Senior Cost Analyst

RXinsider LTD.; Nashville (TN); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Comprehensive medical, dental, vision

401(k) with employer match

Tuition and education support

Life insurance and disability

Fertility and family building support

Job summary

HealthTrust, a division of HCA Healthcare, seeks a Senior Cost Analyst to perform in-depth analysis of healthcare supply chain spend and identify cost savings opportunities. The role involves integrating data from multiple systems, utilizing BI tools, and communicating analytical insights to clients and internal teams.

You will lead analytics projects, develop training materials, and design innovative tools to improve reporting and visualization, working closely with HealthTrust accounts and

Qualifications

• Bachelor’s degree in Business, Accounting, Statistics, Technology or related field.
• 3-7 years related work experience as a data, business or financial analyst.
• Healthcare supply chain/GPO knowledge preferred.
• Healthcare purchasing or analytics experience preferred.

Responsibilities

• Collaborate with HealthTrust team and members to provide analysis, reports, and presentations.
• Lead complex and/or large-scale analytics projects.
• Develop training materials and provide training for systems, reports, and data output.
• Design new tools to improve analytics processes or data visualization.
• Analyze spend data in collaboration with members and capture reporting needs.
• Prepare executive summaries and customer documentation.
• Define efficiencies in data use and reporting and manage project tasks.

Skills

Data analysis

BI tools

Communication

Education

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

Tools

BI tools

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.

\"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.