Nursing Business Operations Analyst

The Ohio State University

About The Position

The Business Operations Sr. Analyst for Hospital Division Inpatient Nursing at The Ohio State University Wexner Medical Center provides comprehensive business oversight and decision support for Inpatient Nursing cost centers across University Hospital and Ross Heart Hospital. The role supports strategic growth plans and operational, financial, administrative, facilities, outreach, and other business activities across the medical center. As a member of the Nursing Business Office, the analyst partners with Nursing leaders to translate budgets and operational metrics into actions, promote resource stewardship, and support the financial viability of programs and the hospital while advancing the organization’s research, education, and patient-care missions. The analyst monitors the department’s financial and operational performance and provides business analytics and oversight. The work includes budget development and performance monitoring, month-end close support, variance analysis and action plans, capital requests, reporting, forecasting, labor productivity and staffing analysis, position control, revenue-cycle support, contract management, project and strategic-planning support, governance and compliance, capital planning, audit coordination, operational metrics and dashboards, and resource-stewardship initiatives. The analyst identifies financial opportunities and issues and implements improvements to enhance department operations and sustainability. The role aligns and operationalizes clinical, academic, and research activities with OSUWMC goals and initiatives through interdisciplinary collaboration. It also builds effective relationships with clinical and non-clinical staff, administrators, and business operations teams; supports patient and staff satisfaction and team development; and participates in professional organizations and workgroups.

Requirements

Bachelor’s degree from an accredited school.
Four years of experience in business operations, finance, accounting, process improvement, project facilitation, nursing, and/or other relevant experience.

Nice To Haves

Four to eight years of relevant experience preferred.

Responsibilities

Monitor department financial performance, including budget development and performance, month-end close support, variance analysis, action plans, and ongoing forecasting and trend analysis.
Prepare and support capital requests and Strata variance management reporting.
Monitor labor productivity and staffing performance in relation to volume, analyze premium utilization, and develop and maintain cost-center staffing models.
Manage position control, including preparing hiring justification forms, assessing budget impacts, conducting position-control reviews and cleanup, and monitoring approved versus budgeted FTEs.
Support revenue-cycle activities, including charge capture and reconciliation.
Manage service letter agreements (SLAs) and memoranda of understanding (MOUs).
Provide project, operational, and strategic-planning support.
Ensure department compliance with financial policies and procedures and coordinate audits and compliance activities.
Maintain asset inventories and replacement schedules and develop capital requests.
Develop and support operational metrics, tools, and dashboards.
Identify financial opportunities and issues and implement improvements to department operations and sustainability.
Advance resource-stewardship initiatives and support other department-specific administrative and operational management matters.
Align and operationalize clinical, academic, and research activities with OSUWMC goals and initiatives through interdisciplinary collaboration.
Maintain effective working relationships with department staff, administrators, and interdisciplinary and business operations teams, and collaborate across OSUWMC on fiscal and analytics oversight.
Support an environment conducive to patient and staff satisfaction, team development, and professional growth.
Participate in professional organizations and workgroups to promote the organization externally.