Ian Donovan
Blue Origin Presentation
Background
- Born and raised in Seattle, WA
- Attended Ballard High School
- Moved to San Luis Obispo, CA for college
- Academic interests in Economics, Finance, Computer Science, and Statistics
- Currently work as a Financial Analyst at UW Medicine
Education
Cal Poly: San Luis Obispo
- B.S. Economics: 2016 - 2020
*Concentration in Quantitative Analysis
- M.S. Quantitative Economics: 2020 - 2021
*Graduated with Distinction (Top 10% GPA)
Education
- Econometrics (R)
- Advanced Econometrics I & II (R & MATLAB)
- Applied Regression Analysis (R)
- Statistical Computing with R (R)
- Statistical Computing with SAS (SAS & SQL)
- Statistical Analysis of Time Series (R)
- Computing and Machine Learning for Economics (Python)
- Evidence Based Decision Analysis ( Python)
- Python for Analytics (Python & SQL)
Coursework
Job Experience
Job
Experience
Teaching Assistant
Achievments and Responsibilities:
Cal Poly
- Converted PDF homework assignments into R Markdown templates
- Designed and developed an anti-cheating program with R
- Facilitated daily online tutoring and mentoring services in Econometrics
- Responsible for grading homework and exams.
Senior Financial Analyst
UW Medicine: June 2021 - Present
Achievments and Responsibilities:
UW Medicine
- Led the financial planning and analysis function for a large healthcare organization
- Perform financial analysis, including compensation benchmarking, forecasting, and cost-benefit analysis
- Prepare monthly financial reports & KPI summaries for executive leadership
- Track and monitor productivity (wRVUs/CFTEs) among clinical providers
- Mentored and coached junior analysts to ramp up their productivity
Why Blue Origin?
- Exciting to be part of an ambitious mission
- Well aligned with leadership principles
- Passionate about space flight/exploration
- FP&A work at BO would foster a deeper sense of importance
- Opportunity to challenge myself and further develop my professional skills
Why Blue Origin?
Productivity & Compensation
Benchmarking
- Leadership at UW Medicine aims to achieve compensation and productivity levels for all medical providers that meets or exceeds the 50th percentile
- To identify areas for improvement, we need to assess how medical providers currently compare in terms of productivity and compensation to the national benchmark
Project 1
Situation
- Department leaders would like to conduct a comparison of their providers' compensation and productivity to a national benchmark
- Third-party companies provide data on the distribution of salaries and productivity based on provider specialty (i.e. CPSC, AAMC)
- Compensation measured in $
- Productivity measured by wRVUs/CFTE
- wRVU = Work Relative Value Unit
- CFTE = Clinical Full Time Effort
Situation
Task
- Prepare individual department reports by combining internal data sources with third-party benchmarks
- Analyze the data we've prepared to determine the percentile at which each department's compensation and productivity currently reside
- Based on the findings, calculate how many $s and/or wRVUs would be required to raise underperforming departments to the 50th percentile
- Present the findings to leadership, using this analysis as a basis for initiating discussions on potential changes to compensation and work structure
Task
Action
- Joined CFTE and wRVU data from internal sources
- Combined internal data with third-party Party Benchmarks
- Assembled files for individual departments and sent to leaders for data review
- After obtaining approval from department leaders, used the distribution of productivity and compensation to find the department level percentiles
- Additionally, calculate the required productivity and funding level to bring underperforming departments up to the 50th percentile
- Final report summarizes compensation and productivity variances of each department, identifying high and low performing departments
Result
- Enabled leadership to determine the relative rankings of each department in terms of productivity and compensation
- Assisted in identifying the specific areas where improvement is needed
- Provided insights into the necessary targets for funding and productivity enhancement
- Identified the constraints that departments encounter when attempting to increase wRVUs and funding levels
- These constraints shed light on the challenges that departments face in scaling up their productivity and acquiring additional resources
Capstone Project
- Developed a research question, collected data, and authored a 20-page paper describing my thesis, methods, and results.
Project 2
Situation
- Tasked with creating a research question, reviewing current literature, collecting data, and performing an analysis to answer the question
- Data must be collected by yourself (i.e. web-scraping, government websites, third-party websites)
- Write a paper detailing your methods and findings, along with a discussion of published research currently covering the chosen topic
Situation
Task
- Research question: Does access to recreational cannabis reduce opioid related deaths?
- Need to know the year that cannabis became legal in a given state, total opioid deaths, and demographic information (i.e. Average income, unemployment rate, percentage of people w/o health insurance, etc)
- Perform an analysis to see if access to recreational cannabis caused opioid related deaths to increase/decrease
- Write a paper to summarize the results and methods
Task
Action
- Collected state-year level data from 2008 - 2018 to create a panel of all 50 states over this period
- Estimated a generalized difference-in-differences model using R to see if there was a causal effect between access to recreational cannabis and opioid related fatalities
- Wrote a paper to summarize my methods and results
Action
Result
- Showed that states with access to recreational cannabis can expect to see between 4-6 fewer deaths per 100K people, per year
- For reference, the state with the highest opioid death rate per 100K was West Virginia with 42 deaths/100K people
- Washington state had 9.5 deaths/100K people
- Received award for "Outstanding Senior Project", along with publishing on Cal Poly's website
Result