What are the responsibilities and job description for the Revenue Cycle Analyst position at Astera Health?
We are seeking a detail-oriented and analytical Revenue Cycle Analyst to join our team. In this role, you will play a critical part in optimizing our financial operations by analyzing and improving revenue cycle processes.
This position is 80 hours bi-weekly, Monday - Friday. Astera Health offers a comprehensive benefits package including health, dental, vision, life and retirement. We also support work-life balance through benefits such as paid time off, short and long-term disability and our employee wellness initiative.
This position has the ability to work in a hybrid capacity, with the knowledge that Astera Health may require on-site work located in Wadena, MN.
Responsibilities include, but are not limited to:
- Performs analysis on payer reimbursement and identifies reimbursement variances. Assists leadership in trending variances and identifying root cause. Assists Business Office leadership in resolving variances with all payers
- Works underpayments identified by Epic WQ’s and works with the payers to correct individual and systemic reimbursement issues
- Assists with identifying reimbursement issues that will have impact on payer contract negotiations
- Reviews insurance denials, and assists with appeals, resubmission, and root cause analysis to prevent future denials of the same class
- Maintains knowledge and understanding of HB and PB billing functions
- Assists with process improvement projects
- Performs a wide variety of data analysis and reporting
Competencies Required:
- Ability to communicate effectively, both verbally and in writing
- Demonstrates high degree of commitment to customer service excellence
- Strong computer skills, knowledgeable in Microsoft Office systems
Education and Experience Required:
- Associates degree in data analytics, healthcare administration, medical coding, or medical administrative assistant program with applicable certifications
- Bachelor's degree preferred
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Or combined years of relevant education and experience to perform the essential duties of this position.
Astera Health is an Equal Opportunity/Affirmative Action employer. We provide equal employment opportunities to all qualified employees and applicants for employment without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability or any other legally protected status. We prohibit discrimination in decisions concerning recruitment, hiring, compensation, benefits, training, termination, promotions, or any other condition of employment or career development.
