Revenue Cycle Analyst Sr

CommonSpirit HealthChicago, IL
$41 - $68Onsite

About The Position

As our Revenue Analyst, you will analyze financial data to optimize revenue and ensure effective financial performance through insightful reporting and strategic recommendations. Every day you will collect, analyze, and interpret complex revenue data, pricing, and market trends. You'll prepare reports, develop forecasts, and provide strategic recommendations to management to enhance profitability and cycle efficiency. You'll also identify discrepancies, conduct variance analysis, and support financial planning. To be successful, you will demonstrate strong analytical skills, attention to detail, and proficiency in financial modeling and data visualization. Excellent communication for presenting complex information and a commitment to accuracy are essential. Third-party revenue cycle vendor / partners system optimization and integration. Develops and maintains functional and accurate reconciliation between host systems and third-party systems. Primarily responsible for maintaining data accuracy between CommonSpirit host systems (e.g., Epic, STAR, Meditech, Paragon, CPSi, etc.) and numerous vendor platforms/products. Reconciliation efforts are needed across multiple systems concurrently as well to ensure proper account handling. Main point of contact for vendors and internal contacts for system reconciliation exceptions and resolution. Accurate and timely maintenance of Revenue Cycle system dictionaries and tables, based on collaboration with RRC management and IT resources when applicable. Review Revenue Cycle metrics, exception report review and management, daily agency file review/clean-up, and accounts receivable inventory for optimization and efficiency opportunities.

Requirements

  • Bachelors degree in Business Administration, Economics, Finance, Accounting, Healthcare Administration, or related field.
  • Electronic Health Record technical or operational experience.
  • Demonstrated experience in reporting and analytics, including database management, system administration, business intelligence tools (e.g., SQL, QLIK, Tableau).

Nice To Haves

  • At least 5 years directly related financial experience with a minimum of 3 years of revenue cycle management or support in a hospital setting.
  • Experience with root cause analysis techniques and lean processes.
  • Project Management Professional certification.

Responsibilities

  • Analyze financial data to optimize revenue and ensure effective financial performance through insightful reporting and strategic recommendations.
  • Collect, analyze, and interpret complex revenue data, pricing, and market trends.
  • Prepare reports, develop forecasts, and provide strategic recommendations to management to enhance profitability and cycle efficiency.
  • Identify discrepancies, conduct variance analysis, and support financial planning.
  • Optimize and integrate third-party revenue cycle vendor/partner systems.
  • Develop and maintain functional and accurate reconciliation between host systems and third-party systems.
  • Maintain data accuracy between CommonSpirit host systems and numerous vendor platforms/products.
  • Serve as the main point of contact for vendors and internal contacts for system reconciliation exceptions and resolution.
  • Maintain Revenue Cycle system dictionaries and tables.
  • Review Revenue Cycle metrics, exception reports, daily agency files, and accounts receivable inventory for optimization and efficiency opportunities.
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