Revenue Cycle Analyst - Houston, United States - Houston Methodist

Houston Methodist

Verified Company

Houston, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

At Houston Methodist, the Revenue Cycle Analyst position is responsible for facilitating (gathering, trending, reporting, monitoring, analyzing) data and analytics and various data driven initiatives pertinent to the revenue cycle within the organization, acting as a bridge between the client, stakeholders and assigned team.

The Revenue Cycle Analyst is assigned to projects of intermediate complexity and scope and is responsible for identifying the business needs of clients and stakeholders to optimize reimbursement.

Duties involve producing, analyzing, validating and documenting business, organizational and/or operational requirements.

PEOPLE ESSENTIAL FUNCTIONS

Bridges communication channels between the department, the Business Office, the Single Billing Office (SBO), and other respective stakeholders.
Works closely with the operations teams to identify and eliminate barriers to account resolution that directly impact optimal reimbursement.
Engages customers and acts as liaison between operations and the technical team. Utilizes revenue cycle knowledge base to meet and develop business intelligence and document business case/scope/plan. Sets expectations and coordinates team members utilizing teamwork and collaborative skills.

SERVICE ESSENTIAL FUNCTIONS

Assists in the development, maintenance, and distribution of adhoc reports and financial models as needed.
Analyzes complex data sets to identify trends and variances to support optimal reimbursement. Communicates complex analytic findings and conclusions in an easytounderstand manner.

QUALITY/SAFETY ESSENTIAL FUNCTIONS

Extracts data, develops and presents logical and comprehensive analyses and/or summaries on key metrics, identifies trends, presents opportunity areas, and prioritizes initiatives for performance improvement in a variety of areas, such as claim submission, insurance and selfpay collections, refunds and writeoff approvals. Performs data analysis on an independent basis and consults with management as necessary.
Performs required testing and quality assurance to ensure solutions delivered are defect free and of high quality.
Ensures the quality and integrity of data collected for decision making and works with the other areas of the organization to ensure consistency as applicable. Ensures information is consistent, accurate, relevant and timely.

FINANCE ESSENTIAL FUNCTIONS

Supports financial strategy and analysis activities including business analysis, financial metrics, and project management.
Utilizes department resources and supplies effectively and practices good time management. Helps minimize excess cost(s) by assisting and recommending solutions in achieving organizational objectives.

GROWTH/INNOVATION ESSENTIAL FUNCTIONS

Continuously seeks new and creative technologies and innovations that help identify and guide improvement opportunities.
Stays current on revenue cycle and industry trends. Actively engages in personal assessment and expands learning beyond baseline competencies with a focus on continual development (i.e., participates in training opportunities, focal point review activity, etc.). Applies new learning.
Proactively manages own professional development.

This job description is not intended to be all-inclusive; the employee will also perform other reasonably related business/job duties as assigned.

Houston Methodist reserves the right to revise job duties and responsibilities as the need arises.

EDUCATION

Bachelor's degree (preferably in business administration, finance, healthcare administration, or related discipline) or additional four years of experience (in addition to the minimum experience requirements listed below) in lieu of degree

WORK EXPERIENCE

Three years of experience supporting revenue cycle functions

LICENSES AND CERTIFICATIONS - REQUIRED

KNOWLEDGE, SKILLS, AND ABILITIES

Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through ongoing skills, competency assessments, and performance evaluations
Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security
Ability to complete sophisticated analytical, consultative, and information support through analysis and report preparation
General knowledge of Performance Improvement methodologies
Skill in general use of spreadsheet, database and wordprocessing software
Ability to independently analyze and solve problems
Interpersonal skills for interfacing with all levels of customers and collaborating across clinical and nonclinical departments
Ability to multitask with good attention to detail
Ability to enhance reporting effectiveness and efficiency

SUPPLEMENTAL REQUIREMENTS

WORK ATTIRE
Uniform No