Boston Medical Center
Sr. Revenue Cycle Analyst
Boston Medical Center, Quincy, Massachusetts, us, 02171
POSITION SUMMARY
:
Reporting directly to the Manager, Process Improvement. The Senior Revenue Cycle Analyst is responsible for providing the enterprise revenue cycle reporting, process improvement and analytical support at BMC and BUMG. This will encompass but not limited to the implementation/management of all reporting/process improvement initiatives and analytic tools to support data analysis and comprehensive understanding of all platforms in support of the work initiatives.
The Senior Revenue Cycle Analyst will oversee the design, implementation, and operation of all enterprise revenue cycle reporting and analytics. The Senior Revenue Cycle Analyst will also provide oversight to a team of managers to ensure that revenue cycle reliable metrics, reporting, and analytics are provided to BMC & BUMG customers in a timely manner ensuring relevant information is encompassed to aid with decision-making and process change analysis.
Drive the vision for how the technology and infrastructure should evolve to best support the evolving reporting and analytical needs within Revenue Cycle, and in support of customers. The Senior Revenue Cycle Analyst will engage with leadership within Revenue Cycle and third party vendors to ensure that reporting and analytic resources are optimally aligned, to meet specific strategic needs of the organization. The Senior Revenue Cycle Analyst will be a key contributor to the overall Revenue Cycle team and will participate In planning and organizational improvement initiatives.
Position:
Senior Revenue Cycle Analyst
Department:
Revenue Cycle
Schedule:
Full Time, Crown Colony Plaza Quincy MA
ESSENTIAL RESPONSIBILITIES / DUTIES:Provides mentoring to BMC and BUMG analystsProvides reporting and analytic training to BMC and BUMG staffResponsible for the production and distribution of enterprise revenue cycle performance reporting; serves as a subject matter expert on data analyticsPerforms root cause analysis for all revenue cycle areas, communicates trends, and provides process improvement recommendationsServes as a member and acts as a resource to various committees including but not limited to Revenue Cycle Council & Denials Management teamsImplement reporting and analytic strategy to decrease cost, maximize quality, and identify opportunities for improvement within revenue cycle financialsOversee, implement, and maintain processes for analyzing aging for all payers, and identifies opportunities for accelerating cash and reducing AR >90 days. Identifies trends in denial and payment delay by payersOversee, implement, and maintain processes for analyzing payer denials, identifies and implements prevention opportunities for reducing denials and increasing revenueMeets regularly with all Revenue Cycle teams and facilitates communication to all team membersUnderstand the evolving business and analytics needs at BMC, BUMG and at peer organizationsKeep abreast of the latest advances in reporting and analytics across all industries and set the vision for how the toolset at BMC and BUMG should evolvePlans, manages and over-sees projects, utilizing recognized project management methodologiesCreates customized reports as requested by system users, and trains core users on reporting toolsDevises and recommends new or modified approaches to reporting to improve financial and statistical reportingTakes lead on projects outside original scope of work as needed to maintain a high performing revenue cyclePerforms other duties as assigned IND123Must adhere to all of BMC's RESPECT behavioral standards.
JOB REQUIREMENTS
EDUCATION:
Bachelor's degree in finance, business, healthcare or related field required; masters preferredEXPERIENCE:
5 or more years' experience preferred in the areas of finance, revenue cycle management, or information systemsExperience within healthcare preferredStrong analytic and reporting skills needed with an ability to identify and implement continuous process improvements and automation, where appropriateKNOWLEDGE, SKILLS & ABILITIES:
Technical
Demonstrated ability in Epics SlicerDicer, Workbench, and Cubes reporting platformsDemonstrated super user ability in third party analytic applicationsComprehensive knowledge of accounting, finance and business administration, and a practical knowledge of patient financial billing regulations/requirements, reimbursement, and managed care in order to understand the billing systems; review, interpret, and analyze patient financial billing reports and data; and plan, coordinate and prepare for auditsComprehensive understanding of patient billing policies, procedures and health insurance standardsProject Management
Strong demonstrated project management skills, from vision through implementation. Ability to manage multiple complex projects simultaneouslyAbility to ensure work assignments are completed in accordance with an established project timelineLeadership
Demonstrated leadership skills, with ability to work with multi-departmental teams and peersDemonstrated ability to set vision and motivate stakeholders to realize the visionSolid understanding of business environment and operationsStrong analytical, problem-solving and conceptual skillsAbility to be part of a cross-departmental and cross-functional team, and participate in the organization and execution of projectsExcellent oral and written communication skillsAbility to communicate effectively with both technical and non-technical people
Equal Opportunity Employer/Disabled/Veterans
:
Reporting directly to the Manager, Process Improvement. The Senior Revenue Cycle Analyst is responsible for providing the enterprise revenue cycle reporting, process improvement and analytical support at BMC and BUMG. This will encompass but not limited to the implementation/management of all reporting/process improvement initiatives and analytic tools to support data analysis and comprehensive understanding of all platforms in support of the work initiatives.
