Financial Analyst - Revenue Cycle

At VITAS Healthcare, we are dedicated to providing compassionate end-of-life care to patients and their families. As a Financial Analyst - Revenue Cycle, you will play a crucial role in ensuring the financial stability and success of our organization. We are seeking a highly skilled and detail-oriented individual to join our team and analyze our revenue cycle processes. This is an exciting opportunity for someone with a strong financial background and a passion for making a positive impact in the healthcare industry. If you are driven, analytical, and have a deep understanding of revenue cycle management, we invite you to apply for this position and help us continue to provide exceptional care to our patients.

1. Analyze and evaluate revenue cycle processes to identify areas for improvement and optimization.
2. Conduct regular financial analyses and create reports to track revenue trends and identify potential areas of concern.
3. Collaborate with various departments, including billing, finance, and operations, to ensure accurate and timely revenue cycle management.
4. Develop and implement strategies to increase revenue and reduce expenses, while maintaining high-quality patient care.
5. Monitor and report on key performance indicators related to revenue cycle, such as accounts receivable, denials, and collections.
6. Provide recommendations for process improvements to enhance efficiency and effectiveness of revenue cycle operations.
7. Conduct audits to ensure compliance with regulatory requirements and identify any potential risks.
8. Analyze reimbursement rates and negotiate contracts with insurance providers to maximize revenue.
9. Stay updated on industry trends and changes in healthcare regulations related to revenue cycle management.
10. Train and educate staff on revenue cycle processes and procedures to ensure understanding and compliance.
11. Collaborate with IT team to ensure proper functioning of revenue cycle systems and troubleshoot any issues.
12. Participate in budget planning and forecasting to support financial stability and growth of the organization.
13. Communicate regularly with management and other stakeholders to provide updates and insights on revenue cycle performance.
14. Maintain accurate documentation and records of all revenue cycle processes and activities.
15. Uphold company values and promote a positive and supportive work environment.

According to JobzMall, the average salary range for a Financial Analyst - Revenue Cycle in Miramar, FL, USA is $55,000 - $80,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization the analyst is working for.

VITAS® Healthcare is the nation's leading provider of end-of-life care. Operating 48 hospice programs in 14 states and the District of Columbia, VITAS employs over 12,000 professionals and serves an average daily census of more than 19,000 patients.