Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Revenue Cycle Strategy Analyst image - Rise Careers
Job details

Revenue Cycle Strategy Analyst

Company Description

At Gen4, we pride ourselves on our commitment to providing an incredible patient experience. We are passionate about our craft and the impact we can have on our patients. We aim to foster a doctor-centric organization that allows our doctors to do more of what they love. Culture, high performance, growth, and development are deeply embedded in our business and we have our sights set on finding individuals who are excited to be a part of a growing, flourishing company like ours. We offer competitive pay and a comprehensive benefits package available on the 1st of the month after 30 days of employment for full-time employees.

To learn more about us, check out our website here: https://gen4dental.com/

Job Description

Role Summary 

The Revenue Strategy Analyst will support all revenue cycle functions, including Revenue Cycle Operations, Payor Relations, and Credentialing, to support Operations and Executive Leadership.  The Revenue Strategy Analyst will be responsible for gathering and aggregating data across multiple data sets to provide operations and executive leadership comprehensive insight into the financial health of the end-to-end revenue cycle including fee optimization through payor mix analysis, payor fee comparisons, and market-driven UCR analysis.  

Duties & Responsibilities 

  • Work with Sr. Director of Payor Relations to update market-driven UCR analysis for annual increase recommendations, create payor mix analyses and provide insights on optimizing payor mix to improve reimbursement rates and financial performance.  

  • Work with Operations and Revenue Cycle teams to audit EOBs to ensure reimbursements are paid according to the current payor fee schedule and contractual agreements. 

  • Create a streamlined and transparent credentialing process; support the Credentialing and Operations teams to ensure Providers are credentialed/recredential with payors, and CAQH participation, while monitoring the credentialing ticket system.  Implement credentialing software for enterprise. 

  • Maintain all payor contracts and support the management of payor contracts in tandem w. Sr. Payor Relations Direction. This includes renegotiation dates, payor fee schedules, and UCR fee schedules. 

  • Independently design, build, and execute a comprehensive data model for all Payor Relations and Revenue Cycle functions; serve as the centralized gateway for all data requests with regards to Payor Relations and Revenue Cycle data. 

  • Create and design centralized workflow functions for a hybrid team which includes offshore and onshore vendor partners. 

  • Provide ad-hoc analysis including revenue trend analysis, payor trend analysis, revenue forecasting, proformas, and monitoring of specific key performance indicators. 

  • Ability to analyze data for anomalies, trends, and opportunities for improvement by workflow changes or technology; able to work and manipulate copious amounts of data on multiple technology platforms and provide results in a presentable format. 

  • Other duties as assigned. 

Qualifications

  • Bachelor’s degree Business Administration, Accounting or Finance. MBA would be preferred. 

  • 5-7 years working in healthcare revenue cycle, payor relations, or related field. 

  • Excellent Excel, Power BI, and Microsoft Office Suite. 

  • Excellent problem solving and interpersonal skills. 

  • Basic understanding of practice management software or electronica health records software. 

  • Dental knowledge preferred. 

Additional Information

Working Environment & Physical Requirements  

Working conditions include those typically seen in an office environment. Prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times. 

Equal Opportunity Employer 

Gen4 Dental Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. 

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Revenue Cycle Strategy Analyst, Gen4 Dental

Welcome to Gen4! We're excited to announce our search for a passionate Revenue Cycle Strategy Analyst to join our dynamic team in Tempe, AZ. At Gen4, we prioritize an incredible patient experience and create a work culture that enables our doctors to thrive in their practice. As a Revenue Cycle Strategy Analyst, you'll play a crucial role in supporting our revenue cycle functions, including operations, payor relations, and credentialing. Your keen analytical skills will drive insights into our financial health by gathering and aggregating data across multiple datasets. You'll collaborate closely with the Sr. Director of Payor Relations to optimize reimbursement rates through detailed payor mix analyses and market-driven UCR analysis. Plus, you’ll audit EOBs to ensure we receive the reimbursements we're entitled to. We're looking for someone who can develop a streamlined credentialing process and manage our payor contracts efficiently. Your experience in this role will involve creating comprehensive data models and providing ad-hoc analyses to help us identify trends and opportunities for improvement. If you're skilled in tools like Excel and Power BI, have a knack for problem-solving, and possess a background in healthcare revenue cycle, we want to hear from you! Join us at Gen4 and help shape a better future for our dental practices.

Frequently Asked Questions (FAQs) for Revenue Cycle Strategy Analyst Role at Gen4 Dental
What are the responsibilities of a Revenue Cycle Strategy Analyst at Gen4?

As a Revenue Cycle Strategy Analyst at Gen4, you'll handle various responsibilities including supporting revenue cycle operations, conducting payor mix analyses to optimize reimbursement rates, and ensuring accurate auditing of EOBs for proper reimbursement. Additionally, you'll create a streamlined credentialing process and maintain payor contracts, providing crucial insights into the overall financial health of our revenue cycle operations.

