The Financial Analyst in Professional Billing & Revenue Cycle Services departments responsible for the design, development and maintenance of reporting systems for business operations and internal management of Accounts Receivable. This individual functions as an internal consultant to the management of the department that includes all business lines of Physician Billing Services.
Job Duties and Responsibilities:
Coordinates informative reports and their relation to various trends associated with charge capture, reimbursements and aging of Accounts Receivable.
Reviews various key reports generated from EPIC to develop standardized reports for management.
Researches bench marking data to evaluate current processes as they are related to operations.
Develops standardized communication tools to alert management of various trends impacting operations.
Prepares forecasts based on current reimbursement trends and information gathered from external sources.
Builds Excel templates for reporting information.
Creates daily reports to monitor monetary progress for all Physician Billing Services clients.
Develops greater reporting capabilities via the EPIC system in conjunction with other managers and outside vendors.
Creates monthly report packages to distribute to the various business operations of Physician Billings Services.
Assists in the preparation of the annual budget emphasizing the impact to it relative to reimbursement trends.
Monitors aging and communicate information to appropriate management.
Randomly supervises various physician charges, reimbursement and aging in order to communicate the changes in the reimbursement environment.
When appropriate, meets with various members of administration and physician groups to educate them on changing reimbursements.
Assumes additional duties as assigned.
High school diploma required. Bachelor or higher degree in Finance, Healthcare Management or related field of study highly preferred.
One (1) year experience examining and reviewing reimbursement data for trend analysis preferred.
Four (4) years of experience in reviewing and interpreting patient medical records using CPT and ICD-10CM coding systems highly preferred.
Knowledge of physician billing practices and third party reimbursement guidelines.
Computer literate to include proficient use of online computerized systems and PC-based software applications. Microsoft Office programs (proficient in Excel).
Working Title: Financial Analyst - Billing Services
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major t...eaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.