Overview
Reporting to the Director of Financial Planning, the Manager of Volume and Revenue Analytics is responsible for overseeing the hospital’s volume and revenue analytics function. This role manages all financial reporting and budgeting related to hospital volume and gross charges, collaborating with the Reimbursement team to analyze net revenue trends. Operating with a high degree of autonomy, the Manager defines analytical standards, methodologies, and frameworks to ensure accuracy and integrity of financial outputs. The position serves as a strategic partner to executive leadership by translating complex financial models into actionable insights that guide resource allocation, growth planning, and scenario modeling. Additionally, the Manager oversees EPIC charge routing and gross charge optimization, ensuring accurate data flow into systems such as Strata, Laborlytics, and Tableau.
Responsibilities
- Direct the annual hospital volume and gross charge budget process, coordinating inputs from multiple departments and establishing core statistical drivers for short- and long-term institutional planning.
- Oversee and validate daily, weekly, and monthly statistical reporting for executive leadership and external stakeholders, ensuring data integrity and analytical accuracy.
- Develop and maintain complex financial models for forecasting, profit and loss statements, and scenario planning; own the methodology and assumptions used for institutional decision-making.
- Analyze and interpret budget variances including rate, mix, and volume to provide senior management with context on performance drivers and operational impacts.
- Establish and document Standard Operating Procedures (SOPs) and data manuals to ensure consistency in reporting, prioritize team workload, and define analytical quality standards.
- Partner with Operations and Information Technology Services (ITS) to optimize resource utilization (e.g., room utilization) and ensure integrity of volume metrics within systems like Strata and Tableau.
- Produce detailed volume and revenue forecasts for new initiatives, conducting market research and risk assessments to support strategic growth decisions.
- Communicate findings to cross-functional stakeholders by summarizing complex data into executive-level presentations highlighting trends, mitigation strategies, and financial returns.
Required Education and Experience
- Bachelor’s degree in finance or a related field.
- Minimum of five years of experience in financial analysis, data analytics, or management consulting.
- Demonstrated experience managing analytics projects and large datasets, or an equivalent combination of education and experience.
Knowledge, Skills, and Abilities
- Proficiency in Microsoft Excel, Word, Access, PowerPoint, and SQL.
- Ability to build and maintain complex financial models and conduct detailed variance analysis.
- Experience managing large datasets and maintaining data integrity across multiple financial systems.
- Strong capability to translate complex data into clear narratives for executive-level presentations and operational stakeholders.
- Ability to prioritize a high volume of deliverables and drive projects to completion in a fast-paced environment.
- Capacity to operate with limited guidance and make sound analytical decisions based on assumptions or incomplete information.
- Collaborative and creative approach to resolving complex financial or operational challenges.
- Effective teamwork skills working with cross-functional teams including Finance, ITS, and Clinical Operations.
Compensation and Benefits
- Salary range: $97,500.00 to $141,500.00 annually.
- Salary offers consider education, experience, skills, certifications/licensures, business needs, internal equity, and market competitiveness.
- Comprehensive benefits package including medical, dental, vision, pharmacy coverage.
- Discretionary annual bonuses and merit increases.
- Flexible Spending Accounts and 403(b) savings matches.
- Paid time off and career advancement opportunities.
- Resources to support employee and family well-being.
Note: Salary range is based on Boston-area data and may be adjusted based on geographic location.
Location
Position is based in the Boston area.
This employer is an Equal Opportunity Employer and welcomes applications from individuals with disabilities and veterans.