Sr Financial Analyst
OverviewCommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and DignityHealth. With more than 700 care sites across the U.S. from clinics and hospitals to home‐based care andvirtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our worldneeds compassion like never before. Our communities need caring and our families need protection.With our combined resources CommonSpirit is committed to building healthy communities advocatingfor those who are poor and vulnerable and innovating how and where healing can happen both insideour hospitals and out in the community.ResponsibilitiesThe Senior Revenue Cycle Analyst is the lead in providing financial business development, analyticalservices, and recommendations that influence sound business decisions, enable delivery of businessobjectives and guide long term revenue cycle strategies. The Sr. Analyst would be responsible forimplementing, designing, and providing support for complex financial models and analytics withinmultiple revenue cycle functional areas. Develops dashboards and reports on key performanceindicators, metrics, data points, and formulas to support management objectives.Assists revenue cycle leaders in working closely with senior leadership, physicians, and other faculty toinvestigate and design strategic initiatives in order to improve revenue cycle metrics, reportingcapabilities, and overall financial performance. The Sr. Analyst will develop key financial and statisticalanalysis in support of SVP of Revenue Cycle Management’s negotiations with vendors. Determines howprocesses can be aligned with best practices to achieve optimal results, measurable change, and aquantifiable, positive contribution.This is a remote opportunity
Expertise in data extraction and database queries
Ability to manage, organize, prioritize and monitor project work.
Ability to identify, interpret and analyze complex revenue cycle and other financial data and issues
Ability to synthesize information and recognize trends
Excellent problem solving and interpersonal skills
Excellent written and verbal communication skills
Proficient in Microsoft Office Suite
Highly skilled in Microsoft Excel and/or Access
SQL and Qlik experience a plus but not required
Knowledge of reimbursement/payment policies, medical terminology, medical record coding, and claim billing strongly preferred.
Knowledge of research techniques sufficient to collect and interpret detailed financial data.
Ability to prepare comprehensive reports and prepare and conduct effective presentations.
Exhibits integrity in all actions and communications.
Collaborates with key constituents in different functional areas to assist in designing reports that meet the hospital’s business requirements and provides training on generating these reports.
Ensures accessibility and flow of performance information to all relevant parties; works to prevent or address data transmission issues.
Analyzes financial and revenue cycle performance data to identify trends, patterns, and root causes.
Examines business and procedural workflows to identify weaknesses in proposed or established flows and suggests alternatives as necessary.
Conducts quantitative and/or qualitative analyses of performance and helps identify and prioritize improvement opportunities.
Explores potential sources of revenue leakage identified by performance indicators and responds with data‐driven initiatives to improve net revenue.
Utilizes a strong understanding of software, operational workflows, governing policies, and regulations to assist in process changes.
Organizes statistical findings; interprets, simplifies, and presents information in order to champion initiatives to support data integrity and overall revenue cycle performance and efficiency.
QualificationsEducation:Bachelor’s degree in Business, Finance, Computer Science or a related field required.MBA or CMA preferredExperience:5+ years of experience performing complex financial research and analysis. 3+ years’ experiencein health care organization preferred.Prior experience in revenue management, patient financial services, and/or health informationsystemsPay Range$33.60 - $48.73 /hourWe are an equal opportunity/affirmative action employer.