Business Analyst - Workforce Solutions
MedAssets, Inc. - Plano, TX

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Job Purpose:
Under general supervision, retrieves, reviews, processes and analyzes demographic, clinical, and supply cost data from clients according to consultants’ and business management’s specifications. Participates in the analysis and interpretation of data including but not limited to identifying cost and clinical opportunities, preparing statistical and other reports, and drafting presentations.

Position Objectives:
Provide timely, accurate and professional support necessary for consultants and Strategic Sourcing Specialists to meet customer needs.

Provide proposals to improve Business Analyst related responsibilities.

Maintain standardized deliverables, specifically adhering to implementation of new branding efforts and refreshing external business metrics (e.g., supplier financials, etc.) contained in the deliverables

Essential Duties & Responsibilities:
Consulting Projects

Obtains, reviews, processes and analyzes client demand and supply utilization data.

Prepare, and perform initial review of preliminary reports using client demand and supply utilization data, making recommendations to consultant as appropriate.

Apply consultant updates to the preliminary analysis

Identify costs, per consultant/service line needs, by supply category and cost of high-volume, “workhorse” items/systems for comparison.

Help with preparation of client presentations, including graphs based on results of supply utilization analysis and demographic, clinical and supply cost data.

Analyze information obtained in completed RFP’s, presenting feedback and analysis in a concise, informative format to consultants.

Help with generating final reports for participating clients to identify and track actual cost savings.

Process and track spend and utilization data as necessary.

Maintain accountability to the consultants for the timeliness and quality of client data analysis and reports.

Sourcing Projects

Responsible for working on financial modeling, pricing analysis, contract development and supplier selection for hospital customers

Conduct regional labor market research to develop understanding of overall market dynamics including vendor identification, market economics (labor market rates), staff availability, and supplemental staffing practices and preferences

Other WFS Analytical Functions

Generate ad hoc reports per WFM management’s request

Internal Responsibilities:
Adheres to all company policies and procedures including, but not limited to those identified within the Standards of Business Conduct and the Employee Handbook, as may be amended from time to time. Adheres to all applicable laws and regulations and the company's governance/compliance program.

Responsible for reporting violations of the company's policies and procedures, Standards of Business Conduct, governance program, laws and regulations through the company's Help Line or other mechanism that may be available at the time of the violation. Assists with internal control failure remediation efforts.

Becomes knowledgeable of internal control responsibilities through training and instruction. Responsible and accountable for internal control performance within their area of responsibility. Participates in the internal controls self-assessment process.

Ensures concerns with internal control design or performance and process changes that impact internal control execution are communicated to management.

Minimum Qualifications & Competencies:
Sourcing Projects

  • Responsible for working on financial modeling, pricing analysis, contract development and supplier selection for hospital customers
  • Conduct regional labor market research to develop understanding of overall market dynamics including vendor identification, market economics (labor market rates), staff availability, and supplemental staffing practices and preferences
Other WFS Analytical Functions

  • Generate ad hoc reports per WFM management’s request
Minimum Qualifications & Competencies:
  • BA/BS in related field and 0-4 years experience directly related to the duties and responsibilities specified;
  • Solid knowledge of all MS Office Products, advanced knowledge of Excel, Access and PowerPoint required;
  • Demonstrates strong analytical and problem-solving skills and is detail-oriented.
  • Able to communicate professionally, effectively and courteously, both orally and in writing.
  • Demonstrated ability to work in a team environment that requires quick turnaround and quality output.
Job/Functional Knowledge

Understands duties and responsibilities, has necessary functional and technical knowledge for task completion, keeps job knowledge current, applies knowledge and skills that lead to success in the job.

Effectively applies background & experience to current role

Demonstrates a comprehensive knowledge of particular field

Keeps informed of latest trends, developments, and best and current practices in particular field

Customer Focus

Builds customer confidence, is committed to increasing customer satisfaction, sets achievable customer expectations, assumes responsibility for solving customer problems, ensures commitments to customers are met, solicits opinions and ideas from customers. This competency applies to both external and internal customers.

Uses first-hand customer feedback for improvements in products and services

Establishes and maintains effective relationships with customers and gains their trust and respect

Exceptionally responsive to customer needs and requests

Culture Fit

Demonstrates integrity and ethics in day-to-day tasks and decision making, adheres to MedAssets’ core values of compassion, commitment, character, and confidence, operates effectively in the MedAssets environment and the environment of the work group, maintains a focus on self development and seeks out continuous feedback and learning opportunities.

Sincerely passionate for and committed to the mission of MedAssets

Exhibits integrity in all actions and communication

Works well autonomously, while acting as a team-player

Demonstrates a vested interest in self-development

Interpersonal Skills

Communicates well both verbally and in writing, has good listening skills, builds strong relationships, is flexible/open-minded, negotiates effectively, solicits performance feedback and handles constructive criticism.

Able to take complicated or complex information and present it in a clear, concise, and logical manner

Presents with an approachable style and makes the effort to put others at ease

Uses diplomacy and tact in dealing with others

Relates well to all types of people up, down, and across the organization

Task Management

Prioritizes well, manages time effectively, shows energy and a sense of urgency, reacts to opportunities, instills urgency in others, meets deadlines.

Values time and uses it effectively

Applies the appropriate amount of focus to complete tasks accurately and on time

Arranges information and files in a useful manner

Problem Solving/Analysis

Breaks down problems into smaller components, understands underlying issues, can simplify and process complex issues, understands the difference between critical details and unimportant facts.

Probes all potential sources for answers

Uses logic and methods to solve difficult problems with effective solutions

Searches until appropriate solutions are found and implemented

Adaptability/Flexibility

Adapts to change, is open to new ideas, takes on new responsibilities, handles pressure, adjusts plans to meet changing needs.

Demonstrates comfort with uncertainty and takes necessary risk when outcomes are unknown

Adapts personal work style to achieve team objectives

Drives change by energizing and motivating others

Decision Making/Judgment

Recognizes problems and responds, systematically gathers information, sorts through complex issues, seeks input from others, addresses root cause of issues, makes timely decisions, can make difficult decisions, uses consensus when possible, communicates decisions to others.

Makes good decisions based upon a mixture of analysis, wisdom, experience, and judgment

Provides solutions and suggestions that turn out to be correct and accurate when judged over time

Makes astute decisions and takes timely action to address situations and capitalize on opportunities that arise

Travel: Opportunity totravel may exist but is generally not expected.

Physical Demands:
The physical demands and work environment characteristics described here are representative of those that an employee must meet to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands: While performing the duties of this job, the employee is occasionally required to move around the work area; sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear. The employee must occasionally lift and/or move up to 15 pounds.

Mental Demands: the employee must be able to follow directions, to get along with others , and handle stress;

Work environment: The noise level in the work environment is usually minimal.

MedAssets is an Equal Opportunity Employer and ensures its employment decisions comply with principles embodied in Title VII, the Age Discrimination in Employment Act, the Rehabilitation Act of 1973, the Vietnam Veterans Readjustment Assistance Act of 1974, Executive Order 11246, Revised Order Number 4, and applicable state regulations.

Required Skills

Required Experience

MedAssets, Inc. - 23 months ago - save job
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About this company
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MedAssets is at the center of improving the quality and effectiveness of the healthcare industry. From establishing best practice value for...