Revenue Support Analyst

$55,500 - $67,000/Yr

Rochester Regional Health - Rochester, NY

Full-time - Entry Level

Rochester, NY

Hospitals

About the position

The Revenue Support Analyst at Rochester Regional Health plays a crucial role in the financial operations of the organization. This position is responsible for the analysis of cash receipts, postings, and reconciliations across the health system. The analyst will collect, synthesize, and maintain financial data from various sources, ensuring that the cash posting and reconciliation processes are efficient and secure. A key aspect of this role is to implement strong internal controls to prevent financial loss and safeguard the organization's assets. In addition to financial analysis, the Revenue Support Analyst serves as a liaison between Patient Financial Services and other departments such as Information Services, Treasury, and Accounting. This coordination is essential to meet customer needs and facilitate effective receivable management. The analyst will utilize various software applications, including spreadsheets and databases, to manipulate and format data for reporting purposes. The position also involves leading or participating in interdepartmental project teams focused on revenue cycle and health system initiatives. The analyst will be the primary point of contact for third-party audit requests and will compile data to support management initiatives. Under the guidance of management, the analyst will oversee the assignment of work to the Revenue Support team, ensuring that month-end reporting requirements are met.

Responsibilities

• Utilizes various software applications such as spreadsheets, relational databases, statistical applications, and report mining software to assemble, manipulate, and format data and reports.
• Responsible for performing the revenue cycle reconciliation process to close out the nursing home systems on a monthly basis.
• Analyzes remittance and self-pay payment data and defines relevant information, troubleshooting any issues found and making recommendations to management to improve workflows.
• Primary point of contact for third-party audit requests and special projects, complying with data requests from management to support initiatives.
• Leads or participates in interdepartmental project teams for both revenue cycle and health system initiatives.
• Under direction of management, oversees assignment of work to the Revenue Support team and ensures that month-end reporting requirements will be met.

Requirements

• Bachelor's degree in Business Administration or related field required.
• Three years experience in accounting, finance, or healthcare preferred.
• Strong analytical, computer, and communication skills.
• Knowledge of state and federal regulations pertaining to billing and healthcare requirements preferred.

Benefits

• Pension Plan
• Retirement Plan
• Comprehensive Benefits Package
• Tuition Reimbursement
• Benefits Effective Date of Hire
• Same Day Pay through Daily Pay