Financial Performance Analyst
3 weeks ago
About Us:
At Cooper University Health Care, our commitment to delivering exceptional healthcare services begins with our team of dedicated professionals. Our team is continuously discovering innovative ways to improve clinical outcomes and enhance access to the latest facilities, equipment, technologies, and research protocols.
We are committed to providing our employees with competitive compensation packages, comprehensive benefits, attractive working conditions, and opportunities for professional growth and development.
Discover why Cooper University Health Care is a leading healthcare employer in South Jersey.
Job Summary:
The Revenue Cycle Operations Specialist will play a critical role in assisting the Revenue Cycle team with analysis of key performance metrics. This individual will develop and refine reports to identify problems and highlight potential opportunities for improvement.
The successful candidate will analyze third-party denials and prepare reports on trends in third-party payments, denials, and rejections. They will work closely with ancillary departments and third-party payor provider representatives to identify the source of denials and develop processes to eliminate and/or minimize untimely payments, underpayments, denials, and rejections to improve cash flow.
This role requires proficiency in data analysis and management, as well as strong computer skills, including proficiency with Microsoft Office suite. The ideal candidate will have experience in data analysis/data modeling, the ability to analyze data in creative ways, and display results in a compelling manner.
Responsibilities:
- Analyze data to identify trends and areas for improvement in revenue cycle operations
- Develop and refine reports to highlight potential opportunities for improvement
- Analyze third-party denials and prepare reports on trends in third-party payments, denials, and rejections
- Work closely with ancillary departments and third-party payor provider representatives to identify the source of denials and develop processes to eliminate and/or minimize untimely payments, underpayments, denials, and rejections
- Prepare, mine, evaluate, resolve, distribute, and record statistics accurately and timely
- Develop and maintain knowledge of ICD-10, CPT codes, HCPCS codes, hospital and physician billing, third-party reimbursements, and contracts
- Implement and manage software solutions to improve revenue cycle operations
- Participate in global revenue cycle initiatives and lead processes affecting operations within revenue cycle
Requirements:
- Experience in data analysis/data modeling and the ability to analyze data in creative ways
- Proficiency with Microsoft Office suite and database management software (Access, SQL)
- Strong computer skills and ability to work independently and in a team environment
- Excellent interpersonal and writing skills
- Ability to manage multiple complex and concurrent projects
- BS/BA in Business or Finance preferred; Equivalent work experience (3 years healthcare revenue cycle) acceptable in lieu of degree
Preferred Qualifications:
- Experience with EPIC Enterprise
- Knowledge of database management software (Access, SQL)
Language: English (en-US)
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