Senior Revenue Analyst
Job Location:
Somerville, NJ - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
Job Summary
The Senior Revenue Analyst is responsible for analyzing reporting and optimizing revenue to support financial objectives. Ensures accurate billing identifies revenue enhancement opportunities and collaborates with departments to streamline revenue cycle processes and reduce discrepancies in claims and reimbursements.Essential Functions:
-Analyzes revenue cycle data to identify trends variances and areas for improvement.
-Collaborates with billing and claims teams to address revenue discrepancies and optimize billing accuracy.
-Prepares financial reports detailing revenue performance payer reimbursement rates and claims processing outcomes.
-Monitors key performance indicators (KPIs) for revenue cycle activities and identifies process improvement opportunities.
-Ensures compliance with billing regulations payer requirements and reimbursement guidelines.
-Develops and maintains revenue forecasting models to aid in strategic planning.
-Conducts root cause analysis of denied claims and collaborates with departments to implement corrective actions.
-Assists in the development and implementation of revenue policies and procedures to ensure consistent and effective practices.
-Liaises with departments to ensure seamless integration of revenue cycle processes with operational practices.
Qualifications
Education
Bachelors Degree in Finance Accounting Healthcare Administration or related field of study required
Equivalent experience may be accepted in lieu of a degree
3 years of experience required in revenue cycle analysis billing claims processing or financial analysis in a healthcare setting
Skills for Success
Proficiency in revenue cycle management and data analysis tools.
Advanced Excel skills and familiarity with billing software and revenue management systems.
Strong problem-solving abilities and attention to detail.
Excellent communication and collaboration skills to work across departments.
Knowledge of billing regulations reimbursement guidelines and claims management practices.
Working Model Requirements
Remote working schedule requires a stable secure quiet compliant workstation
M-F eastern business hours required
Additional Job Details (if applicable)
Remote Type
Work Location
Scheduled Weekly Hours
Employee Type
Work Shift
Pay Range
$79560.00 - $115720.80/AnnualGrade
7EEO Statement:
Mass General Brigham Competency Framework
At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.
Required Experience:
Senior IC
About Company
Patients at Mass General have access to a vast network of physicians, nearly all of whom are Harvard Medical School faculty and many of whom are leaders within their fields.
