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Healthcare Revenue Analytics Specialist

2 months ago

Charleston, West Virginia, United States Thomas Memorial-HRIS Full time
Job Overview
The Healthcare Revenue Analytics Specialist plays a crucial role in supporting the Mission, Values, and Strategic Goals of Thomas Memorial-HRIS. This position involves collaborating with the Director of Revenue Cycle to execute various responsibilities as outlined herein. The duties described are not exhaustive but reflect the general expectations associated with this role. The ideal candidate will be dedicated to transforming complex data into insightful, actionable reports that foster ongoing innovation and growth.
Educational Background
The candidate should possess at least a Bachelor's Degree in Business Administration, Finance, Mathematics, or Computer Engineering. Preference will be given to those with a Master's degree in a relevant field.
Licensure and Certification
N/A
Professional Experience
A minimum of 2 years of experience in data mining is required. Experience in the healthcare finance sector is preferred, with familiarity in HCA/Parallon Business Objects (BOBJ) considered advantageous. Proficiency in SQL or Excel is essential, along with a willingness to learn additional analytical tools.
Technical Skills
The Healthcare Revenue Analytics Specialist must be adept in utilizing contemporary technology and software, including but not limited to Excel, Microsoft Word, PowerPoint, and Outlook. Familiarity with revenue cycle reporting and analytics software used at Thomas Memorial-HRIS is expected.
Job-Specific Requirements
The candidate should have a foundational understanding of the Revenue Cycle, with the aim of developing a more comprehensive knowledge of this area. This includes the ability to interpret federal publications, journal articles, and white papers related to Revenue Cycle, as well as understanding managed care contract terms and reimbursement policies.
Work Schedule
Flexibility in working hours is required to meet business demands, including adjusting hours based on volume needs.
Population Served
This role involves working with various age groups, including neonates, infants, children, adolescents, adults, and geriatric patients.
Work Environment
Exposure to various conditions may occur, including toxic chemicals, extreme temperatures, and potential exposure to bloodborne pathogens.
Personal Protective Equipment
Appropriate personal protective equipment is to be utilized as necessary.
Physical Requirements
This position is classified as Sedentary Work, requiring minimal physical exertion.
Key Responsibilities
  • Assist in monitoring and reporting key performance metrics to the Executive Director of Revenue Cycle.
  • Review external vendor reports, including managed care contracts and patient accounting system reports.
  • Provide relevant data and insights to facilitate informed decision-making by leadership.
  • Utilize statistical methods to analyze data and produce meaningful business reports.
  • Collaborate with departmental managers to define specific data requirements for analysis projects.
  • Ensure data integrity by filtering and cleaning datasets.
  • Demonstrate strong analytical skills with a focus on detail and accuracy in information dissemination.
  • Exhibit effective verbal and written communication skills.