Revenue Cycle Analysis Specialist

1 week ago


Stockton, California, United States Touro University Full time

Position Overview:
The Revenue Cycle Reporting Analyst (RCA) operates under the guidance of the Director of Business and Clinic Operations. This role is pivotal in ensuring the efficient processing of patient billing and payment receipts, adhering to established policies. The RCA aims to reduce bad debt, enhance cash flow, and effectively oversee accounts receivable. This position plays a crucial role in providing management with comprehensive support for all revenue cycle functions throughout the organization, including front desk operations, outpatient billing, hospital billing, collections, and training for staff and physicians.

Key Responsibilities:

  • Engage in program and service evaluation activities, facilitating changes based on Continuous Quality Improvement results (e.g., Denial Management, MIPS, HEDIS).
  • Compile and generate various status reports for management to analyze trends effectively.
  • Assist in the preparation of monthly, quarterly, and annual financial reports in collaboration with TUMG Corporate Leadership.
  • Ensure data integrity within the practice management system, including charge and collection reconciliations, and report issues promptly.
  • Provide weekly updates on outstanding charges exceeding 90 days as per the Accounts Receivable Aging report.
  • Generate reports regarding the status of credit balances (Unapplied Credit Analysis Report).
  • Assess gross charges to determine the necessity for updates to the fee schedule at least annually, reporting findings to TUMG Corporate Leadership.
  • Facilitate the annual update of the RVU Schedule and Fee Schedule in the EMR, ensuring accuracy based on the annual CMS Update.
  • Monitor the volume of Open Encounters weekly to confirm timely entry of all outpatient and hospital encounters.
  • Communicate regularly with healthcare providers regarding open encounters.
  • Ensure timely processing and correction of Claim Edit and Rejection Reports from the EMR and Clearinghouse, as well as manage rejected claims.
  • Evaluate coding practices among providers to identify patterns of undercoding or irregularities through pre-claim chart scrubbing.
  • Maintain up-to-date information regarding billing and collections processes for each third-party carrier in a Billing Manual.
  • Identify patterns in remittance advices indicating improper collection of insurance information and initiate retraining as necessary.
  • Address performance deficiencies in healthcare providers and staff identified through internal audits in coordination with the RCA Supervisor.
  • Safeguard all patient Protected Health Information (PHI) and adhere to confidentiality standards.
  • Participate actively in the Corporate Compliance Program, adhering to the Program Code of Conduct and relevant laws.
  • Engage in Continuous Quality Improvement initiatives and other activities that support the mission and objectives of Touro University Medical Group.
  • Adhere to scheduled work hours, including breaks and lunches.
  • Perform additional duties as assigned.

Supervisory Responsibilities:
Indirect supervision of Clinic Billing Staff.

Qualifications:

  • Ability to function with minimal supervision.
  • 2-4 years of progressive experience in medical billing is required.
  • A Bachelor’s degree in Finance is preferred or equivalent experience.
  • Dependability and professionalism are essential.
  • Proficiency in using personal computers and various software applications relevant to job duties.
  • Knowledge of quality management processes.
  • Ability to establish and maintain effective working relationships.
  • Sound judgment and discretion are necessary.
  • Strong oral, written, and presentation communication skills are required.

Core Competencies:
Core competencies outline the expected behaviors of an employee.

Knowledge, Skills, and Abilities:

  • Exceptional verbal and written communication skills.
  • Strong interpersonal, negotiation, and conflict resolution skills.
  • Excellent organizational skills and attention to detail.
  • Robust analytical and problem-solving abilities.
  • Capability to prioritize tasks and delegate when appropriate.
  • Integrity, professionalism, and confidentiality are paramount.
  • Familiarity with billing and financial regulations.
  • Proficiency in Microsoft Office Suite or related software.
  • Experience with Electronic Health Records.
  • Ability to develop programs and lead process improvement initiatives.
  • Engagement in strategic planning as requested by leadership.
  • Capacity to initiate and implement changes that enhance patient care quality and safety.
  • Ability to achieve shared goals and promote cooperative behaviors.
  • Awareness of current healthcare theories, principles, practices, and standards.
  • Knowledge of relevant laws, rules, and regulations.
  • Understanding of organizational, administrative, fiscal, and personnel management principles essential for clinic operations.

Salary Range:
Maximum Salary: USD $70,000.00/Yr.
Minimum Salary: USD $56,000.00/Yr.



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