Revenue cycle analysts (also known as revenue cycle managers) are responsible for making sure that patients are promptly and properly billed for health care services.
Revenue Cycle Analyst Job Description
Table of Contents
Job BriefRevenue Cycle Analyst DutiesRevenue Cycle Analyst ResponsibilitiesRequirements and SkillsJob Brief
We're looking for a Revenue Cycle Analyst that can help us optimize our revenue cycle and improve our financial performance. The right candidate will have experience in revenue cycle management, financial analysis, and process improvement. They will be able to work independently to identify opportunities for improvement, develop plans to implement changes, and track and report on results. If you have the skills and experience we're looking for, we want to hear from you!
Revenue Cycle Analyst Duties
- Promote excellent public relations with the patient community by leading the revenue cycle department with a high standard of performance
- Ensure all staff members are certified and educated in all billing and coding requirements
- Ensure accurate patient billing and coding while monitoring patient liabilities
- Support the accounts receivable team by ensuring a steady cash flow
- Investigate and resolve billing discrepancies and problems
- Track and maintain all administrative forms, insurance forms, and protocols
- Research and negotiate rates, contracts, and service agreements with healthcare providers
- Supervise and motivate all billing and coding staff
- Assist the medical director in ensuring compliance to all accreditation and regulatory standards
- Develop and maintain excellent financial controls
- Ensure the organization complies with all billing and insurance laws and regulation
Revenue Cycle Analyst Responsibilities
- Develop and maintain a revenue cycle for patient billing and collections
- Review and update patient demographics, insurance eligibility, and other patient account records
- Recognize and help resolve patient account issues, denials, and problems to ensure timely and accurate payments and resolution of all patient issues
- Develop, implement, and maintain billing and collection processes
- Maintain awareness of regulatory requirements and other changes affecting the revenue and revenue cycle
- Meet revenue cycle budget and sales goals
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Requirements and Skills
- Bachelor's degree or significant equivalent combination of education and experience
- 2+ years experience analyzing, reporting, and managing the progress of accounts
- Strong analytical, research, and problem-solving skills
- Excellent understanding of report formatting and presentation techniques
- Excellent interpersonal and communication skills
[Company Name] is an employer that is committed to equal opportunity. We strive to build a team that is diverse and inclusive. We encourage people of all races, religions, national origins, genders, and ages, as well as veterans and individuals to apply.
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