What are the responsibilities and job description for the Revenue Analyst position at University of Tennessee Medical Center?
Summary:
As a Revenue Analyst in Financial Planning and Analytics at The University of Tennessee Medical Center, you’ll play a pivotal role in driving our financial performance. The analyst is responsible for digging into billing & claims data to identify trends, uncover insights, and optimize revenue cycle operations. Problem solving acumen, attention to detail, analytical skills, and critical thinking are a must for this high impact position.
Responsibilities:
Examine hospital and physician practice data to identify trends, discrepancies, and revenue opportunities.
Model expected reimbursement for every encounter, comparing expected and actual reimbursement to guide financial forecasting.
Routinely prepare reports for senior leadership around net revenue, denial trends, and payor mix analysis.
Investigate denials, rejections, and write-offs; propose actionable solutions.
Collaborate with chargemaster, patient accounting, managed care, coding, and clinical teams to resolve issues affecting claim accuracy to minimize lost revenue.
Design reports that communicate performance, identify issues, and contribute to better management decisions.
Extract and analyze data from decision support and revenue cycle systems as needed.
Proactively manage timelines for projects.
Recognize and understand the flow of data and impact from upstream and downstream systems.
Maintains professional growth and development by engaging in continuing education, attending seminars, and affiliating with professional organizations to remain informed about industry trends.
Audit data for accuracy and resolve anomalies to ensure reliable reporting.
Qualifications:
Bachelor’s degree in Accounting, Finance, Business Analytics or related field is required.
Advanced proficiency in Microsoft Excel is essential for success in this role. The qualified applicant must have effective communication skills and the ability to thrive in both collaborative team settings and independent work environments. A proactive mindset, with the initiative and leadership to drive projects and objectives forward, is highly valued. Healthcare experience working with data from various sources including but not limited to Revenue Cycle, Patient Accounting, Cost Accounting, Decision Support, and Managed Care is preferred.
Job Type: Full-time
Ability to Commute:
- Knoxville, TN 37920 (Required)
Ability to Relocate:
- Knoxville, TN 37920: Relocate before starting work (Required)
Work Location: In person