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Senior Analyst - Provider Revenue Excellence

$125k - $130k

McKinsey & Company

Consulting Senior Analyst - Provider Revenue Excellence

Job ID: 104601

  • Atlanta
  • Austin
  • Boston
  • Charlotte
  • Chicago
  • Cleveland
  • Columbus
  • Connecticut - Darien
  • Dallas
  • Denver
  • Detroit
Apply NowApply Later Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place. YOUR IMPACT You will work directly with client leaders and front-line operators to drive change that is critical to the successful realization of client company goals. In this role, you will be supporting healthcare providers with growing volume, optimizing price and capturing value. Our engagements are typically focused on growth solutions that leverage cutting edge assets and expertise, revenue cycle management capabilities across the value chain to ensure maximum value capture, or pricing capabilities that enable providers to excel along the full managed care contracting life cycle. Your clients will also include healthcare services companies and private equity organizations that partner with our provider clients. You will be working on topics such as increasing payer yield, improving mid-cycle performance, or reducing collection costs. You will ensure that success is a priority for our clients. You will engage at a deep level across our clients' businesses, working with small teams to build the capabilities, systems, and processes needed to deliver bottom-line results and then ensure those results are sustainable. Your work will be about problem solving, coaching, and delivering lasting outcomes to our healthcare clients. Please note that there is flexibility to hire at different levels, depending on prior experience. YOUR GROWTH Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward. In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues-at all levels-will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won't find anywhere else. When you join us, you will have:
  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.
YOUR QUALIFICATIONS AND SKILLS
  • Undergraduate degree: advanced degree is a plus ideally in a quantitative discipline (statistics, mathematics, economics, operations research, engineering, computer science) or a healthcare discipline
  • 4+ years of professional experience in a healthcare environment with end-to-end revenue cycle transformation experience, including patient access, coding, Clinical Documentation Improvement (CDA), billing, A/R Management, and related IT systems
  • Experience working with external clients, sharing your views and recommendations with clients and colleagues
  • Ability to synthesize complex issues, engage senior leaders, and drive consensus
  • Exposure to managing projects and programs that significantly improve revenue cycle performance, e.g. improved patient collections, reduced denials write-offs, increased accuracy of clinical documentation and coding, accelerated back-end cash collections, etc
  • Familiarity with revenue cycle technology assets and concepts, e.g. descriptive statistics, predictive analytics and machine learning
  • Strong analytical skills in claims, productivity, access, and volume data to identify trends and opportunities
  • Ability to work collaboratively in a team environment
  • Comfortable traveling to client sites, up to 60-70% of time traveling
Please review the additional requirements regarding essential job functions of McKinsey colleagues.
Our
unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve. Industries
  • Healthcare Systems & Services
Capabilities
  • Transformation
Apply NowApply Later

FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.


Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role.
For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range
is $125,000 - $130,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest
[salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important
to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current
organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion
and based on factors such as individual and/or organizational performance.


Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families.
This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance,
and paid time off.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.

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