Revenue Analyst I
 Martha's Vineyard Hospital | |
 United States, Massachusetts, Oak Bluffs | |
 Jan 14, 2025 | |
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Summary
Responsible for the support of revenue cycle management by analyzing and optimizing financial data related to revenue generation, billing, and collections. Does this position require Patient Care? No Essential Functions -Analyze and interpret financial data related to revenue generation, billing, and collections. -Monitor key performance indicators (KPIs) such as net revenue, accounts receivable days, denials, and collection rates. -Identify trends, patterns, and anomalies in revenue data and provide insights and recommendations for improvement. -Collaborate with revenue cycle management teams to identify opportunities for process improvement and revenue enhancement. -Evaluate revenue cycle processes, including billing, coding, and collections, to identify inefficiencies and develop strategies for improvement. -Monitor and analyze the impact of process changes on revenue performance. Education Bachelor's Degree Finance required or Bachelor's Degree Related Field of Study required Can this role accept experience in lieu of a degree? No Licenses and Credentials Experience Experience in revenue analysis, financial analysis, or revenue cycle management within the healthcare industry. 1-2 years required Knowledge, Skills and Abilities - Strong analytical skills with the ability to interpret complex financial and operational data. - Proficiency in data analysis tools and software, such as Excel, SQL, or business intelligence platforms. - Knowledge of healthcare revenue cycle processes, including billing, coding, collections, and reimbursement. - Understanding of healthcare reimbursement methodologies, payer contracts, and regulatory requirements. - Excellent attention to detail and accuracy in working with financial data. Physical Requirements Martha's Vineyard Hospital, Inc. is an Equal Opportunity Employer. By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. | |