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Become A Decision Support Analyst

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Working As A Decision Support Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $85,759

    Average Salary

What Does A Decision Support Analyst Do At University of Virginia Health System

* Collaborates with planning and analysis consultants in the creation of strategic and long range business plans.
* Works on system wide projects that impact the financial decisions of senior leadership
* Provides programming support complex financial software tools such as SQL database, Hyperion, etc.
* Prepares detailed reports, data, analytics, and actionable business insights relating to business planning and business performance improvement efforts.
* Provides analysis for development of capital and operating budgets.
* Exercises sound judgment in recommendations of financial decisions
* Collaborates on the development and delivery of professional presentations that influence senior leadership decision making.
* Willingly adapts to organizational change and models commitment to professional development and continuous improvement.
* Naturally inquisitive with extreme attention to detail.
* Other duties as assigned

What Does A Decision Support Analyst Do At Highmark Health

* Develop and foster internal relationships across the corporation.
* Provide analytic and consultative support to a broad spectrum of internal customer areas and external business partners.
* Mentor colleagues with less experience on both the technical and business aspects of project and consultative work.
* Determine how decision support systems will provide information required to make effective business decisions, translate requirements into applications that employ appropriate decision support and reporting tools.
* Use broad experience and technical knowledge to propose solutions to complex business problems.
* Take the lead in driving the implementation of the recommended solutions.
* Take the lead in defining issues and ideas to be studied as well as the approach (methodological and technical) to be used in addressing studies and projects.
* Create and/or develop new methods of analysis, database design, and performance measurement or, in some cases, adaptation of existing solutions to new areas.
* Perform modeling of data sources and flows, work with data management staff to define an operational framework that will define, develop, and implement policies and security frameworks to ensure precise and secure deliver of knowledge and information.
* Provide assistance and, depending on skill and experience, lead with interpretation of raw data, statistical results or otherwise compiled information, identify follow-up action items, and prepare or assist in the preparation of written reports and/or oral presentation of findings to internal and external audiences, customer managers, clinical staff, compliance agencies, group accounts, providers, agent plans, and brokers.
* Develop and maintain moderate-to extremely-complex computer programs using 4GL programming languages (such as SAS, R, SQL) and other database technology (DB2, Teradata, and Oracle).
* Other duties as assigned or requested

What Does A Decision Support Analyst Do At LCMC Health

* Duties include, but are not limited to:
* Preparation and Analysis of Financial ProFormas for new services.
* Create customized reports using data requested by senior management and conducts ad hoc analyses where needed.
* Monthly Forecasting to include Volume, Revenue, Expenses, and FTE’s.
* Preparation and Analysis of Service Line Financials.
* Works closely with Finance on Budget Preparation.
* Supports the preparation of the Budget, Annual Cost Report, Annual Audit, and Annual 990.
* Serves as support for the Productivity monitoring and reporting.
* Serves as a resource for leadership with productivity.
* Basic understanding Patient Accounting to include Hospital Net Revenue and Professional Fee Revenue.
* Prepares Adhoc reports and summarizes data from the Sharecor Database.
* Ability to multi-task and prioritize duties.
* Creates ways of extracting and organizing data for compilation, retrieval, and analysis.
* Promotes departmental goals and participates in activities of self development.
* JOB SPECIFICATIONS

What Does A Decision Support Analyst Do At Eastern Maine Healthcare System

* _
* Extracts, evaluates and interprets data and indicators to identify improvement opportunities.
* Advises departmental management on appropriate indicators and statistical analysis to optimally accomplish departmental functions.
* Provides support and research in benchmarks, best practices and external improvement initiatives to assist departments in efficiently managing improvement efforts.
* Assists in the development of a sound budget with the division leaders congruent with the strategic plan of the organization.
* In addition to providing data support to team efforts, assumes role of facilitator as requested.
* Provides independent, analytical solutions to detailed transactions.
* Handles large scope projects and applies knowledge of hospital systems to critically evaluate data and provide accurate analysis for queries and projects.
* Upon request produces detailed financial, operational and clinical reports to management with a goal of evaluating performance, analyzing trends, and/or meeting regulatory requirements.
* Provides formal or informal training to managers/staff in interpretation of analyses and reports.
* Maintains current understanding & expertise in financial, clinical, decision-support systems contributing to analyses as defined above.
* Actively participates in hospital committees and improvement teams as appropriate to assist in achieving goals as relates to data analysis.
* Develops and manages routine reports and data sets as required, based on assigned department.
*

