Revenue Analyst I, Innovation

Mass General BrighamSomerville, MA
1dHybrid

About The Position

Site: Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham. Job Summary Responsible for the support of revenue cycle management within Innovation by analyzing and optimizing financial data related to revenue generation, invoicing, and collections.

Requirements

  • Bachelor's Degree Finance required or Bachelor's Degree Related Field of Study required
  • 1-2 years of experience required in revenue analysis, financial analysis, or revenue cycle management within the healthcare industry, 3+ years experience preferred.
  • Strong analytical skills with the ability to interpret complex financial and operational data.
  • Proficiency in data analysis tools and software or business intelligence platforms.
  • Ability to mentor, coach others.
  • Excellent verbal and written communication skills.
  • Demonstrated ability to analyze problems, define root causes and implement appropriate solutions/process improvements.
  • Excellent attention to detail and accuracy in working with financial data.

Responsibilities

  • Analyze and interpret financial data related to revenue generation, billing, and collections.
  • Monitor key performance indicators (KPIs) such as net revenue, accounts receivable days, and collection rates.
  • Identify trends, patterns, and anomalies in revenue data and provide insights and recommendations for improvement.
  • Collaborate with Innovation Operations team to identify opportunities for process improvement and revenue enhancement.
  • Evaluate revenue cycle processes, including billing, coding, and collections, to identify inefficiencies and develop strategies for improvement.
  • Monitor and analyze the impact of process changes on revenue performance.
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