Revenue Optimization Analyst

OSF HealthCare; Peoria (IL); On-site; USD 60,000 - 71,000; Full time

Job summary

OSF HealthCare in Peoria, IL is seeking a Revenue Optimization Analyst to support reimbursement operations, payer contracts, and revenue integrity. You will configure contracts, validate reimbursements, generate operational reports, and resolve issues across our EMR and analytics systems.

You will collaborate with Revenue Cycle, Managed Care, Finance, and operations teams to ensure accuracy, maintain payer documentation, and drive process improvements.

Qualifications

• Associate degree in healthcare administration, business, finance, health information management.
• 2 years of healthcare reimbursement, revenue cycle, managed care, finance, or insurance experience.
• Excellent interpersonal and communication skills.
• Solid computer skills, including proficiency with Microsoft software.
• Strong analytical and problem-solving skills, with the ability to be detail oriented.
• Proficiency in Microsoft Excel and Microsoft Office applications.
• Basic understanding of healthcare reimbursement methodologies and managed care concepts; ability to manage multiple priorities with attention to detail.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively.
• Strong organizational and customer service skills.
• Ability to learn healthcare analytics and reimbursement systems.

Responsibilities

• Support reimbursement operations, payer contract maintenance, and revenue integrity activities.
• Ensure accurate contract configuration and reimbursement validation.
• Produce operational reports and resolve issues within EMR and analytics systems.
• Collaborate with Revenue Cycle, Managed Care, Finance, and operations teams to ensure reimbursement accuracy.
• Maintain payer documentation and lead process improvement initiatives.
• Assist with foundational financial analysis and data preparation for enterprise planning and reimbursement optimization.

Skills

Interpersonal skills

Excel proficiency

Analytical thinking

Attention to detail

Independent & collaborative

Multitasking

Healthcare reimbursement knowledge

Education

Associate degree

Bachelor’s degree

Tools

Epic Resolute

Contract analytics systems

Healthcare reimbursement applications

Job description

Total Rewards

OSF HealthCare is dedicated to provide Mission Partners with a comprehensive and market-competitive total rewards package that includes benefits, compensation, recognition and well-being offerings that focus on the whole person and engage with their current stage of life and career. to learn more about benefits and the total rewards at OSF.

Expected pay for this position is $29.01 - $34.13/hour. Actual pay will be determined by experience, skills and internal equity. This is a Salaried position.

Overview

POSITION SUMMARY:

The Revenue Optimization Analyst supports reimbursement operations, payer contract maintenance, and revenue integrity activities across the organization. This position is responsible for accurate contract configuration, reimbursement validation, operational reporting, and issue resolution within the electronic medical record and healthcare analytics systems. The Analyst collaborates with Revenue Cycle, Managed Care, Finance, and operational teams to ensure reimbursement accuracy, maintain payer documentation, and support process improvement initiatives. This role also supports foundational financial analysis and data preparation activities that contribute to enterprise financial planning and reimbursement optimization.

Qualifications

Required Qualifications

Education

Associate degree in healthcare administration, business, finance, health information management.

Experience

2 years of healthcare reimbursement, revenue cycle, managed care, finance, or insurance experience.

Other Skills/ Knowledge

• Excellent interpersonal and communication skills.
• Solid computer skills, including proficiency with Microsoft software.
• Strong analytical and problem-solving skills, with the ability to be detail oriented.
• Proficiency in Microsoft Excel and Microsoft Office applications.
• Basic understanding of healthcare reimbursement methodologies and managed care concepts. Ability to manage multiple priorities with attention to detail.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively.
• Strong organizational and customer service skills.
• Ability to learn healthcare analytics and reimbursement systems.

Preferred Qualifications

Education

Bachelor’s degree in business, healthcare administration, finance, or related field. Experience:

Experience with Epic Resolute, contract analytics systems, or healthcare reimbursement applications. Experience with healthcare billing, coding, or patient accounting processes.

OSF HealthCare is an Equal Opportunity Employer.