Revenue Cycle Analyst

Myriad Genetics•Salt Lake City, UT

About The Position

The Revenue Cycle Analyst 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 [https://www.myriad.com/] and follow Myriad Genetics on LinkedIn [https://www.linkedin.com/company/myriad-genetics]. 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] [[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.

Requirements

High school diploma or GED required; bachelor’s degree in accounting, finance, analytic or healthcare related degree preferred.
1+ year of healthcare or insurance contracting experience preferred, a mix of analytics-related schooling and relevant medical billing experience may be substituted for a degree.
Fundamental understanding of Revenue Cycle principles, CPT and HCPCS coding.
Working knowledge of DSO reduction, accounts receivable, HIPAA regulations, and EDI claims submission methods.
Intermediate knowledge of Microsoft Excel (pivot tables, formulas) and PowerPoint.

Nice To Haves

Experience with data tools (Xifin and Looker) preferred.

Responsibilities

Provide guidance on processes, and reimbursement mechanisms to proactively identify opportunities of improvement.
Utilize data to perform root cause analysis to improve efficiency and automation in the Revenue Cycle.
Provide guidance in medical policy guidelines to assist in system automation modifiers, improve collections, and decrease outstanding work.
Maintain and update fee schedules and support audit requests. Ability to comprehend medical billing contracts and make internal system updates to align with those contracts.
Evaluate and coordinate reporting and updates related to patient cost estimate eligibility, reporting, and rule updates. Assist in creating logic for generating patient cost estimates. This includes understanding patient cost share and ability to recognize payor trends to make data driven updates to current estimate rules.
Effectively communicate problems, root causes, and proposed solutions to Analytics team and stakeholders.
Support the tracking of action plans, preparing analysis and using data to plan, organize, manage, and control collection processes. Able to present findings in a data story format.
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.
Coordinate payor reviews with Revenue Cycle and operations leaders to meet company goals, driving a culture of continuous improvement through the analysis of business unit specific KPI’s and the applicable data drivers.
Assists in PAMA reporting for new and existing tests with accuracy and timely delivery to the Vice President for regulatory reporting.