Revenue Cycle Financial Analyst - Full Time
Revenue Cycle Financial Analyst - Full Time
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Key Responsibilities
- Revenue Cycle Analysis: Evaluate and optimize various components of the revenue cycle including patient registration billing collections and payment processing.
- Data Reporting: Create detailed financial reports dashboards and forecasts to monitor and improve key performance indicators (KPIs).
- Trend Identification: Analyze historical and real-time data to identify trends inefficiencies and opportunities for revenue improvement.
- Collaboration: Work closely with revenue cycle staff clinical teams management and outsourcing organizations to address revenue cycle inefficiencies and recommend actionable solutions.
- Compliance: Ensure that all revenue cycle activities comply with applicable healthcare regulations including HIPAA and payer requirements.
- Denials Management: Identify denial trends identify root causes and work with the team to develop strategies to mitigate denials at their source.
- Process Improvement: Identify process enhancements to streamline workflows and reduce costs.
- Technology Utilization: Identify opportunities to leverage revenue cycle management systems and financial software to maximize operational efficiency.
Qualifications
- Bachelors degree in Finance Accounting Healthcare Administration or a related field. A Masters degree is a plus.
- 25 years of experience in healthcare revenue cycle management or financial analysis.
- Strong knowledge of healthcare billing coding systems (such as CPT ICD-10 and HCPCS) and payer requirements.
- Proficiency in financial modeling and data analysis tools such as Excel Tableau or similar platforms.
- Familiarity with electronic health record (EHR) and revenue cycle management systems (e.g. Epic Cerner or Meditech).
- Excellent problem-solving skills with a focus on data-driven decision-making.
- Strong communication and interpersonal skills to collaborate effectively with multidisciplinary teams.
- Knowledge of healthcare regulations including HIPAA and Medicare/Medicaid guidelines.
Preferred Skills
- Certification in healthcare management or finance such as CHFP CRCR or HFMA.
- Experience with Lean or Six Sigma methodologies for process improvement.
- Understanding of value-based care models and their impact on revenue cycles.
Benefits
- Competitive salary and performance incentives.
- Comprehensive health dental and vision insurance.
- 401(k) retirement savings plan with employer match.
- Paid time off and holidays.
- Professional development opportunities including certifications and training programs.
Required Experience:
IC
Employment Type
Full-Time
