Business Analyst, Clinical Contracts
We are seeking a Business Analyst, Clinical Contracts who will coordinate and participate in activities related to managing the School of Medicine (SOM) contracts as part of the Faculty Practice Finance (FPF) vertical in the SOM Central Finance office. SOM Central Finance is the financial management unit in the School of Medicine responsible for oversight of SOM wide financial performance and partnering with departments to move forward strategic financial initiatives. The Business Analyst will manage and execute physician and provider related employment (clinical associate contracts), clinical service contracts with non-Hopkins affiliated organizations, JHM employee lease agreements, and JHM InterEntity agreements. This role involves managing records, databases, and contract templates, as well as preparing various financial analyses as needed. The position requires extensive collaboration and coordination with JHU and JHM senior leadership.
Specific Duties & Responsibilities
- Manage the review process and final execution of all Clinical Associate, Clinical Services contracts, and Inter-Entity Agreements.
- Manage the review and final execution of all JHM employee lease contracts between the School of Medicine and Johns Hopkins hospitals.
- Prepare fair market value analysis for compensation and pay rates using external benchmark data from organizations such as, i.e. PYA and Association of American Medical Colleges.
- Summarize each contract request to be presented to the SOM Intake Committee for financial approval.
- Contact signatories to obtain signature / approvals for new and amended contracts.
- Reconcile databases and accounts to ensure activity against active contracts.
- Participate in compliance activities, as needed, related to InterEntity contracts and personnel leases.
- Collaborate with SOM Departments to triage queries regarding contracts in accordance with JHU policies and procedures.
- Develop an inventory and maintain records of all contracts including expiring contracts.
- Design and maintain website that houses physician and provider internal employment and external service contracts. Enter employment and service contracts into website and update with applicable revisions.
- Collaborate with JHU Legal Department, Clinical Departments, SOM Central Finance, and Associate Director to resolve issues related to contracts.
- Participate in meetings and serve as staff to committee in support of the Faculty Practice, including regular meeting with JHU Legal and SOM Central Finance meetings to address and resolve concerns related to contracts, both internal and external.
- Prepare various types of financial analyses and associated observations as requested by the Associate Director, Faculty Practice Finance.
- Use various software applications to assemble, manipulate and/or format data and/or reports.
- Cross trains with Financial Analyst in Faculty Practice Finance to manage faculty compensation: review business plans, approve employee actions, and perform internal and external equity analysis.
- Keep abreast of laws and regulations that impact up to date compliance.
Collaborates
- Partner with Executive Director and Associate Directors of Faculty Practice Finance; other Faculty Practice Financial analysts; FP&A colleagues; Financial Operations Colleagues; University Controller; JHHS/JHM colleagues.
Additional Knowledge, Skills & Abilities
- Advanced knowledge in the use of the Microsoft Office suite of applications.
- Ability to uphold a high level of confidentiality regarding sensitive information.
- Adheres to Service Excellence Standards by fostering strong customer relationships, demonstrating self-management, and taking ownership of responsibilities.
- Collaborates effectively within teams, communicates clearly, and continuously seeks opportunities for performance improvement.
- Strong customer service orientation and focus on details, accuracy and meeting pre-determined deadlines.
- Focuses on attention to detail, accuracy, and meeting established deadlines.
- Understanding of and commitment to the Johns Hopkins mission.
Minimum Qualifications
- Bachelor's Degree in related field.
- Three years of related experience.
- Additional education may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by the JHU equivalency formula.
Preferred Qualifications
- Previous experience in contract administrative support.
- Familiarity with academic medical centers.
- Experience in physician practice management.
- Working knowledge of SAP.
Classified Title: Business Analyst
Job Posting Title (Working Title): Business Analyst, Clinical Contracts
Role/Level/Range: ATP/04/PD
Starting Salary Range: $62,900 - $110,100 Annually ($86,500 targeted; Commensurate w/exp.)
Employee group: Full Time
Schedule: Mon-Fri, 8.30am-5.00pm
FLSA Status: Exempt
Location: Hybrid/School of Medicine Campus
Department name: SOM Admin Finance Faculty Practice
Personnel area: School of Medicine