Revenue Cycle Performance Analyst

3 weeks ago

Melville, United States The Bachrach Group Full time

Job Description Top Healthcare Company based in Melville, NY is currently seeking a Revenue Cycle Performance Analyst to join their team. The ideal candidate has 7+ years in the medical field examining revenue cycle data to uncover trends, identify issues, and spot opportunities for improvement. The position is paying up to $100K and the company would like to hire ASAP. Responsibilities: Analyze revenue cycle data to identify trends, issues, and opportunities for improvement. Develop and monitor key performance indicators (KPIs) for revenue cycle performance. Review dashboards, work queues, collections, allowances, and denials to identify patterns and trends, and recommend corrective actions. Prepare reports and presentations on revenue cycle metrics and performance for senior management. Collaborate with finance, billing, and coding teams to streamline processes and resolve issues. Conduct regular reviews to ensure compliance with regulations and internal policies. Recommend and implement process improvements to enhance efficiency and minimize revenue leakage. Provide training and support to staff on best practices and new processes. Stay current on industry trends and regulatory changes affecting revenue cycle management. Develop and maintain up-to-date departmental manuals, as needed. Review aged trial balances and ensure efficient handling of accounts. Communicate patient-related information to relevant departments, as necessary. Ensure compliance with applicable laws and regulatory standards, staying informed on federal, state, and county regulations pertaining to collections. Manage the department budget efficiently. Perform other related duties as required and assigned. Requirements: Bachelor’s degree in finance, healthcare administration, or a related field (Master’s degree preferred). Minimum of seven (7) years of experience in hospital patient access services, including three (3) years of supervisory experience. Relevant certification (e.g., Certified Revenue Cycle Representative - CRCR) is a plus. Strong analytical skills with proficiency in data analysis tools and software. Experience in revenue cycle management, medical billing, and coding is preferred. Excellent communication skills and the ability to collaborate effectively with various departments. Detail-oriented with strong problem-solving abilities. Advanced knowledge of hardware/software related to hospital registration/billing systems. Proficiency in Epic application. Excellent written and oral communication skills. Knowledge of medical terminology, including CPT and ICD. Computer literacy. Ability to work independently on assigned tasks and accept direction on given assignments. Knowledge of billing guidelines. Ability to interact harmoniously with co-workers across all departments. Professional appearance. Ability to multitask effectively. #J-18808-Ljbffr

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