Financial Analyst - Spencer Hospital at Abarca Health

Spencer, Iowa, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, HospitalIndustries

Requirements

Bachelor's Degree in Business Administration and/or Accounting
Computer experience required, including advanced/proficient use of Microsoft Excel (advanced formulas, pivot tables, graphs), Word, and Outlook
Ability to use software and vision to use the software in order to problem solve
Experience with new technologies or willingness to learn such as Power BI and Tableau along with other future database systems
5 years experience in a financial field preferred
CPA certificate or other advanced degree not required but preferred

Responsibilities

Utilizing knowledge of financial and statistical information to complete research and development of analytical data to benefit Hospital operations and help to facilitate projects and planning
Prepares reports for advanced accounting projects such as service line reports and various advanced cost reporting topics
Be willing to assist with any new reporting model that is needed/requested at Spencer Hospital
Potential to cross train to others in finance when warranted. Participates in meetings related to the same. Uses leadership skills to coordinate the report completion when cross training is needed to balance department workflow and/or to grow the skills of others in the accounting department
Works on and assists with advanced accounting projects as directed by Director of Decision Support or the CFO or by other members of the executive management team. Participates in meetings related to the same. Examples of these projects are: Annual Budget, Wage Evaluations for all employees based on IHA or other market data, Assists with market analysis spreadsheets and data collection, Assists with data collection for consulting engagements, Physician Call Pay, Assists with annual audit projects, Assists with Medicare, Medicaid, Champus Annual Cost Reporting, Future initiatives/topics as they occur at Spencer Hospital
Researches inconsistencies or errors as posted in the Hospital Information System to improve reporting accuracy and efficiencies in all areas of the department. Helps with problem solving
Trains and assists Spencer Hospital team members (managers and staff) on various topics. Examples could be: E.M.R. Management Reports, Productivity and statistical tracking, FTE budgeting and analysis, Operating and capital budgeting, Graphing and other excel functions, Financial trending

Skills

financial analysis

statistical analysis

accounting

cost reporting

budgeting

data collection

market analysis

Excel

reporting

audit support

Medicare reporting

leadership

Abarca Health

Pharmacy Benefit Management services provider

About Abarca Health

Abarca Health provides Pharmacy Benefit Management (PBM) services, focusing on flexible and user-friendly solutions for health plans, employers, and government programs like Medicare and Medicaid. Its main product, the Darwin platform, allows clients to quickly implement and modify benefit designs while ensuring compliance with regulations. Abarca Health manages over $5.3 billion in drug spend and processes 100 million prescription claims annually, offering additional services like home delivery for prescriptions. The company's goal is to deliver exceptional service and innovative solutions in the PBM market.

Aventura, FloridaHeadquarters

2005Year Founded

VENTURE_UNKNOWNCompany Stage

HealthcareIndustries

501-1,000Employees

Benefits

PTO

Parental leave

Work flexibility

Health insurance

Wellness stipend

401k

Tuition reimbursement

Leadership development programs

Risks

Increased competition from Amazon Pharmacy and Mark Cuban's Cost Plus Drug Company.

Growing focus on specialty drugs may require platform adaptation.

Shift towards price transparency could pressure Abarca's pricing models.

Differentiation

Abarca Health's Darwin platform is highly adaptable and user-friendly.

The company offers innovative programs like Triple S en Casa for home delivery.

Abarca Health ensures compliance with ever-changing healthcare regulations.

Upsides

Abarca transitioned two million members to Darwin in 18 months, showing operational efficiency.

Collaboration with Blue Shield of California boosts Abarca's reputation in the PBM sector.

Recognition as a top IT workplace attracts top talent, driving innovation.

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