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Revenue Cycle Analyst (Remote)
Stanford Health Care • Remote • Posted 30+ days ago
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Remote • Full-time • $39.28-$51.07/hr • Mid Level
Job Highlights
Using AI ⚡ to summarize the original job post
The Revenue Cycle Analyst at Stanford Health Care performs a variety of financial analyses in support of revenue cycle operational business needs, develops dashboards and reports to track key performance indicators, and assists revenue cycle leaders in improving financial performance based on analytic findings. This role involves detailed analysis of financial and revenue cycle performance, root cause analysis, monitoring key performance indicators, preparing summary findings for leadership, and supporting special projects.
Responsibilities
- 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.
Qualifications
Required
- Bachelor's degree in Business, Finance, Computer Science or an equivalent combination of education and experience.
- Three (3) years of progressively responsible and directly related work experience.
- 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.
- 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.
Preferred
- Prior experience in revenue management, patient financial services and/or health information systems.
- 1-2 years of statistical analysis experience.
- 1-2 years Hospital Billing experience.
- HFMA - Certified Revenue Cycle Representative (CRCR) certification.
About Stanford Health Care
Stanford Health Care is a leading healthcare provider offering a wide range of medical services including cancer treatment, heart care, brain disorders, and primary care. They provide state-of-the-art facilities, financial assistance options, and a patient-centric approach to meet the diverse needs of their patients. Contact them via phone or online for exceptional healthcare services.
Full Job Description
If you're ready to be part of our legacy of hope and innovation, we encourage you to take the first step and explore our current job openings. Your best is waiting to be discovered.
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 equivalentcombination 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 informationsystems 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.
At Stanford Health Care, we seek to provide patients with the very best in diagnosis and treatment, with outstanding quality, compassion and coordination. With an unmatched track record of scientific discovery, technological innovation and translational medicine, Stanford Medicine physicians are pioneering leading edge therapies today that will change the way health care is delivered tomorrow.
As part of our spirit of discovery, we also leverage our deep relationships with luminary Silicon Valley companies to develop new ways to deliver preeminent patient care.
Learn about our awards (https://stanfordhealthcare.org/about-us/awards.html) and significant events (https://stanfordhealthcare.org/about-us/our-history.html) .
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 equivalentcombination 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 informationsystems 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.
At Stanford Health Care, we seek to provide patients with the very best in diagnosis and treatment, with outstanding quality, compassion and coordination. With an unmatched track record of scientific discovery, technological innovation and translational medicine, Stanford Medicine physicians are pioneering leading edge therapies today that will change the way health care is delivered tomorrow.
As part of our spirit of discovery, we also leverage our deep relationships with luminary Silicon Valley companies to develop new ways to deliver preeminent patient care.
Learn about our awards (https://stanfordhealthcare.org/about-us/awards.html) and significant events (https://stanfordhealthcare.org/about-us/our-history.html) .
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