Senior Analyst, Business Development

• Job Type: Officer of Administration
• Regular/Temporary: Regular
• Hours Per Week: 35
• Salary Range: $95,000 - $100,000

Position Summary

The Senior Analyst supports a broad range of initiatives that strengthen clinical integration, enhance patient access, promote clinical growth, and increase market competitiveness.

The role provides high-level analytical support to the Director of Clinical Business Development to help advance both the financial and operational goals of the organization.

This is a hybrid schedule position, which offers two days working onsite and three days remote weekly.

Responsibilities

Finance and Operations

• Prepare and review financial reports of practices, including Profit & Loss statements and billing analysis.
• Conduct financial and operational assessments of existing practices to identify opportunities for improved efficiency and sustainability.
• Assist in the implementation of approved recommendations derived from practice evaluations to enhance performance and proficiency.
• Design and direct the preparation of ad hoc reports to analyze specific operational and/or financial concerns.
• Create and maintain practice monitoring scorecards and other reporting tools to effectively summarize and track key performance indicators.
• Provide technical and analytical expertise to improve efficiency within the organization's reporting and analysis tools.
• Coordinate with billing and clinical operations to ensure accuracy and integrity of reported data.

Business Development

• Develop fair market value (FMV) assessments and draft proposals for physician lease and service agreements.
• Assist in the preparation and review of business plans for new clinical faculty recruitment and clinical program expansion.
• Monitor and report on actual performance versus business plan targets, identifying variances and areas for improvement.
• Support the creation of executive-level presentations outlining business plans, key findings, and recommendations for internal and external stakeholders.

People

• At the request of the Director of Clinical Business Development, represent at department meetings and act as a liaison with external partners (accounting firms, billing companies, vendors, etc.)
• Partner with internal stakeholders to co-design tools and solutions to enhance business development support services and decision-making.

Managed Care

• Evaluate payer reimbursement levels to assist the Director of Clinical Business Development in developing business plans
• Analyze reimbursement rates, payer mix, and insurance trends to inform strategic planning and contract negotiations.
• Provide data-driven insights that support the development of payer-specific business plans and financial models.

Compliance

• Ensure that all business plans, financial models, and physician agreements align with institutional policies and federal regulations.
• Document FMV analyses and maintains justification for all agreements.
• Uphold confidentiality and data protection standards in compliance with HIPAA and institutional policies.
• Collaborate with Legal, Compliance, and Contracting teams to review high-risk agreements.
• Support audits and reviews related to business development activities.

 Other

• Stay informed of regulatory and industry developments that may influence business planning or operational practices.
• Performs other duties and responsibilities as assigned by the Director.

Minimum Qualifications

• Bachelor's degree in finance, economics, public health or equivalent combination of education and experience.
• Minimum 3 years of related experience in Finance, Economics, or related fields.
• Advanced proficiency in Microsoft Excel, Including VBA and financial modeling.
• Strong analytical, critical thinking and problem-solving skills.
• Exceptional written and verbal communication skills. Demonstrated ability to work autonomously, while effectively managing competing priorities and consistently meeting deadlines.

Preferred Qualifications

• Experience in healthcare finance or clinical business operations.
• Master’s Degree (MBA, MHA, or similar) preferred

Equal Opportunity Employer / Disability / Veteran

Columbia University is committed to the hiring of qualified local residents.