Revenue Cycle Analyst II

Myriad Genetics•Salt Lake City, UT

22h

About The Position

The Revenue Cycle Analyst II supports a culture of excellence and improvement by acting as a key thought partner, engaging the Revenue Cycle Management team. Ready to transform the future of patient care through the power of genetics? For more than 30 years, Myriad Genetics has led the way in precision medicine by delivering important insights to help people make informed health decisions. As a leading molecular diagnostic testing and precision medicine company, we are dedicated to advancing health and well-being for all. Our innovative genetic tests are used across specialties including oncology, women’s health, and mental health, empowering clinicians to personalize treatment and help their patients take proactive steps toward better outcomes. What inspires us – and you – is simple: Every test, every insight, and every patient story emphasizes our commitment to improving lives through science, innovation, and care. you’re ready to help shape the future of medicine. Your work will have meaningful impact, and your dedication can change lives. Learn more at https://www.myriad.com and follow Myriad Genetics on LinkedIn. We are an equal opportunity employer and place high value on inclusion and belonging. We prohibit discrimination and harassment on the basis of any protected characteristic, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. If you need assistance submitting your application due to a disability, you can request an accommodation by contacting [email protected]. Please answer all questions completely. Please do not provide any information not specifically requested on this Employment Application form. To get the best candidate experience, please consider applying for a maximum of 3 roles within 12 months to ensure you are not duplicating efforts. Myriad Genetics will never request payment, solicit personal financial information, or conduct interviews via informal channels (e.g., personal email, text messages). All opportunity-related communication with Myriad Genetics will come from our employees, whose e-mail addresses end with "@myriad.com."

Requirements

Bachelor’s degree in business, informatics, quantitative field or 3+ years of revenue cycle/analytics experience
Fundamental understanding of revenue cycle principles, the theory of bottlenecks, and use of data models to measure and predict outcomes of processes.
Working knowledge of CPT, HCPCS coding, DSO reduction, accounts receivable, denial resolution, appeals, HIPAA regulations, and EDI claims submission methods.
Advanced knowledge of Microsoft Excel (ability to clean, transform and merge data sets; perform complex data analytics) and experience with Business Information data tools, Looker, Xifin and Power BI preferred.
Lifting Requirements – light work or exerting up to 20 pounds of force frequently.
Physical Requirements – stationary positioning, moving, operating, ascending/descending, communicating, observing, pushing or pulling, and reaching.
Use of equipment and tools necessary to perform essential job functions.

Responsibilities

Effectively communicate problems, root causes, and proposed solutions to the Analytics team and stakeholders.
Expertise level of data presentation, Ability to explain issues for their assigned business unit to different levels of leadership from front line worker to C-suite.
Expert ability in creating visuals to present data in a concise manner.
Develop and adhere to a cadence of timely reporting and delivery of business analysis to stakeholders, including reporting key metrics.
Assist management with tracking issue action plans to ensure timely collection and follow-up.
Present root cause analysis data findings with conciseness and recommendations following a data story format.
Guide trainings over excel or analytic functions to billing members.
Understands and utilizes their expertise of the revenue cycle process from claim submission to receipt of payment/write off.
Able to pinpoint inefficiencies along the way and make suggestions for process improvement.
Builds data models and dashboards to support consistent, accurate and timely analysis that supports improving collections, developing more accurate collection processes, and improving efficiency and automation.
Develops a thorough understanding of reporting systems, billing and analytic processes and payor-specific reimbursement and billing requirements, contributing in the proactive identification of opportunities for revenue cycle improvement and enhancement including identifying trends to resolve denials.
Participate and, at times, represent Revenue Cycle in ASP meetings and discussions.
Develops relationships with revenue cycle vendors to ensure vendor performance and quality meets or exceeds standards set for those relationships.
Measures and suggests improvements in clinically based appeal strategies.
Assists in PAMA reporting for new and existing tests with accuracy and timely delivery to the Vice President for regulatory reporting.
Evaluate claim processing outcomes to improve the internal cost estimating engine and make revenue processing recommendations.