RCM Performance Analyst

ModMed•Boca Raton, FL

3d•Hybrid

About The Position

ModMed is hiring an RCM Performance Analyst who will play a crucial role in optimizing ModMed's revenue cycle operations through data analysis, process improvement, and strategic collaboration. This individual will contribute to maximizing revenue realization and ensuring financial health.

Requirements

Bachelor's degree in Finance, Healthcare Administration, Business, or a related field.
Minimum of 3-5 years of experience in Revenue Cycle Management (RCM) within a healthcare setting.
Proven experience with data analytics tools and methodologies.
Demonstrated ability in analytical thinking and problem resolution.
Excellent communication and collaboration skills, with the ability to convey complex information clearly.
Strong understanding of continuous improvement principles and experience leading process improvement initiatives.
Ability to work independently, take initiative, and manage multiple priorities effectively.

Nice To Haves

Experience in strategy development related to revenue cycle optimization is highly desirable.

Responsibilities

Conduct in-depth data analytics to identify trends, issues, and opportunities within the revenue cycle, encompassing all stages from patient registration to claims resolution.
Lead and support process improvement initiatives aimed at enhancing efficiency, accuracy, and compliance within RCM.
Collaborate effectively with cross-functional teams, including billing, coding, and product, to resolve complex revenue cycle problems and implement sustainable solutions.
Communicate findings, recommendations, and progress clearly and concisely to various stakeholders, both verbally and in written reports.
Utilize strong analytical thinking to interpret financial data, identify root causes of discrepancies, and propose actionable strategies.
Proactively identify areas for continuous improvement within RCM processes and propose innovative solutions.
Take initiative to investigate and resolve revenue cycle challenges, often working independently to drive projects forward.
Contribute to the development and implementation of revenue cycle strategies that align with organizational goals.
Track and present outcomes of recommendations and impact on revenue.
Demonstrate excellent problem resolution skills to address and mitigate revenue cycle roadblocks.
Work independently on assigned projects and tasks, while also fostering a collaborative environment.