Revenue Cycle Analyst

Our dynamic healthcare organization is seeking a highly skilled Revenue Cycle Analyst to join our finance team. As an integral part of the revenue management team, you will be responsible for optimizing revenue cycle processes, ensuring the accuracy and timeliness of claims submissions, patient billing, and revenue recognition. Your sharp analytical skills, attention to detail, and excellent communication will be critical in identifying and resolving complex billing and coding issues to improve our financial efficiency.

Key Responsibilities

As a Revenue Cycle Analyst, your primary responsibilities will include:

• Conducting in-depth analysis of financial data to identify trends, issues, and opportunities for improvement.
• Developing and maintaining timely and accurate revenue recognition reports.
• Coordinating with the billing team to ensure accurate and prompt submission of claims.
• Identifying and resolving complex billing and coding discrepancies.
• Collaborating with internal stakeholders to improve revenue cycle processes and implement corrective actions.
• Participating in quality improvement initiatives to enhance overall efficiency and effectiveness of the revenue cycle.

Minimum Requirements

The successful candidate must have:

• A Bachelor’s degree in Healthcare Administration, Business, Finance, or a related field.
• A minimum of 2 years’ experience in revenue cycle analysis, billing, or healthcare finance.
• In-depth knowledge of ICD-10 and CPT coding systems.
• Familiarity with Electronic Health Record (EHR) systems and Practice Management Systems (PMS).
• Strong analytical, problem-solving, and communication skills.
• Ability to work both independently and as part of a team.
• Proficiency in Microsoft Office, particularly Excel.

Key Skills and Attributes

The ideal candidate will exhibit:

• Strong analytical and problem-solving abilities, particularly in resolving complex billing and coding issues.
• Excellent written and verbal communication skills, with the ability to present findings and recommendations clearly to both technical and non-technical audiences.
• Attention to detail with a focus on accuracy and timeliness.
• Ability to work in a fast-paced environment with multiple priorities and deadlines.
• A proactive mindset, with a focus on identifying and implementing process improvements.
• A collaborative approach, with a willingness to work closely with cross-functional teams.

Working Environment and Conditions

• The ability to work in a fast-paced, dynamic environment with competing priorities and deadlines.
• Regular collaboration with internal teams, including billing staff, patient access personnel, and hospital administrators.
• Standard working hours of 9:00 AM to 5:00 PM, Monday to Friday.

Duties

In addition to the key responsibilities, the successful candidate will also:

• Complete special projects and tasks assigned by the Revenue Cycle Manager.
• Participate in continuous quality improvement initiatives to enhance revenue cycle processes.
• Maintain accurate and detailed records of analyses, findings, and recommendations.
• Stay up-to-date on industry trends, regulatory changes, and best practices in revenue cycle management.

Benefits

We offer a comprehensive benefits package that includes:

• A competitive salary and benefits package.
• Opportunities for professional growth and career development.
• A collaborative and dynamic work environment.
• Recognition and rewards for exceptional performance.
• Flexible working hours to promote work-life balance.
• Access to training and professional development opportunities.
• Employee Assistance Program (EAP) and employee recognition programs.