Healthcare Transformation Senior Consultant

Alvarez & Marsal; Tampa (FL); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid time off

Job summary

Alvarez & Marsal (A&M) is a global consulting firm delivering results for healthcare executives, boards and investors. The Healthcare Industry Group leads transformational change and collaborates across a broad range of providers and supporting services companies.

As a Senior Consultant in Healthcare, you will guide data-driven analyses, build KPI metrics and deliver practical recommendations to improve financial and operational performance.

Qualifications

• A minimum of six (6) years of prior work experience in healthcare, consulting or healthcare industry such as revenue cycle, hospital, accounting, audit, private equity, or healthcare operations with a healthcare focus.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.
• Prior experience with revenue cycle in a hospital or larger health system.
• Experience with healthcare revenue cycle issues and solutions for improvement related to increasing collections, reducing DSOs, increasing efficiencies and detailed knowledge of government and third party payors.
• Experience working with Revenue Cycle systems, operations, regulations, and understanding of RCM KPIs and industry best practices.
• Demonstrates deep expertise in at least one RCM functional area (e.g., Financial Clearance, Payment Integrity, Coding, Billing, Collections, etc.). Experience with workflow redesign and system implementation is preferred.
• Ability to conduct operational data analysis and synthesize information to develop reports, KPI metrics and drive narrative development.
• Advanced Microsoft Excel, PowerPoint, and Word skills are required; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data are preferred.
• Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel. Has had exposure to effective management of client sponsors at VP / SVP level. Solid project management and organizational skills with prior experience independently managing multiple RCM functional areas.
• Ability to coach, supervise, and mentor junior staff.
• Ability to independently use sound judgment and elevate project issues to project managers or engagement leaders.
• Willingness and ability to travel as required.

Responsibilities

• Assessing current performance of healthcare client operations by conducting interviews, observations, document review, data-driven insights, and process mapping.
• Lead financial and operational analyses for healthcare engagements, including advanced financial modeling (e.g., 13‑week cash flow forecasts, pro forma and three‑statement models) and performance assessments.
• Performing data collection & analyses to develop KPI metrics and drive narrative development to support project deliverables and presentation content.
• Effectively synthesizing, drawing conclusions, and creating recommendations from both qualitative and quantitative data sets.
• Designing and implementing leading practice workflows, addressing deficits in quality, and driving operational and financial outcomes across different levels of healthcare organizations. Helping to build product and service offering tools and templates.
• Leading various work streams within a project, including managing day-to-day engagement priorities and timelines with guidance from senior leaders.
• Clearly articulating and executing next steps and managing day-to-day engagement priorities. Working with senior leaders to develop transition and hand-off plans ensuring that improvements are sustainable.
• Independently develop and manage work plans and workstreams within a project, understanding interdependencies, milestones, and deadlines to ensure on‑time, zero‑defect delivery.
• Build trusted, consultative relationships with clients by developing a deep understanding of their processes, financial position, and operational performance drivers.
• Contribute to business development efforts, including proposal development, pitch materials, and identifying opportunities to expand engagement scope.
• Coaching and mentoring junior staff both formally within a project lifecycle and informally.
• Revenue cycle projects may include, but are not limited to: due diligences, performance assessments, enterprise performance improvement, full-scale implementations, and interim management for a broad range of healthcare providers and supporting services companies.
• Working as a partner to our clients by building consultative relationships you will develop an in-depth understanding of the client’s processes, financial positions, and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details.
• We are seeking someone to join our team with an entrepreneurial and collaborative mindset who will manage ambiguity and thrive in a fast-paced environment. As a Senior Consultant you will have the opportunity to demonstrate your leadership, integrity and objectivity when interacting with clients at all corporate levels.
• We are not your typical consulting firm. We are entrepreneurial, action oriented and results driven professionals who take a hands-on approach to solving our clients’ problems and helping them drive value and growth.

Skills

Analytical thinking

Leadership

Communication

Mentoring

Project management

Travel willingness

Education

BA/BS or MBA/MS in Accounting/Finance or related healthcare fields (MHA/MPH)

Tools

Excel

PowerPoint

Word

Tableau

SQL

Power BI

Job description

Alvarez & Marsal (A&M) is a global consulting firm delivering results for healthcare executives, boards and investors. The Healthcare Industry Group leads transformational change and collaborates across a broad range of providers and supporting services companies.

As a Senior Consultant in Healthcare, you will guide data-driven analyses, build KPI metrics and deliver practical recommendations to improve financial and operational performance.