Children's Hospital of Philadelphia

Revenue Cycle Analyst Patient Financial Services

Children's Hospital of Philadelphia

Philadelphia, PA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a detail-oriented and analytical individual looking for a challenging role in healthcare finance? Join the team at Children's Hospital of Philadelphia as a Revenue Cycle Analyst in our Patient Financial Services department. In this role, you will play a critical role in ensuring the financial success of our hospital by analyzing revenue cycle data and identifying opportunities for improvement. We are seeking a candidate with a strong understanding of healthcare billing and coding, as well as excellent communication and problem-solving skills. If you are motivated to make a difference in the lives of pediatric patients and their families, we would love to hear from you.

  1. Analyze revenue cycle data: The Revenue Cycle Analyst will be responsible for collecting and analyzing data related to the hospital's revenue cycle, including billing, coding, and collections. This will involve identifying trends, patterns, and potential areas for improvement.
  2. Identify opportunities for improvement: Based on the analysis of revenue cycle data, the Analyst will be responsible for identifying areas where the hospital's financial processes can be improved. This may include streamlining processes, reducing costs, or increasing revenue.
  3. Ensure financial success: The Revenue Cycle Analyst will play a critical role in ensuring the financial success of the hospital by closely monitoring revenue and expenses, identifying potential issues, and making recommendations for improvement.
  4. Understand healthcare billing and coding: The ideal candidate will have a strong understanding of healthcare billing and coding, including current industry regulations and best practices. They will be responsible for staying up-to-date on changes and updates in the field.
  5. Communicate effectively: The Analyst will be responsible for presenting their findings and recommendations to key stakeholders, including department heads, finance executives, and other team members. They must be able to effectively communicate complex financial information in a clear and concise manner.
  6. Problem-solving: As a Revenue Cycle Analyst, the individual must be able to think critically and creatively to solve complex financial problems. This may involve developing new processes, implementing changes, or troubleshooting issues as they arise.
  7. Attention to detail: The role requires a high level of attention to detail to accurately analyze and interpret financial data. The Analyst must be able to identify discrepancies, errors, and outliers and take appropriate action to address them.
  8. Collaborate with team members: The Revenue Cycle Analyst will work closely with other members of the Patient Financial Services department and other hospital departments to gather data, share information, and implement improvements. They must be able to work collaboratively and effectively as part of a team.
  9. Uphold ethical standards: The Analyst must adhere to ethical standards and practices in all aspects of
Where is this job?
This job is located at Philadelphia, PA, USA
Job Qualifications
  • Bachelor's Degree In Healthcare Administration, Finance, Or Related Field.

  • Minimum Of 3 Years Experience In Revenue Cycle Management, Preferably In A Pediatric Healthcare Setting.

  • Strong Understanding Of Healthcare Billing And Coding Practices, Including Cpt, Icd-10, And Hcpcs Codes.

  • Proficient In Using Revenue Cycle Management Software And Electronic Medical Record Systems.

  • Excellent Analytical And Problem-Solving Skills, With The Ability To Identify And Implement Process Improvements To Increase Revenue And Decrease Denials.

Required Skills
  • Data Analysis

  • Claims Processing

  • Revenue analysis

  • PAYMENT POSTING

  • Insurance Verification

  • Healthcare Regulations

  • Charge Capture

  • Reimbursement Analysis

  • Billing Knowledge

  • Coding Proficiency

  • Denials Management

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • Critical thinking

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Revenue Cycle Analyst Patient Financial Services in Philadelphia, PA, USA is $55,000 - $75,000 per year. This may vary depending on factors such as experience, qualifications, and employer.

Additional Information
Children's Hospital of Philadelphia is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 22nd, 2024
Apply BeforeAugust 19th, 2025
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About Children's Hospital of Philadelphia

The Children's Hospital of Philadelphia, also known by its acronym CHOP, is a children's hospital in Philadelphia, Pennsylvania. Its primary campus is located in the University City neighborhood of West Philadelphia on the campus of the University of Pennsylvania. The hospital has 594 beds and more than one million outpatient and inpatient visits annually. It is one of the world's largest and oldest children's hospitals and the first hospital dedicated to the healthcare of children.

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