Revenue Cycle Analyst (Remote)

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Day - 08 Hour (United States of America)

This is a Stanford Health Care job.
A Brief Overview

This role is responsible for designing and interpreting data and analytics that informs department priorities and recommendations for the Revenue Cycle’s key objectives. Serves as the key resource for the Revenue Cycle Optimization team’s data and reporting needs, and the primary liaison between Optimization and Revenue Cycle Analytics. Additionally, oversees the ROI methodology for the team and ensures each Revenue Cycle objective is tied to quantitative, measurable outcomes.

Performs a variety of standard, recurring, and moderately complex financial analyses in support of revenue cycle operational business needs. Develops dashboards and reports to track key performance indicators, metrics, and financial opportunities for designated revenue cycle departments. Assists revenue cycle leaders in working closely with organizational stakeholders to improve financial performance based on analytic findings.
Locations
Stanford Health Care
What you will do

• Performs detailed analysis of financial and revenue cycle performance to identify trends, patterns, and root causes.

• Completes regular root cause analysis of relevant financial transactions for assigned departments.

• Monitors key performance indicators for assigned areas and explores reasons for performance fluctuation and deterioration.

• Prepares summary findings of analysis for department leadership review.

• Examines historical and projected financial data to provide stakeholders with valuable information upon which to make operational decisions.

• Utilizes a strong understanding of revenue cycle applications, operational workflows, and regulatory policies to assist in analytic evaluations.

• Cultivates internal relationships to assist in understanding department workflows.

• Engages regularly with revenue cycle managers and directors on improvement opportunities identified through data analysis.

• Analyzes, prepares, and coordinates distribution of various financial reports for internal Revenue Cycle use and as required for external constituents.

• Maintains various financial databases and records for the reporting of financial data.

• Develops and manipulates large data sets.

• Provides analytics for and supports special projects as needed.

Education Qualifications

• Bachelor’s degree in Business, Finance, Computer Science or an equivalent
  combination of education and experience. Required

Experience Qualifications

• Experience: Three (3) years of progressively responsible and directly related work experience.

• Prior experience in revenue management, patient financial services and/or health information
  systems preferred

• 1-2 years of statistical analysis experience.

• 1-2 years Hospital Billing experience.

Required Knowledge, Skills and Abilities

• Ability to analyze and develop solutions to complex problems.

• Ability to apply judgment and make informed decisions.

• Ability to manage, organize, prioritize, multi-task and adapt to changing priorities.

• Ability to communicate complex concepts in simple form to non-finance users to understand the appropriate use and limits of information provided.

• Ability to communicate effectively in written and verbal formats including summarizing data, presenting results.

• Ability to establish and maintain effective working relationships.

• Knowledge of hospital and physician revenue cycle methodology.

• Knowledge of hospital information systems, including Epic.

• Knowledge of business analytical practices and methodologies.

• Knowledge of Microsoft Office software, including strong knowledge of Excel.

Licenses and Certifications

• HFMA - Certified Rev Cycle Rep (CRCR) preferred

These principles apply to ALL employees:
SHC Commitment to Providing an Exceptional Patient & Family Experience
Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford’s patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing and recovery.
You will do this by executing against our three experience pillars, from the patient and family’s perspective:

• Know Me: Anticipate my needs and status to deliver effective care

• Show Me the Way: Guide and prompt my actions to arrive at better outcomes and better health

• Coordinate for Me: Own the complexity of my care through coordination

Equal Opportunity Employer Stanford Health Care (SHC) strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment. Accordingly, SHC does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity and/or expression, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements.

Base Pay Scale: Generally starting at $39.28 - $51.07 per hour

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, specialty and training. This pay scale is not a promise of a particular wage.