Senior Revenue Management Analyst

Trinity Health
Livonia, MI Full Time
POSTED ON 12/21/2023 CLOSED ON 12/23/2023

What are the responsibilities and job description for the Senior Revenue Management Analyst position at Trinity Health?

Employment Type:

Full time

Shift:

Day Shift

Description:

**Candidates with experience in wage index analyses, Medicare bad debt and Medicare DSH reimbursement preferred.**


Provides specialized technical and analytical support for an operational area of revenue management for the Unified Revenue Organization (URO) in Trinity Health. Work assignments are complex and responsible requiring a depth of knowledge in an area of specialization or field of concentration; strong analytical, investigative, interpolative and evaluative skills and the ability to contribute to and provide primary accountability for managing/leading small projects or portions of projects. Responsibilities include, but are not limited to, accessing databases and utilizing reporting tools to extract data, generate reports, perform data analysis and draft system/process improvement recommendations. Assignments may require interfacing with, gathering information from and making presentations to various levels of management and internal executive leaders. Serves as a subject matter expert and resource by providing guidance and problem/issue resolution to internal associates on matters impacting projects and day-to-day assignments.

**Candidates with experience in wage index analyses, Medicare bad debt and Medicare DSH reimbursement are preferred.**

POSITION PURPOSE

Provides specialized technical and analytical support for an operational area of revenue management for the Unified Revenue Organization (URO) in Trinity Health. Work assignments are complex and responsible requiring a depth of knowledge in an area of specialization or field of concentration; strong analytical, investigative, interpolative and evaluative skills and the ability to contribute to and provide primary accountability for managing/leading small projects or portions of projects.   Responsibilities include, but are not limited to, accessing databases and utilizing reporting tools to extract data, generate reports, perform data analysis and draft system/process improvement recommendations. Assignments may require interfacing with, gathering information from and making presentations to various levels of management and internal executive leaders.  Serves as a subject matter expert and resource by providing guidance and problem/issue resolution to internal associates on matters impacting projects and day-to-day assignments.

ESSENTIAL FUNCTIONS (Generic)

Knows, understands, incorporates and demonstrates the Trinity Health Mission, Vision and Values in leadership behavior, practices and decisions. 

Analyzes, evaluates and interprets data, processes, systems, policies, regulations and internal controls.  Conducts impact analyses and modeling, assesses trends, identifies risks, develops projections, determines opportunities and prepares detailed written summaries for management review and decision-making.

Utilizes integrated financial systems, relational databases, business intelligence and desktop analytical reporting tools to access data, develop detailed standard and ad-hoc reports and summaries in order to support department and URO projects and initiatives.

Participates in and serves as a subject matter resource in the development of process improvement initiatives which support business needs and enhance the performance of an operational area of revenue management.

Participates in defining project plans and goals; manages and/or leads small projects or portions of projects with limited impact.  Performs business case ROI, conducts business workflow mapping, impact analysis, applies actions steps, provides routine status reports and keeps management apprised ensuring project plans and deliverables are met.

Assists in identifying operational and financial metrics and provides appropriate interpretation and application of data. Designs, develops, implements and maintains systems that provide financial, statistical and operational information.

Supports the standardization of financial information systems, reporting tools, policies and procedures across   the URO.  Participates in the development and maintenance of URO standard data definitions and reporting methodologies. Develops, manipulates and utilizes large data sets; conducts system/data integrity and quality checks/audits; accesses applications and utilizes relational database management or systems administration methods and practices.

Interfaces with internal management, leaders, MO staff and stakeholders.  Serves as a Subject Matter Expert (SME) and resource possessing the latitude to gather and exchange information and providing guidance and problem resolution on complex, challenging and variable situations that demand deep analytical, interpretive and evaluative thinking.

Other duties as assigned.

Maintains a working knowledge of applicable Federal, State, and local laws and regulations, Trinity Health Corporate Integrity Program, Code of Ethics, as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical, and professional behavior.

MINIMUM QUALIFICATIONS

Bachelor’s degree in Business Administration, Finance, Accounting, Informatics or related field or an equivalent combination of education and related experience.

Five (5) to seven (7) years of progressively responsible operational or consulting experience in revenue management (e.g., reimbursement, payer contracting,  decision support, health information management).

Some knowledge and experience of the healthcare industry or hospital financial operations.

Advanced proficiency with Microsoft product suite (MS Word, Excel, Power Point, Access and Visio), financial systems/software, relational database management and business intelligence reporting tools.  Ability to utilize PC-based financial tools (i.e., spreadsheets, databases, graphics, etc.).

Must possess a high degree of analytical, quantitative, evaluative and problem-solving skills. 

Considerable knowledge and experience supporting and developing reporting and analytics for research, process improvement support and specific revenue management function. Ability to develop appropriate methods to collect, analyze and report data.

Strong attention to detail and organizational skills.  Demonstrated ability to manage multiple, concurrently running projects and adapt to changing deadlines, competing priorities and unexpected assignments.

Ability to work independently and with minimal supervision.  Ability to work in a team environment providing support to multiple positions. Ability to resolve problems and complete assignments accurately and promptly. 

Excellent oral and written communication skills.

Ability to manage/lead small projects or portions of projects.

Demonstrated ability to respect confidential and sensitive information, understanding and honoring lines of accountability and communication is essential.

Some knowledge of organization policies, procedures and processes.

Ability to operate in an ambiguous and matrix organizational structure.  Ability to operate in a highly autonomous self-directed manner under frequently changing structures, requirements and priorities.

Must be comfortable operating in a collaborative, shared leadership environment.

Must possess a personal presence that is characterized by a sense of honesty, Integrity, and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals, and values of Trinity Health.

PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS           

Must be able to set and organize own work priorities and adapt to them as they change frequently.

Must be able to travel to the various Trinity Health sites as needed.

Must possess the ability to comply with Trinity Health policies and procedures.

ESSENTIAL FUNCTIONS AND/OR MINIMUM QUALIFICATIONS ALSO INCLUDE THE BELOW AS STATED FOR EACH FUNCTIONAL AREA. (PREFERRED)

REIMBURSEMENT AND REVENUE MANAGEMENT

  • 5 to 7 years relevant experience (i.e., auditing, consulting, accounting, reimbursement systems in healthcare)

  • Some knowledge of project plan development, workflow analysis and change management/process improvement methodologies.

Our Commitment to Diversity and Inclusion
 

Trinity Health is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians across 25 states. Because we serve diverse populations, our colleagues are trained to recognize the cultural beliefs, values, traditions, language preferences, and health practices of the communities that we serve and to apply that knowledge to produce positive health outcomes. We also recognize that each of us has a different way of thinking and perceiving our world and that these differences often lead to innovative solutions.

Our dedication to diversity includes a unified workforce (through training and education, recruitment, retention, and development), commitment and accountability, communication, community partnerships, and supplier diversity.

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