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Company Name:
BioScrip
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Location:
Denver, Colorado
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Industry:
Medical and Nursing
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Manager of Data Analytics

BioScrip, Inc. is one of the nation's leading specialty and home infusion companies! Our focus is clinical excellence and improving the quality of our patients' lives. With approximately 2,500 employees able to service 46 states, BioScrip has externally-qualified Centers of Excellence built around specific clinical conditions and therapies, as well as Ambulatory Infusion Centers around the country. Ours is a fast-paced dynamic work environment with room for new ideas and opportunities for career advancement. We offer a wide array of employee benefits as well as Tuition Reimbursement, an Employee Referral Program, and a 401(k) Retirement Savings.

Manager of Data Analytics

SUMMARY:

Support, oversee and manage the performance and productivity as it relates to analytics activities and business reporting needs related to Revenue Cycle Management and interaction with the financial group.

ESSENTIAL FUNCTIONS

To perform this job successfully, an individual must be able to perform each essential function satisfactorily, with or without reasonable accommodation.

  • Supervise financial, business intelligence,and data analytics team.
  • Evaluate payer reimbursement trends and system modifications to drive increased cash collections and reduce denials and bad debt.
  • Recommend and execute revenue recovery projects and activities.
  • Generate financial and statistical reporting by obtaining data from disparate sources ensuring the applicability and accuracy of the information.
  • Re-evaluate system functionality and staff usage to identify opportunities for improved efficiency through optimized processes and additional automation.
  • Develop project plans and monitor project completion for patient accounting system changes and upgrades.
  • Mentor employees, conduct performance evaluations, counsel and provide disciplinary actions to assigned personnel, and works to facilitate individual and team development that drives positive results.
  • Develop and monitor reporting tools to track key performance indicators (KPIs), (e.g., A/R, DSO, Cash Collections).
  • Provide regular analysis of cost and performance of outsourcing vendors (e.g., billing and collections agencies, off-site storage suppliers, real estate property and equipment leasing companies)
  • Analyze current and past trends in Key Performance Indicators, including: billing, payment sources, cash collections, productivity, A/R and DSO. Suggest initiatives to improve key metrics.
  • Develop in-depth intimacy with RCM functions and operations, including the flow of cash (by day/week of month, typical problems and issues).
  • Respond to queries from Operations and Finance/Accounting with appropriate analysis and executive-level communications, regarding specific performance indicators, payer mix, cash collections, and other issues.
  • Develop and continuously refine cost accounting methodology and system, identify and capture all related costs and apportion them appropriately. Make adjustments for changes in systems or work flow which impact productivity and costs.
  • Communicate overall cash goals and priorities for the management team. Monitor changes in priorities and the resulting maximization of revenue. Ensure appropriate follow-through.
  • Monitor and manage labor costs, inventory levels and production planning for designated departments. Optimize productivity while avoiding unnecessary costs such as excess overtime.
  • Oversee preparation of necessary materials for various audits and work with outside auditors and regulatory representatives.
  • Participates in initiatives to develop new approaches to streamline existing processes, reorganize work, implement new technologies, and improve resource utilization, with a focus on best cost methods.
  • Adhere to all company policies and procedures.
  • Perform other duties as assigned.
EDUCATION, TRAINING AND EXPERIENCE REQUIREMENTS
  • Bachelor's degree or equivalent progressive financial and data analytics experience.
  • 5 - 7 years analytics experience in healthcare or services industries.
  • 2 years solid management experience with people and processes.
  • Experience with database query language and software such as Excel, MS Access, and/or Tableau.
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED
  • Excellent communication skills both on the telephone and personally.
  • Must be able to perform high level math.
  • Must be able to manage multiple projects at once with strong problem solving skills.
  • Strong analytical skills required.
  • Proficiency with data analytical tools and spreadsheet programs is required.
  • Experience working with patient accounting systems preferred.
BioScrip is an equal opportunity employer. All employment decisions are made without regard to age, color, race, ancestry, national origin, disability, genetic information, military status, religion, creed, sex, pregnancy, childbirth, marital status, citizenship, sexual orientation, gender identity, gender expression, legally protected medical condition, or any other basis prohibited by applicable law. Background checks and drug screens are part of our hiring process. Affirmative Action/Equal Opportunity Employer, Minority/Female/Disabled/Veteran.


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