What are the responsibilities and job description for the Revenue Cycle Analyst position at Global Medical Response?
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Revenue Cycle Analyst
Location: On-Site, Lewisville, TX
Compensation: Dependent on Experience
Schedule: Exempt Full-Time
The Revenue Cycle Analyst analyzes and audits data to optimize revenue cycle processes and to support GMR’s revenue strategies. This role monitors and evaluates data to identify root causes behind changing patterns in key measures to the revenue cycle, including collections, payor reimbursement, payor mix, and accounts receivable. This role requires knowledge of revenue cycle operations, strong analytical skills, and the ability to produce reports and present findings to all levels of the organization. Finally, this position will perform all duties and responsibilities in a manner consistent with GMR's mission, values, and professional standards.
Essential Duties And Responsibilities
GMR’s Core Behaviors—keep care at the center, raise your hand, seek to understand, find a way together and be accountable—unite our teams and set us apart in emergency medical services.
Global Medical Response and its family of companies are an Equal Opportunity Employer, which includes supporting veterans and providing reasonable accommodations for individuals with a disability.
Revenue Cycle Analyst
Location: On-Site, Lewisville, TX
Compensation: Dependent on Experience
Schedule: Exempt Full-Time
The Revenue Cycle Analyst analyzes and audits data to optimize revenue cycle processes and to support GMR’s revenue strategies. This role monitors and evaluates data to identify root causes behind changing patterns in key measures to the revenue cycle, including collections, payor reimbursement, payor mix, and accounts receivable. This role requires knowledge of revenue cycle operations, strong analytical skills, and the ability to produce reports and present findings to all levels of the organization. Finally, this position will perform all duties and responsibilities in a manner consistent with GMR's mission, values, and professional standards.
Essential Duties And Responsibilities
- Prepare and present Revenue Cycle Key Performance Indicator (KPI) reports, on a recurring basis (i.e. weekly, monthly, quarterly), to Revenue Cycle and Operational Leaders.
- Proactively identify and communicate unfavorable reimbursement trends, provide key insights for potential root causes, and recommend targeted improvement opportunities.
- Perform account audits to review revenue cycle processes and monitor payor behavior.
- Monitor and evaluate effectiveness of revenue cycle improvement opportunities through dashboards and reports.
- Provide Revenue Cycle analytical support to other departments on an ad hoc basis.
- Work with revenue cycle management team in performing deep dive analyses around improving outcomes with, but not limited to, collections, unbilled claims, accounts receivable, and denials.
- Bachelor's Degree in Business Administration, Healthcare Administration, or related field from an accredited college or university preferred
- 3 years of Healthcare Revenue Cycle experience
- Proficiency with MS Excel, with expertise creating Pivot Tables to analyze data and generate detailed reports
- Excellent written and verbal communication skills
- Effectively handle multiple projects simultaneously in a deadline driven environment
- Identify root causes and provide solutions to process bottlenecks or changes in reimbursement
- The Revenue Cycle Analyst must have a working knowledge of healthcare revenue cycle
- Audit data for accuracy and integrity, along with demonstrating exceptional attention to detail
- Work with persons at all levels of the organization and interact with members of multiple departments successfully
- Work with minimal supervision to accomplish and carry out goals/objectives on time
GMR’s Core Behaviors—keep care at the center, raise your hand, seek to understand, find a way together and be accountable—unite our teams and set us apart in emergency medical services.
Global Medical Response and its family of companies are an Equal Opportunity Employer, which includes supporting veterans and providing reasonable accommodations for individuals with a disability.