Join Rise to see the full answer
What qualifications are needed to become a Revenue Cycle Strategy Analyst at Gen4?

To qualify for the Revenue Cycle Strategy Analyst position at Gen4, candidates should hold a Bachelor’s degree in Business Administration, Accounting or Finance, with an MBA preferred. A solid background of 5-7 years in healthcare revenue cycle, payor relations, or a similar field is essential, along with strong analytical skills and proficiency in Excel, Power BI, and Microsoft Office Suite.

Join Rise to see the full answer
How does Gen4 support the professional development of a Revenue Cycle Strategy Analyst?

Gen4 is deeply committed to fostering a culture of growth and development. As a Revenue Cycle Strategy Analyst, you can expect ample opportunities for professional growth including access to training programs, the chance to engage in innovative projects, and a supportive environment that encourages you to expand your skill set and expertise within the healthcare revenue cycle space.

Join Rise to see the full answer
What tools and technologies does a Revenue Cycle Strategy Analyst at Gen4 use?

In the role of Revenue Cycle Strategy Analyst at Gen4, you will work extensively with tools such as Excel and Power BI for data analysis. Familiarity with electronic health records software and practice management software is also important, as you'll analyze and manage copious amounts of data across various technology platforms to provide meaningful insights.

Join Rise to see the full answer
What kind of work environment can a Revenue Cycle Strategy Analyst expect at Gen4?

At Gen4, the work environment for a Revenue Cycle Strategy Analyst typically resembles that of a standard office setting. This includes prolonged periods of sitting at a desk and working on a computer, aiming for a collaborative atmosphere that promotes teamwork while ensuring the well-being and comfort of all employees.

Join Rise to see the full answer
Common Interview Questions for Revenue Cycle Strategy Analyst
Can you explain your experience with revenue cycle analysis in healthcare?

When answering this question, provide specific examples of your previous roles where you've conducted revenue cycle analysis. Emphasize your understanding of key metrics, tools you've used for analysis, how you've identified trends, and the impact of your analysis on financial decision-making.

Join Rise to see the full answer
How do you approach payor relations and negotiation tasks?

In your response, discuss your strategies for building relationships with payors, your approach to maintaining contracts, and experience in negotiating favorable terms. Highlight any specific instances where your negotiation led to improved revenue or relationships.

Join Rise to see the full answer
What techniques do you use to analyze and present financial data effectively?

Share specific techniques you have used such as data visualization tools like Power BI or Excel. Discuss how you format your reports and insights for various stakeholders to ensure clarity and impactful decision-making.

Join Rise to see the full answer
Describe a time when you identified a significant trend in revenue data.

Outline a specific example where your analytical skills uncovered an important trend. Explain how you identified it, the tools you used, and the actions taken as a result of your findings, including any measurable outcomes.

Join Rise to see the full answer
What challenges have you faced in the credentialing process, and how did you resolve them?

Describe a specific challenge related to credentialing processes you've experienced. Focus on your problem-solving approach, the steps you took to resolve the issue, and the final outcome, emphasizing your role in facilitating a smooth process.

Join Rise to see the full answer
How do you stay updated on changes in healthcare regulations affecting revenue cycles?

Discuss the resources you utilize to keep abreast of changes in regulations, such as attending webinars, following industry publications, joining professional associations, or networking with peers in the healthcare field. Emphasize your proactive approach to continuous learning.

Join Rise to see the full answer
What is your experience with financial forecasting in a healthcare setting?

Share your relevant experiences with financial forecasting, including the methods you've used, data sources, and software tools. Highlight how your forecasts have guided strategic decisions and financial planning in previous roles.

Join Rise to see the full answer
Can you describe your familiarity with electronic health records (EHR) systems?

Be specific about the EHR systems you've worked with, your level of expertise, and how you used these tools to improve revenue cycle processes. Include examples of how you navigated these systems to extract valuable data.

Join Rise to see the full answer
How do you prioritize tasks when managing multiple projects in revenue cycle operations?

Discuss your approach to time management and prioritization, including tools or methods you use to keep track of deadlines. Share an example of how this skill helped you effectively navigate a demanding workload.

Join Rise to see the full answer
What motivates you to work in the field of revenue cycle management?

Reflect on your personal motivations. You may share how you find fulfillment in optimizing financial health for healthcare organizations and the critical role that plays in ensuring patient care. Speak to your passion for data-driven decision-making and improving operational efficiencies.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Gen4 Dental Hybrid 5039 US-52, Rochester, MN 55901, USA
Posted 6 days ago
cyber•Fund Remote No location specified
Posted 8 days ago
Photo of the Rise User
Posted 12 days ago
Photo of the Rise User
Posted 3 days ago
Photo of the Rise User
Posted 11 hours ago

Gen4 is a DSO that fosters and promotes excellence at all levels: community, education and financial security. We are dentists who collaborate and invest in the success of each other. Gen4 promotes continual learning opportunities, the latest in t...

8 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 15, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!