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DECISION SUPPORT ANALYST I

Company Description

The University of Maryland Medical System (UMMS) is an academic private health system, focused on delivering compassionate, high quality care and putting discovery and innovation into practice at the bedside. Partnering with the University of Maryland School of Medicine, University of Maryland School of Nursing and University of Maryland, Baltimore who educate the state's future health care professionals, UMMS is an integrated network of care, delivering 25 percent of all hospital care in urban, suburban and rural communities across the state of Maryland. UMMS puts academic medicine within reach through primary and specialty care delivered at 11 hospitals, including the flagship University of Maryland Medical Center, the System's anchor institution in downtown Baltimore, as well as through a network of University of Maryland Urgent Care centers and more than 150 other locations in 13 counties. For more information, visit www.umms.org.

Job Description

Job Summary

Coordinate financial and integration activities to deliver outcomes and results in support of achieving departmental and organizational goals. Work is performed under close supervision.

Primary Responsibilities

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job responsibilities performed.

• Meet the needs of customers by pursuing improved courses of action, deliver products and services that meet customer needs, use customer feedback as a basis for improving outcomes and delivering value added services.

• Adapt to processes, outcomes, and behaviors to complete assignments in a timely and quality focused manner.

• Demonstrate an understanding of the issues and opportunities relevant to building, maintaining, and optimizing an enterprise-wide business applications software including data integrity and structural maintenance, user training and adoption, and future deployment of enhancements.

• Execute work in connection with the needs of leadership. Monitor initiative outcomes and performance improvement indicators. Develop presentations that are clear, accurate and informative.

• Responsible for the quality control for individual work and reviewing the work of others as appropriate.

• Provide high-quality, high-value reporting to customers on a continual basis.

• Build and update functional dashboards to provide users with enhanced visibility into financial data across the corporate and member org levels.

• Serve as the center for training and support to management and performance reporting systems.

• Coordinate training and continuous education for non-finance team members at Corporate or Member Organizations.

• Proactively identify and pursue opportunities to improve operational efficiency and effectiveness.

• Maintain communication with peers to review programs, provide feedback, and discuss new developments and exchange information. Share personal expertise with peers and solicit expertise from peers.

• Perform other duties as assigned.

Qualifications

Education & Experience - Required

  • • Bachelor’s degree in Finance, Accounting, Business Administration, Healthcare Administration, Data
  • Analytics, or related field.

Education & Experience - Preferred

  • • One (1) year experience in roles including but not limited to finance, accounting, budgeting, financial
  • planning and analysis, and data analytics.

Knowledge, Skills, & Abilities

  • • Proficiency in preparing and analyzing financial data.
  • • Proficient mathematical and analytical skills.
  • • Ability to work independently and as part of a team.
  • • Self-motivated individual who can excel with little supervision and can be successful in a fast paced,
  • dynamic environment.
  • • Ability to analyze, compare, contrast, and validate work with keen attention to detail.
  • • Ability to judge the level of confidentiality of information/activities involved in and exhibit integrity
  • in use of dissemination of such information.
  • • Effective skill developing and maintaining collaborative working relationships with all levels of
  • leadership, staff and vendors.
  • • Effective analytical, quantitative, planning, organizational, and problem-solving skills.
  • • Effective skill presenting findings, conclusions, alternatives and information clearly and concisely.
  • • Effective skill in the use of Microsoft Office Suite (e.g., Excel, Word, PowerPoint).
  • • Effective verbal, written and interpersonal communication skills.

Additional Information

All your information will be kept confidential according to EEO guidelines.

 Compensation

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Average salary estimate

$36315 / YEARLY (est.)
min
max
$30260K
$42370K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About DECISION SUPPORT ANALYST I, University of Maryland Medical System

The University of Maryland Medical System (UMMS) is on the lookout for a passionate and driven Decision Support Analyst I to join their dynamic team in Baltimore, MD. As a Decision Support Analyst I, you'll play a pivotal role in coordinating financial and integration activities that drive performance and help achieve the organization's overarching goals. Your day-to-day tasks will involve closely monitoring initiative outcomes, providing insightful reporting, and building functional dashboards that enhance visibility into financial data. You’ll also create informative presentations and quality control processes to ensure accuracy in the work produced by you and your colleagues. Your keen analytical skills will be put to good use as you adapt to different processes and behaviors to meet the needs of customers while delivering high-value services. Teamwork is essential here; you’ll collaborate across departments and support management and teams through training and continued education. If you are a self-motivated individual with a Bachelor’s degree in Finance, Business Administration, or related field, and possess strong analytical and communication skills, this role is a fantastic opportunity for you to grow in a supportive and innovative environment that places a high value on quality care and operational efficiency.

