Revenue Cycle Analyst

$60,000 - $63,000/Yr

PurposeCare - Aurora, IL

Full-time - Mid Level

Aurora, IL

About the position

The Revenue Cycle Analyst at PurposeCare is responsible for enhancing the company's revenue cycle operations by developing and implementing strategies to increase revenue in a cost-effective manner. This role requires a detail-oriented and self-motivated professional who can collaborate effectively and communicate well with various stakeholders. The analyst will perform revenue forecasting while adhering to ethical principles of integrity and accuracy in accounting practices.

Responsibilities

• Maintain all Account Receivable functions in the Revenue Cycle Department.
• Close the books weekly for all business units for Payroll and Billing purposes.
• Process daily transactions of posting payments, adjustments, denials, charges, demographics, claims, and write-offs using Continulink Software.
• Submit monthly invoices to Medicaid Spenddown Clients and negotiate payment arrangements.
• Utilize Converge Software to process payments over the phone.
• Edit denied claims to Indiana Medicaid through Web Interchange Software.
• Bill Traditional Medicaid and other Medicaid-Managed Health Care Services weekly or monthly using Availity Software, Caresouce Software, and MHS Software.
• Bill Veteran Administration clients weekly through VACCN software and receive payments through Optum Payment Service Software.
• Prepare reports to work the Aging to decrease Account Receivable days and meet deadlines.
• Communicate with Clients, Medicaid, Veteran Administration, Staff/Management, and others.

Requirements

• Preferred a Degree in Accounting, Finance, or a related field.
• Equivalent experience in the Health Care industry.
• Knowledge of Indiana Medicaid guidelines and regulations.
• Good organizational and time management skills.
• Proficient in Accounting, Microsoft Office, Data Analysis, and other software programs.
• Good analytical and critical thinking abilities.
• Ability to prioritize and work independently as well as in a team-oriented environment.

Benefits

• Competitive salary ranging from $60,000 to $63,000 per year.