The Senior Revenue Cycle Analyst will oversee the design, implementation, and operation of all enterprise revenue cycle reporting and analytics. The Senior Revenue Cycle Analyst will also provide oversight to a team of managers to ensure that revenue cycle reliable metrics, reporting, and analytics are provided to BMC & BUMG customers in a timely manner ensuring relevant information is encompassed to aid with decision-making and process change analysis.
Drive the vision for how the technology and infrastructure should evolve to best support the evolving reporting and analytical needs within Revenue Cycle, and in support of customers. The Senior Revenue Cycle Analyst will engage with leadership within Revenue Cycle and third party vendors to ensure that reporting and analytic resources are optimally aligned, to meet specific strategic needs of the organization. The Senior Revenue Cycle Analyst will be a key contributor to the overall Revenue Cycle team and will participate In planning and organizational improvement initiatives.
Position:
Senior Revenue Cycle Analyst
Department:
Revenue Cycle
Schedule:
Full Time, Crown Colony Plaza Quincy MA
ESSENTIAL RESPONSIBILITIES / DUTIES:Provides mentoring to BMC and BUMG analystsProvides reporting and analytic training to BMC and BUMG staffResponsible for the production and distribution of enterprise revenue cycle performance reporting; serves as a subject matter expert on data analyticsPerforms root cause analysis for all revenue cycle areas, communicates trends, and provides process improvement recommendationsServes as a member and acts as a resource to various committees including but not limited to Revenue Cycle Council & Denials Management teamsImplement reporting and analytic strategy to decrease cost, maximize quality, and identify opportunities for improvement within revenue cycle financialsOversee, implement, and maintain processes for analyzing aging for all payers, and identifies opportunities for accelerating cash and reducing AR >90 days. Identifies trends in denial and payment delay by payersOversee, implement, and maintain processes for analyzing payer denials, identifies and implements prevention opportunities for reducing denials and increasing revenueMeets regularly with all Revenue Cycle teams and facilitates communication to all team membersUnderstand the evolving business and analytics needs at BMC, BUMG and at peer organizationsKeep abreast of the latest advances in reporting and analytics across all industries and set the vision for how the toolset at BMC and BUMG should evolvePlans, manages and over-sees projects, utilizing recognized project management methodologiesCreates customized reports as requested by system users, and trains core users on reporting toolsDevises and recommends new or modified approaches to reporting to improve financial and statistical reportingTakes lead on projects outside original scope of work as needed to maintain a high performing revenue cyclePerforms other duties as assigned IND123Must adhere to all of BMC's RESPECT behavioral standards.
JOB REQUIREMENTS
EDUCATION:
Bachelor's degree in finance, business, healthcare or related field required; masters preferredEXPERIENCE:
5 or more years' experience preferred in the areas of finance, revenue cycle management, or information systemsExperience within healthcare preferredStrong analytic and reporting skills needed with an ability to identify and implement continuous process improvements and automation, where appropriateKNOWLEDGE, SKILLS & ABILITIES:
Technical
Demonstrated ability in Epics SlicerDicer, Workbench, and Cubes reporting platformsDemonstrated super user ability in third party analytic applicationsComprehensive knowledge of accounting, finance and business administration, and a practical knowledge of patient financial billing regulations/requirements, reimbursement, and managed care in order to understand the billing systems; review, interpret, and analyze patient financial billing reports and data; and plan, coordinate and prepare for auditsComprehensive understanding of patient billing policies, procedures and health insurance standardsProject Management
Strong demonstrated project management skills, from vision through implementation. Ability to manage multiple complex projects simultaneouslyAbility to ensure work assignments are completed in accordance with an established project timelineLeadership
Demonstrated leadership skills, with ability to work with multi-departmental teams and peersDemonstrated ability to set vision and motivate stakeholders to realize the visionSolid understanding of business environment and operationsStrong analytical, problem-solving and conceptual skillsAbility to be part of a cross-departmental and cross-functional team, and participate in the organization and execution of projectsExcellent oral and written communication skillsAbility to communicate effectively with both technical and non-technical people
Equal Opportunity Employer/Disabled/Veterans