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Aegis Sciences Corporation · 2 weeks ago

Senior Revenue Financial Analyst and Team Lead (A/R)

Nashville, TN

Contract

Onsite

Senior Level, Lead/Staff

8+ years exp

Aegis Sciences Corporation is a healthcare organization, and they are seeking a Senior Revenue Financial Analyst and Team Lead (A/R). The role involves analyzing and optimizing revenue cycle processes, supervising a team, and collaborating with various departments to enhance revenue while ensuring compliance.

BiotechnologyClinical TrialsHealth CareMedical

Responsibilities

Supervise Senior Revenue Financial Analysts and Revenue Financial Analysts

Responsible for maintaining both contractual and bad debt rates for assigned payers including, but not limited to, forecasting changes in payer rates, expected vs actual variance review, identification of variance, communication, and resolution of variances

Extract and analyze large volumes of revenue cycle data from various systems to identify trends, variances, and potential areas for revenue improvement, including patient demographics, billing codes, claims status, and payment patterns

Create detailed reports and dashboards to present key performance indicators (KPIs) related to revenue cycle performance, such as denial rates, days sales outstanding (DSO), and collection efficiency, to relevant stakeholders

Analyze and synthesize complex information to identify key issues, develop clear summaries, and define actionable next steps; collaborate across teams to ensure alignment, drive resolution, and maintain momentum on strategic initiatives

Lead and manage revenue cycle optimization projects, including data collection, analysis, and implementation of new strategies

Identify inefficiencies in the revenue cycle process, such as charge capture, coding accuracy, claims submission, and payment posting, and proposing solutions to streamline operations and minimize revenue leakage

Ensure adherence to healthcare regulations and coding guidelines related to billing practices to avoid potential compliance issues

Work closely with other departments within the revenue cycle team, including billing, coding, patient financial services, and registration to implement process improvements and address identified issues

Qualification

Financial analysisRevenue cycle managementData analysisHealthcare regulationsSQL serverBI toolsFinancial reportingMicrosoft Office SuiteCommunication skillsAttention to detail

Required

Bachelor's Degree in Finance, Accounting, or related field required

A minimum of eight (8) years of accounting/finance experience in financial analysis or revenue cycle management required

Significant experience with data warehouses, BI tools, SQL server, ERP and analysis services required

Demonstrated expertise in financial reporting, data analysis, revenue recognition, and accounts receivable management required

Expert knowledge of Microsoft Office Suite, specifically Access, Word, Excel, Outlook, and general working knowledge of Internet for business use; demonstrated ability to learn new accounting and billing software systems required

Excellent written and verbal communication skills, ability to work on multiple tasks without sacrificing quality, attention to detail, and ability to interact with staff at all levels (and auditors) required

Preferred

CPA preferred

Experience in healthcare revenue cycle organizations and billing systems strongly preferred

Company

Aegis Sciences Corporation

Founded in 1990, Aegis Sciences Corporation is a forensic toxicology and healthcare laboratory that provides science-driven drug testing and consulting services based in Nashville, TN.

Founded in 1991

Nashville, Tennessee, USA

501-1000 employees