Analyze practice data to improve cash flow and reduce outstanding accounts receivable by identifying trends, pinpointing root causes of payment delays, and developing strategies to improve revenue cycle performance.
Requirements
- Proven Analytical Skills: You must be able to not only analyze complex data but also translate your findings into clear, actionable business recommendations.
- Revenue Cycle Expertise: A strong understanding of the professional billing revenue cycle, including claims submission, denial management, and accounts receivable follow-up.
- Data Visualization & Reporting: Experience working with business intelligence tools (e.g., Power BI) and collaborating with IT to build and maintain dashboards.
Responsibilities
- Dive deep into practice data to analyze revenue cycle performance.
- Identify trends, pinpoint root causes of payment delays, and proactively develop strategies to improve cash flow and reduce outstanding accounts receivable.
- Partner with our IT department to design and implement custom dashboards and reporting tools.
- These tools will be essential for monitoring key performance indicators (KPIs), tracking service level agreements (SLAs), and providing actionable insights to leadership.
- Collaborate with internal and external stakeholders to streamline billing processes, implement best practices, and optimize workflows to increase efficiency and revenue capture.
- Continuously monitor and report on the financial health of assigned practices, providing regular updates and recommendations to management.
Other
- This is an opportunity to directly impact the financial health of our healthcare partners and contribute to a company that is making a real difference in the industry.
- If you are a results-oriented professional ready for a challenging and rewarding role, we encourage you to apply.
- Strong Communication: The ability to effectively communicate complex financial information to both technical and non-technical audiences.
- Problem-Solving Mindset: A proactive approach to identifying and solving problems before they impact the bottom line.
