Revenue Cycle Financial Analyst

Company: CHRISTUS Health
Location: Irving
Posted on: January 12, 2021

Job Description:

DescriptionSummary: The Financial Analyst will be responsible for providing support to CHRISTUS facilities, functional corporate groups, senior leadership, and other affiliates through the design and implementation of Enterprise wide and regional Revenue Cycle data analysis and reporting. The primary function involves synthesizing data from multiple sources into clear, meaningful analysis. This involves assisting in identifying opportunities and supporting efforts related to the standardization of management reporting, benchmarking and data collection necessary to support both. Additional responsibilities include assisting in identifying, quantifying and prioritizing opportunities to improve net revenue realization and cash flow at the system level, the facility level and at a payor level as well as development of financial models and other analysis related to the development and implementation of solutions in revenue cycle areas. Supports and manages existing capabilities related to the standardization and consolidation of daily/weekly/monthly reporting revenue cycle reporting Assist in the standardization of goal setting and productivity and performance monitoring Collects, synthesizes and communicates relevant information through the system to support strategies Facilitates development and implementation plans to enable the effective benchmarking and comparative reporting of key revenue cycle metrics Performs financial opportunity assessments for hospitals to identify opportunities to improve revenue cycle performance Supports strategic plan to focus efforts and resources on high priority areas to improve cash flow and net revenue realization throughout the system Assists in development of plans to implement strategies and measure the results of the implemented strategies Serves business units through analysis of how the value of initiatives and services can be optimized across the system Assists in creating and monitoring models that link strategies to measures of performance (financial and non-financial) that ensure successful implementationProvides analysis capabilities, information and tools to operations to enhance skills in detecting both current and future performance issues Cultivates internal relationships at the corporate and facility level to gain support and participation in initiatives.Cultivates external relationships to gain new knowledge and competencies Conforms with and abides by all regulations, policies, work procedures, and instructionsAnalyzes and prepare special projects as needed Other duties as assigned Requirements: 1-3 years of relevant experienceHealthcare experience preferredBachelor?s Degree (required)Advanced Degree such as MBA (preferred)Proficiency with Excel, Word and database tools. (required)Advanced experience with Microsoft Excel and Access (e.g. database creation, manipulation and reporting) or SQL (e.g. database creation, manipulation and querying). (required)Financial analysis and/or consulting within Healthcare Industry. (preferred)Excellent communication skills; ability to interact with numerous facilities and facility departments. (required)Strong project management and problem solving skills. (required)Strong accounting foundation required and familiarity Revenue Cycle relationship with a financial statements. (preferred)Ability to work independently, achieve tight deadlines and take initiative on multiple projects. (required) Work Type: Full Time

Keywords: CHRISTUS Health, Irving , Revenue Cycle Financial Analyst, Professions , Irving, Texas