Revenue Cycle Analyst(HYBRID)
2 months ago
JOB SUMMARY
The Revenue Cycle Analyst is responsible for initiating reports, analyzing data, and communicating variances impacting Open Door’s revenue. This position reports to the Revenue Cycle Director of Finance.
DUTIES AND RESPONSIBILITIES
Monitor the performance of Open Door’s outsourced billing company to ensure all claims, submissions and payment postings are accurate and timely in accordance with established internal and third-party payer requirements and in compliance with established policies, regulations, procedures and standards
Prepare, analyze, and maintain reports on billing/collections activity and key revenue metrics for the Revenue Cycle Director and Chief Finance Officer; identify trends for further review
Serve as liaison for clinical departments on coding and billing issues; participate in monthly departmental meetings
Resolve billing issues
Optimize reimbursement from third party insurers, and monitor performance, including denials, underpayments, adjustments, and collections
Assist with year-end fiscal audit and annual coding audits
Other billing-related assignments
QUALIFICATIONS
Associates or Bachelor’s degree required (Finance, Business or Healthcare preferred)
Minimum 2 years of experience as Revenue Cycle Analyst in healthcare
Excellent communication, written and interpersonal skills
Strong problem solving, critical thinking and analytical skills
Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook
Ability to prioritize and monitor tasks
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