Associate Revenue Cycle Management Analyst

NYU Langone Health•New York, NY

3d•$66,300 - $67,000•Onsite

About The Position

We have an exciting opportunity to join our team as a Associate Revenue Cycle Management Analyst. In this role, the successful candidate as the Revenue Management Associate Analyst will support the Revenue Management Department through the identification, quantification and execution of special projects identifying areas of increased net revenue opportunities. The analyst will provide reimbursement analysis. This will be accomplished by reviewing current practices as they relate to system interfacing, account audits, contractual language, and any other system or department that may impact the financial health of this institution. The Associate Analyst reports to the Revenue Management Manager.

Requirements

Bachelor's degree in Economics/Statistics, Finance, Business Management, Finance, Healthcare administration or a related field or equivalent combination of education and experience.
Three of related health care administration/financial or revenue cycle analysis experience.
Qualified candidates must be able to effectively communicate with all levels of the organization.
Experience in MS Access, Excel and Word required.

Nice To Haves

Experience in financial analysis, budgeting, business and process analysis, working knowledge of third party reimbursement is required.
Comprehensive understanding of audit and reimbursement systems, managed care contracts, rate structures, billing and collection processes and procedures, utilization review, health care information systems, outpatient revenue, home health, and other related health care topics is required.
Strong analytical skills and excellent communication skills required.
Knowledge of managed care terminologies and ability to interpret hospital bills, explanation of benefits, and medical records.
Strong computer and systems application skills.
Knowledge of NYULMC IT systems such i.e. Epic and EPSi is preferred.
Knowledge of EPIC enterprise system preferred.

Responsibilities

Maintains and updates the monthly workload tracking document.
Performs and participates in other related duties as required.
Provides knowledge transfer and support to RMD staff.
Performs data collection, tracking and analytical duties to respond to key issues, increase/track reimbursement opportunities and process efficiency and in support of the decision making process of leadership from multidisciplinary perspectives.
Assist in identifying trends for process improvement projects with departments with the purpose of increasing overall net revenue and charge capture rates, and securing optimal efficiency.
Works collaboratively with Auditors and department management/administration to understand services provided to explore and capitalize on opportunities for increased reimbursement.
Based on charge audit trends, identifies administrative errors, inaccurate service code assignment, and discrepancies in interpretation of charging and/or reimbursement methodologies.
Data mines from hospital information systems, and runs reports as requested to find opportunities for revenue generation.