Business Analyst - Billing

Posted 7 Days Ago
West Norriton, PA, USA
In-Office
66K-66K Annually
Senior level
Healthtech • Database
The Role
Support enterprise billing initiatives by analyzing large datasets, automating reports/processes, validating data, diagnosing billing issues, recommending solutions to improve receivables, collaborating cross-functionally, presenting findings to senior management, and mentoring other analysts.
Summary Generated by Built In

Business Analyst - Billing - Monday to Friday, 8:00 AM to 5:00 PM

Pay range: 66,400/yr+

Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits information:
We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects – physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:

  • Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours 
  • Best-in-class well-being programs
  • Annual, no-cost health assessment program Blueprint for Wellness®
  • healthyMINDS mental health program
  • Vacation and Health/Flex Time
  • 6 Holidays plus 1 "MyDay" off
  • FinFit financial coaching and services
  • 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
  • Employee stock purchase plan
  • Life and disability insurance, plus buy-up option
  • Flexible Spending Accounts
  • Matching gifts program
  • Education assistance through MyQuest for Education
  • Career advancement opportunities
  • and so much more!
Responsibilities
  • Work cross regionally with BSS team and regional analysts to support billing initiatives for Enterprise accounts.
  • Manipulate, analyze, and interpret large amounts of data using Access, Excel, SQL.
  • Automate processes and reports.
  • Recognize inefficiencies in processes related to Enterprise accounts (operational or technical)
  • Develop solutions to address billing issues.
  • Pull ad hoc reports from various billing systems.
  • Perform data validation to ensure accuracy and quality.
  • Data mining for advanced analysis of data presented in reports for management.
  • Recommend solutions to decrease bad debt and increase cash for receivables for laboratory tests.
  • Provide feedback to Senior Management regarding contractual issues impacting Revenue Services
  • Collaborate with other business units and departments on analysis projects.
  • Responsible for helping meet company and regional expectations/SLA targets.
  • Analyze and interpret reports on metrics associated with goals and objectives.
  • Pursue continual improvement of quality and efficiencies in functional areas
  • Responsible for developing strategies to promote employee engagement and improve employee satisfaction.
  • Prepare and present project status, various metrics, data/business analysis to Quest partners and Optum senior management. 
  • Forecasting financial impacts for Quest partners related to Enterprise accounts. 
  • Provide input to internal and external stakeholders to drive effective business plan and sales strategy development.
  • Conduct deep dive program reviews with relevant internal and/or external stakeholders to identify opportunities for continuous improvement.

  • Utilize relevant systems and tools to identify and/or test opportunities for efficiency improvements.
  • Review and assign projects/initiatives as well as participate in Kaizens and process improvement initiatives. 

  • Provide mentoring to other Analysts.
Qualifications

Required Qualifications:

 

  • 6+ years of related experience in revenue cycle management with some leadership experience in a healthcare environment.
  • 4+ years of business or data analysis experience
  • Experience in creating business requirement documents, project plans, and presentations.
  • Adaptable and flexible with the ability to accept, create and manage change.
  • Proven ability to positively influence staff to drive results in achieving goals and objectives.
  • Previous experience implementing cross-functional initiatives.
  • 20% travel requirement as needed and flexible work schedule to support business needs.
  • Advanced Excel and Access skills with programming knowledge using SQL.

  • Must reside near a Quest Diagnostics Laboratory site or Norristown, PA
  • Must be available to start workday by 8:00am EST.
  • Able to work Overtime as needed.

Preferred Qualifications:

  • Experience in client/Enterprise account billing

  • Experience with insurance health plans or HMOs

  • Ability to work to a consistent high standard under pressure.

  • Ability to work in a fast-paced environment and adapt to ever changing priorities.

  • High degree of accuracy and attention to detail

  • Demonstrate problem-solving and strong analytical skills.

  • Ability to multitask on multiple small to complex projects / tasks and meet deadlines.

  • Willingness to undertake additional responsibilities as required.

  • Self-motivated, able to work in a team, and demonstrates the ability to work independently.

  • Demonstrated ability to clearly communicate complex issues to all levels of management.

  • Excellent organizational, interpersonal, and communication (written and verbal) skills.

  • Bachelor’s Degree in a STEM major or higher education

  • Experience with high volume revenue cycle operations

  • Knowledge of Quest systems like BFE, QBS systems, Order to cash business process is a plus.

  • Certifications in Project Management, Six Sigma principles.

Telecommuting Requirements:

  • Required to have a dedicated work area established that is separate from other living areas and provides information privacy.
  • Ability to keep all company sensitive documents secure (if applicable)
  • Must live in a location where Quest Diagnostics approved high-speed internet connection or leverage an existing high-speed internet connection.
About the Team Quest Diagnostics honors our service members and encourages veterans to apply.
While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.
Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.

Skills Required

  • 6+ years related experience in revenue cycle management with some leadership experience in a healthcare environment.
  • 4+ years of business or data analysis experience.
  • Experience creating business requirement documents, project plans, and presentations.
  • Adaptable and flexible with the ability to accept, create and manage change.
  • Proven ability to positively influence staff to drive results in achieving goals and objectives.
  • Previous experience implementing cross-functional initiatives.
  • 20% travel requirement as needed and flexible work schedule to support business needs.
  • Advanced Excel and Access skills with programming knowledge using SQL.
  • Must reside near a Quest Diagnostics Laboratory site or Norristown, PA.
  • Must be available to start workday by 8:00am EST.
  • Able to work overtime as needed.
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The Company
HQ: Secaucus, NJ
25,839 Employees
Year Founded: 1967

What We Do

Quest Diagnostics (NYSE: DGX) empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. The company offers physicians the broadest test menu (3,000+ tests), is a pioneer in developing innovative new tests, is the leader in cancer diagnostics, provides anatomic pathology (AP) services, & interpretive consultation through its medical & scientific staff of about 900 M.D.s & Ph.D.s. The company reported 2020 revenues of $9.44 billion. Quest Diagnostics offers the most extensive clinical testing network in the U.S., with laboratories in most major metropolitan areas, & in Mexico, the UK & India. The company also operates four esoteric laboratories, 40 outpatient AP laboratories, & 160 smaller, rapid-response laboratories. Patients may have specimens collected in any of the company’s approximately 2,250 patient service centers. On a typical workday, testing is performed for about 550,000 patients. Quest Diagnostics empowers healthcare organizations & clinicians with state-of-the-art connectivity solutions. The company is the leading provider of pre-employment drugs-of-abuse screening for employers & risk assessment services for the life insurance industry. It is the world’s 2nd largest provider of clinical trials testing for new pharmaceuticals. More information is available at www.questdiagnostics.com. Language Assistance / Non-Discrimination Notice Asistencia de Idiomas / Aviso de no Discriminación 語言協助 / 不歧視通知 www.QuestDiagnostics.com/home/nondiscrimination

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