Job Description
Role Description
- The Revenue Cycle Analyst II supports a culture of excellence and improvement by acting as a key thought partner, engaging the Revenue Cycle Management team.
- Effectively communicate problems, root causes, and proposed solutions to the Analytics team and stakeholders.
- Expertise level of data presentation.
- Ability to explain issues for their assigned business unit to different levels of leadership from front line worker to C-suite.
- Expert ability in creating visuals to present data in a concise manner.
- Develop and adhere to a cadence of timely reporting and delivery of business analysis to stakeholders, including reporting key metrics.
- Assist management with tracking issue action plans to ensure timely collection and follow-up.
- Present root cause analysis data findings with conciseness and recommendations following a data story format.
- Guide trainings over excel or analytic functions to billing members.
- Understand and utilize expertise of the revenue cycle process from claim submission to receipt of payment/write off.
- Able to pinpoint inefficiencies along the way and make suggestions for process improvement.
- Build data models and dashboards to support consistent, accurate and timely analysis that supports improving collections, developing more accurate collection processes, and improving efficiency and automation.
- Develop a thorough understanding of reporting systems, billing and analytic processes and payor-specific reimbursement and billing requirements.
- Contribute in the proactive identification of opportunities for revenue cycle improvement and enhancement including identifying trends to resolve denials.
- Participate and, at times, represent Revenue Cycle in ASP meetings and discussions.
- Develop relationships with revenue cycle vendors to ensure vendor performance and quality meets or exceeds standards set for those relationships.
- Measure and suggest improvements in clinically based appeal strategies.
- Assist in PAMA reporting for new and existing tests with accuracy and timely delivery to the Vice President for regulatory reporting.
- Evaluate claim processing outcomes to improve the internal cost estimating engine and make revenue processing recommendations.
- Qualifications
- Bachelor’s degree in business, informatics, quantitative field or 3+ years of revenue cycle/analytics experience.
- Fundamental understanding of revenue cycle principles, the theory of bottlenecks, and use of data models to measure and predict outcomes of processes.
- Working knowledge of CPT, HCPCS coding, DSO reduction, accounts receivable, denial resolution, appeals, HIPAA regulations, and EDI claims submission methods.
- Advanced knowledge of Microsoft Excel (ability to clean, transform and merge data sets; perform complex data analytics) and experience with Business Information data tools, Looker, Xifin and Power BI preferred.
- Physical Requirements
- Lifting Requirements – light work or exerting up to 20 pounds of force frequently.
- Physical Requirements – stationary positioning, moving, operating, ascending/descending, communicating, observing, pushing or pulling, and reaching.
- Use of equipment and tools necessary to perform essential job functions.
EEO
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. In hiring and all other employment decisions, we prohibit discrimination and harassment on the basis of any protected characteristic, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Company Description
For more than 30 years, Myriad Genetics has led the way in precision medicine by delivering important insights to help people make informed health decisions. As a leading molecular diagnostic testing and precision medicine company, we are dedicated to advancing health and well-being for all. Our innovative genetic tests are used across specialties including oncology, women’s health, and mental health, empowering clinicians to personalize treatment and help their patients take proactive steps toward better outcomes.
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