Connect Search-posted about 1 year ago
$49,920 - $49,920/Yr
Full-time • Mid Level
Chicago, IL
Administrative and Support Services

The Revenue Cycle Analyst will play a crucial role in the healthcare system's financial operations by analyzing patient accounts, evaluating reimbursement opportunities, and resolving underpayments. This position requires a strong understanding of hospital billing and payer systems, as well as the ability to communicate effectively with various stakeholders to ensure accurate financial outcomes.

  • Work within the Patient Accounting system and payer portals to research accounts in the work queue.
  • Review opportunities created and evaluate the calculation of expected reimbursement.
  • Determine if opportunities should be pursued with payers and identify actions required to resolve underpayments.
  • Document accounts to provide information and details to support appeal and resolution efforts.
  • Diagnose and understand the causes of underpayments and suggest preventive measures.
  • Meet required benchmarks for production, accuracy, and efficiency.
  • 3+ years of experience in hospital billing, resolution, and revenue cycle management.
  • Strong knowledge of payer systems including Medicaid, Managed Care, and Commercial payers.
  • Organized and analytical self-starter with strong critical thinking skills and attention to detail.
  • Strong verbal and written communication skills to document work completed.
  • Proficient in Microsoft Excel.
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