What are the responsibilities and job description for the Sr Financial Analyst position at Health Alliance?
Job Description
UC Health is hiring a Full Time Sr. Financial Analyst
This position oversees Operational Effectiveness at the hospital focusing on productivity, benchmarking process and revenue integrity/charge assurance processes. This position works with directors and staff to ensure ongoing communication and efforts to achieve organizational goal for financial performance, provides strategic leadership across the organization to ensure sharing of best practices internally and also externally with compare group participants to significantly impact University Cincinnati Medical Center key results areas, specifically labor, supplies costs and effective charge capture. This position will be instrumental in continually strengthening the culture of process improvement to "best-in-class" standards to meet organizational financial objectives.
About UC Health
UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.
Responsibilities
At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering.
As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors. UC Health is committed to providing an inclusive, equitable and diverse place of employment.
UC Health is hiring a Full Time Sr. Financial Analyst
This position oversees Operational Effectiveness at the hospital focusing on productivity, benchmarking process and revenue integrity/charge assurance processes. This position works with directors and staff to ensure ongoing communication and efforts to achieve organizational goal for financial performance, provides strategic leadership across the organization to ensure sharing of best practices internally and also externally with compare group participants to significantly impact University Cincinnati Medical Center key results areas, specifically labor, supplies costs and effective charge capture. This position will be instrumental in continually strengthening the culture of process improvement to "best-in-class" standards to meet organizational financial objectives.
About UC Health
UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.
Responsibilities
- Monitors trends in productivity tracking and benchmarking processes as well as coordinates change in processes as appropriate.
- Coordinates hospital productivity tracking process.
- Acts as project coordinator for the Action OI benchmarking program including quarterly data submissions, analysis of results, integration of results into operational plans, and reporting to senior leadership.
- Assists directors in evaluating processes for development and implementation of ideas to improve productivity and cost effectiveness.
- Monitors compliance with budget and industry benchmarks using productivity management tools including Action OI, EPSi, and APi to support weekly, monthly and quarterly reporting.
- Develops and manages internal productivity reporting calendar.
- Coordinates hiring control task force and evaluates all new hire and replacement positions for compliance with departmental and organizational benchmarking goals.
- Presents list of requisitions to senior leadership weekly with financial metrics for the requesting department.
- Supports senior leadership in approval process.
- Develops initiative to streamlined position approval process.
- Oversees the development of the labor budget input consistent with targets as determined by the benchmarking process, and supports communication of pertinent changes to departments.
- Oversees hospital revenue integrity process related to charge capture.
- Bachelors degree in Business or related field required.
- MBA or MHA preferred.
- Three to five years of progressive management responsibility will be considered.
At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering.
As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors. UC Health is committed to providing an inclusive, equitable and diverse place of employment.
