Billing and Revenue Analyst
2 weeks ago
About NYU Langone Health:
NYU Langone Health is a premier, patient-focused academic medical institution recognized for its outstanding clinical services, research initiatives, and educational programs. It encompasses over 200 facilities across the New York metropolitan area, including five inpatient sites, a dedicated children's hospital, three emergency departments, and a level 1 trauma center. The institution also includes the Laura and Isaac Perlmutter Cancer Center, a comprehensive cancer center designated by the National Cancer Institute, along with NYU Grossman School of Medicine, which has been training healthcare professionals since 1841. At NYU Langone Health, we prioritize equity, diversity, and inclusion, striving to create an environment where our talented faculty, staff, and students from all backgrounds can flourish.
Position Overview:
We are pleased to announce an opportunity for a Revenue Cycle Management Analyst to join our dynamic team. In this capacity, the selected individual will provide support to executive personnel on special projects related to revenue enhancement within the Health System. Key responsibilities will focus on charge description master (CDM) management, revenue capture, billing discrepancies, and additional service revenue streams.
Key Responsibilities:
- Collects and organizes data from multiple system sources to perform thorough analyses aimed at identifying potential revenue cycle improvements. Engages with analytical tools to extract, compile, and manipulate data for comprehensive evaluations. Presents findings in a structured and coherent manner, ensuring all sources, specifications, and assumptions are documented for future reference.
- Ensures data integrity while processing data files for analysis. Maintains accuracy and prevents data corruption through diligent use of tools and a robust system of checks. Conducts verification of query results and reports to confirm alignment with expectations prior to final presentation.
- Collaborates with department leaders and hospital staff to gather insights that enhance revenue cycle opportunities. Represents the Revenue Cycle department in meetings and actively seeks knowledge from other departments.
- Delivers information and reports to various hospital stakeholders regarding CDM, billing, and revenue capture. Communicates effectively with hospital personnel concerning Revenue Cycle department matters.
- Oversees and mentors junior analysts as necessary. Evaluates the quality and quantity of work produced by team members, implementing follow-up measures to achieve desired outcomes. Organizes workflow efficiently and delegates tasks to ensure optimal performance. Provides comprehensive training to new staff on revenue cycle policies and procedures, facilitating their independent functioning.
- Operates autonomously, demonstrating initiative and critical thinking. Capable of working without supervision, completing tasks promptly, and seeking feedback to enhance understanding.
- Exhibits leadership qualities in all work aspects, showcasing initiative, determination, and self-assurance. Adheres to professional conduct and complies with all departmental policies and procedures, including HIPAA regulations.
- Performs additional duties as assigned.
Minimum Qualifications:
To be considered, candidates must possess a Bachelor's degree and 2-4 years of experience in healthcare finance, revenue cycle management, or decision support roles, including:
- Understanding of revenue cycle business processes
- Strong analytical capabilities and excellent communication skills
- Proficiency in data extraction, manipulation, and analysis to assist executive personnel in identifying revenue opportunities
- Competence in Microsoft Excel, Word, and PowerPoint
- Effective time management, planning, and organizational skills.
Preferred Qualifications:
Experience in a hospital finance environment (e.g., reimbursement, charge master, patient financial services, hospital operations) is advantageous. Familiarity with PowerPoint and American HealthWare is also preferred.
Qualified candidates should be able to communicate effectively with all organizational levels.
NYU Langone Health offers more than just a workplace; it is an institution where you can take pride in your contributions and feel fulfilled in your professional journey.
NYU Langone Health is an equal opportunity and affirmative action employer committed to fostering diversity and inclusion in all recruitment and employment practices. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sexual orientation, national origin, age, religion, disability, military and veteran status, marital or parental status, citizenship status, genetic information, or any other factor that cannot lawfully be used as a basis for employment decisions.
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