Revenue Cycle Analyst

$70,000 - $90,000/Yr

Freed Maxick Cpas, P.C. - Batavia, NY

posted about 1 month ago

Full-time - Entry Level
Remote - Batavia, NY
Professional, Scientific, and Technical Services

About the position

The Revenue Cycle Analyst at Freed Maxick will play a crucial role in supporting client engagements within the Revenue Cycle Services team of the Healthcare Consulting Practice. This position involves analyzing large datasets, collaborating with healthcare providers, and implementing strategies to enhance financial performance in the healthcare sector. The analyst will work closely with various stakeholders to identify opportunities for improvement and ensure the integrity of data analysis, ultimately contributing to the financial sustainability of healthcare services.

Responsibilities

  • Manipulate and analyze large data sets while collaborating with subject matter experts to interpret analysis and provide recommendations.
  • Identify and implement strategies to validate data inputs and analysis results to ensure integrity.
  • Prepare report deliverables to summarize data analysis findings in a format to drive decision-making.
  • Engage with stakeholders at all levels, including senior executives, to understand objectives and analytical support required.
  • Work with front-line staff of clientele to understand current revenue cycle processes and identify opportunities for improvement.
  • Assess current state processes and make recommendations for enhancements, including redesigning and documenting workflows.
  • Develop and assist in the implementation of detailed project work plans based on data-driven analysis.
  • Develop data models and tools to support ongoing performance monitoring of implemented initiatives.
  • Participate in the development and delivery of presentations to client stakeholders.
  • Identify and escalate project issues and risks to engagement leaders regarding scope, schedule, budget, and deliverables.

Requirements

  • Bachelor's Degree in Business Administration, Finance, Accounting, Health Informatics or related field.
  • 2 - 10 years of professional experience in revenue cycle analysis within a healthcare provider setting or in a consulting role.
  • Strong project management fundamentals.
  • Ability to work with large data sets.
  • Intermediate to advanced Excel skills required (pivot tables, look ups, etc.).
  • Proficient with MS Office Suite.
  • Excellent communication and listening skills.
  • Analytical and problem-solving skills to perform root cause analysis and resolve complex business issues.
  • Ability to work in a fast-paced, dynamic, and constantly changing environment.
  • Ability to stay up to date with industry trends, market challenges and emerging technologies.

Nice-to-haves

  • Master's in Business Administration or Masters in Healthcare Administration preferred but not required.
  • Relevant certifications a plus (CPC, CRCR, CCS, RHIA, CAPM, PMP, etc.).

Benefits

  • Hybrid work environment and unique sociable culture.
  • An attractive and competitive compensation and benefit package.
  • Annual performance bonuses and competitive compensation adjustments tied to performance.
  • An incentive program for new business, and referral bonuses for introducing potential new employees.
  • Career growth including promotion and advancement opportunities.
  • The ability to design your own career path, with input from your designated Performance Advisor and Manager of Learning and Development.
  • A friendly, supportive and team-based work environment.
  • Ongoing education and learning opportunities to keep your technical skills sharp and soft skills top-notch.
  • Flexible scheduling opportunities including MAX Flex and Flexible Work Week Programs.
  • Compensated time to volunteer in the community.
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