Sr Financial Analyst
The posted compensation range of $35.62 - $52.99 /hour is a reasonable estimate that extends from the lowest to the highest pay CommonSpirit in good faith believes it might pay for this particular job, based on the circumstances at the time of posting. CommonSpirit may ultimately pay more or less than the posted range as permitted by law.
Job Summary and 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
- Serve as a subject matter expert in reporting, collaborating with functional leaders to design and implement robust business requirement-driven reports and provide advanced user training.
- Spearhead initiatives to optimize performance information flow and accessibility across the organization, proactively addressing and resolving data transmission challenges.
- Lead comprehensive analyses of financial and revenue cycle performance, identifying crucial trends, patterns, and root causes that impact organizational goals.
- Critically assess and optimize business and procedural workflows, proactively identifying areas for improvement and proposing innovative, data-supported alternatives.
- Perform rigorous quantitative and qualitative analysesto assess performance, strategically prioritize improvement opportunities, and quantify potential returns.
- Initiate and execute data-driven strategies to combat revenue leakage, ensuring performance indicators translate into tangible net revenue gains.
- Leverage comprehensive expertise in industry software, operational workflows, and regulatory frameworks to guide and implement successful process changes.
Translate complex statistical findings into actionable insights, championing initiatives to bolster data integrity and drive significant improvements in overall revenue cycle performance and efficiency.
Job Requirements
Education and Experience:
- Bachelor's degree in Business, Finance, Computer Science or a related fields Required.
- Five years experience performing complex financial research and analysis.
- 3+ years experience in Health Care organization Preferred.
- Prior experience is revenue management, patient financial services, and/or health information systems.
- MBA or CMA preferred
Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.
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