Business Analyst

Reporting to the Director, Procedural Business Services, the Business Analyst contributes to the management and understanding of the $120M+ budget and expenses within Perioperative Services. Work relates directly to the specific needs and strategic goals of the clinical leaders as aligned with the mission of the department and the hospital.

This individual brings attention to detail and ingenuity to various tasks including financial modeling, financial impact analysis, expense and revenue forecasting, and ad hoc reports. The financial analyst will manage existing reporting vehicles and create new ones as necessary to communicate key metrics and concepts to a variety of audience members.

Perioperative Services is a constantly growing and evolving collaborative department and this individual may be called upon to lend expertise to other ongoing work both within the department and the hospital. The work done at MGH often informs larger initiatives at Mass General Brigham (formerly Partners Healthcare) and member institutions. New ideas and approaches are encouraged and welcomed in all aspects of work.

Duties and Responsibilities:

Monthly Financial Reporting

• Using analytical thinking and advanced reporting tools, describe trends and activity related to the operational expense budget.
• Prepare a monthly summary of budget variances and performance to be reported to executive leadership
• Prepare a monthly operating budget review and present to Perioperative leadership
• Contribute to the Procedural Services financial reporting package and attend meetings as necessary
• Create and manage reporting tools to proactively manage and communicate known expenses and budget variances with perioperative community

Annual Capital and Operating Budget

• Participate in the creation of the capital budget and the operating budget each year

OR Cost Awareness

• Patriciate in the OR Cost Awareness effort with new approaches and projects aimed at increasing awareness of cost drivers in the Operating Room and reduction of variation in surgical costs.

Value Analysis Process

• Contribute to the process by which new products are requested to be used in the OR environment.
• Interact with Nursing, Surgeons, vendor representatives and other stakeholders to create a full value analysis report on assigned requests.
• Attend weekly meetings with OR Materials Management, Sterile Processing Department, Biomedical Engineering, Supply Chain Management, OR Nursing and Perioperative Services Administration to advance requests through the system towards approval or denial.
• As necessary, attend and present work at monthly executive group meeting to review high impact requests.

Additional Duties and Functions:

• Researches all data issues with appropriate representatives from other departments and affiliates.
• Accommodate the varying needs of the department on as needed basis.
• Develops customized reports to address specific questions raised, summarizing findings in report or presentation format.

Must possess a college degree (Bachelors) with 2-4 years’ experience in a business setting, healthcare experience preferable, but not necessary. Exposure to large complex businesses preferred.

Knowledge of Financial analysis preferred

Ability to work independently, prioritizing multiple tasks

Ability to read, analyze and interpret financial and operation data

Ability to define problems, collect data, establish facts and draw valid conclusions

Ability to effectively present information and respond to questions from management

Strong working knowledge of database (Access, SQL Server), financial (Excel) and data visualization (Tableau) software a must

Ability to manage multiple projects concurrently

Strong interpersonal skills

Massachusetts General Hospital is an Equal Opportunity Employer. By embracing diverse skills, perspectives and ideas, we choose to lead. Applications from protected veterans and individuals with disabilities are strongly encouraged.