Financial Performance Analyst 3 - Revenue Cycle

Inova Health System; West Falls Church (VA); Remote; USD 65,000 - 100,000; Full time

Job summary

An innovative healthcare leader is seeking a Financial Performance Analyst to enhance revenue cycle efficiency through data analysis and collaboration. This full-time remote role involves analyzing financial trends, developing reports, and ensuring data integrity. The ideal candidate will have a strong background in finance and analytics, with proficiency in tools like PowerBI and T-SQL. Join a forward-thinking organization that values team member health and offers comprehensive benefits, including tuition assistance and mental health support. If you're passionate about improving healthcare financial performance, this is the opportunity for you.

Benefits

Medical, Dental, and Vision Coverage

Retirement Matching

Tuition Assistance

Mental Health Support

Flexible Work Schedules

Paid Time Off

Paid Parental Leave

Qualifications

• 3 years of experience in Analytics, Finance, Accounting, or Statistics.
• Bachelor's degree or equivalent operational experience.

Responsibilities

• Collaborates with various departments on financial projects.
• Analyzes financial data for improvement opportunities.
• Develops reports and ensures data integrity.

Skills

Financial Analysis

Data Analysis

Report Logic Development

Process Design

Data Validation

Project Implementation

Excel Skills

T-SQL

PowerBI

Education

Bachelor's Degree

4 years of additional experience

Tools

Epic Single Billing Office (SBO)

Strata

HPM

Job description

Inova Health is looking for a dedicated Financial Performance Analyst 3 - Revenue Cycle to join the Team. This remote role will be full-time day-shift working Monday - Friday.

The Financial Performance Analyst 3 - Revenue Cycle works with leadership and other health system teams on routine and ad-hoc projects spanning across service lines and divisions. Analyzes financial trends (moderate to complex) for improvement and efficiency opportunities. Assists with a broad range of financial and analytical functions, including but not limited to: report logic development, process design, project implementation, data gathering, data validation, and reporting processes for internal and external financial analytics reporting. Reviews processes and maintains data integrity of selected data sources and applications.

Inova is consistently ranked a national healthcare leader in safety, quality and patient experience. We are also proud to be consistently recognized as a top employer in both the D.C. metro area and the nation.

Featured Benefits:

• Committed to Team Member Health: offering medical, dental and vision coverage, and a robust team member wellness program.


• Retirement: Inova matches the first 5% of eligible contributions - starting on your first day.


• Tuition and Student Loan Assistance: offering up to $5,250 per year in education assistance and up to $10,000 for student loans.


• Mental Health Support: offering all Inova team members, their spouses/partners, and their children 25 mental health coaching or therapy sessions, per person, per year, at no cost.


• Work/Life Balance: offering paid time off, paid parental leave, flexible work schedules, and remote and hybrid career opportunities.

Financial Performance Analyst 3 - Revenue Cycle Job Responsibilities:

• Collaborates with operational service line leaders, Finance, Information Technology, Analytics and other departments on routine and ad-hoc projects.


• Analyzes moderate- to complex data sources containing financial data, costs, revenue trends, and performance metrics for areas of opportunities and proposes recommendations for improvement and efficiency.


• Develops and tests of reports and analyses from various sources (e.g. financial ERP, electronic health records, benchmark tools).


• Develops report logic, process design and implementation of projects and processes (e.g. cost accounting).


• Conducts data gathering and reporting of financial and statistical metrics on state and external surveys (e.g. VHI, AHA).


• Reviews processes and projects to ensure proper data definitions are defined and data integrity is upheld throughout all reports and dashboards.


• Works with Data Management & Business Intelligence team to ensure accurate and timely financial reporting to internal stakeholders and external partners.

Financial Performance Analyst 3 - Revenue Cycle Additional Requirements:

• Work Schedule: Monday - Friday, remote


• Education: Bachelor's degree or 4 additional years of experience in addition to the minimum experience required


• Experience: 3 years in Analytics, Finance, Accounting, Business, Statistics, related field or equivalent operational experience.

Financial Performance Analyst 3 - Revenue Cycle Preferred Qualifications:

• Experience in financial and revenue cycle analytics & modeling with the ability to demonstrate the link between payer performance, net revenue to income statement benefit preferred


• Experience with operational root cause analysis and write-offs preferred


• Professional Billing Finance experience preferred


• Epic Single Billing Office (SBO) experience preferred


• Strata and/or HPM experience preferred


• Experience working with PowerBI, T-SQL, and expert Excel skills preferred

This position is eligible for remote work for candidates residing in the following states - VA, MD, DC, DE, FL, GA, NC, OH, PA, SC, TN, TX, WV.