Revenue Cycle Analyst

Freed Maxick has recently been named one of Accounting Todays 2024 Best Accounting Firms to Work For a testament to the outstanding culture and collaborative environment that our employees have helped to create. This prestigious recognition driven by our teams feedback showcases our commitment to fostering a supportive and innovative workplace where our professionals can thrive.

At Freed Maxick we take pride in building a firm that not only celebrates our past successes but also looks forward to continued growth and excellence. When you join us youre not just taking a jobyoure becoming part of a team recognized for creating one of the best work environments in the industry.

Ready to take the next step in your career Apply today and discover what makes Freed Maxick a place where you can truly thrive.

We are excited to offer fulltime remote or hybrid opportunities for highly skilled Revenue Cycle Analysts within the Revenue Cycle Services team of Freed Maxicks thriving Healthcare Consulting Practice. The Revenue Cycle Services team works closely with the executive and senior leadership of healthcare providers including large integrated delivery systems community hospitals physician practices longterm care facilities hospice / palliative care agencies human service agencies and other specialty providers to effect positive financial transformation. Given the challenging economic landscape in the healthcare industry our clients are continuously seeking opportunities to improve their financial position to ensure long term sustainability relative to the services they provide to their communities.

Freed Maxicks Healthcare Consulting Practice has over 30 team members dedicated to providing services and solutions to clients with a primary focus on the following lines of service: Financial Transformation Revenue Cycle Reimbursement Financial Consulting and Business Intelligence.

The ideal Revenue Cycle Analyst candidate will have a strong understanding of key performance indicators (KPIs) and metrics with experience analyzing processes and data that influence these metrics. Experience in revenue cycle operations such as patient access billing A/R or denials management is required.

Direct experience working within a provider setting is highly preferred for this position.

This position requires high degree of collaboration and engagement with internal Healthcare Consulting Practice team members and client stakeholders.

About The Position

The Revenue Cycle Analyst will be responsible for supporting client engagements primarily in the Revenue Cycle team but may also work with one or more service areas within our Healthcare Consulting Practice. Our Revenue Cycle Analysts are exposed to a wide variety of engagements and are provided tremendous opportunities to learn and advance.

Key Responsibilities:

• Manipulate and analyze large data sets while collaborating with subject matter experts to interpret analysis to identify observations and provide recommendations. Example datasets include patient encounter data procedure level data billing statements / transactions accounts receivable data claim / denial data etc.
• Identify and implement strategies to effectively validate data inputs and analysis results to ensure integrity
• Prepare report deliverables to summarize data analysis findings in a format to drive decisionmaking. This may include creating accounts receivable aging reports discharged not final billed reports denial management reports as well as determining the best format to present data that does not fit into a traditional format
• Engage with stakeholders at all levels including senior executives to understand objectives and the analytical support required to achieve these objectives
• Work with frontline staff of clientele to understand current revenue cycle processes and identify opportunities for improvement
• Assesses current state processes while making recommendations for enhancements including redesigning and documenting supporting workflows and processes
• Working with subject matter experts develop and assist in the implementation of detailed project work plans to execute against initiatives identified from data driven analysis
• Develop data models and tools to support ongoing performance monitoring of implemented initiatives
• Participate in the development and delivery or presentations to client stakeholders
• Identify and escalate project issues and risks to engagement leaders regarding scope schedule budget and deliverables.

What We Are Looking For

• Bachelors Degree in Business Administration Finance Accounting Health Informatics or related field
• Masters in Business Administration or Masters in Healthcare Administration preferred but not required
• 2 10 years of professional experience in revenue cycle analysis within a healthcare provider setting (hospital nursing home physician practice behavioral health etc. or in a consulting role
• Strong project management fundamentals
• Ability to work with large data sets
• Intermediate to advanced Excel skills required (pivot tables look ups etc.
• Proficient with MS Office Suite
• Excellent communication and listening skills
• Analytical and problemsolving skills to perform root cause analysis and resolve complex business issues
• Ability to work in a fastpaced dynamic and constantly changing environment
• Ability to stay up to date with industry trends market challenges and emerging technologies that could impact the organizations performance.
• Ability to travel to client locations based on needs and work effectively in a virtual/remote setting
• Relevant certifications a plus (CPC CRCR CCS RHIA CAPM PMP etc.

What Freed Maxick Offers

• Hybrid work environment and unique sociable culture
• An attractive and competitive compensation and benefit package
• Annual performance bonuses and competitive compensation adjustments tied to performance
• An incentive program for new business and referral bonuses for introducing potential new employees
• Career growth including promotion and advancement opportunities
• The ability to design your own career path with the input from your designated Performance Advisor and our Manager of Learning and Development
• A friendly supportive and teambased work environment with the largest firm in WNY based on number of CPAs
• Ongoing education and learning opportunities to keep your technical skills sharp and your soft skills topnotch
• Flexible scheduling opportunities including MAX Flex and Flexible Work Week Programs
• Compensated time to volunteer in the community

The compensation for this role varies based on experience and falls within the range of $70000 to $90000. These salary ranges are for applicants based in Western New York. Consideration will be given to applicants outside of our geographic area with appropriate ranges provided based on location.

Apply today! We are looking forward to meeting with you!

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