Revenue Cycle Analyst
About The Position
Develops, generates, and audits various revenue, financial, statistical and/or quality reports surrounding the revenue cycle. These reports may include revenue cycle timeliness, administrative scorecards, charge lag, daily charge reports, cash receipts, insurance denials tracking reports, accounts receivable aging, scheduling statistics or other operational reports as needed. Develops charts, graphs, and numerical reports to display financial and statistical data. Monitors the revenue cycle processes and meets with the departments to suggest process changes to improve the quality/financial results. Analyzes accounts receivables and makes process improvement suggestions that may contribute to more effective, timely reimbursement and an efficient revenue cycle. Analyzes trends in data and may recommend operational improvements to revenue processes such as verification of insurance, pre-scheduling treatments, obtaining referrals, medical record coding, and insurance payment processes.
Requirements
- Bachelor's Degree in Business or related field.
- Typically requires 3 years of experience in business, finance, or accounting that includes experiences in preparing and/or reviewing health care financial statements.
- Proficient in Microsoft office (Excel, Word, and PowerPoint).
- The ability to learn new applications is needed.
- Ability to graphically display statistical data, create databases, manipulate data in spreadsheets, and generate reports from various databases.
- Excellent analytical, problem solving, and communication skills.
- Knowledge of third party regulations and the interrelationship with the financial reimbursement.
- Must be able to lift up to 10 lbs occasionally.
- Exposed to a normal office environment.
- Operates all equipment necessary to perform with job.
Responsibilities
- Develops, generates, and audits various revenue, financial, statistical and/or quality reports surrounding the revenue cycle.
- Develops charts, graphs, and numerical reports to display financial and statistical data.
- Monitors the revenue cycle processes and meets with the departments to suggest process changes to improve the quality/financial results.
- Analyzes accounts receivables and makes process improvement suggestions that may contribute to more effective, timely reimbursement and an efficient revenue cycle.
- Analyzes trends in data and may recommend operational improvements to revenue processes such as verification of insurance, pre-scheduling treatments, obtaining referrals, medical record coding, and insurance payment processes.
Benefits
- Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
- Compensation Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training Premium pay such as shift, on call, and more based on a teammate's job Incentive pay for select positions Opportunity for annual increases based on performance
- Benefits and more Paid Time Off programs Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability Flexible Spending Accounts for eligible health care and dependent care expenses Family benefits such as adoption assistance and paid parental leave Defined contribution retirement plans with employer match and other financial wellness programs Educational Assistance Program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
