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Revenue Cycle Analyst

NC, United States
Job ID: R218013
Shift: 1st
Job Type: Regular

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Department:

10383 Enterprise Revenue Cycle - Administration: Revenue Integrity

Status:

Full time

Benefits Eligible:

Yes

Hours Per Week:

40

Schedule Details/Additional Information:

M-F 8-5 remote

Pay Range

$28.55 - $42.85

Major Responsibilities:
  • Develops, generates, and audits various revenue, financial, statistical and/or quality reports surrounding the revenue cycle. These reports may include revenue cycle timeliness, administrative scorecards, charge lag, daily charge reports, cash receipts, insurance denials tracking reports, accounts receivable aging, scheduling statistics or other operational reports as needed.
  • Develops charts, graphs, and numerical reports to display financial and statistical data.
  • Monitors the revenue cycle processes and meets with the departments to suggest process changes to improve the quality/financial results.
  • Analyzes accounts receivables and makes process improvement suggestions that may contribute to more effective, timely reimbursement and an efficient revenue cycle.
  • Analyzes trends in data and may recommend operational improvements to revenue processes such as verification of insurance, pre-scheduling treatments, obtaining referrals, medical record coding, and insurance payment processes.

Licensure, Registration, and/or Certification Required:
  • None Required.

Education Required:
  • Bachelor's Degree in Business or related field.

Experience Required:
  • Typically requires 3 years of experience in business, finance, or accounting that includes experiences in preparing and/or reviewing health care financial statements.

Knowledge, Skills & Abilities Required:
  • Proficient in Microsoft office (Excel, Word, and PowerPoint). The ability to learn new applications is needed.
  • Ability to graphically display statistical data, create databases, manipulate data in spreadsheets, and generate reports from various databases.
  • Excellent analytical, problem solving, and communication skills.
  • Knowledge of third party regulations and the interrelationship with the financial reimbursement.

Physical Requirements and Working Conditions:
  • Must be able to lift up to 10 lbs occasionally.
  • Exposed to a normal office environment.
  • Operates all equipment necessary to perform with job.

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

Our Commitment to You:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:

Compensation

  • Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
  • Premium pay such as shift, on call, and more based on a teammate's job
  • Incentive pay for select positions
  • Opportunity for annual increases based on performance

Benefits and more

  • Paid Time Off programs
  • Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
  • Flexible Spending Accounts for eligible health care and dependent care expenses
  • Family benefits such as adoption assistance and paid parental leave
  • Defined contribution retirement plans with employer match and other financial wellness programs
  • Educational Assistance Program

About Advocate Health

Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.

Develops and analyzes financial data associated with the revenue cycle, third party reimbursement, and business operations. Prepares and reviews the collection of the financial and statistical data to prepare revenue cycle scorecards and to assess the effectiveness of the revenue cycle. Communicates with various departments to discuss scores, business operations, and assists in quality improvement initiatives.

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