Description How you will contribute As a Senior Consultant, you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using your independent judgment and critical thinking skills to gather data, frame situations, and provide practical solutions to add value based on client needs. Depending on the client project the responsibilities of a Senior Consultant may typically include:
- Assessing current performance of healthcare revenue cycle operations by conducting interviews, observations, document review, data-driven insights, and process mapping.
- Performing data collection & analyses to develop KPI metrics and drive narrative development to support project deliverables and presentation content.
- Effectively synthesizing, drawing conclusions, and creating recommendations from both qualitative and quantitative data sets.
- Designing and implementing leading practice workflows, addressing deficits in quality, and driving operational and financial outcomes across different levels of healthcare organizations.
- Helping to build product and service offering tools and templates.
- Leading workstreams across the full scope of revenue cycle operations within a project. Clearly articulating and executing next steps and managing day-to-day engagement priorities.
- Effectively communicating with clients, including preparing and delivering client-ready deliverables and presentations.
- Building relationships with clients and seeking opportunities to expand the scope of business. Assisting with the preparation of proposal and pitch documents.
- Coaching and mentoring junior staff both formally and informally.
Working as a partner to our clients by building consultative relationships you will develop an in-depth understanding of the client's processes, financial positions, and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details. Relying on your ability to communicate and problem solve, you will present your analyses and insights to a variety of audiences.
We are seeking someone to join our team with an entrepreneurial and collaborative mindset who will manage ambiguity and thrive in a fast-paced environment. As a Senior Consultant you will have the opportunity to demonstrate your leadership, integrity and objectivity when interacting with clients at all corporate levels.
Revenue cycle projects may include, but are not limited to: due diligences, performance assessments, enterprise performance improvement, full-scale implementations, and interim management for a broad range of healthcare providers and supporting services companies.
Qualifications - High energy individuals with a passion for healthcare and solving complex issues.
- A minimum of five (5) years of prior work experience in healthcare, consulting or healthcare industry such as revenue cycle, hospital, accounting, audit, private equity, or healthcare operations with a healthcare focus.
- BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.
- Prior experience with revenue cycle in a hospital or larger health system.
- Experience with healthcare revenue cycle issues and solutions for improvement related to increasing collections, reducing DSOs, increasing efficiencies and detailed knowledge of government and third-party payors.
- Advanced Microsoft Excel, PowerPoint, and Word skills a must; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data are a plus.
- Knowledge of Revenue Cycle systems, operations, and regulations. Experience with workflow redesign and system implementation.
- Ability to use sound judgment and escalate project issues to project managers or engagement leaders.
- Solid project management and organizational skills.
- Ability to coach and mentor junior staff.
- Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel.
- Willingness and ability to travel as required.
Your journey at A&M At A&M, professional growth is tied directly to performance, not tenure. Our people take on meaningful, hands-on work supported by a performance development process that rewards contribution and fosters a culture of meritocracy. Stretch roles, evolving business needs, and firm growth create ongoing opportunities for ownership and building new skills, while direct access to senior leaders provides mentorship and real-time coaching along the way. We also prioritize your wellbeing through comprehensive benefits and resources. Together, these elements create an environment where high-performing professionals can continue to grow and advance from day one.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k)-retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k)-retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.
The salary range is $140,000 - $160,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
