Sr Financial Analyst

Overview CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to homebased care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our communities need caring and our families need protection. With our combined resources CommonSpirit is committed to building healthy communities advocating for those who are poor and vulnerable and innovating how and where healing can happen both inside our hospitals and out in the community. Responsibilities The Senior Revenue Cycle Analyst is the lead in providing financial business development, analytical services, and recommendations that influence sound business decisions, enable delivery of business objectives and guide long term revenue cycle strategies. The Sr. Analyst would be responsible for implementing, designing, and providing support for complex financial models and analytics within multiple revenue cycle functional areas. Develops dashboards and reports on key performance indicators, metrics, data points, and formulas to support management objectives. Assists revenue cycle leaders in working closely with senior leadership, physicians, and other faculty to investigate and design strategic initiatives in order to improve revenue cycle metrics, reporting capabilities, and overall financial performance. The Sr. Analyst will develop key financial and statistical analysis in support of SVP of Revenue Cycle Management's negotiations with vendors. Determines how processes can be aligned with best practices to achieve optimal results, measurable change, and a quantifiable, 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 datadriven 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. Qualifications Education: Bachelor's degree in Business, Finance, Computer Science or a related field required. MBA or CMA preferred Experience: 5+ years of experience performing complex financial research and analysis. 3+ years' experience in health care organization preferred. Prior experience in revenue management, patient financial services, and/or health information systems

Created: 2024-11-02