Business Analyst in Stamford (Fully Remote) at Vaco

Date Posted: 6/23/2022

Job Snapshot

Job Description

The Business Analyst provides oversight and support for Revenue Cycle workflow processes using data analytics. The Business Analyst assures all established billing, systems, and process requirements have been met in order to ensure timely and optimal reimbursement. Through the analysis of key performance indicator data, the Business Analyst works to improve Revenue Cycle production and efficiency. The Business Analyst recommends changes that will positively impact the Revenue Cycle and help operate according to industry benchmarks and meet A/R performance goals and productivity. The Business Analyst will improve and implement internal controls over the revenue cycle and will work closely with IT on interface and system issues as required to improve the flow of data. The Business Analyst may lead projects for Revenue Cycle.

Job Description:

  • Develop dashboards and reports to track metrics, financial opportunities and key performance indicators
  • Perform analysis of financial performance of the revenue cycle function to identify areas of opportunity
  • Responsible for various standard, recurring reporting functions to support revenue cycle operational business needs
  • Assists revenue cycle leaders in working closely with organizational stakeholders to improve financial performance based on analytic findings
  • Completes regular root cause analysis of financial transactions
  • Monitor key performance indicators for internal and external parties
  • Prepares summary findings of analysis for department leadership review
  • Cultivates internal relationships to assist in understanding department workflows
  • Engage regularly with finance department leaders on improvement opportunities identified through data analysis
  • Provides analytics for and supports special projects as needed (e.g. Underpayment review)