Revenue Cycle Analyst

RCS-Manager

Our leaders shape strategic initiatives, develop passionate teams, and work to improve health outcomes. They advance our mission and exemplify excellence, compassion, teamwork and purpose in all that they do. Indiana University Health is seeking individuals who embody these values to join our team in the role of RCS-Manager.

This position is responsible for leading Revenue Cycle operations for all assigned Revenue Cycle Services teams. Provides departmental administrative decision making, leadership, and strategic planning, including the efficient and productive use of personnel and other financial resources. Ensures high quality standardized work processes that result in consistent outcomes that compare favorably with relevant national benchmarks. The incumbent must possess strong subject matter expertise and leadership in order to support a diverse and complex operating environment and span of control.

Candidates for the position will be evaluated according to the following criteria and competencies. Requires strong knowledge of business and reimbursement management with an undergraduate degree preferred.

• At least three years of experience with hospital or physician billing strongly preferred.
• Demonstrable knowledge of healthcare billing terminology concepts and processes.
• Ability to plan and manage the utilization of resources.
• High level of interpersonal, problem-solving and analytical skills.
• Effective written and verbal communication skills in both individual and group settings.
• Ability to organize and manage work to achieve performance expectations.
• Ability to promote teamwork and develop team members.
• Ability to manage within the confines of a budget.
• Passionate commitment to continuous performance improvement.

Responsibilities:

Connect to Promise - Demonstrates a commitment to IU Health's mission, vision, and values by exhibiting behaviors and delivering results that align with the strategic direction of the organization. Ensure IU Health is working toward its vision of improving the health of all Hoosiers by providing the best care for each person as we practice our values of purpose, excellence, compassion and team.

Revenue Cycle Management - Responsible for the team's timely and accurate completion of assigned duties in support of revenue cycle outcomes. Continuously analyzes team performance to identify incidents and trends for both immediate intervention and continuous improvement. Ensures that all reasonable efforts are exercised to optimize revenue cycle outcomes and that job duties are performed within documented standards. Monitors performance against goals at a department and individual business partner level and adjusts strategies and tactics to meet or exceed targeted performance levels. Establishes and manages to production and quality standards for all levels of staff. Provides regular feedback to upstream revenue cycle contributors that generate rework and impact the revenue cycle outcomes. Provides monthly reporting to senior levels of management regarding current outcomes and management plan to improve performance.

Financial Management - Provides effective financial management of assigned areas and operates efficiently within established budgets. Pursues opportunities to reduce cost to collect through improved quality, efficiency, automation and productivity. Assists with the development and management of departmental budgets for Revenue Cycle Services to ensure optimal allocation of resources.

Engagement, Development, & Leadership - Accountable for strategic planning, program development, labor management, and overall operational administration of assigned areas. Promotes the ongoing development of an engaged workforce within an environment of trust and respect. Ensures team members receive sufficient training for their assigned functions. Communicates timely and effectively with various levels of the organization. Includes team members in decisions that affect their work, as appropriate. Ensures that employees receive regular feedback on their performance in relation to expectations, and makes sure employees are supported in addressing their performance discrepancies. Ensures the fair and consistent application of organizational and departmental policies.

Quality Assurance and Continuous Improvement - Ensures that all activities for assigned areas comply with government regulatory standards and third party contractual agreements. Establishes standards of quality for core functions and ensures that processes are operating within established quality standards. Consistently pursues opportunities to eliminate waste in revenue cycle processes. Ensures that changes in process or system design are documented, tested, and deployed in a quality manner. Serves as the senior business sponsor for the integration of the new billing entities and ensures that billing and collection transitions are managed with the highest quality.

Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. IU Health leaders play a crucial role in advancing the mission of our organization and inspiring teams to make a meaningful difference in the lives of patients. As one of Indianas largest employers and the most comprehensive medical system in the state, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nations healthiest states.

IU Health is the largest health system in Indiana with nearly 40,000 team members, 15 hospitals and $8.64 billion in operating revenue. The systems programs in cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplants have received national recognition for quality patient care. IU Health, in partnership with the Indiana University School of Medicine, bring together highly skilled physicians, researchers, and educators into close collaboration to provide world-class care for children and adults and improve the health of patients and communities across Indiana.

Indiana University Health is dedicated to a fair hiring process and is committed to equal opportunity and nondiscrimination for all individuals, regardless of age, color, disability, ethnicity, marital status, national origin, race, religion, gender identity, expression, sexual orientation, or veteran status.