Nursing Business Operations Analyst

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Job Title:

Nursing Business Operations Analyst

Department:

James | Business Operations

The Business Operations Sr. Analyst, Hospital Division Inpatient Nursing (the “Department”) of the Ohio State University Wexner Medical Center (“OSUWMC”) provides comprehensive oversight of the Department including decision support and implementation of strategic growth plans, operational, financial, administrative, facilities, outreach and other business activities across OSUWMC. The Business Operations Sr. Analyst is a member of the Nursing Business Office that supports the Nursing Department across the OSUWMC enterprise.

The Business Operations Sr. Analyst monitors and influences the financial and operational performance and direction of the Department and promotes resource stewardship. They are responsible for partnering with Nursing leaders in developing and translating financial budget and operational metrics into meaningful action for the Department. The Business Operations Sr. Analyst works with all members of the Department to promote OSUWMC’s tripartite mission of excellence in research, education, and patient care while ensuring the financial viability of the programs and hospital.

The Department encompasses all Inpatient Nursing cost centers across University Hospital and the Ross Heart Hospital. The Business Operations Sr. Analyst reports to the Nursing Business Office Manager.

The Business Operations Sr. Analyst serves as a dedicated business resource to guide and provide administrative and decision support for the Department. The position is responsible for business analytics and oversight for the Department, including:

• Financial Performance Monitoring: budget development and performance, month end close support, variance analyses and action plans to improve financial results capital requests, Strata variance management reporting and on-going forecasting and trends analysis;
• Labor Productivity: monitor labor productivity metrics and staffing performance/flexing to volume, analyze premium utilization, develop/maintain cost center staffing models;
• Staffing & Position Control: position control management, including preparing hiring justification forms and assessing budget impact of requests, conducting position control reviews/clean-up and monitoring approved versus budgeted FTEs;
• Other financial/operations support:
  • Revenue cycle: charge capture and reconciliation
  • Contract management: service letter agreements (SLAs) and memorandum of understandings (MOUs);
  • Project/operational and strategic planning support;
  • Governance/compliance: ensure Department compliance with financial policies and procedures
  • Capital Planning & Management: maintain inventory of assets and replacement schedules, develop capital requests;
  • Audit coordination and compliance;
  • Operational metrics, tools, and dashboards;
  • Resource stewardship initiatives;
  • All other administrative and operational management matters specific to the Department.

The Business Operations Sr. Analyst identifies financial opportunities and issues and implements improvements that will enhance Department operations and sustainability. The Business Operations Sr. Analyst develops, aligns, and operationalizes the Department’s clinical, academic, and research activities to support the overall OSUWMC goals and to ensure the implementation of key OSUWMC initiatives through interdisciplinary collaboration.

The Business Operations Sr. Analyst promotes an environment that facilitates patient and staff satisfaction and a culture that is conducive to team development and professional growth. The Business Operations Sr. Analyst develops and maintains effective working relationships with Department clinical and non-clinical staff, administrators, and the other members of the interdisciplinary Department and Business Operations teams. The Business Operations Sr. Analyst collaborates across OSUWMC with other administrators, leaders and staff to provide fiscal and analytics oversight and expertise within Hospital Division Inpatient Nursing across the health system. The Business Operations Sr. Analyst participates in professional organizations and workgroups to promote the image of the organization externally.

Minimum Qualifications

For Hire: Bachelor’s degree from an accredited school required. Four years' experience with business operations, finance, accounting, process improvement, project facilitation, nursing and/or other relevant experience required. 4-8 years of relevant experience preferred.

Additional Information:

Location:

Ackerman Rd, 660 (0242)

Position Type:

Regular

Scheduled Hours:

40

Shift:

First Shift

Thank you for your interest in positions at The Ohio State University and Wexner Medical Center. Once you have applied, the most updated information on the status of your application can be found by visiting the Candidate Home section of this site. Please view your submitted applications by logging in and reviewing your status. For answers to additional questions please review the frequently asked questions.

The university is an equal opportunity employer, including veterans and disability.