Revenue Cycle Analyst
The salary range for this position is $28.86 - $44.74 (Hourly Rate)
Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement. We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section located at jobs.nm.org/benefits to learn more. Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine. We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service. Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment. Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional, and financial well-being. Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups. From discovery to delivery, come help us shape the future of medicine.Benefits:
- $10,000 Tuition Reimbursement per year ($5,700 part-time)
- $10,000 Student Loan Repayment ($5,000 part-time)
- $1,000 Professional Development per year ($500 part-time)
- $250 Wellbeing Fund per year ($125 for part-time)
- Matching 401(k)
- Excellent medical, dental and vision coverage
- Life insurance
- Annual Employee Salary Increase and Incentive Bonus
- Paid time off and Holiday pay
Description
The Revenue Cycle Analyst reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.
The Revenue Cycle Analyst is responsible for compiling and analyzing revenue cycle data used for performance measures, analysis and decision support. Activities may include analysis of internal or external data, both hospital wide or service line specific. The Revenue Cycle analyst function also includes supporting the Liaisons and management with data and preparation of reports.
Responsibilities:
- Interpret basic revenue cycle and financial data.
- Maintain data basis and templates and ensure the integrity by monitoring and auditing outputs.
- Analyze contract variance and expected payor specific reimbursement.
- Run routine reports using various systems to extract data.
- Support NMG leadership’s strategic, financial and operational decision making.
- Collaborate with management staff to provide rigorous analysis in support of NMG business and clinical objectives.
- Maintain a portfolio of monthly revenue cycle reports, dash boards, and ad hoc reports as requested.
- Work closely with revenue cycle liaisons to identify trends and opportunities for areas of improvement.
Qualifications
Required :
- Bachelor’s degree in health administration or business or equivalent health care work experience.
- Working knowledge of PC applications such as Microsoft Office as well as the ability to write complex Excel formulas and advanced Excel functions required.
- Certified in an Epic revenue cycle application within 6 months of hire.
- 0-3 years of experience with Patient Accounting systems, preferably Epic required.
- Ability to analyze and manipulate large amounts of data.
- Ability to balance multiple priorities.
- Excellent verbal and written communications skills.
- Demonstrates attention to detail and monitors own work for accuracy.
- Ability to analyze data and make conclusions and recommendations for decision making purposes.
Preferred :
- 1-3 years of experience in a hospital or Physician Billing Office, Accounting, or Finance department
- Coding experience or some level of understanding of CPT/ICD-9 usage.
Equal Opportunity
Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.
Benefits
We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.
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