Revenue Cycle Analyst I

McLaren Health Care; Southfield (MI); On-site; USD 60,000 - 78,000; Full time

Job summary

McLaren Health Care in Michigan is seeking a Revenue Cycle Analyst I to review, educate, maintain, report and improve all aspects of the Revenue Cycle, including monitoring systems, developing reports and data sets, analyzing revenue and identifying root causes.

The role collaborates with clinical managers to improve charge entry and bill generation, tracks trends and suggests improvements, supports budgeting, policies and procedure manuals, and provides training to staff.

Qualifications

• Bachelor’s degree in Finance, Healthcare, Management, or IT or related field.
• Two years of revenue cycle experience or one year in data analytics consulting.
• Preferred knowledge of CPT, HCPCS, and ICD-10.

Responsibilities

• Review, educate, maintain, report and improve Revenue Cycle components.
• Monitor Revenue Cycle systems and develop reports/datasets.
• Analyze revenue and identify root causes; design improvements.
• Handle reporting/data extraction and analytics tasks.
• Collaborate with clinical managers to improve charge entry and billing.
• Develop policies and procedures; maintain system profiles and manuals.
• Assist in budgeting and sound financial practices within the department.

Skills

Analytics

Data extraction

Training/education

Education

Bachelor’s degree in Finance/Healthcare/Management/IT

Job description

Position Summary:

The Revenue Cycle Analyst I is responsible for the review, education, maintenance, reporting and improvement of all aspects of the Revenue Cycle.This includes the monitoring of Revenue Cycle systems, development of reports and data sets, analyzing revenue, provide education, identify root causes and recommend/design improvements.

The Revenue Cycle Analyst I is responsible for the review, education, maintenance, reporting and improvement of all aspects of the Revenue Cycle.This includes the monitoring of Revenue Cycle systems, development of reports and data sets, analyzing revenue, provide education, identify root causes and recommend/design improvements.

Essential Functions and Responsibilities As Assigned:

• Accountable for one or more Patient Financial Services Activities such as :
• Reporting/Data Extraction
• Analytics
• System Implementation/Software Administration
• Reporting/ Tracking
• Training/Education
• Process Improvement
• System Maintenance
• Cash
• Analyzes front-end delays and problems related to complete and accurate information needed for timely billing.
• Monitors and improves the insurance verification and point of service collection process.
• Collaborates with clinical managers in the hospitals to identify and improve the accuracy and timeliness of charge entry and bill generation for their line of business.
• Identifies trends and recommends and implements appropriate improvements in the revenue cycle.
• Manages department and budgets within specified parameters. Consistently contributes to sound financial practices.
• Develops and implements policies and procedures.
• Maintains related profiles, tables and procedure manuals in the Revenue Cycle computer system.

Qualifications:

Required:

• Bachelor’s degree in Finance, Healthcare, Management, or Information Technology or related field
• Two years of related revenue cycle experience or one year consulting in systems or training for data analytics

Preferred:

• Working knowledge of CPT, HCPCS, and ICD-10
• One year of experience in hospital financial services or patient service.

Equal Opportunity Employer of Minorities/Females/Disabled/Veterans

Additional Information

• Schedule: Full-time
• Requisition ID: 26004587
• Daily Work Times: 8am-4:30pm
• Hours Per Pay Period: 80
• On Call: No
• Weekends: No