Duke University Health System
Business Process Consultant - Revenue Assurance (Remote)
Duke University Health System, Durham, North Carolina, United States, 27703
Business Process Consultant - Revenue Assurance (Remote)
Join to apply for the Business Process Consultant - Revenue Assurance (Remote) role at Duke University Health System.
At Duke Health, we’re driven by a commitment to compassionate care that changes the lives of patients, their loved ones, and the greater community. No matter where your talents lie, join us and discover how we can advance health together.
Work Performed Identification And Analysis Of Financial Opportunities
Identify existing and future revenue cycle-based improvement opportunities
Lead PRMO discussions, evaluations, selections and prioritization of improvement opportunities, including the development of an ROI analysis to better understand and determine potential impact on overall PRMO performance
Work closely with PRMO leadership to understand operational goals and challenges to identify opportunities for enhancements
Perform and prepare regular root cause analysis of performance of the revenue cycle function to identify areas of opportunity utilizing various data systems including Slicer Dicer and Tableau
Responsible for various standard, recurring reporting functions to support revenue cycle operational business needs
Assist revenue cycle senior leaders in working closely with organizational stakeholders to improve financial performance based on analytic findings
Monitor key performance indicators for internal and external parties
Cultivates internal relationships to assist in understanding department workflows
Provides analytics for and supports special projects as needed (e.g. new payer policy financial impact)
Support investigation into claims/denials patterns, payer policy changes, collection rate shifts, avoidable write-off's, and payer mix evaluation to optimize payer performance.
Develop analytical models that are well-documented containing advanced formulas and functions that are used to evaluate historical trends, forecast future expectations, or draw conclusions
Point person for month-end Revenue Cycle Net Revenue Review
Revenue Cycle Strategic Initiatives And Project Management
Create, design, lead, and implement strategies that will reduce AR, improve aging AR, improve net collection rate, eliminate waste through automation or optimization of workflows, reduce denials, and reduce avoidable write -offs, for all areas of the Revenue Cycle
Develop, maintain, and enhance knowledge of Revenue Cycle systems and third-party vendors to support recommendations for optimal workflows.
Leverage technology and best practices to recommend process improvements
Collaboration
Effectively communicate trends to influence all levels of leadership for process improvements
Partner with leaders and teams to review and establish improvement opportunities
Perform project management duties to align multi-disciplinary groups across the revenue cycle and clinical departments, corporate finance, DHTS, and hospital service line leadership
Communicate and track progress of identified issues and action items
Partner with Operations Improvement on outstanding optimization and automation projects
Other
Promote PRMO strategic vision, mission, and purpose while emphasizing teamwork and results.
Create and foster a department culture that provides a satisfying and enriching environment in which staff can be developed and retained.
Interact with and provide timely verbal/written responses to all stakeholders (patients, providers, payors, and departmental personnel).
Acknowledge management requests and emails in a professional, timely manner.
Attend meetings and participate in Work Culture initiatives, committees or workgroups, as assigned.
Accomplish all tasks as assigned.
Minimum Qualifications Education Bachelor’s degree required. Master’s degree preferred.
Experience Minimum of 7 years work experience. Extensive knowledge of Revenue Cycle analytical tools, business intelligence tools and statistical packages. Proven experience with Revenue Cycle workflows to include but not limited to overall claims processing spanning the life cycle of the revenue cycle, denials management, insurance follow up, and net collection rate impacts and calculations. Experience can be supplemented with Master’s degree with a Master’s being equivalent to two years of experience.
Degrees, Licensures, Certifications None
Knowledge, Skills and Abilities
Epic System (Revenue Cycle Applications)
Revenue Cycle operations
Ability To
Understand revenue cycle operational performance goals/metrics
Strong analytical skills
Perform root cause analysis with accuracy
Identify and implement optimization opportunities within Epic
Investigate and analyze information and provide recommend solutions for identified issues
Develop, implement and oversee project teams comprised of IT and operational resources
Communicate effectively, both orally and in writing
Demonstrate strong interpersonal and communication skills
Work effectively with a wide range of constituencies in a diverse community
Foster a positive work environment
Multi-task
Systems
Epic
MS Office Applications (Word, Excel, Visio, PowerPoint)
Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy related conditions), sexual orientation or military status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.
