Revenue Cycle Analyst

Company Description

At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better health care, no matter where you work within the Northwestern Medicine system. We pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, our goal is to take care of our employees. Ready to join our quest for better?

Job Description

The Revenue Cycle Analyst reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

The Revenue Cycle Analyst is responsible for compiling and analyzing revenue cycle data used for performance measures, analysis and decision support. Activities may include analysis of internal or external data, both hospital wide or service line specific. The Revenue Cycle analyst function also includes supporting the Liaisons and management with data and preparation of reports.

Responsibilities: 

• Interpret basic revenue cycle and financial data.
• Maintain data basis and templates and ensure the integrity by monitoring and auditing outputs.
• Analyze contract variance and expected payor specific reimbursement.
• Run routine reports using various systems to extract data.
• Support NMG leadership’s strategic, financial and operational decision making.
• Collaborate with management staff to provide rigorous analysis in support of NMG business and clinical objectives.
• Maintain a portfolio of monthly revenue cycle reports, dash boards, and ad hoc reports as requested.
• Work closely with revenue cycle liaisons to identify trends and opportunities for areas of improvement. 

Qualifications

Required:

• Bachelor’s degree in health administration or business or equivalent health care work experience.
• Working knowledge of PC applications such as Microsoft Office as well as the ability to write complex Excel formulas and advanced Excel functions required.
• Certified in an Epic revenue cycle application within 6 months of hire.
• 0-3 years of experience with Patient Accounting systems, preferably Epic required.
• Ability to analyze and manipulate large amounts of data.
• Ability to balance multiple priorities.
• Excellent verbal and written communications skills.
• Demonstrates attention to detail and monitors own work for accuracy.
• Ability to analyze data and make conclusions and recommendations for decision making purposes.

Preferred:

• 1-3 years of experience in a hospital or Physician Billing Office, Accounting, or Finance department
• Coding experience or some level of understanding of CPT/ICD-9 usage.

Additional Information

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Background Check

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check.  Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person. 

Benefits

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.

Sign-on Bonus Eligibility: Internal employees and rehires who left Northwestern Medicine within 1 year are not eligible for the sign on bonus. Exception: New graduate internal employees seeking their first licensed clinical position at NM may be eligible depending upon the job family.