Frequently Asked Questions (FAQs) for DECISION SUPPORT ANALYST I Role at University of Maryland Medical System
What are the primary responsibilities of a Decision Support Analyst I at the University of Maryland Medical System?

The Decision Support Analyst I at the University of Maryland Medical System is responsible for coordinating financial and integration activities, developing informative presentations, creating functional dashboards, providing high-quality reporting, and facilitating training for non-finance team members. The role focuses on adapting processes and improving outcomes to support departmental and organizational goals.

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What qualifications are required for the Decision Support Analyst I position at UMMS?

To qualify for the Decision Support Analyst I position at UMMS, candidates must possess a Bachelor’s degree in Finance, Accounting, Business Administration, Healthcare Administration, Data Analytics, or a related field. Preferred candidates will have at least one year of experience in finance, accounting, budgeting, or similar roles, with a strong focus on analytical and problem-solving skills.

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What skills are essential for a successful Decision Support Analyst I at UMMS?

Essential skills for a successful Decision Support Analyst I at UMMS include proficiency in financial data analysis, strong mathematical abilities, effective communication skills, proficiency in Microsoft Office Suite, and the ability to work collaboratively across teams. Attention to detail and self-motivation are also key qualities for this position.

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What is the expected salary range for a Decision Support Analyst I at UMMS?

The expected salary range for a Decision Support Analyst I at the University of Maryland Medical System is between $30.26 and $42.37 per hour. This range reflects the competitive compensation structure that UMMS offers to attract and retain top talent in the healthcare sector.

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How does the Decision Support Analyst I contribute to operational efficiency at UMMS?

The Decision Support Analyst I contributes to operational efficiency at UMMS by developing analytical capabilities, implementing high-quality reporting systems, and identifying opportunities for process improvements. This role ensures that financial data is accurately reported and utilized to make informed decisions that enhance overall organizational effectiveness.

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Common Interview Questions for DECISION SUPPORT ANALYST I
Can you describe your experience with financial data analysis as a Decision Support Analyst?

In answering this question, focus on specific projects where you analyzed financial data. Explain the tools you used, the outcomes of your analysis, and how it contributed to operational success. Be sure to articulate your thought process and decision-making skills, showcasing your ability to drive improvements based on data.

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How do you prioritize your tasks when you have multiple deadlines approaching?

Employing effective time management techniques is crucial. Describe how you assess task urgency and importance, perhaps using prioritization matrices or software tools. Provide an example of a time when you successfully balanced multiple projects, explaining your approach to staying organized and ensuring quality work.

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What strategies do you use to ensure data accuracy in your analyses?

Discuss the strategies you employ to maintain data integrity, such as cross-checking figures, using reliable sources, and developing documentation for your processes. Emphasize your attention to detail and any tools or software you utilize for data validation.

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How do you handle feedback from team members or leadership regarding your reports?

It’s important to display your willingness to learn and adapt. Describe how you actively seek feedback and use it to improve your work. Provide an example of how constructive criticism led to a positive change in your reporting or analysis methods.

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Can you give an example of how you've improved operational efficiency in your previous roles?

Share a specific instance where you identified a process that needed improvement, the steps you took to address it, and the resulting benefits. Highlight quantitative metrics if possible, such as decreased turnaround times or saved resources, showing your impact on the organization.

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What tools or software are you proficient in for financial analyses?

List the tools you are familiar with, such as Excel, Power BI, or any specialized healthcare financial software. Discuss your level of expertise and any relevant certifications that showcase your skills in data analysis and reporting.

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How do you ensure you stay updated with changes in healthcare regulations that could impact financial decisions?

Express your commitment to continuous learning. Discuss strategies you employ to keep abreast of industry changes, such as attending conferences, participating in relevant training sessions, or subscribing to healthcare finance publications, and how these efforts enable you to make informed financial decisions.

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In what ways do you collaborate with other departments to achieve organizational goals?

Explain your approach to cross-departmental collaboration. Share a specific example of a project where you successfully worked with other teams, describing the impact of this collaboration on achieving a common goal and how effective communication played a role in the process.

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How would you explain complex financial data to non-financial staff?

Highlight your ability to simplify complex concepts. Discuss techniques you use, such as utilizing visuals, analogies, and layman’s terms to communicate effectively, demonstrating your understanding of the audience's level of expertise and how to bridge any knowledge gaps.

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What motivates you as a Decision Support Analyst I?

Share what excites you about data analysis and the healthcare sector. Whether it's the impact of informed decision-making on patient care or the satisfaction of solving complex problems, articulate how your passion aligns with UMMS's commitment to compassionate care and operational excellence.

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We dedicate every day to providing a better state of care in Maryland. We are committed to strengthening the social fabric of our communities with high quality care centered on patients and their families, and our size and geographical reach all...

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 11, 2025

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