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Beth Israel Deaconess Medical Center

Senior Revenue Cycle Analyst

Beth Israel Deaconess Medical Center, Woburn, Massachusetts, us, 01813

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Overview When you join the growing BILH team, you’re not just taking a job, you’re making a difference in people’s lives.

Under the direction of the Harvard Medical Faculty Physicians (HMFP) at BIDMC Director of Strategic Financial Planning Analytics, the Revenue Cycle Analyst will be responsible for improving revenue cycle workflow, efficiency, accuracy, reimbursement, and overall revenue control through operational and system enhancements and/or modifications. The RCA will identify issues, trends, and provide solutions as well as develop an environment of customer service, continued learning and increased communication within revenue cycle and between departments.

Job Type Regular

Time Type Full time

Work Shift Day (United States of America)

FLSA Status Exempt

Responsibilities

Provides in depth knowledge and determines best Epic system build options and functionality that will help improve revenue cycle operational workflows and system usage, and understand the choices involved in complex application configuration.

Collects and reports information to Revenue Cycle Leadership regarding potential system enhancement needs and system breaks/fix issues.

Analyzes complex revenue cycle data to identify trends, outliers, key drivers, and provide analysis.

Develops, trends, and reports monthly and annual statistical reporting dashboard to coincide with departmental and organizational KPIs (Key Performance Indicator).

Works collaboratively with HMFP enterprise revenue cycle team on improvement initiatives to maximize revenue via analyzing RCM metrics, KPIs, and standardized service level agreements (SLAs) against budget, targets, and benchmarks; identifies variances, trends, and performance issues.

Provides reporting and analytics support for RCM audits, tracking, trending, and monitoring functions.

Uses various software applications to assemble, manipulate and/or format complex data. Maintains data models and produces both standard and ad-hoc reports.

Participates in enterprise revenue cycle management and department meetings and provides reporting and analytics updates as needed.

Demonstrates advanced written and verbal communication skills with the ability to translate complex data into clear and meaningful reports.

Demonstrates collaboration skills to create productive partnerships with clients and actively participates in cross-functional groups to solve problems across projects.

Other tasks and work as assigned.

Qualifications

Bachelor’s degree in Business / Finance / Accounting or Healthcare Administration; Master’s degree preferred.

5-8 years of experience working in revenue cycle mandatory.

Ability to spearhead independent projects, utilizing critical thinking to achieve significant results with minimal oversight.

Experience working with Epic software including: Cubes, Slicer Dicer, Dashboards, Workbench Reports, and Clarity Reports mandatory.

Proficiency in Epic Professional Billing (PB); Certification preferred.

Comprehensive working knowledge of revenue cycle analytics, medical billing practices, billing software, healthcare insurance, and CMS regulations.

Knowledge of CPT, HCPCS, and ICD-10 coding principles preferred.

Strong understanding of professional billing (PB) end-to-end revenue cycle management processes and functions.

Ability to effectively communicate and present findings.

Ability to transform raw data into actionable information, facilitating informed decision-making.

Advanced skills in Microsoft applications: Outlook, Excel, Word, and Teams.

Competencies

Strong interpersonal, communication, problem solving, and analytical skills

Excellent attention to detail with proven ability to work across multiple projects

Implements quality control processes and monitors quality standards

Embraces change and seeks to understand its impact

Ability to identify patterns and anomalies across multiple data sources

Ability to read, analyze and interpret financial reports

Ability to define problems, collect data, establish facts, draw conclusions, and make sound recommendations

Environment & Requirements Social/Environmental Requirements: Work requires periods of close attention to work without interruption. Concentrated effort of up to 4 hours without break may be required. Work is varied every day and the employee needs to be adaptable to respond to these changes and use independent judgment and manage priorities. No substantial exposure to adverse environmental conditions. Health Care Status: NHCW – No patient contact. Sensory Requirements: Close work, color vision/perception, visual clarity at various distances, conversation, and telephone. Physical Requirements: Sedentary work; occasional lifting up to 10 pounds; constant sitting and keyboard use.

About the organization Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center (HMFP) is one of New England’s premier physician-led organizations, dedicated to excellence in clinical care, education, research, career advancement, inclusivity, and well-being. HMFP employs more than 2,200 physicians and serves more than 1.3 million patients at BIDMC and across the Beth Israel Lahey Health (BILH) system. A majority of physicians are teaching faculty affiliated with Harvard Medical School (HMS). A further 700+ community-based physicians deliver healthcare through Associated Physicians of Harvard Medical Faculty Physicians (APHMFP).

As a healthcare organization, we require staff vaccination against influenza as a condition of employment. More about this requirement is available.

More than 35,000 people work together to make a difference in patients’ lives. Equal Opportunity Employer/Veterans/Disabled.

Job postings and location notes Senior roles and related postings listed below are for informational purposes and may not reflect current openings.

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