Revenue Analyst Level I

MedRisk; United States; On-site; USD 60,000 - 80,000; Full time

Job summary

MedRisk is seeking a Revenue Analyst to ensure accurate and timely receipt of revenue and to identify trends that improve workflows and collection rates. The role demands becoming a subject matter expert in clients’ billing and revenue cycle.

Responsibilities include researching complex billing issues, meeting production standards, reporting patterns to management, and documenting workflow steps. HIPAA confidentiality must be maintained.

Qualifications

• High School Diploma and 2 years’ professional experience required.
• College degree preferred.
• Strong analytical skills are essential.
• Ability to triage and multitask effectively.
• Excellent written and verbal communication skills.
• Solid organizational and time management abilities.
• Proficiency with MS Office products, advanced Excel knowledge required.
• Medical billing experience preferred.
• Basic understanding of HIPAA policies and procedures.

Responsibilities

• Research moderate to highly complex billing, claim processing, and reimbursement issues.
• Consistently meet production standards for assigned tasks.
• Report regularly to management on patterns observed.
• Propose solutions and enhancements to areas of opportunity.
• Effectively document workflow and resolution steps.
• Ensure confidentiality of all patient accounts by following HIPAA guidelines.
• Performs other duties as assigned.

Skills

Strong analytical skills

Ability to triage and multitask

Solid written and verbal communication

Organizational and time management

Education

High School Diploma

College degree preferred

Tools

MS Office

Advanced Excel

Job description

The primary role of the Revenue Analyst is to facilitate accurate and timely receipt of revenue. Through the course of standard revenue processes, the analyst is expected to identify trends and areas of opportunity that will result in more efficient workflows and optimal collection rates. This individual will become a subject matter expert in all areas relevant to our clients’ billing and revenue cycle.

Primary Duties & Responsibilities

• Research moderate to highly complex billing, claim processing, and reimbursement issues
• Consistently meet production standards for assigned tasks
• Report regularly to management on patterns observed
• Propose solutions and enhancements to areas of opportunity
• Effectively document workflow and resolution steps
• Ensure confidentiality of all patient accounts by following HIPAA guidelines
• Performs other duties as assigned

Qualifications

• High School Diploma and 2 years’ professional experience required
• Strong analytical skills
• Ability to triage and multitask
• Solid written and verbal communication skills
• Organizational and time management skills
• Proficiency with MS Office Products, advanced Excel knowledge required
• Medical billing experience preferred
• Basic understanding of HIPAA policies and procedures

Competencies (choose at least 4)

• Customer Focus
• Integrity and Trust
• Functional/Technical Skills
• Building Effective Teams
• Informing
• Action Oriented
• Ethics and Values
• Agility
• Priority Setting
• Planning
• Managerial Courage

Position Summary

The primary role of the Revenue Analyst is to facilitate accurate and timely receipt of revenue. Through the course of standard revenue processes, the analyst is expected to identify trends and areas of opportunity that will result in more efficient workflows and optimal collection rates. This individual will become a subject matter expert in all areas relevant to our clients’ billing and revenue cycle.

Primary Duties & Responsibilities

• Research moderate to highly complex billing, claim processing, and reimbursement issues
• Consistently meet production standards for assigned tasks
• Report regularly to management on patterns observed
• Propose solutions and enhancements to areas of opportunityEffectively document workflow and resolution steps
• Ensure confidentiality of all patient accounts by following HIPAA guidelines
• Performs other duties as assigned

Qualifications

• High School Diploma and 2 years’ professional experience required
• College degree preferred
• Strong analytical skills
• Ability to triage and multitask
• Solid written and verbal communication skills
• Organizational and time management skills
• Proficiency with MS Office Products, advanced Excel knowledge required
• Medical billing experience preferred
• Basic understanding of HIPAA policies and procedures

Competencies (choose at least 4)

• Customer Focus
• Integrity and Trust
• Functional/Technical Skills
• Building Effective Teams
• Listening
• Informing
• Action Oriented
• Ethics and Values
• Agility
• Priority Setting
• Planning
• Managerial Courage

Working Conditions & Physical Requirements

The work environment characteristics described here is representative of those of a standard office setting. The noise level in the work environment is usually moderate.

While performing the duties of this job, the employee must be able to remain in a stationary position over 50% of the work day; move about inside the office to access files or office equipment; use hands to finger, handle, or feel objects, tools, or controls to operate a computer and other office productivity machines; reach with hands and arms; must communicate and converse with co-workers; and detect/discern information accurately. Specific vision abilities required by this job include close vision and the ability to adjust focus. The employee must occasionally lift and/or move up to 10 pounds.