Senior Cost Analyst

HealthTrust Performance Group; Nashville (TN); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health benefits

Wellbeing support

401(k) with matching

Education assistance

Dependent scholarships

Job summary

HealthTrust Performance Group, a division of HCA, is seeking a Senior Cost Analyst to perform detailed analyses of healthcare supply chain spend and identify cost savings opportunities. The role emphasizes data-driven insights, contract compliance, price parity, and standardization across multiple data sources.

You will lead large analytics projects, develop training, create innovative visualization tools, and collaborate with HealthTrust teams and members to deliver actionable spend analyses

Qualifications

• 3-7 years related work experience as a data, business or financial analyst.
• Healthcare supply chain or GPO knowledge preferred.
• Experience with large data sets preferred.
• Healthcare purchasing or analytics experience preferred.

Responsibilities

• Analyze healthcare supply chain spend and identify cost savings opportunities.
• Develop, revise and communicate analytical summaries for stakeholders.
• Lead complex analytics projects and create training materials.
• Design tools to improve analytics processes and data visualization.
• Capture and analyze spend data with end-users to meet needs.
• Prepare executive summaries and customer-facing documentation.

Skills

Data analysis

Financial analysis

Business analytics

Healthcare supply chain knowledge

Large data sets

Healthcare purchasing analytics

Medical product knowledge

Education

Bachelor’s degree in Business, Accounting, Statistics, Technology or related field

Tools

Large data analysis

Job description

Do you want to join an organization that invests in you as a Senior Cost Analyst? At HealthTrust, a division of HCA, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.

Job Summary And Qualifications

The Sr. Cost Analyst will perform detailed, comprehensive analysis of healthcare supply chain spend. Develops, revises and effectively communicates analytical summaries to identify cost savings opportunities, contract compliance, price parity issues, standardization and utilization opportunities. The analyst will have the ability to acquire, assimilate and analyze data from multiple systems and data sources utilizing a variety of business intelligence and reporting tools

What you will do in this role:

• Work collaboratively with HealthTrust team and assigned member(s) to provide analysis, summaries, reports and presentations as assigned.
• Lead complex and/or large-scale analytics projects
• Serve as a subject matter expert, develops training materials, and provides training for applicable systems and processes reports, analyses and data output
• Develop and design new and innovative tools to improve analytics processes or visualization and output of data
• Work directly with member to capture and analyze spend data
• Complete analysis and reporting per end-user’s specific needs
• Serve as point of contact for analytics requests and have regular discussions with requestor to ensure results are completed according to needs
• Structure large data sets to find usable information
• Use graphs, infographics, and other methods to visualize data
• Collaborates and communicates with HealthTrust account and embedded resource team to support and track data and key performance indicators for member account plan
• Prepare presentations, executive summaries, and other documentation for customers and HealthTrust team
• Proactively define and implement efficiencies related to the use of data and reports
• Provide document and project management support for meetings as needed
• Maintain team SharePoint Site
• Participate in departmental project activities or other duties as assigned

What qualifications you will need:

• Bachelor’s degree in Business, Accounting, Statistics, Technology or related field. Required. Work experience may be considered in lieu of bachelor’s degree
• 3-7 years related work experience as a data, business or financial analyst - Required
• Medical product knowledge - Preferred
• Experience with large data sets - Preferred
• Healthcare supply chain/GPO knowledge - Preferred
• Healthcare purchasing or analytics experience - Preferred

Benefits

• Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
• Wellbeing support, including free counseling and referral services
• Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
• Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
• Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
• Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts

Learn More About Employee Benefits

Note: Eligibility for benefits may vary by location.

In today's challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

HCA Healthcare has been recognized as one of the Worlds Most Ethical Companies by the Ethisphere Institute more than ten times. In recent years. HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

\"Good people beget good people.\"- Dr. Thomas Frist, Sr.

HCA Healthcare Co-Founder

We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Senior Cost Analyst opening. Qualified candidates will be contacted for interviews.

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.