Sr. Financial Performance Analyst - Revenue Cycle

Inova Health System; West Falls Church (VA); Remote; USD 70,000 - 110,000; Full time

Job summary

An established industry player seeks a dedicated Sr. Financial Performance Analyst to enhance financial performance through data analysis and reporting. This full-time remote role involves collaborating with various departments to analyze complex financial data, propose improvements, and develop insightful reports. The ideal candidate will possess a strong background in analytics and finance, with experience in tools like PowerBI and Excel. Join a team committed to excellence and innovation, where your contributions will drive significant impact across the organization.

Benefits

Medical, dental, and vision coverage

Retirement matching

Tuition and student loan assistance

Mental health support

Flexible work schedules

Paid time off

Paid parental leave

Qualifications

• Bachelor's degree or 4 additional years of experience required.
• 5 years in Analytics, Finance, Accounting, or related field.

Responsibilities

• Analyze complex financial data for improvement opportunities.
• Collaborate with various departments on ad-hoc projects.
• Develop and test reports from financial ERP and health records.

Skills

Data Analysis

Financial Analytics

Report Development

Process Design

Statistical Analysis

Education

Bachelor's Degree

5 years in Analytics or Finance

Tools

PowerBI

T-SQL

Excel

Epic Single Billing Office

Job description

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

The Sr. Financial Performance Analyst - Revenue Cycle serves as the senior data analyst for the Financial Performance Analytics department. Analyzes financial trends (complex) for improvement and efficiency opportunities. Works with leadership and other health system teams on system-wide and ad-hoc projects spanning across service lines and divisions. Serves as financial resource in report logic development, process design, and project implementation. Leads data gathering, data validation, and reporting processes for internal and external financial analytics reporting.

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.

Sr. Financial Performance Analyst - Revenue Cycle Job Responsibilities:

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


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


• Assists in the preparation of written reports and/or oral presentations on projects to internal audiences, service line and executive leaders, and external audiences (as necessary).


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


• Serves as financial analytics resource for development of report logic, process design and implementation of medium- to complex projects and processes (e.g. cost accounting).


• Leads 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.

Sr. Financial Performance Analyst - 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: 5 years in Analytics, Finance, Accounting, Business, Statistics, related field or equivalent operational experience

Sr. Financial Performance Analyst - 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.