Director, Health Care Finance

Heartland Whole Health Institute is a non-profit that addresses physical, mental, emotional, and social well-being by working with health systems, employers, and communities to redesign health care delivery.

Job Description:

Job Title: Director, Health Care Finance

Reports to: Chief Transformation Officer

FLSA Classification: Exempt
Location: Bentonville, Arkansas (On-site)

Who We Are

Heartland Whole Health Institute (HWHI) is dedicated to transforming health care – beginning in our home of Northwest Arkansas and scaling to disrupt the national health crisis. We advocate, educate, and guide the implementation of an innovative system, rooted in whole health and the realignment of financial incentives. Our team members are collaborative, analytical, mission-driven, and working together to change the status quo.

The Institute’s 85,000-square-foot facility is located on the campus of Crystal Bridges Museum of American Art near Alice L. Walton School of Medicine.

About The Position

The Director, Health Care Finance supports and advances health systems partnerships and innovative pilot programs intended to transform health care, through in-depth financial modeling, performance analysis, and strategic collaboration. The role requires close collaboration with internal teams, external stakeholders, and actuarial partners to align financial strategies and the organizational mission to transform health care.

Essential Duties and Responsibilities

Health Systems Partnerships

• Develop, refine, and analyze financial models for current and future health systems partnerships, across diverse service lines and partnership arrangements.
• Analyze operations and financial performance of health systems partners, monitoring progress in meeting partnership performance metrics.

Financial Modeling & Analysis

• Develop, refine, and analyze financial models to assess the viability and sustainability of health systems partnerships, alternative payment models, and other tactics intended to support health care transformation. 
• Conduct economic modeling and forecasting to assess the impact of various health care initiatives and policy changes. 
• Collaborate with outside actuarial teams to evaluate and guide the development of risk-based arrangements that support HWHI’s vision to transform health care payment models.
• Utilize advanced statistical methods and software to interpret complex datasets and derive actionable insights. 
• Conduct analysis of new health plan designs, working closely with human resources, brokers, and financial stakeholders.  
• Report on ROI analysis for value-based systems to Heartland Whole Health Institute leadership. 

Stakeholder Engagement and Collaboration

• Monitor industry trends and regulatory changes to identify opportunities and risks for the organization. 
• Prepare detailed reports and presentations for senior executives, summarizing findings and recommendations.  
• Work with internal and external stakeholders to facilitate the adoption of alternative payment models. 
• Provide financial insights and recommendations to leadership, ensuring financial strategies align with organizational goals. 
• Conduct economic modeling and forecasting to assess the impact of  health care initiatives and policy changes. 

Qualifications and Requirements

• Bachelor’s degree in finance, Economics, Health care Management, or a related field. 
• Master’s degree preferred. 
• Certifications preferred: Certified Public Accountant (CPA), Certified Health care Professional (CHFP), Health care Financial Management Association (HFMA), or Fellow of Society of Actuaries (FSA) 
• Minimum of three (3) years of experience in financial analysis, health insurance, and capitated models  
• Strong understanding of self-funded insurance plans and total cost of care agreements. 
• Proficiency in financial modeling, data analysis, and statistical software (e.g., SAS, R, SQL). 
• Excellent analytical and problem-solving skills, with the ability to communicate complex concepts clearly. 
• Experience collaborating with interdisciplinary teams and engaging with stakeholders at various levels. 
• Knowledge of health care regulations and policies impacting payment models and cost management. 
• Strong understanding of health plan design and alternative payment models. 
• Demonstrated ability to handle multiple projects, meet deadlines, and work on complex financial tasks independently or as part of a team. 
• Strong written and verbal communication skills are needed t