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Financial Analyst
Come join a high growth company in creating a center of business excellence while supporting our oral surgeons build a best-in class clinical practice!
Your new career awaits you...
We are looking for a Financial Analyst to join our team. We are a fast-paced organization that provides leading oral surgery practices with professional support services by partnering with us and joining our network. To be a successful Senior Financial Analyst you should have strong communication and interpersonal skills. You should demonstrate technical skills and a strong working experience in healthcare revenue cycle.
Revenue Cycle Analyst Role:
- Responsible for assisting the Revenue Cycle department with analysis of key performance metrics.
- Develops and refines reports that identify problems and highlight potential opportunities.
- Analyzes third party denials and prepares relevant reports regarding trends in third party payments, denials and rejections.
- Works with ancillary departments’ staff and third-party payor provider representatives to identify source of denials and develop processes to eliminate and/or minimize untimely payments, underpayments, denials and rejections to improve cash flow.
- Prepares, mines data, evaluates, resolves, distributes and records statistics accurately and timely.
- Proficient in the understanding and management of all functions related to third-party billing processes, specializing in practice and professional fee denial management, and fee schedule reimbursements.
- Creates and provides regular updates to reports which help identify and correct issues that are negatively impacting revenue.
- Reviews individual denials to determine why they occurred.
- Monitors denial trends and reports; recommends corrective and preventative actions.
- Produces ad-hoc reports.
- Actively participates in revenue cycle initiatives and leads processes affecting operations within revenue cycle.
Financial Analyst Requirements:
- BS/BA in Business or Finance preferred
- Equivalent work experience (3 years healthcare revenue cycle) acceptable in lieu of degree.
- Experience with provider billing as opposed to hospital is required.
- Experience in data analysis/data modeling the ability to analyze data in creative ways and display results in a compelling manner.
- Knowledge of database management software (Access, SQL).
- Strong computer skills; proficiency with Microsoft Office suite.
- Thorough understanding of ICD-10, CPT codes, HCPCS codes, hospital and physician billing, third party reimbursements and contracts.
- Experience with 835/837 files
- Software implementation and project management skills.
- Excellent interpersonal skills as well as superior writing skills.
- Deadline oriented; ability to work independently and in a team environment.
- Ability to manage multiple complex and concurrent projects.
- Proven ability to mine and analyze business data in creative ways and display results in a compelling manner.
- Strong situational analysis and data-driven decision-making abilities.
- Demonstrated understanding of healthcare revenue cycle.
- Proactive problem-solving and critical-thinking skills.
- Excellent verbal and written communication skills.
Benefits:
- 401(k) with company match
- Medical, Dental and Vision Insurance
- FSA and HSA available
- Company-paid life insurance
- Additional insurance programs available
- Company discount program
- Employee Referral program
Job Type: Full-time
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