Revenue Cycle Data Analyst

Job Description

Revenue Cycle Data Analyst (RCDA) supports the reporting and analytical needs of the revenue cycle leaders in revenue management and empowers users with data across the organization.

Coordinates with BI to review or generate all Month-End reports for the organization along with required Revenue Cycle Management ad-hoc reports.

Captures and tracks key performance indicators and other key statistical data, working closely with stakeholders from different functional areas including but not limited to billing, denials management, self-pay management and operations excellence.

The Revenue Cycle Data Analyst will be articulate, analytical, and a team player who understands the power of data in healthcare.

This position requires in depth knowledge of the RCM process from claims to coding. The analyst must enjoy coordinating with interdisciplinary teams, learns quickly, and works independently.

Essential Functions

The Revenue Cycle Data Analyst is responsible to oversee these duties that may include, but are not limited to, the following :

• Collaborates closely with revenue cycle services leadership and other team members to develop communications and monthly reporting packages in order to provide consistent and reliable support to internal and external customers.
• Coordinate with BI to review or runs month-end reporting improvement opportunities for the organization and Revenue Cycle Management Systems.
• Generates regular reports and analysis for the RCM team to monitor accounts receivable, track payments and adjustments etc.
• Develops and generates ad-hoc business office reports to assist leaders on the RCM team and all operating sites of service with cash and A / R reporting.
• Provides support to the RCM team and each of its departments to track productivity, quality, staffing patterns, expenses, and efficiency metrics.
• Builds relationships with key stakeholders, be an expert in multiple data sources, and creates / implements innovative and sustainable solutions for the measurement of RCM processes
• When appropriate, provides communication and relationship building with payers and third party contractors in order to make improvements in the revenue cycle.
• When appropriate, provides on the ground guidance and support to departments and clinics across Legacy

Provides recommendations in the documentation of department policies and procedures for revenue cycle.

• Work with outside partners and Legacy IT regarding all upgrades / new modules or programs related to RCM
• Leads Process Improvement initiatives- committees when needed.
• Produces all Denial Management Reporting and is an integral member of the Denial Management Team.
• Provides analytical support and identifies business trends that require action.
• Attends and actively participates in designated RCM standing meetings, including summarizing and distributing meeting minutes.
• Performs special projects and other duties as assigned by the RCM department and those impacting

Education & Training Requirements

• Bachelor’s degree or equivalent
• Bachelor’s degree in Healthcare Administration, Business Administration, IT or related field preferred.

Work Experience

• Revenue Cycle functions & financial analysis : 3 years
• Minimum two to three years of experience with revenue cycle functions; experience in healthcare financial analysis, revenue cycle processes, denials, and cash applications strongly desired

Benefits

• 9 Holiday + 1 Floating Holiday
• 403b Retirement Plan
• Medical / Vision / Dental (if eligible)
30+ days ago