What are the responsibilities and job description for the Revenue Cycle Optimization Analyst position at Barbour Orthopaedics & Sports Medicine?
Position Overview
The Revenue Cycle Optimization Analyst is responsible for analyzing and optimizing the revenue cycle processes within Barbour Orthopaedics and Spine. This role involves comprehensive assessment, strategic planning, and the implementation of systems that enhance revenue generation and efficiency. The analyst collaborates with various departments to identify opportunities for improvement, streamline operations, and ensure compliance with industry standards.
Key Responsibilities
- Revenue Cycle Assessment: Conduct thorough analysis of current revenue cycle processes to identify areas for improvement and optimization.
- Data Analysis: Utilize advanced data analysis techniques to interpret revenue cycle metrics, trends, and performance indicators.
- Strategic Planning: Develop and implement strategic plans to enhance revenue cycle efficiency and effectiveness.
- Process Improvement: Recommend and implement process improvements to streamline operations and reduce inefficiencies.
- Collaboration: Work closely with finance, operations, and IT departments to ensure cohesive and integrated revenue cycle management.
- Compliance: Ensure all revenue cycle practices adhere to regulatory and compliance standards.
- Reporting: Generate detailed reports on revenue cycle performance and present findings to senior management.
- Training: Provide training and support to staff on revenue cycle best practices and optimization strategies.
Qualifications
- Experience: Minimum of 2-5 years of experience in revenue cycle, legal, or related field.
- Strong analytical and problem-solving skills
- Proficiency in data analysis tools and software
- Excellent communication and interpersonal skills
- Ability to work independently and collaboratively
- Knowledge of healthcare revenue cycle processes and regulations
- Ability to prioritize tasks and meet deadlines
Preferred Attributes
- Advanced proficiency in Microsoft products, Salesforce and data visualization tools
- Strong organizational and time management skills
