Summary
Overview
Work History
Education
Skills
Timeline
Generic

Spencer Schultz

Savage,MN

Summary

Experienced Senior Financial Analyst with a background in Healthcare seeking an opportunity to work more directly with clients

Overview

11
11
years of professional experience

Work History

Senior Financial Consultant

Prime Therapeutics LLC
Eagan, MN
07.2022 - 06.2024

Developed financial models and analysis to identify impact of changes to existing formularies and drug programs, as well as explore new opportunities for savings. Managed relationships with external partners during monthly stakeholders meetings and quarterly reviews. Used SAS to develop forecasts that informed decisions related to client opportunities. Researched industry specific regulations related to new state statutes and ensured compliance with applicable laws. Assessed risk associated with current market trends and provided recommendations for mitigating those risks. Collaborated with internal stakeholders to ensure timely completion of projects while meeting customer expectations. Presented the data to the clients in a manner that concisely conveyed the logic and methodology the reports were built on. Answered client questions surrounding estimates and models.

Senior Financial Analyst

Optum
Eden Prairie, MN
11.2019 - 07.2022

Prepared over $1 billion in Manufacturer Discount (Rebate) Disbursement payments. Maintaining multiple system setups for more than 150 clients. Providing regular reporting to clients as well as ad hoc report requests including but not limited to internal and external auditors, state and government regulatory agencies, C-suite and ELT reports, as well as individual client requests on a per case basis. Seeking out process gaps that can be closed, automation opportunities, and ways to improve quality control. Specializing in analysis of contracts as they pertain to rebates and providing feedback to leadership that has enabled us to become more profitable and has positively improved client-relations.

Claims Technical Analyst

Prime Therapeutics LLC
Eagan, MN
01.2018 - 11.2019

Pulled claims data via SAS tool. Filtered out non-impacted claims for reprocessing. Reprocessed potentially impacted claims. Determined financial impact through Claims Analysis. Reported impact of errors in RxClaims. Daily Reject Reporting. Reprocessing and reporting specialty coupon claims associated with a rebate program. Provided key input to dramatically turn a team with an exceptionally large work-backlog into a team that meets/exceeds turnaround time expectations while improving average team production to a greater than 300% production output in less than 2 years.

Clinical Review Technician- Saturday Primary Technician HCSC

Prime Therapeutics LLC
Edina, MN
12.2016 - 01.2018

Delegated the responsibilities of the team's technicians and communicated with the on call supervisors and physician reviewers. Other responsibilities included troubleshooting/resolving technical issues and forecasting potential problems, as well communicating with pharmacists/technicians to answer any technical/forecasting questions. Managed the Clinical Review Inquiries and IVL email boxes, while handling all cases that had been Upgraded to Urgent and all of our team's CRU Denial Outreach for the day. Reviewed urgent cases across all clients and closed cases that were pending before their turnaround time limit.

Clinical Review Technician

Prime Therapeutics LLC
Edina, MN
05.2016 - 01.2018

Reviewed and processed Prior Authorization requests for Blue Cross Blue Shield members. Processed claims for different Utilization Management programs including Step Therapy, Quantity Exceptions, Formulary Exceptions and High Dollar reviews. Applied a working knowledge of Lotus and RxCLAIM systems with additional databases and resources to determine the final outcome of clinical review requests. Analyzed review criteria, streamlined process flow and conducted outreach to ensure compliance with Clinical Review standards.

Medical Assistant

Five Star Senior Living
Rogers, MN
02.2016 - 10.2016

Coordinated with pharmacies when sending and receiving medication orders. Administered medication and treatments prescribed to residents. Supervised resident assistants. Responsible handling of medication with regards to patient safety/privacy and medication security. Accurate documentation of medication and treatment administration.

Certified Nurse Aide

Bartels Lutheran Retirement Community
Waverly, IA
02.2015 - 01.2016
Provided primary resident care and assistance with daily living activities. Monitored patients with acute conditions. Frequently commended for maintaining the safety, respect and dignity of residents. Cleaned and sterilized instruments and disposed of contaminated supplies. Measured urine specimens and delivered them to the laboratory.

Manager

Pizza Hut
Waverly, IA
03.2013 - 02.2015
Surpassed revenue goals in four consecutive quarters. Served as mentor to junior team members. Provided detailed summary of earnings and inventory on a nightly basis. Effectively implemented conflict resolution strategies that optimized customer satisfaction while minimizing cost.

Education

Bachelor of Arts - Biology

Wartburg College
12.2015

Skills

  • Cost-reduction strategies
  • Pipeline Management
  • Increasing savings
  • Data Analytics
  • Client Relations
  • Salesforce
  • Financials Analysis
  • Financial Forecasting
  • Financial Modeling
  • Reporting

Timeline

Senior Financial Consultant

Prime Therapeutics LLC
07.2022 - 06.2024

Senior Financial Analyst

Optum
11.2019 - 07.2022

Claims Technical Analyst

Prime Therapeutics LLC
01.2018 - 11.2019

Clinical Review Technician- Saturday Primary Technician HCSC

Prime Therapeutics LLC
12.2016 - 01.2018

Clinical Review Technician

Prime Therapeutics LLC
05.2016 - 01.2018

Medical Assistant

Five Star Senior Living
02.2016 - 10.2016

Certified Nurse Aide

Bartels Lutheran Retirement Community
02.2015 - 01.2016

Manager

Pizza Hut
03.2013 - 02.2015

Bachelor of Arts - Biology

Wartburg College
Spencer Schultz