Managing Consultant - Healthcare Performance Improvement (Revenue Cycle)

BRG; United States; On-site; USD 70,000 - 150,000; Full time

Job summary

BRG seeks a Managing Consultant in Healthcare Performance Improvement to drive financial and operational success for healthcare clients. The role requires analytical skills, project management experience, and a strong focus on improving revenue cycle processes. Ideal candidates will have relevant experience and a desire to grow within the company.

Qualifications

• 3-5 years of healthcare industry or consulting experience.
• Strong proficiency in financial analysis and revenue cycle management.
• Desire and ability to manage processes and consultants.

Responsibilities

• Support client engagements focused on Revenue Cycle improvements.
• Develop operational and financial metric improvements.
• Manage client relationships and develop presentations.

Skills

Analytical Ability

Problem Solving

Project Management

Interpersonal Skills

Communication

Education

Bachelor’s or Master’s degree in Management, Accounting, or Healthcare Administration

Tools

MS Office

SQL

Python

Job description

Managing Consultant - Healthcare Performance Improvement (Revenue Cycle)

Join to apply for the Managing Consultant - Healthcare Performance Improvement (Revenue Cycle) role at BRG

Managing Consultant - Healthcare Performance Improvement (Revenue Cycle)

Join to apply for the Managing Consultant - Healthcare Performance Improvement (Revenue Cycle) role at BRG

We do Consulting Differently

We do Consulting Differently

BRG’s Healthcare Performance Improvement practice works with healthcare providers to identify and implement measurable and sustainable financial, clinical, and operational performance improvements. We combine comprehensive expertise, experience, and analytics to deliver data-driven, innovative approaches to help hospitals, health systems, academic medical centers, and other providers tackle their most complex problems. We have assessed and implemented nearly $1 billion in cost savings and revenue improvement for our diverse set of clients over the last ten years.

The Consultant position is a junior/mid-level consulting staff position. This position requires a highly motivated problem solver with solid analytical ability, strong organizational skills, and a desire to advance within the organization. An individual with an entrepreneurial spirit and an ability to apply creative solutions is a natural fit for this position. The work of a Consultant will involve both execution and oversight of engagement work stream initiatives that may be either qualitative or quantitative in nature, and responsibilities include: design of financial analysis, development and presentation of client deliverables, management of existing client relationships, industry research, and expansion of business.

Responsibilities

• Provide support on all aspects of small to medium sized client engagements and discreet segments of larger projects. Responsible for furthering initiatives that span the Revenue Cycle continuum including Patient Access, HIM/Coding, Charge Capture, Revenue Integrity, Denials/Underpayments Management and Recovery, Patient Financial Services.
• Develops operational and financial metric improvements for each engagement, including but not limited to reducing Discharged Not Final Billed (DNFB) and A/R days, driving cash acceleration activity, increasing insurance verification rates, increasing Medicaid eligibility conversions, increasing timely claim submissions, preventing denials and collections inefficiencies, managing vendor relationships, and decreasing bad debt.
• Responsible for assisting with creation of project charters, workplans, realization schedules, benefit tracking tools, client deliverables/work products, and transition planning documents.
• Develop analyses and financial models using transactional data and/or financial data.
• Provide valuable contributions to client deliverables and expert reports.
• Prepares workgroup or focus‐area steering committee meeting presentations with oversight.
• Manage client relationships at the representative, Supervisor, Manager, and Director level.
• Demonstrates creativity and utilizes relevant software tools (R, SQL, Python, etc.), and analytical methods to develop solutions.
• Applies appropriate tools and methodology to assignments and if unavailable completes research utilizing professional membership and online tools to move the initiative forward.
• Identifies next steps and/or work arounds on assigned tasks to begin working more independently.
• Audits practices and own work via data analysis, interviewing, and shadowing to ensure good quality work, identify inconsistencies, and elevate areas of opportunity or risk.
• Adapts to different client personalities and internal management styles to ensure expectations are met on both ends.
• Communicates effectively both orally and in writing and adjusts context based on role of individual being addressed.
• Provide positive contributions to projects as a team-player and demonstrate a strong work ethic to meet client deadlines and quality expectations.
  
  

Qualifications

• A Bachelor’s or Master’s degree (e.g., BS, BBA, MBA, MHA, M.A., M.S., etc.) with a preferred focus in Management, Accounting, Finance, Healthcare Administration, Business Administration, or related discipline.
• Applicable industry certification is preferred (e.g., CRCR, CHFP, CHAM, CRCE-I, CRCE-P, etc.).
• 3-5 years of healthcare industry or consulting work experience including performance improvement and process re-engineering, revenue management and redesign, and reimbursement and recovery strategies.
• Preferred operational expertise in any of the following Revenue Cycle functions: Patient Access, HIM/Coding, Charge Capture, Revenue Integrity, Denials/Underpayments Management and Recovery, Patient Financial Services.
• Strong project management experience and proven success contributing to assessments and project implementations.
• Ability to draft work plans, project budgets, timelines, and deliverables.
• Excellent interpersonal skills with the ability to effectively manage team and client relationships.
• Strong verbal and written communication and presentation skills.
• Ability to succeed in a high-performance and rapid team environment where client expectations are consistently met or exceeded.
• Desire and ability to manage processes and other consultants.
• Strong proficiency in MS Office applications, including Word, PowerPoint, Excel, Access, and Outlook.
• Familiarity with Epic, Cerner, Allscripts, MEDITECH, Athena/IDX desired.
• Willing to travel consistently (50% - 75%, depending on project requirements and client expectations).
  
  

Consultant Salary Range: $70,000 – $150,000 per year

Candidate must be able to submit verification of his/her legal right to work in the U.S., without company sponsorship.

About BRG

BRG combines world-leading academic credentials with world-tested business expertise purpose-built for agility and connectivity, which sets us apart—and gets you ahead.

At BRG, our top-tier professionals include specialist consultants, industry experts, renowned academics, and leading-edge data scientists. Together, they bring a diversity of proven real-world experience to economics, disputes, and investigations; corporate finance; and performance improvement services that address the most complex challenges for organizations across the globe.

Our unique structure nurtures the interdisciplinary relationships that give us the edge, laying the groundwork for more informed insights and more original, incisive thinking from diverse perspectives that, when paired with our global reach and resources, make us uniquely capable to address our clients’ challenges. We get results because we know how to apply our thinking to your world.

At BRG, we don’t just show you what’s possible. We’re built to help you make it happen.

BRG is proud to be an Equal Opportunity Employer. Our hiring practices provide equal opportunity for employment without regard to race, religion, color, sex, gender, national origin, age, United States military veteran status, ancestry, sexual orientation, marital status, family structure, medical condition including genetic characteristics or information, veteran status, or mental or physical disability so long as the essential functions of the job can be performed with or without reasonable accommodation, or any other protected category under federal, state, or local law.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Consulting, Information Technology, and Sales

• Industries

  Business Consulting and Services

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