Revenue Cycle Analyst

$43,948 - $67,072/Yr

R1 RCM - Chicago, IL

Full-time

Chicago, IL

10,001+ employees

Professional, Scientific, and Technical Services

About the position

The Revenue Cycle Analyst at R1 RCM plays a crucial role in executing audits and research processes for a regional portfolio of client engagements. This position focuses on driving revenue capture across various clinical services while collaborating with a team of analysts. The role requires a strong interest in healthcare and experience working with data to enhance patient revenue and improve operational efficiency.

Responsibilities

• Navigate hospital EMR and billing systems to conduct patient-specific clinical documentation research and validate hospital reporting.
• Build and maintain expertise in Medicare billing, coding, and reimbursement policies.
• Support algorithm research, development, and maintenance for processing hospital data to uncover medical reporting inaccuracies that lead to underpayments.
• Mine, research, and identify treatment patterns to identify predictive indicators of care.
• Interact effectively with consulting teams to perform reviews, provide recommendations, and communicate project results for R1/Cloudmed's clients.
• Drive new discoveries and knowledge depth related to clinical focus areas, including medical coding, charge capture, billing and CDI practices.
• Utilize R1/Cloudmed and client software platforms to manage account information and workflow between internal departments and consulting teams.

Requirements

• 1+ years of experience working directly in healthcare or data focused role
• Proficiency with Excel at an intermediate level

Benefits

• Competitive benefits package
• Opportunities for professional development
• Collaborative work environment
• Community engagement initiatives