Revenue Management Associate Analyst - NYU Langone Medical Center
New York, NY
About the Job
NYU Langone Health is a world-class, patient-centered, integrated academic medical center, known for its excellence in clinical care, research, and education. It comprises more than 200 locations throughout the New York area, including five inpatient locations, a children's hospital, three emergency rooms and a level 1 trauma center. Also part of NYU Langone Health is the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute designated comprehensive cancer center, and NYU Grossman School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history. At NYU Langone Health, equity, diversity, and inclusion are fundamental values. We strive to be a place where our exceptionally talented faculty, staff, and students of all identities can thrive. We embrace diversity, inclusion, and individual skills, ideas, and knowledge. For more information, go tonyulangone.org, and interact with us onLinkedIn,Glassdoor,Indeed,Facebook,Twitter,YouTubeandInstagram.
Position Summary:
We have an exciting opportunity to join our team as a Revenue Management Associate Analyst.
In this role, the successful candidate as the Revenue Management Associate Analyst will support the Revenue Management Department through the identification quantification and execution of special projects identifying areas of increased net revenue opportunities. The analyst will provide reimbursement analysis. This will be accomplished by reviewing current practices as they relate to system interfacing account audits contractual language and any other system or department that may impact the financial health of this institution. The Associate Analyst reports to the Revenue Management Manager
Job Responsibilities:
- Maintains and updates the monthly workload tracking document
- Performs and participates in other related duties as required
- Provides knowledge transfer and support to RMD staff
- Performs data collection tracking and analytical duties to respond to key issues increase/track reimbursement opportunities and process efficiency and in support of the decision making process of leadership from multidisciplinary perspectives
- Assist in identifying trends for process improvement projects with departments with the purpose of increasing overall net revenue and charge capture rates and securing optimal efficiency
- Works collaboratively with Auditors and department management/administration to understand services provided to explore and capitalize on opportunities for increased reimbursement
- Based on charge audit trends identifies administrative errors inaccurate service code assignment and discrepancies in interpretation of charging and/or reimbursement methodologies
- Data mines from hospital information systems and runs reports as requested to find opportunities for revenue generation
Minimum Qualifications:
To qualify you must have a Bachelor s degree in Economics/Statistics Finance Business Management Finance Healthcare administration or a related field or equivalent combination of education and experience Three of related health care administration/financial or revenue cycle analysis experience
Preferred Qualifications:
Experience in financial analysis budgeting business and process analysis working knowledge of third party reimbursement is required Comprehensive understanding of audit and reimbursement systems managed care contracts rate structures billing and collection processes and procedures utilization review health care information systems outpatient revenue home health and other related health care topics is required Strong analytical skills and excellent communication skills required Knowledge of managed care terminologies and ability to interpret hospital bills explanation of benefits and medical records Strong computer and systems application skills Strong knowledge of NYULMC IT systems such i e Epic and EPSi is preferred Experience in MS Access Excel and Word required Knowledge of EPIC enterprise system preferred
Qualified candidates must be able to effectively communicate with all levels of the organization.
NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.
NYU Langone Health is an equal opportunity and affirmative action employer committed to diversity and inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sex, sexual orientation, transgender status, gender dysphoria, national origin, age, religion, disability, military and veteran status, marital or parental status, citizenship status, genetic information or any other factor which cannot lawfully be used as a basis for an employment decision. We require applications to be completed online.
If you wish to view NYU Langone Health's EEO policies, please click here. Please click here to view the Federal "EEO is the law" poster or visit https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm for more information.
NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $48,274.09 - $57,000.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
To view the Pay Transparency Notice, please click here