operational metrics such as cost profit growth and length of stay Position SummaryDevelops maintains and improves the cost accounting structure within the decision support system to enable accurate costing of patient charge codes for multiple entities across the system Develops revenue models to estimate net revenues by payor for patients and produces and analyzes profit and loss information Educates clinical managers on cost accounting theory so they can provide necessary information to build costs for patient services Develops reports and provides analyses of business and financial operations to leaders across HHCPosition Responsibilities Modifies cost accounting structure within decision support software to reflect changes in hospital payroll general ledger and business operations and improve accuracy of unit costs Processes financial cost accounting database audits financial data including reconciliation with patient data develops and maintains financial tools and tables in costs accounting system undertakes fiscal year conversion activities Loads and audits patient database files including processing of rejects Determines solutions to data issues as needed Implements cost module for system facilities Assists with implementation of patient module as needed Educates hospital clinical managers on standards building theory and expense reclassification logistics to enable the development and maintenance of Relative Value Units for patient activity codes and associated redirecting of expenses and charge codes as necessary Develops net revenue models to estimate net revenue by payor for hospital and professional services patients Develops profit and loss statements by service line and analyzes profit and loss information for senior leaders across HHC Develops thorough understanding of decision support software both cost module and patient module so can troubleshoot issues actively participate in testing of software upgrades and expand and improve the software capabilities Acts as internal consultant to clinical departments and Institutes to assist in analysis of costs in their areas development of business proposals and changes in profit and loss for patients and service lines Helps departments service line leaders Institutes and senior leaders to understand their financial issues from both a cost and revenue perspective and develops analyses that lead to actionable insights Responds to requests for clinical and financial reports from across the organization by building and running reports from the Decision Support system Must be highly responsive to customer needs and be able to prioritize urgent high level requests Develops audit reports and routines to ensure integrity of cost database As problems are uncovered identifies and implements solutions to improve or fix data Adheres to PHI standards in access to and distribution of confidential patient information Maintains thorough understanding of healthcare and hospital terminology and industry trends and best practices for cost accounting and financial analysis of clinical departments and service linesWork where every moment mattersEvery day approximately Hartford HealthCare colleagues come to work with one thing in common Pride in what we do knowing every moment matters here We invite you to become part of Connecticutrsquos most comprehensive healthcare networkThe creation of the HHC System Support Office recognizes the work of a large and growing group of employees whose responsibilities are continually evolving so that we and our departments now work on behalf of the system as a whole rather than a single member organizationWith the creation of our new umbrella organization we now have our own identity with a unique payroll benefits performance management system service recognition programs and other common practices across the systemDepartment DescriptionThe Decision Support Department an analytics area at HHC is located in the HHC System Support Office in Farmington The department maintains the Decision Support System for building analyzing and reporting of cost and profitability data for patient services System wide dashboards are utilized and enhanced with customer input to provide drill down analysis of important operational metrics such as cost profit growth and length of stay Position SummaryDevelops maintains and improves the cost accounting structure within the decision support system to enable accurate costing of patient charge codes for multiple entities across the system Develops revenue models to estimate net revenues by payor for patients and produces and analyzes profit and loss information Educates clinical managers on cost accounting theory so they can provide necessary information to build costs for patient services Develops reports and provides analyses of business and financial operations to leaders across HHCPosition Responsibilities Modifies cost accounting structure within decision support software to reflect changes in hospital payroll general ledger and business operations and improve accuracy of unit costs Processes financial cost accounting database audits financial data including reconciliation with patient data develops and maintains financial tools and tables in costs accounting system undertakes fiscal year conversion activities Loads and audits patient database files including processing of rejects Determines solutions to data issues as needed Implements cost module for system facilities Assists with implementation of patient module as needed Educates hospital clinical managers on standards building theory and expense reclassification logistics to enable the development and maintenance of Relative Value Units for patient activity codes and associated redirecting of expenses and charge codes as necessary Develops net revenue models to estimate net revenue by payor for hospital and professional services patients Develops profit and loss statements by service line and analyzes profit and loss information for senior leaders across HHC Develops thorough understanding of decision support software both cost module and patient module so can troubleshoot issues actively participate in testing of software upgrades and expand and improve the software capabilities Acts as internal consultant to clinical departments and Institutes to assist in analysis of costs in their areas development of business proposals and changes in profit and loss for patients and service lines Helps departments service line leaders Institutes and senior leaders to understand their financial issues from both a cost and revenue perspective and develops analyses that lead to actionable insights Responds to requests for clinical and financial reports from across the organization by building and running reports from the Decision Support system Must be highly responsive to customer needs and be able to prioritize urgent high level requests Develops audit reports and routines to ensure integrity of cost database As problems are uncovered identifies and implements solutions to improve or fix data Adheres to PHI standards in access to and distribution of confidential patient information Maintains thorough understanding of healthcare and hospital terminology and industry trends and best practices for cost accounting and financial analysis of clinical departments and service lineso Bachelorrsquos Degree required Masterrsquos Degree in Business Finance Accounting or Healthcare Admin or related field preferredo Minimum yearsrsquo experience in hospital or healthcare setting preferably using a decision support systemo Excellent interpersonal skills including written communicationo Experience with StrataJazz cost accounting management reporting and long range financial planning modules preferred o Highly analytical with ability to translate complex information into simpler terms and conceptso Ability to manage multiple tasks and projects simultaneouslyo Highly effective time management and organizational skillso Must be committed to high performance and superb customer serviceo Strong computer skills and knowledge Highly proficient in Excel and Accesso Must be self motivated and self directedo Team player with ability to collaborate with otherso Highly visible position working across entire corporation with multiple departmentso Must be able to understand and synthesize very complex informationo Requires extensive knowledge of cost accounting as well as revenue modeling in a healthcare settingo Must be highly knowledgeable about clinical terms and healthcare informationWe take great care of careersWith locations around the state Hartford HealthCare offers exciting opportunities for career development and growth Here you are part of an organization on the cutting edge ndash helping to bring new technologies breakthrough treatments and community education to countless men women and children We know that a thriving organization starts with thriving employees we provide a competitive benefits program designed to ensure worklife balance Every moment matters And this isyour momento Bachelorrsquos Degree required Masterrsquos Degree in Business Finance Accounting or Healthcare Admin or related field preferredo Minimum yearsrsquo experience in hospital or healthcare setting preferably using a decision support systemo Excellent interpersonal skills including written communicationo Experience with StrataJazz cost accounting management reporting and long range financial planning modules preferred o Highly analytical with ability to translate complex information into simpler terms and conceptso Ability to manage multiple tasks and projects simultaneouslyo Highly effective time management and organizational skillso Must be committed to high performance and superb customer serviceo Strong computer skills and knowledge Highly proficient in Excel and Accesso Must be self motivated and self directedo Team player with ability to collaborate with otherso Highly visible position working across entire corporation with multiple departmentso Must be able to understand and synthesize very complex informationo Requires extensive knowledge of cost accounting as well as revenue modeling in a healthcare settingo Must be highly knowledgeable about clinical terms and healthcare informationWe take great care of careersWith locations around the state Hartford HealthCare offers exciting opportunities for career development and growth Here you are part of an organization on the cutting edge ndash helping to bring new technologies breakthrough treatments and community education to countless men women and children We know that a thriving organization starts with thriving employees we provide a competitive benefits program designed to ensure worklife balance Every moment matters And this isyour moment