Overview
This role involves supporting revenue cycle management through comprehensive financial data analysis and reporting. The Financial Analyst II will synthesize complex financial data from multiple sources to generate insights that inform decision-making at both facility and system levels. The position requires collaboration with senior leadership, corporate teams, and facility managers to identify opportunities for revenue enhancement, cash flow improvement, and operational efficiency.
Responsibilities
- Manage and support existing reporting capabilities related to revenue cycle metrics, ensuring data accuracy and timely delivery.
- Assist in standardizing goal setting, productivity tracking, and performance monitoring across facilities and corporate units.
- Collect, synthesize, and communicate relevant financial and operational data to support strategic initiatives and decision-making.
- Facilitate benchmarking and comparative analysis of revenue cycle performance metrics.
- Perform financial opportunity assessments to identify areas for revenue enhancement and cash flow improvement at hospital, facility, and payor levels.
- Support strategic planning by focusing efforts on high-priority areas to maximize revenue and cash flow.
- Develop and monitor financial models linking strategic initiatives to measurable financial and non-financial performance outcomes.
- Provide analytical tools and insights to operational teams to detect current and future performance issues and opportunities.
- Build and maintain internal relationships with corporate and facility teams to foster collaboration and support revenue cycle initiatives.
- Engage with external partners and industry sources to stay informed about best practices and emerging trends in healthcare finance.
- Ensure compliance with relevant regulations, policies, and procedures.
- Manage multiple tasks effectively using advanced computing skills and attention to detail.
- Participate as a proactive team member contributing to a positive and productive work environment.
- Prepare and analyze special projects as assigned to support continuous improvement efforts.
Requirements
- Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
- Minimum of 3 years of experience in healthcare finance, revenue cycle management, or related analytical roles.
- Proficiency in data analysis tools and software such as Excel, SQL, or Tableau.
- Strong understanding of healthcare revenue cycle processes, billing, coding, and reimbursement methodologies.
- Excellent problem-solving skills with the ability to interpret complex data and develop actionable insights.
- Effective written and verbal communication skills to present findings to diverse audiences.
- Ability to manage multiple priorities in a fast-paced environment and work collaboratively across teams.
Preferred Skills and Experience
- Financial analysis
- Revenue cycle management
- Data analysis
- Financial modeling
- Healthcare finance
- Reporting
Compensation & Benefits
The organization offers a comprehensive benefits package including competitive salary, health insurance, dental and vision coverage, retirement savings plans, paid time off, and wellness programs. Employees have access to professional development opportunities, tuition reimbursement, and a supportive work environment that encourages growth and advancement. Resources are provided to promote work-life balance and employee well-being.
Location
Not specified.