Business Analyst, Finance (Sustain Analytics)

0100 Mass General Brigham Incorporated; Somerville (MA); Remote; USD 64,000 - 93,000; Full time

Job summary

Mass General Brigham is seeking a data-driven professional to advance the Sustain program through rigorous financial analytics and reporting across perioperative and procedural services. You will analyze surgical profitability, optimize clinical supply utilization, improve OR efficiency, and support decision making with executives across the enterprise.

You will partner with operational leaders, leverage tools like Tableau and Excel, and contribute to standardized analytics while aligning with

Qualifications

• Bachelor’s degree required; focus in finance, financial analytics, data analytics, or operations management.
• Experience in healthcare, financial, or business analysis preferred.
• Experience in materials management analytics, clinical supply utilization analytics, surgical capacity, and/or data analytics preferred.

Responsibilities

• Support surgical profitability data analytics informing strategic decisions across perioperative and procedural areas.
• Assess current state surgical profitability for procedures across MGB entities.
• Identify opportunities by analyzing clinical supply utilization and waste.
• Collaborate with perioperative teams to understand financial opportunities while considering quality.
• Develop standardized executive reporting for leadership across perioperative and procedural areas.
• Assist with ad hoc analytics and performance summaries for senior leadership.

Skills

Data querying

Data manipulation

Independent & collaborative

Financial systems

Budgeting & analysis

Tableau

Excel

Interpersonal skills

Communication skills

Leadership collaboration

Time management

Organizational skills

Sustain principles

Education

Bachelor’s degree in finance/analytics/operations

Tools

Tableau

Excel

Job description

Site: Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

Job Summary

Across the healthcare industry nationwide, hospitals and health systems face challenges to today’s approaches to expense management, as revenue growth has not kept pace with expense growth. In response to these unprecedented external challenges, MGB launched Sustain in fall of 2023. Sustain is an ongoing organization-wide program that works to build an infrastructure, culture, and mindset around continuous improvement, working to preserve our four-part mission through focus on resource stewardship. To do this, while also funding needed capital maintenance and improvements to deliver on world-class patient care, research, education, and community health, we must seek out innovative opportunities to optimize the way we work and manage resources across our organization.

Qualifications

Bachelor’s degree required; Academic experience focused in finance, financial analytics, data analytics, and/or operations management 2+ years of healthcare, financial, or business analysis experience required Experience in materials management analytics, clinical supply utilization analytics, surgical capacity, and/or data analytics preferred; relevant internship or co-op experience will be considered Experience working in a health system, hospital and/or similar medical center environment preferred.