What Does A Decision Support Analyst Do At Dignity Health

* Decision Support System Database Administration
* Perform the daily, weekly or monthly decision support system database update process for the assigned facilities which includes conducting the appropriate audit steps to insure the accuracy of the data with each database update
* Maintain and update the related decision support system tables as needed to insure accurate and consistent reporting
* Perform the quarterly decision support cost accounting close and reconciliation process on a timely basis in accordance with the processes outlined in the Decision Support manual
* Cost Accounting
* Conduct detailed cost accounting studies to develop RVU’s for use in determining CDM level costs
* Maintain the decision support system allocation tables that drive the cost allocation process
* Recommend improvements and additions to cost accounting methodology, policy and procedures
* Act as an internal consultant to the individual hospitals as needed for the cost accounting function
* Actively promote the use of cost accounting data where appropriate for making financial and clinical decisions for Dignity Health
* Financial Analysis
* Provide analysis for managed care that will allow them to make informed decisions about contracting for the entire system
* Provide third party contract modeling expertise for the decision support system
* Work closely with clinical and financial staff at the hospitals to develop meaningful analysis that will achieve expense reductions by reorganizing functions, improved service or increase in programs
* Perform financial analysis on various other projects and programs on an as needed basis

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How To Become A Decision Support Analyst

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

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Decision Support Analyst jobs

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Real Decision Support Analyst Salaries

Job Title Company Location Start Date Salary
Decision Analysis Advisor, Commercial Support Chevron Corporation Houston, TX Nov 30, 2015 $149,000
Decision Support Analyst Google Inc. Mountain View, CA Apr 25, 2011 $135,000
Decision Support Engineering Analyst Google Inc. Mountain View, CA Aug 01, 2011 $127,000
Senior Decision Support Analyst Bed Bath and Beyond Inc. Union, NJ Jan 28, 2016 $126,690
Decision Support Analyst Facebook, Inc. Palo Alto, CA Jan 03, 2011 $125,000
Decision Support Data Analyst Facebook, Inc. Menlo Park, CA Aug 18, 2014 $120,000
Senior Decision Support Analyst Bed Bath and Beyond, Inc. Union, NJ Jan 28, 2013 $120,000
Senior Decision Support Analyst Bed Bath & Beyond Inc. Union, NJ May 28, 2015 $120,000
SR. Strategic Decision Support Analyst (PAM) Electronic Arts, Inc. Redwood City, CA Feb 09, 2016 $119,500
Decision Support Analyst Electronic Arts, Inc. Redwood City, CA Sep 09, 2013 $115,000
Decision Support Analyst Chevron Corporation Moon, PA Mar 14, 2015 $113,800
Decision Support Data Analyst Facebook, Inc. Menlo Park, CA Jul 30, 2014 $110,000
Business Decision Support Analyst Air Products and Chemicals, Inc. Allentown, PA Sep 23, 2012 $108,914
Lead Business Decision Support Analyst Air Products and Chemicals, Inc. Allentown, PA Sep 22, 2015 $82,659 -
$139,100
SR. Decision Support Analyst University of Miami-Miller School of Medicine Miami, FL Jun 02, 2014 $82,243
Decision Support Analyst Clopay Corporation Mason, OH Feb 15, 2016 $81,744 -
$99,388
Senior Decision Support Analyst Highmark Health Pittsburgh, PA Aug 15, 2016 $81,044
Senior Decision Support Analyst Acxiom Corporation Detroit, MI Jan 26, 2016 $80,163 -
$93,642
Senior Decision Support Analyst Health and Hospital Corporation of Marion County Indianapolis, IN Jan 08, 2016 $80,000 -
$100,000
Decision Support Technical Analyst Intone Networks Inc. Sacramento, CA May 18, 2016 $80,000
Supply Chain Decision Support Analyst Senior Autozone Memphis, TN Nov 03, 2016 $65,603
Supply Chain Decision Support Analyst Autozone, Inc. Memphis, TN Jul 09, 2016 $65,000
Decision Support Analyst Greenpeace, Inc. Washington, DC Jan 09, 2016 $64,391
Decision Support Analyst Greenpeace, Inc. Washington, DC Jan 10, 2016 $64,391
SR Decision Support Data Analyst/Programmer Indiana University Bloomington, IN Aug 01, 2012 $64,000
Decision Support Analyst Good Samaritan Hospital Los Angeles, CA Sep 13, 2013 $64,000
Decision Support Solutions Analyst Acxiom Corporation Conway, AR May 23, 2011 $63,000

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Top Skills for A Decision Support Analyst

FinancialAnalysisDecisionSupportSystemAccessDatabasesSQLServerDataAnalysisAd-HocReportsSASAuditHealthSystemAnalyticalSupportDataWarehouseMedicareProcessImprovementWebFinancialDataProjectManagementMckessonPayrollDataIntegrityAdditional

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Top Decision Support Analyst Skills

  1. Financial Analysis
  2. Decision Support System
  3. Access Databases
You can check out examples of real life uses of top skills on resumes here:
  • Prepared detailed financial analysis of Medical Center programs and services.
  • Involved with build of new decision support system, including architecture/data load, methodologies, and logic.
  • Created numerous Microsoft Access databases used for patient data, budgeting, and cost estimation.
  • Use Microsoft SQL Server to build client campaigns, segment client data, and research data discrepancies.
  • Supported all management staff at Sycamore Shoals Hospital in providing data analysis for decision making.

Top Decision Support Analyst Employers

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