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Financial Analyst

Beacon Oral Specialists

Dallas, TX

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JOB DETAILS
JOB TYPE
Full-time
SKILLS
Analysis Skills, Billing, Business Analysis, Cash Flow, Communication Skills, Computer Skills, Corrective Action, Current Procedural Terminology (CPT), Customer Support/Service, Data Analysis, Data Mining, Data Modeling, Database Management Software/Systems (DBMS), Fee Schedule, Finance, Financial Analysis, Financial Reporting, Financial Trend Analysis, Healthcare, Healthcare Common Procedure Coding System (HCPCS), Healthcare Reimbursement, Hospital, ICD-10, Identify Issues, Interpersonal Skills, Lead Generation, Medical Billing, Microsoft Access Database, Microsoft Office, Operations Processes, Oral Surgery, Performance Analysis, Performance Metrics, Presentation/Verbal Skills, Problem Solving Skills, Process Development, Professional Services, Project/Program Management, Record Keeping, Reporting Skills, Requirements Management, Revenue Analysis, SQL (Structured Query Language), Schedule Development, Statistics, Team Player, Third-Party Payer, Time Management, Trend Analysis, Writing Skills
LOCATION
Dallas, TX
POSTED
5 days ago
Come join a high growth company in creating a center of business excellence while supporting our oral surgeons build a best-in class clinical practice! Your new career awaits you... We are looking for a Financial Analyst to join our team. We are a fast-paced organization that provides leading oral surgery practices with professional support services by partnering with us and joining our network. To be a successful Senior Financial Analyst you should have strong communication and interpersonal skills. You should demonstrate technical skills and a strong working experience in healthcare revenue cycle. Revenue Cycle Analyst Role: Responsible for assisting the Revenue Cycle department with analysis of key performance metrics. Develops and refines reports that identify problems and highlight potential opportunities. Analyzes third party denials and prepares relevant reports regarding trends in third party payments, denials and rejections. Works with ancillary departments’ staff and third-party payor provider representatives to identify source of denials and develop processes to eliminate and/or minimize untimely payments, underpayments, denials and rejections to improve cash flow. Prepares, mines data, evaluates, resolves, distributes and records statistics accurately and timely. Proficient in the understanding and management of all functions related to third-party billing processes, specializing in practice and professional fee denial management, and fee schedule reimbursements. Creates and provides regular updates to reports which help identify and correct issues that are negatively impacting revenue. Reviews individual denials to determine why they occurred. Monitors denial trends and reports; recommends corrective and preventative actions. Produces ad-hoc reports. Actively participates in revenue cycle initiatives and leads processes affecting operations within revenue cycle. Financial Analyst Requirements: BS/BA in Business or Finance preferred Equivalent work experience (3 years healthcare revenue cycle) acceptable in lieu of degree. Experience with provider billing as opposed to hospital is required. Experience in data analysis/data modeling the ability to analyze data in creative ways and display results in a compelling manner. Knowledge of database management software (Access, SQL). Strong computer skills; proficiency with Microsoft Office suite. Thorough understanding of ICD-10, CPT codes, HCPCS codes, hospital and physician billing, third party reimbursements and contracts. Experience with 835/837 files Software implementation and project management skills. Excellent interpersonal skills as well as superior writing skills. Deadline oriented; ability to work independently and in a team environment. Ability to manage multiple complex and concurrent projects. Proven ability to mine and analyze business data in creative ways and display results in a compelling manner. Strong situational analysis and data-driven decision-making abilities. Demonstrated understanding of healthcare revenue cycle. Proactive problem-solving and critical-thinking skills. Excellent verbal and written communication skills. Benefits: 401(k) with company match Medical, Dental and Vision Insurance FSA and HSA available Company-paid life insurance Additional insurance programs available Company discount program Employee Referral program Job Type: Full-time

About the Company

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Beacon Oral Specialists

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