Revenue Cycle Improvement Analyst
Company: CTI Education Group
Location: Silver Spring
Posted on: February 16, 2021
Job Description - Revenue Cycle Improvement Analyst (210000CB)
Job Description Description The Revenue Cycle Improvement Analyst
is responsible for identifying and managing process improvements
initiatives that drive net revenue improvement. The Revenue Cycle
Improvement Analyst is responsible for executive dashboard
reporting, revenue cycle reporting, and other reporting to meet the
financial needs of the organization. The Revenue Cycle Improvement
Analyst will lead recurring meetings with clinical and Revenue
Cycle leadership to review analytics and provide updates on process
improvement initiatives. The Revenue Cycle Improvement Analyst will
report to the Director of Revenue Cycle Analytics. Qualifications
Bachelor's Degree (Required)
Minimum Work Experience
5 years ---Healthcare experience in finance, decision support,
clinical operations, or related financial analysis background.
5 years ---Revenue Cycle operations experience. (Preferred) And
2 years ---Experience with managing projects or process improvement
initiatives. (Preferred) And
1 year - Experience with hospital/physician information and Revenue
Cycle information systems. (Preferred)
Proven analytical skills including, ability to identify trends and
areas for improvement and make recommendations based on financial
Have superior technical skills including proficiency in the
Microsoft Suite of applications (Word, Excel, PowerPoint,
Robust understanding of the revenue cycle processes.
Demonstrated ability to facilitate team or group activities and
demonstrated leadership qualities including professional verbal and
written communication skills.
Ability to project manage performance improvement initiatives
related to improving processes and financial performance.
Ability to deliver results on time, on budget, and to the very
Ability to support the VP of Revenue Cycle, Finance and the CFO
with key reporting and trending relating to overall business
intelligence including denial management, vendor management and Key
Performance Indicator (KPI) dashboards.
Ability to work efficiently under pressure and to tight
Demonstrated ability to be flexible and to prioritize workload,
decision-making skills, and professional development through
participation in continuing education and professional
Ability to train clinical staff on new technologies and processes,
and to analyze workflow for process improvement.
Ability to partner with external parties, including technology
Experienced in department budget, contract modeling, healthcare
statistics and interpersonal communication preferred.
Clinical Department Partnership
1. Create monthly analytics workbook for clinical departments and
service lines focused on gross revenue, denials, cash, and coding
2. Present analytics workbook to clinical department and service
line leadership on recurring basis.
3. Identify revenue improvement opportunities through analysis of
data and review of current processes.
4. Manage implementation and completion of process improvements
through partnering with appropriate clinical and revenue cycle
teams leading to measureable success.
5. Manage ad hoc report requests received from other departments in
Revenue Cycle Strategic Planning and Reporting
1. Contribute to the strategic plan for Revenue Cycle services,
including the rollout of monthly analytics workbooks to additional
clinical departments and service lines.
2. Appropriately utilize industry information (e.g. from HFMA,
AAHAM, etc.) and CNMC peer resources (e.g. State Hospital
Association, CHA) to understand national and regional trends, peer
hospital innovations, successes, and benchmarks related to revenue
cycle, specifically denials management.
5. Provide strategic support of AR Strategy as it relates to items
such as reporting and identify focus areas for improvement.
Program and Service Administration and Implementation
1. Responsible for overall Revenue Cycle Dashboard reporting on
both a weekly and monthly basis, which includes data mining and
report interpretation to ensure key themes are identified,
addressed and escalated appropriately to VP of Revenue Cycle.
2. Collaborate with upper management to evaluate current as well as
new program initiatives for effectiveness, feasibility, performance
measurement and cost; ensure compliance with organizational and
departmental policies and procedures, and regulatory standards.
3. Analyze data on all Revenue Cycle KPIs related to Patient
Access, Patient Accounting, and Revenue Integrity.
4. Manage improvement initiatives related to opportunities
identified from Revenue Cycle reporting.
Information Resources Management
1. Acts as the "super user" of Revenue Cycle reporting tools;
provide key input and participation on any system upgrade or
enhancement affecting these systems.
2. Utilize multiple IT systems to manage analysis, issue research
and resolution, and process improvement implementation.
5. Routinely identify enhancements to reports and/or tools to
support leading practice processes and facilitate continuing
Revenue Cycle improvement; provide content expertise in the
development, implementation, revision and management of data
systems that support the Revenue Cycle.
6. Actively support initiatives related to Revenue Cycle and ensure
organizational preparedness and compliance (such as Cerner Revenue
7. Serve as key resource for Revenue Cycle reporting vendors;
manage tasks related to these vendors.
Budget and Financial Management
1. Work with Director of Revenue Cycle Analytics and Vice President
of Revenue Cycle throughout the year and participate in the
budgeting process to identify volume impacts, equipment needs,
2. Implement actions to administer programs within budgetary
3. Mitigate financial risks for the organization and departments
with the organization associated with the processes and programs
reporting to the Vice President.
-- Primary Location : Maryland-Silver Spring Work Locations :
Dorchester 12200 Plum Orchard Dr Silver Spring 20904 Job :
Non-Clinical Professional Organization : Finance Regular /
Temporary : R (Regular) Position Status : FT - Full-Time Shift :
Day Work Schedule : 8:30 AM - 5:00 PM Job Posting : Feb 9, 2021,
7:50:29 PM Childrens National Hospital is an equal opportunity
employer that evaluates qualified applicants without regard to
race, color, national origin, religion, sex, age, marital status,
disability, veteran status, sexual orientation, gender, identity,
or other characteristics protected by law.
Keywords: CTI Education Group, Silver Spring , Revenue Cycle Improvement Analyst, Accounting, Auditing , Silver Spring, Maryland
Didn't find what you're looking for? Search again!