Revenue Cycle Analyst

Revenue Cycle Analyst

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines. Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

Entity: Corporate Services

Department: Corporate Revenue Cycle

Location: 150 Monument Road Bala Cynwyd, Pa 19004

Hours: Hybrid, M-F, 7:30am/8:30am to 4:00pm / 5:00pm

The Revenue Cycle Analyst is responsible for assessing key opportunities and assisting with implementing effective revenue cycle solutions. This position assists in efforts to improve revenue cycle initiatives by strategically planning, directing, and coordinating activities to help revenue cycle staff with their business revenue operations, and clinical documentation and technical needs through assessments and interventions. This position will perform a variety of tasks; independently leading projects, managing the resolution of HB and PB Map's related WQ issues, identifying areas of improvement and education opportunities within revenue cycle and working collaboratively as a team member.

Accountabilities

• Responsible for monitoring and working HB and PB revenue cycle workqueues to ensure resolution of accounts are occurring in a timely manner.
• Reports, investigates, and assists in resolution of significant revenue cycle metrics variances identified through continuous monitoring reports.
• Assists with coordinating Revenue Cycle Assessments throughout organization collaborating with departments to implement leading performance improvement plans.
• Oversees critical revenue cycle implementation projects involving completing revenue cycle assessments by reviewing current operations, conducting key interviews and reviewing the age trial balance, rejections, denial reporting, charge processing and reconciliation reports to identify high value opportunities for improvement.
• Reviews and assesses supporting analysis and calculations for revenue cycle month-end review.
• Prepares root cause analysis for both Operations and Revenue reporting metrics at the department level for quarterly finance review.
• Provides assistance to department management throughout CPUP/HUP in assessing and interpreting departmental statistical data. Works closely with Finance, and Managed Care to communicate major changes and proposed changes to department processes.
• Reports, investigates, and assists in resolution of significant revenue cycle metrics variances identified through continuous monitoring reports. Coordinates front, middle and back end analytics.
• Performs duties in accordance with Penn Medicine and entity values, policies, and procedures
• Other duties as assigned to support the unit, department, entity, and health system organization

Minimum Requirements

Required Education and Experience

• Bachelor's Degree And 2+ years Revenue cycle experience
• Or
• H.S. Diploma/GED And 7+ years Revenue cycle experience.
• General working knowledge/previous exposure of healthcare environments and auditing concepts

Licenses, Registrations, and Certifications

• AAHAM Certification is preferred

Required Skills and Abilities

• Experience with Epic or another Electronic Medical Records application.
• Demonstrated analytical skills
• Work independently and as a team player

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives. Live Your Life's Work

We are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.