RCM Performance Analyst

Job Description Summary

Mod Med is hiring an RCM Performance Analyst who will play a crucial role in optimizing Mod Med's revenue cycle operations through data analysis, process improvement, and strategic collaboration. This individual will contribute to maximizing revenue realization and ensuring financial health.

• Conduct in-depth data analytics to identify trends, issues, and opportunities within the revenue cycle, encompassing all stages from patient registration to claims resolution.
• Lead and support process improvement initiatives aimed at enhancing efficiency, accuracy, and compliance within RCM.
• Collaborate effectively with cross-functional teams, including billing, coding, and product, to resolve complex revenue cycle problems and implement sustainable solutions.
• Communicate findings, recommendations, and progress clearly and concisely to various stakeholders, both verbally and in written reports.
• Utilize strong analytical thinking to interpret financial data, identify root causes of discrepancies, and propose actionable strategies.
• Proactively identify areas for continuous improvement within RCM processes and propose innovative solutions.
• Take initiative to investigate and resolve revenue cycle challenges, often working independently to drive projects forward.
• Contribute to the development and implementation of revenue cycle strategies that align with organizational goals.
• Track and present outcomes of recommendations and impact on revenue.
• Demonstrate excellent problem resolution skills to address and mitigate revenue cycle roadblocks.
• Work independently on assigned projects and tasks, while also fostering a collaborative environment.

• Bachelor's degree in Finance, Healthcare Administration, Business, or a related field.
• Minimum of 3-5 years of experience in Revenue Cycle Management (RCM) within a healthcare setting.
• Proven experience with data analytics tools and methodologies.
• Demonstrated ability in analytical thinking and problem resolution.
• Excellent communication and collaboration skills, with the ability to convey complex information clearly.
• Strong understanding of continuous improvement principles and experience leading process improvement initiatives.
• Ability to work independently, take initiative, and manage multiple priorities effectively.
• Experience in strategy development related to revenue cycle optimization is highly desirable.

• Comprehensive medical, dental, and vision benefits, including a company Health Savings Account contribution.
• 401(k):
  Mod Med provides a matching contribution each payday of 50% of your contribution deferred on up to 6% of your compensation. After one year of employment with Mod Med, 100% of any matching contribution you receive is yours to keep.
• Generous Paid Time Off and Paid Parental Leave programs.
• Company paid Life and Disability benefits, Flexible Spending Account, and Employee Assistance Programs.
• Company-sponsored Business Resource & Special Interest Groups that provide engaged and supportive communities within Mod Med.
• Professional development opportunities, including tuition reimbursement programs and unlimited access to Linked In Learning.
• Global presence and in-person collaboration opportunities; dog-friendly HQ (US), Hybrid office-based roles and remote availability for some roles.
• Weekly catered breakfast and lunch, treadmill workstations, Zen, and wellness rooms within our BRIC headquarters.