Hospital Revenue Cycle Analyst

$43,948 - $67,072/Yr

R1 RCM - Chicago, IL

Full-time - Mid Level

Chicago, IL

10,001+ employees

Professional, Scientific, and Technical Services

About the position

As a Hospital Revenue Cycle Analyst at R1 RCM, you will be responsible for conducting detailed analyses of hospital claims data to identify opportunities for improving revenue and cash flow. This role involves underpayment identification, revenue recovery, and collaboration with hospital clients to resolve billing issues. You will leverage your expertise in the Revenue Cycle Process and present your findings to leadership, contributing to the overall financial health of healthcare organizations.

Responsibilities

• Review hospital-managed care contracts to determine expected reimbursement.
• Present findings to team and leadership.
• Analyze hospital claims data to identify contractual underpayments and billing errors.
• Pursue underpayments with third-party payors via correspondence and phone calls.
• Work with hospital clients to obtain necessary information or data to pursue underpayments or correct billing errors.
• Run reports and queries in Microsoft Excel.

Requirements

• 3+ years' experience in Revenue Cycle
• Intermediate Excel experience (pivot tables, v lookup, working with large data sets)
• Strong verbal and written communication skills to document work completed.

Benefits

• Competitive benefits package
• Opportunities for career growth
• Collaborative work environment
• Learning and development opportunities