Revenue Cycle Business Analyst
3 weeks ago
Job Title: Revenue Cycle Management Data Analyst
Job Type: Full-time
Location: Hybrid; 2 to 3 days per week in office.
We are seeking a highly motivated and experienced Revenue Cycle Management Data Analyst to join our team. The successful candidate will be responsible for spearheading cross-functional and partnering with the Business Intelligence department to drive strategic decision-making and identify optimization opportunities within Revenue Cycle Management. This role will accelerate the enablement of reporting and analytics solutions to drive best-in-class Revenue Cycle Management performance.
Responsibilities:
- Design and monitor standard reporting packages and KPIs to support Revenue Cycle Management (RCM).
- Perform data cleansing and manipulation to ensure data accuracy and integrity.
- Work closely with the Director of RCM and individual RCM departments to analyze and improve revenue processes.
- Conducts intake on new reporting requests and ensures we only build what is going to drive the highest business value, while not duplicating reports/dashboards that are already in place.
- Analyze revenue cycle data (billing, cash applications, account receivable, etc.,) to provide insights on trends and recommend solutions based on what is observed in the data.
- Provide guidance and support to reduce denials and adjustments by analyzing data, identifying root causes, developing solutions, and implementing action plans.
- Maintain and update current quality scorecards for various revenue cycle teams and provide suggestions on improvement in quality standards providing trend analysis to Manager/Director/VP
- Partner with the BI/technology teams to ensure the reporting and analytics infrastructure is stable and high performing.
- Presents and explains information in an accessible way to RCM team members and Physician Partners.
- Collaborate with the AVP of Business Development to evaluate external business opportunities, including through development of revenue projections.
- Ensures compliance with all Health Insurance Portability and Accountability Act (HIPAA) standards.
- Performs other duties as required or assigned within the scope of responsibility.
Requirements:
- Bachelor’s degree in related field
- Minimum of 3 years of experience in Revenue Cycle Management and data analysis within the healthcare sector strongly preferred.
- Anesthesia revenue cycle management a plus
- Proficiency with Excel, Word, PowerPoint, and data visualization tools such as Power Pivot, Power Query, and Power BI.
- Excellent communication and collaboration skills with the ability to work effectively in a cross-functional team environment.
- Strong attention to detail and ability to prioritize tasks in a fast-paced environment.
- Knowledge of healthcare regulations and compliance requirements.
We are an equal opportunity employer and welcome all qualified candidates to apply. If you are a highly motivated individual with a passion for data analysis and Revenue Cycle Management, we encourage you to submit your application for consideration.
Requirements:About Providence Anesthesiology Associates
Headquartered in Charlotte, North Carolina, Providence Anesthesiology Associates (PAA) is an independent physician owned practice compromised of over 140 anesthesiologists. Founded in 1991, PAA provides anesthesia and perioperative care at numerous healthcare facilities throughout North and South Carolina, serving more than 232,000 patients annually.
PAA continues to experience impressive growth and success. Our anesthesiologists are among the most elite in their field.
Our physicians are committed to providing the best culture and experience to their employees.
Awarded one of the Top Workplaces in 2021 - 2023, PAA’s core values include commitment, accountability, performance, integrity, transparency, adaptability, and leadership. We do what’s right and don’t compromise.
What’s in it for you?
- Strong workplace culture. We care about each other as people. We build relationships and connections beyond the time spent on the job. We offer a supportive, highly team-oriented work environment.
- We provide competitive total rewards including salary, benefits – Day 1, retirement, profit sharing, life insurance, paid time off, holidays, education reimbursement, employee recognition for birthdays and anniversaries, fun team building events, and more.
- We want you to succeed and our employer to employee relationship is proven to help you reach your goals and the goals of PAA.
What else should you know?
Providence Anesthesiology Associates is an equal opportunity employer and does not tolerate discrimination based on any protected status.PAA participates in E-Verify. E-Verify is an internet-based system that compares the information you provide on the Form I-9 with information from the Social Security Administration and Department of Homeland Security records.PAA Strong
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