The Opportunity: CAREER OPPORTUNITY OFFERING: Bonus Incentives Paid Certifications Tuition Reimbursement Comprehensive Benefits Career Advancement This position starts at $66,300 - $99,450 based on experienceThe Revenue Analyst will be responsible for the delivery of information, forecasts, analytics, and insights related to Client-reported Net Patient Revenue (NPR), NPR Lift initiatives, and corresponding cash collections and Ensemble full outsource collections revenue. A key responsibility in this role is client delivery support, such as: Client NPR performance monitoring, forecasting, and NPR Lift measure reporting and validation. Position will support multiple Finance Leaders responsible for related activities. Job Responsibilities:Responsible for revenue forecasting and analytics including the following but not limited to: Client-reported Net Patient Revenue (NPR) NPR Lift (financial impact of revenue cycle management operational improvements) Cash Collection Forecasts (derived from Client-reported Net Patient Revenue) Ensembled Full Outsource Collections Revenue forecasts (derived from forecasted cash Client-reported Net Patient Revenue Forecasting and Analytics:Analyze trends in patient volumes, patient statusing, service line utilization, acuity, and payor mix Perform “rate vs. volume” analysis to gain insights into changes in reported revenues Present observations in a succinct, professional manner to internal and external stakeholders Evaluate NPSR and Net AR results monthly and trending over time, identifying variances Understand reserve methodology for clients and challenges they may present Provide assistance/coverage for monthly client close calls NPR Lift Analytics Support fulfillment of analytics/data requests required for decision making needs and performance risk mitigation Assists in maintaining NPR lift reporting tools to support business decision-making, forecasting, and performance improvement Assist in designing, developing, and implementing enhanced methods for capturing NPR Lift Contribute to ensuring all changes to reporting, processes, and procedures are reflected, appropriately documented, and consistency maintained Cash Collections Forecasting and Analytics Analyze and understand operational metrics affecting monthly cash collections Collaborate with operational teams to understand client projected cash trends trajectory Forecast cash collections and communicate to all stakeholders Ensemble Full Outsource Collections Revenue Forecasting and Analytics Collaborate with accounting to understand any one-time or ongoing client adjustments Analyze monthly revenue results and proactively communicate variances to expectations Other Responsibilities:Ensure that all assigned activities are completed on-time, within scope, and all observations along with any barriers are communicated to the appropriate parties Comfortable working at a high level of performance under tight deadlines Performs high quality work, responsible for verification of the accuracy of the information reported Evaluation of current processes and tools and propose changes to drive efficiencies within the organization. Maintains HIPAA and patient confidentiality training and handles confidential matters in accord Anticipates leadership needs by gathering records, reports, data, and correspondence for accurate reporting and Provides ad hoc reporting for when requested Establish and maintain interdepartmental relationships will all stakeholders Experience We Love:1 to 3 years previous job experience 10 or more years of Leadership experience Excellent interpersonal skills required to communicate with internal/external customers. Must possess excellent time management and organizational skills. Demonstrated critical thinking, creativity, problem solving and decision-making skills. Must be analytical, perform computations accurately and quickly, identify and compute ratios and percentages. Strong data skills, including relational database management, proficiency with MS Excel. Financial or Accounting experience in healthcare.Knowledge of Revenue Cycle structure, MS PowerPoint, MS Access, Business Objects, and SQL programming. Education:Bachelors Degree, Finance / Accounting preferred or Equivalent Experience Required Certifications: HFMA Certified Revenue Cycle Representative (CRCR) within 9 months of hire Bottom line, we believe in empowering people and giving them the tools and resources needed to thrive. A few of those include:Associate Benefits – We offer a comprehensive benefits package designed to support the physical, emotional, and financial health of you and your family, including healthcare, time off, retirement, and well-being programs. Our Culture – Ensemble is a place where associates can do their best work and be their best selves. We put people first, last and always. Our culture is rooted in collaboration, growth, and innovation. Growth – We invest in your professional development. Each associate will earn a professional certification relevant to their field and can obtain tuition reimbursement. Recognition – We offer quarterly and annual incentive programs for all employees who go beyond and keep raising the bar for themselves and the company. Ensemble is an equal employment opportunity employer. It is our policy not to discriminate against any applicant or employee based on race, color, sex, sexual orientation, gender, gender identity, religion, national origin, age, disability, military or veteran status, genetic information or any other basis protected by applicable federal, state, or local laws. Ensemble also prohibits harassment of applicants or employees based on any of these protected categories.Ensemble provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.
4 days ago