Providence Anesthesiology Associates · 3 days ago
RCM Strategic Ops Analyst
Providence Anesthesiology Associates is an independent physician-owned practice that provides anesthesia and perioperative care across North and South Carolina. The RCM Strategic Ops Analyst supports Revenue Cycle Management operations by developing and reviewing reporting and analytics to enhance decision-making and operational efficiency.
Health CareHospitalMedical
Responsibilities
Design and monitor standard reporting packages and KPIs to support Revenue Cycle Management (RCM)
Partner with RCM Operations Managers to identify reporting and analysis gaps with the goal of implementing solutions for process and revenue improvement
Manage assigned multidisciplinary RCM projects that are aimed at process and/or performance improvement
Lead initiatives to implement workflows associated with identified process enhancements at the team or department level
Assist with billing revenue projections for existing and new business opportunities and income guarantee reconciliations
Proactively identify areas of revenue opportunity and bring forth solution ideas for discussion with leadership
Work closely with the BI team to determine ideal reporting solutions that meet needs of RCM leadership
Analyze revenue cycle data (billing, cash applications, account receivable, etc.,) to provide insights on trends and recommend solutions based on what is observed in the data
Provide guidance and support to reduce denials and adjustments by analyzing data, identifying root causes, developing solutions, and implementing action plans
Maintain and update current KPI scorecards for revenue cycle teams and provide suggestions on identified improvement areas to the Managers and AVP
Manage and support analysis and reporting on trends including (but not limited to):
Accounts Receivable (AR)
Facility and profit center performance
Payer behavior and denials
Inventory Aging
Assist in monitoring ROI of various vendor partners to identify any opportunity for cost reduction
Create and deliver ad hoc reports to internal stakeholders as needed
Presents and explains information in an accessible way to RCM team members and Physician Partners
Ensures compliance with all Health Insurance Portability and Accountability Act (HIPAA) standards
Performs other duties as required or assigned within the scope of responsibility
Qualification
Required
Bachelor's degree in related field is required
Proven ability to communicate effectively, both orally and in writing, with internal and external audiences
Capable of translating and presenting business requirements and reporting outputs into non-technical, understandable terms for various departments
Proficiency with Excel, Word, PowerPoint, and data visualization tools such as Power Pivot, Power Query, and Power BI
Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
Strong problem-solving, quantitative, and analytical abilities
Strong ability to plan and manage numerous processes, people, and projects simultaneously
Preferred
A minimum of three (3) years of experience in data analysis within healthcare revenue cycle management is strongly preferred
Knowledge of anesthesia revenue cycle management being a plus
Benefits
Strong workplace culture. We care about each other as people. We build relationships and connections beyond the time spent on the job.
We provide competitive total rewards including salary, benefits – Day 1, retirement, profit sharing, life insurance, paid time off, holidays, education reimbursement, employee recognition for birthdays and anniversaries, fun team building events, and more.
We want you to succeed and our employer to employee relationship is proven to help you reach your goals and the goals of PAA.
Company
Providence Anesthesiology Associates
Providence Anesthesiology Associates renders anesthesia and perioperative care services for healthcare sectors.