Healthcare Revenue Specialist

2 weeks ago


Camden, New Jersey, United States Cooper University Health Care Full time
About Us

At Cooper University Health Care, we prioritize exceptional healthcare, starting with our dedicated team. Our remarkable professionals are consistently uncovering clinical advancements and improving access to state-of-the-art facilities, equipment, technologies, and research methodologies. We are committed to our employees by offering competitive compensation, a comprehensive benefits package, favorable working conditions, and opportunities for career growth through professional development.

Discover why Cooper University Health Care is recognized as the employer of choice in South Jersey.

Short Description

The Revenue Cycle Specialist is responsible for supporting the Revenue Cycle through the analysis of critical performance metrics. This role involves developing and refining reports that pinpoint issues and highlight potential opportunities. The specialist will analyze third-party denials and prepare relevant reports that track trends in third-party payments, denials, and rejections.

Collaboration with ancillary department staff and third-party payer representatives is essential to identify the sources of denials and to develop processes aimed at eliminating or minimizing delays in payments, underpayments, denials, and rejections to enhance cash flow.

The specialist will prepare, mine data, evaluate, resolve, distribute, and accurately record statistics in a timely manner. Proficiency in understanding and managing all functions related to third-party billing processes is crucial, with a focus on hospital and professional fee denial management, as well as fee schedule reimbursements. Regular updates to reports will be created to help identify and rectify issues negatively impacting revenue. Individual denials will be reviewed to ascertain their causes.

Monitoring denial trends and generating reports will be part of the role; recommendations for corrective and preventative actions will be made. The specialist will produce ad-hoc reports and actively participate in global revenue cycle initiatives, leading processes that affect operations within the revenue cycle.

Experience Required

Experience in data analysis and modeling is required, with the ability to analyze data creatively and present results compellingly.

Familiarity with EPIC Enterprise is preferred. Knowledge of database management software (Access, SQL) is essential. Strong computer skills and proficiency with the Microsoft Office suite are necessary.

A thorough understanding of ICD-10, CPT codes, HCPCS codes, hospital and physician billing, third-party reimbursements, and contracts is required.

Skills in software implementation and project management are important.

Excellent interpersonal and superior writing skills are essential. The ability to meet deadlines and work independently as well as in a team environment is crucial.

The capacity to manage multiple complex and concurrent projects is also necessary.

Education Requirements

A BS/BA in Business or Finance is preferred; equivalent work experience (3 years in healthcare revenue cycle) is acceptable in lieu of a degree.



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