Seniority Level
Mid-Senior level
Employment Type
Full-time
Job Function
Management and Manufacturing
Hospitals and Health Care
#J-18808-Ljbffr
At Duke Health, we’re driven by a commitment to compassionate care that changes the lives of patients, their loved ones, and the greater community. No matter where your talents lie, join us and discover how we can advance health together.
Work Performed Identification And Analysis Of Financial Opportunities
Identify existing and future revenue cycle-based improvement opportunities
Lead PRMO discussions, evaluations, selections and prioritization of improvement opportunities, including the development of an ROI analysis to better understand and determine potential impact on overall PRMO performance
Work closely with PRMO leadership to understand operational goals and challenges to identify opportunities for enhancements
Perform and prepare regular root cause analysis of performance of the revenue cycle function to identify areas of opportunity utilizing various data systems including Slicer Dicer and Tableau
Responsible for various standard, recurring reporting functions to support revenue cycle operational business needs
Assist revenue cycle senior leaders in working closely with organizational stakeholders to improve financial performance based on analytic findings
Monitor key performance indicators for internal and external parties
Cultivates internal relationships to assist in understanding department workflows
Provides analytics for and supports special projects as needed (e.g. new payer policy financial impact)
Support investigation into claims/denials patterns, payer policy changes, collection rate shifts, avoidable write-off's, and payer mix evaluation to optimize payer performance.
Develop analytical models that are well-documented containing advanced formulas and functions that are used to evaluate historical trends, forecast future expectations, or draw conclusions
Point person for month-end Revenue Cycle Net Revenue Review
Revenue Cycle Strategic Initiatives And Project Management
Create, design, lead, and implement strategies that will reduce AR, improve aging AR, improve net collection rate, eliminate waste through automation or optimization of workflows, reduce denials, and reduce avoidable write -offs, for all areas of the Revenue Cycle
Develop, maintain, and enhance knowledge of Revenue Cycle systems and third-party vendors to support recommendations for optimal workflows.
Leverage technology and best practices to recommend process improvements
Collaboration
Effectively communicate trends to influence all levels of leadership for process improvements
Partner with leaders and teams to review and establish improvement opportunities
Perform project management duties to align multi-disciplinary groups across the revenue cycle and clinical departments, corporate finance, DHTS, and hospital service line leadership
Communicate and track progress of identified issues and action items
Partner with Operations Improvement on outstanding optimization and automation projects
Other
Promote PRMO strategic vision, mission, and purpose while emphasizing teamwork and results.
Create and foster a department culture that provides a satisfying and enriching environment in which staff can be developed and retained.
Interact with and provide timely verbal/written responses to all stakeholders (patients, providers, payors, and departmental personnel).
Acknowledge management requests and emails in a professional, timely manner.
Attend meetings and participate in Work Culture initiatives, committees or workgroups, as assigned.
Accomplish all tasks as assigned.
Minimum Qualifications Education Bachelor’s degree required. Master’s degree preferred.
Experience Minimum of 7 years work experience. Extensive knowledge of Revenue Cycle analytical tools, business intelligence tools and statistical packages. Proven experience with Revenue Cycle workflows to include but not limited to overall claims processing spanning the life cycle of the revenue cycle, denials management, insurance follow up, and net collection rate impacts and calculations. Experience can be supplemented with Master’s degree with a Master’s being equivalent to two years of experience.
Degrees, Licensures, Certifications None
Knowledge, Skills and Abilities
Epic System (Revenue Cycle Applications)
Revenue Cycle operations
Ability To
Understand revenue cycle operational performance goals/metrics
Strong analytical skills
Perform root cause analysis with accuracy
Identify and implement optimization opportunities within Epic
Investigate and analyze information and provide recommend solutions for identified issues
Develop, implement and oversee project teams comprised of IT and operational resources
Communicate effectively, both orally and in writing
Demonstrate strong interpersonal and communication skills
Work effectively with a wide range of constituencies in a diverse community
Foster a positive work environment
Multi-task
Systems
Epic
MS Office Applications (Word, Excel, Visio, PowerPoint)
Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy related conditions), sexual orientation or military status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.
Seniority Level
Mid-Senior level
Employment Type
Full-time
Job Function
Management and Manufacturing
Hospitals and Health Care
#J-18808-Ljbffr