Senior Financial Analyst

Beacon Oral Specialists•Dallas, TX

About The Position

Come join a high growth company in creating a center of business excellence while supporting our oral surgeons build a best-in class clinical practice! Your new career awaits you... We are looking for a Senior Financial Analyst to join our team. We are a fast-paced organization that provides leading oral surgery practices with professional support services by partnering with us and joining our network. To be a successful Senior Financial Analyst you should have strong communication and interpersonal skills. You should demonstrate technical skills and a strong working experience in healthcare revenue cycle.

Requirements

BS/BA in Business or Finance preferred
Equivalent work experience (3 years healthcare revenue cycle) acceptable in lieu of degree.
Experience with provider billing as opposed to hospital is required.
Experience in data analysis/data modeling the ability to analyze data in creative ways and display results in a compelling manner.
Knowledge of database management software (Access, SQL).
Strong computer skills; proficiency with Microsoft Office suite.
Thorough understanding of ICD-10, CPT codes, HCPCS codes, hospital and physician billing, third party reimbursements and contracts.
Experience with 835/837 files
Software implementation and project management skills.
Excellent interpersonal skills as well as superior writing skills.
Deadline oriented; ability to work independently and in a team environment.
Ability to manage multiple complex and concurrent projects.
Proven ability to mine and analyze business data in creative ways and display results in a compelling manner.
Strong situational analysis and data-driven decision-making abilities.
Demonstrated understanding of healthcare revenue cycle.
Proactive problem-solving and critical-thinking skills.
Excellent verbal and written communication skills.

Responsibilities

Responsible for assisting the Revenue Cycle department with analysis of key performance metrics.
Develops and refines reports that identify problems and highlight potential opportunities.
Analyzes third party denials and prepares relevant reports regarding trends in third party payments, denials and rejections.
Works with ancillary departments’ staff and third-party payor provider representatives to identify source of denials and develop processes to eliminate and/or minimize untimely payments, underpayments, denials and rejections to improve cash flow.
Prepares, mines data, evaluates, resolves, distributes and records statistics accurately and timely.
Proficient in the understanding and management of all functions related to third-party billing processes, specializing in practice and professional fee denial management, and fee schedule reimbursements.
Creates and provides regular updates to reports which help identify and correct issues that are negatively impacting revenue.
Reviews individual denials to determine why they occurred.
Monitors denial trends and reports; recommends corrective and preventative actions.
Produces ad-hoc reports.
Actively participates in revenue cycle initiatives and leads processes affecting operations within revenue cycle.