Financial Analyst I

Prospect Medical Systems - Orange, CA2.6

Full-timeEstimated: $54,000 - $73,000 a year
We are hospitals and affiliated medical groups, working closely together for the benefit of every person who comes to us for care. We build comprehensive networks of quality healthcare services that are designed to offer our patients highly coordinated, personalized care and help them live healthier lives. Through collaboration, we strive to provide all of our patients and medical group members with the quality, affordable healthcare they need and deserve.

The Financial Analyst I works independently to create timely and actionable information used to improve outcomes, clinical quality management, health management and financial auditing based on clinical and financial data. The Financial Analyst I is expected to independently function at a high level of technical and mathematical proficiency, using sophisticated data mining tools, multi-dimensional databases, and best practices to resolve complex issues encountered in accessing, converting, accumulating and processing clinical and administrative data from a wide variety of sources and formats. The Financial Analyst I will make key decisions to maintain continuous quality improvement process, and become a subject matter expert of current medical terminology, billing and coding standards, technology tools and industry best practices.

Job Responsibilities/Duties

Independently compiles and conducts ongoing analysis and evaluation of claims, revenue, eligibility, expense, and clinical data for forecasting and trending purposes. Identify and interpret trends or patterns in complex data sets. Present findings in a clear, concise manner.
Develops appropriate recommendations and suggestions based on findings and collaborates with management in the development of action plans where required. Locate and define new process improvement opportunities.
Creates, develops, analyzes and monitors new, routine and ad hoc reports for company-wide use.
Strategically plans and makes logical, thoughtful, independent decisions regarding projects. Completely understands the source files used in the creation of meaningful reports via Excel, Access, and SQL. Codes algorithms based on complex methodology.
Provides statistical and financial data files and reports as requested and plans time appropriately to allow for quality checks and variance analysis. Acquires data from primary or secondary data sources and maintains databases.


Minimum Education: Bachelor’s degree from four-year college or university in statistics, mathematics, computer science or related discipline and/or equivalent training preferred.

Minimum Experience: Minimum of one (1) years related experience in analytic programming, data extraction, querying databases/data warehouses and data analysis using SQL or an equivalent software product and/or training; or equivalent combination of education and experience preferred.

Req. Certification/Licensure: None.

Employee Value Proposition

Prospect Medical Holdings, Inc., is guided by a diverse and highly experienced leadership core. This group maintains the vision that has made Prospect a needed difference-maker in the lives of so many patients today, and many executives contribute to our continued efforts. As a member of our highly effective team of professionals you will receive:

Company 401K
Medical, dental, vision insurance
Paid time-off
Life insurance
Prospect Medical Systems has a zero-tolerance policy regarding the use of drugs and alcohol. Our Company is committed to maintaining a productive, drug free workplace that keeps employees and patients safe from harm. For this reason, we require applicants to pass a screening for drug use as a condition of employment. This includes: alcohol, marijuana, cocaine, opiates and methamphetamines.