Principal Duties and Responsibilities

Surgical Profitability: General Support data analytic needs that inform strategic business decision making on surgical profitability, including surgical cost reduction, clinical supply utilization optimization, OR efficiency, and improved block scheduling, offering direct support for select service lines including Orthopedics and/or Heart and Vascular. Assessing current state surgical profitability for comparable procedures performed in perioperative and procedural areas across the MGB enterprise Identifying potential areas of opportunity through analyzing differences in clinical supply utilization across and within the different entities at MGB, including surgeon and product variation and waste reduction Collaborating with perioperative and procedural teams areas to better understand clinical application and financial opportunity, relative to quality and preference Quantifying financial impact of any recommended changes in practice Assist with financial reporting and analysis by procedure and/or procedure groups to enhance service line growth strategy across the perioperative and procedural areas Utilize industry benchmarks to compare cost, profitability, utilization, and pricing for procedural cases and clinical supplies Support the development of consistent executive level reporting, to be used by clinical and administrative leaders within the perioperative and procedural areas, to measure performance and support best practice across the enterprise Help catalogue current state analytics across various systems, and support the development of standard analytics and reporting in one single system to meet varied stakeholder needs across the enterprise Escalate challenges, discrepancies, roadblocks regarding data and analytics to manager or appropriate data owner Surgical Profitability: Information Systems Management Support external system used for surgical capacity and surgical cost/clinical supply utilization reporting: Support administrative maintenance of system through collaborating with appropriate internal and external teams, escalating data or system issues to leadership, and communicating downtime and system updates to end users Assist in creating deliverables for executive and c-suite level leadership, summarizing performance and related comments from local entities and departments Support ad hoc inquiries and analytics from department leaders Support leadership across Business Planning, Digital, and Perioperative Leadership with routine system maintenance and upgrades Communication Activities Prepare concise, clear, professional summaries of analyses and plans for review by senior team members and Senior Leadership, as appropriate. Present findings to staff and stakeholders, targeting the presentation towards the knowledge level and needs of the audience Provide input to the team on additional analyses and key next steps Assist in developing summary communication materials for executive level and board presentations, as requested. Keep current regarding trends and developments in the health care field, particularly as they pertain to workforce management, analytic and decision support tools, financial trends, evolving technologies and programs, etc. Project Management Support education efforts across the MGB enterprise for perioperative and procedural management information system, including helping develop training resources and materials, and participating in educational road shows with appropriate teams Support ad hoc projects related to business, financial and/or strategic planning for Perioperative and Procedural leadership and Sustain, in collaboration and alignment with the Sustain Management Office (SMO) and Project Management Office (PMO). Other General Sustain: Provide the following analytic and planning evaluations for any initiatives within the supported MGB Sustain Core Teams (including, but not limited to: Workforce/HR and Talent, Clinical Practice and Supply Utilization, Clinical Pharmacy, Non-Clinical Supplies and Purchased Services, Research, Digital, Real Estate, and Enterprise Asset Management): Assess data and analytic needs of an initiative, program, or clinical area for MGB Sustain Provide financial and analytic support to Sustain Core teams in support of impact identification, implemented opportunity measurement, and realization Support communication with the Financial Planning team, as well as local finance/budget teams across MGB entities, regarding financial and operational impact to budget and run rate Collaborate with various individuals from any operational, analytic, planning, or support departments and teams across MGB Provide any other ad hoc Sustain related financial, analytic, or business planning needs requested by MGB Senior Leadership team.

Skills/Abilities/Competencies

Comfortable with querying and manipulating large amounts of data and the ability to ensure data integrity using quality checks at various points in the process. Ability to work independently as well as collaboratively at all levels of complex organization. Working understanding of financial systems and processes. Working knowledge of budgeting and financial analysis. Strong analytic skills and familiarity with analytic tools and resources (Tableau, advanced excel functions) Excellent interpersonal and communication skills. Strong oral and written communication skills (Powerpoint and Outlook), including the ability to communicate analysis details to different individuals and audiences throughout and across the enterprise Ability to work with organizational leadership and with staff across complex multi-entity organization. Excellent organizational skills, including ability to work on multiple projects at once Ability to effectively respond to time sensitive issues and meet deadlines Embodies Sustain operating principles of: system mindset, agile decision making, collaborative behavior, and personal accountability.

Working Model

Remote, Monday - Friday eastern standard business hours. Requires a quiet, secure, HIPAA-compliant working station.

Additional Job Details (if applicable)

• Remote Type
• Remote Work Location 399 Revolution Drive
• Scheduled Weekly Hours 40
• Employee Type Regular Work Shift Day (United States of America)
• Pay Range $63,648.00 - $92,570.40/Annual Grade 6

EEO Statement

0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642.

Mass General Brigham Competency Framework

At Mass General Brigham, our competency framework defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.

Combat disease. Hold a hand. Help people. Impact the world.

Mass General Brigham is a passionate, welcoming community where minds meet caring hearts. Come be a part of the world’s most powerful force in medicine, where every role is important in changing lives. Are you ready? Our history includes New England hospitals founded over 200 years ago, some of the first and most prestigious hospitals in the world. Built on the legacy of two leading academic medical centers, we’re more than a system—we’re leaders in the practice of medicine. Mass General Brigham is committed to serving the community. We are dedicated to enhancing patient care, teaching and research, and taking a leadership role as an integrated health care system. We recognize that increasing value and continuously improving quality are essential to maintaining excellence.