Duties and Responsibilities of a Revenue Cycle Analyst

Revenue Cycle Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk. All financial specialists not listed separately.

Revenue Cycle Analyst Duties

Promote excellent public relations with the patient community by leading the revenue cycle department with a high standard of performance
Ensure all staff members are certified and educated in all billing and coding requirements
Ensure accurate patient billing and coding while monitoring patient liabilities
Support the accounts receivable team by ensuring a steady cash flow
Investigate and resolve billing discrepancies and problems
Track and maintain all administrative forms, insurance forms, and protocols
Research and negotiate rates, contracts, and service agreements with healthcare providers
Supervise and motivate all billing and coding staff
Assist the medical director in ensuring compliance to all accreditation and regulatory standards
Develop and maintain excellent financial controls
Ensure the organization complies with all billing and insurance laws and regulation

Revenue Cycle Analyst Responsibilities

Develop and maintain a revenue cycle for patient billing and collections
Review and update patient demographics, insurance eligibility, and other patient account records
Recognize and help resolve patient account issues, denials, and problems to ensure timely and accurate payments and resolution of all patient issues
Develop, implement, and maintain billing and collection processes
Maintain awareness of regulatory requirements and other changes affecting the revenue and revenue cycle
Meet revenue cycle budget and sales goals

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