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The Revenue Cycle Compliance Analyst supports the Hospice RCM team by auditing and ensuring compliance throughout all revenue cycle processes. This role is responsible for identifying areas of improvement by auditing for billing with regulations and policies and recommending solutions to optimize revenue while maintaining strict adherence to federal state and industry standards. Perform hospice revenue cycle key performance indicators (KPI) to track financial health and operational efficiency.
JOB DUTIES/RESPONSIBILITIES:
Promotes and practices the Empath mission and values and follows all policies and procedures of Empath Health.
Data analysis & reporting by analyzing data sets to uncover compliance risks across the revenue cycle (billing collections) translating findings into actionable insights for decision-making and process improvement
Regulatory compliance by staying updated on healthcare regulations particularly those related to Medicare assesses their impact on the organization and translates complex information into clear summaries to the RCM team
Providing training and education to revenue cycle staff and process improvements best practices and regulatory changes
Collaboration with the various team leaders (billing coding payment posting IT compliance) to ensure optimal revenue cycle performance and integration across functions.
Develop and track KPIs to measure the effectiveness of revenue cycle initiatives.
Performs other duties as assigned
POSITION QUALIFICATIONS/REQUIREMENTS:
Bachelors degree in finance healthcare administration or related field preferred.
3-5 years of experience in revenue cycle management financial analysis within a healthcare setting with experience in a hospice setting being particularly valuable.
Strong analytical problem-solving and communication skills.
Proficient in Microsoft MS 365 (Specifically Word Excel and PowerPoint. Experience with software such as Allscripts Netsmart Homecare Home Base. ECQ tableau and financial reporting dashboards.
Empath Health values diversity as it strengthens our community and care. We embrace the diversity of cultures thoughts beliefs and traditions of our employees volunteers and people we are honored to serve across our network. Our diverse staff reflects our community and each day we work to be respectful sensitive and competent with each other and those in our every journey we are dedicated to achieving comfort dignity and exceptional care. Those of all backgrounds are welcome and encouraged to apply with us or seek our care and services.
Our commitment to patient client staff and volunteer safety is a cornerstone of a High Reliability Organization with a focus on zero harm. Participation in the seasonal influenza program is a condition of employment and a requirement for all Empath Health employees.
Providing compassionate full life care is an honor we take seriously at Empath Health. Join our team and make a positive impact in the community!
Required Experience:
IC
Full-Time