Revenue Cycle Analyst (Healthcare)
Location: Chicago, ILExperience: New Graduates & Entry-Level Professionals EncouragedEmployment Type: Full-TimeVisa: All Visa Types Considered, subject to applicable employment requirements
About the Opportunity
We are currently hiring for a New Graduate Revenue Cycle Analyst position with one of our clients in Chicago, IL. This is an excellent opportunity for recent graduates and early-career professionals who are interested in healthcare operations, revenue cycle management, data analysis, reporting, and business process improvement.
Candidates with degrees in Healthcare Administration, Business Administration, Business Analytics, Finance, Accounting, Economics, Data Science, Information Systems, Health Informatics, or related fields are encouraged to apply.
No extensive prior experience is required. Academic projects, internships, coursework, and relevant training are valued for this opportunity.
Key Responsibilities
- Support analysis of healthcare revenue cycle processes, including billing, claims, payments, denials, and accounts receivable.
- Gather and analyze business and operational data to identify trends, issues, and opportunities for improvement.
- Prepare reports, dashboards, and presentations for business and healthcare stakeholders.
- Assist with monitoring key revenue cycle metrics and performance indicators.
- Analyze claims, billing, payment, denial, and reimbursement data using Excel, SQL, and other analytical tools.
- Support identification and investigation of claim denials, payment discrepancies, and process inefficiencies.
- Work with cross-functional teams to understand business requirements and operational challenges.
- Document business processes, workflows, requirements, and recommendations.
- Assist with process improvement initiatives related to billing, collections, claims, and reimbursement.
- Track issues, action items, project deliverables, and follow-ups.
- Participate in meetings with business, finance, healthcare operations, and technical teams.
- Support testing, validation, reporting, and implementation of process improvements.
- Communicate analytical findings clearly to both technical and non-technical stakeholders.
Required Qualifications
- Bachelor's or Master's degree in Healthcare Administration, Health Informatics, Business Administration, Business Analytics, Finance, Accounting, Economics, Data Science, Information Systems, or a related field.
- New graduates and candidates with limited professional experience are strongly encouraged to apply.
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel.
- Strong attention to detail and organizational skills.
- Good written and verbal communication skills.
- Ability to analyze information and identify trends or discrepancies.
- Ability to understand business processes and translate findings into actionable recommendations.
- Ability to work independently and collaboratively in a team environment.
Preferred Qualifications
- Knowledge of SQL, Power BI, Tableau, Python, or other analytical tools.
- Academic, internship, or project experience involving healthcare data, financial analysis, business analysis, or process improvement.
- Familiarity with Revenue Cycle Management (RCM) concepts.
- Understanding of healthcare billing, claims, reimbursement, denials, or accounts receivable is a plus.
- Familiarity with healthcare terminology, EHR systems, or claims data is beneficial.
- Knowledge of ICD-10, CPT, HCPCS, or medical billing concepts is a plus.
- Familiarity with Agile/Scrum methodologies.
- Experience creating reports, dashboards, process flows, or analytical presentations.
- Familiarity with Jira, Confluence, or similar project management tools.
Ideal Candidate
This position is particularly well suited for recent graduates who want to begin their career in healthcare analytics, revenue cycle management, business analysis, or healthcare operations.
Candidates with academic projects, internships, coursework, certifications, or hands-on training related to healthcare, analytics, finance, business, or data analysis are encouraged to apply.
You do not need extensive professional Revenue Cycle experience to be considered.
Why Consider This Opportunity?
- Excellent opportunity specifically for New Graduates and Entry-Level Professionals.
- Direct opportunity to work with one of our clients.
- Gain hands-on exposure to Healthcare Revenue Cycle Management and Analytics.
- Opportunity to work with billing, claims, reimbursement, denial, and financial data.
- Develop practical skills in Excel, SQL, reporting, dashboards, and data analysis.
- Exposure to healthcare business processes and operational improvement.
- Opportunity to work with both business and technical teams.
- Collaborative environment with opportunities for professional growth.
- Academic projects and internship experience can be considered for this entry-level opportunity.
- All visa types are welcome to apply, subject to applicable employment requirements.