Business Data Analyst- Hospital Finance
1 week ago
Key Responsibilities:
- Data Analysis & Reporting: Collect , validate and analyze hospital financial, clinical and operation data. Develop MIS dashboard and reports for management review. Provide insights on revenue, cost, utilization, and efficiency trends.
- Financial Analysis & Costing: Support hospital costing, service - line profitability, and break - even analysis. Monitor revenue cycle performance (billing, collections, TPA/ Insurance). Perform variance analysis against budgets and forecasts.
- Business Intelligence & Decision Support: Use computational/ Statistical methods to model hospital performance (e.g. Cost per surgery, occupancy forecasting). Provide recommendation on pricing, cost optimization, and resource allocation. Assist management in preparing Annual operating Plans (AOP)
- Systems & Process Support: Work with IT/ HMIS teams to design automated reporting tools. Ensure data accuracy and integrity in hospital information systems. Support digital initiatives like predictive analytics and AI- driven insights.
Key Skills & Competencies
- Technical Competencies: Strong knowledge of accounting, costing and hospital finance principles. Advanced computational and statistical analysis skills (Excel, SQL, R/Pythone, Power BI/ Tableau). knowledge of hospital revenue cycle management and costing methodologies. Familiarity with Hospital Information Systems (HIS/HMIS)
- Analytical Competencies: Ability to translate complex data into actionable insights. Strong problem -solving and quantitative reasoning skills. Proficiency in scenario analysis, forecasting and financial modelling.
- Behavioral Competencies: Detail-orientated with high accuracy in data handling. Strong communication and presentation skills. Collaborative and cross-functional working style.
- Ability to handle multiple priorities and meet deadlines.
Qualifications:
- Bachelor`s Degree in Accounting / Commerce / Finance/ Statistics / Economics.
- Master in finance / Hospital Administration (MHA)/ Business Analytics preferred.
- Professional Certification (CA/ ICWA/CFA/ CPA or equivalent) in an added advantage.
- Experience in healthcare / Hospital industry strongly preferred.
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