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Houston Methodist · 4 days ago

Revenue Cycle Analyst FT-Katy (Hybrid)

Katy, TX

Full-time

Hybrid

Mid Level

3+ years exp

Houston Methodist Continuing Care Hospital is looking for a Revenue Cycle Analyst to support their revenue cycle functions. The role involves bridging communication between departments, analyzing complex data sets, and providing insights to improve financial performance and reimbursement processes.

Health CareMedical

Growth Opportunities

Responsibilities

Bridges communication channels between the department, the Business Office, the Single Billing Office (SBO), and other respective stakeholders

Works closely with the operations teams to identify and eliminate barriers to account resolution that directly impact optimal reimbursement

Engages customers and acts as liaison between operations and the technical team. Utilizes revenue cycle knowledge base to meet and develop business intelligence and document business case/scope/plan. Sets expectations and coordinates team members utilizing teamwork and collaborative skills

Participates in various initiatives as a revenue cycle subject matter expert. Gathers and assimilates data and provides insight to leaders, committees and task forces

Assists in the development, maintenance, and distribution of ad-hoc reports and financial models as needed

Analyzes complex data sets to identify trends and variances to support optimal reimbursement. Communicates complex analytic findings and conclusions in an easy-to-understand manner

Extracts data, develops and presents logical and comprehensive analyses and/or summaries on key metrics, identifies trends, presents opportunity areas, and prioritizes initiatives for performance improvement in a variety of areas, such as claim submission, insurance and self-pay collections, refunds and write-off approvals. Performs data analysis on an independent basis and consults with management as necessary

Performs required testing and quality assurance to ensure solutions delivered are defect free and of high quality

Ensures the quality and integrity of data collected for decision making and works with the other areas of the organization to ensure consistency as applicable. Ensures information is consistent, accurate, relevant and timely

Supports financial strategy and analysis activities including business analysis, financial metrics, and project management

Utilizes department resources and supplies effectively and practices good time management. Helps minimize excess cost(s) by assisting and recommending solutions in achieving organizational objectives

Continuously seeks new and creative technologies and innovations that help identify and guide improvement opportunities

Stays current on revenue cycle and industry trends. Actively engages in personal assessment and expands learning beyond baseline competencies with a focus on continual development (i.e., participates in training opportunities, focal point review activity, etc.). Applies new learning

Proactively manages own professional development

Qualification

Revenue cycle experienceAnalytical skillsPerformance Improvement knowledgeSpreadsheet software proficiencyDatabase software proficiencyWord-processing software proficiencyCustomer service focusInterpersonal skillsProblem-solving abilityAttention to detail

Required

Bachelor's degree (preferably in business administration, finance, healthcare administration, or related discipline) or additional four years of experience (in addition to the minimum experience requirements listed below) in lieu of degree

Three years of experience supporting revenue cycle functions

Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through on-going skills, competency assessments, and performance evaluations

Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security

Ability to effectively communicate with patients, physicians, family members and co-workers in a manner consistent with a customer service focus and application of positive language principles

Ability to complete sophisticated analytical, consultative, and information support through analysis and report preparation

General knowledge of Performance Improvement methodologies

Skill in general use of spreadsheet, database and word-processing software

Ability to independently analyze and solve problems

Interpersonal skills for interfacing with all levels of customers and collaborating across clinical and non-clinical departments

Ability to multi-task with good attention to detail

Ability to enhance reporting effectiveness and efficiency