Healthcare Revenue Cycle Data Analyst
4 days ago
At Ovation Healthcare, we've been making local healthcare better for more than 40 years. Our mission is to strengthen independent community healthcare. We provide independent hospitals and health systems with the support, guidance and tech-enabled shared services needed to remain strong and viable. With a strong sense of purpose and commitment to operating excellence, we help rural healthcare providers fulfill their missions.
The Ovation Healthcare difference is the extraordinary combination of operations experience and consulting guidance that fulfills our mission of creating a sustainable future for healthcare organizations. Ovation Healthcare's vision is to be a dynamic, integrated professional services company delivering innovative and executable solutions through experience and thought leadership, while valuing trust, respect, and customer focused behavior.
We're looking for talented, motivated professionals with a desire to help independent hospitals thrive. Working with Ovation Healthcare you will have the opportunity to collaborate with highly skilled subject matter specialists and operations executives, in a collegial atmosphere of professionalism and teamwork.
Ovation Healthcare's corporate headquarters is located in Brentwood, TN. For more information, visit https://ovationhc.com.
Summary:
Are you a strategic and analytical professional passionate about optimizing healthcare business operations? We are seeking a highly skilled Revenue Cycle Management - Professional Billing Analyst to join our team. In this pivotal role, you will be instrumental in analyzing practice performance, identifying key areas for improvement, and developing data-driven strategies to enhance cash flow and financial efficiency.
Duties and Responsibilities:
- Financial Analysis & Strategy: Dive deep into practice data to analyze revenue cycle performance. You will identify trends, pinpoint root causes of payment delays, and proactively develop strategies to improve cash flow and reduce outstanding accounts receivable.
- Business Intelligence & Reporting: Partner with our IT department to design and implement custom dashboards and reporting tools. These tools will be essential for monitoring key performance indicators (KPIs), tracking service level agreements (SLAs), and providing actionable insights to leadership.
- Process Improvement: Collaborate with internal and external stakeholders to streamline billing processes, implement best practices, and optimize workflows to increase efficiency and revenue capture.
- Performance Monitoring: Continuously monitor and report on the financial health of assigned practices, providing regular updates and recommendations to management.
- Proven Analytical Skills: You must be able to not only analyze complex data but also translate your findings into clear, actionable business recommendations.
- Revenue Cycle Expertise: A strong understanding of the professional billing revenue cycle, including claims submission, denial management, and accounts receivable follow-up.
- Data Visualization & Reporting: Experience working with business intelligence tools (e.g., Power BI) and collaborating with IT to build and maintain dashboards.
- Problem-Solving Mindset: A proactive approach to identifying and solving problems before they impact the bottom line.
- Strong Communication: The ability to effectively communicate complex financial information to both technical and non-technical audiences.
- At least 3 years of RCM/Medical Billing experience
- Experience working in Power BI, SQL, Excel, etc.
This is an opportunity to directly impact the financial health of our healthcare partners and contribute to a company that is making a real difference in the industry. If you are a results-oriented professional ready for a challenging and rewarding role, we encourage you to apply.
Working Conditions and Physical Requirements:
- Reliable high-speed internet connection is required for all remote/hybrid positions.
- Must have access to stable Wi-Fi with sufficient bandwidth to support video conferencing, cloud-based tools, and other online work-related activities.
- A HIPAA-compliant work environment is required, including a secure workspace free from unauthorized access or interruptions, no use of public Wi-Fi unless connected through a secure company-provided VPN, and compliance with all applicable HIPAA privacy and security regulations.
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