Full-Time

Manager – RCM Performance Analytics

Posted on 11/15/2024

Modernizing Medicine

Modernizing Medicine

1,001-5,000 employees

Provides specialty-specific Electronic Health Records systems

Biotechnology
Healthcare

Mid

Remote in USA

Category
Operations Consulting
Consulting
Required Skills
Power BI
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelors degree preferred
  • 5 years RCM or performance analytics experience
  • Proven ability to lead and manage teams, with experience in training and mentoring staff.
  • Ability to analyze financial and operational data to identify trends and discrepancies.
  • Proficiency in data analysis tools (i.e. Excel, Google Sheets, etc) and experience with data software (i.e. Power BI).
  • Strong analytical skills to address complex issues and develop effective solutions.
  • Analytical thinking, attention to detail and decision-making abilities.
  • Exceptional written, verbal and interpersonal communication skills required.
  • Knowledge of medical billing/coding, front-office, physician practice management and healthcare business processes.
  • Strong understanding of various insurance carriers, including Medicare, private HMOs, and PPOs.
  • Ability to manage and integrate information located in multiple software systems.
  • Experience working with global vendors
Responsibilities
  • Manage and mentor a team of RCM Performance Analysts, fostering a culture of collaboration, accountability, and continuous improvement.
  • Oversee the collection, analysis, and reporting of RCM performance metrics. Develop dashboards and reports to communicate insights and trends to senior management and stakeholders.
  • Identify areas for improvement within the revenue cycle processes, implementing strategies to enhance efficiency, reduce denials, and optimize revenue capture.
  • Work closely with cross-functional teams, including Coding, Client Success, Operations and other BOOST departments to ensure alignment on client performance goals and initiatives.
  • Facilitate communication between billing, coding, finance, and operations teams to ensure alignment on performance goals and data integrity.
  • Contribute to the development of strategic plans aimed at improving overall revenue cycle performance, leveraging data insights to drive decision-making.
  • Design and implement training programs for staff on RCM metrics, data interpretation, and best practices in performance analytics.
  • Ensuring the accuracy and reliability of the RCM Performance Analysts data to inform decision-making.
  • Identifying bottlenecks or inefficiencies in BOOST processes that lead to delays or revenue loss.
  • Analyzing patterns in claim denials and developing strategies to reduce their occurrence.

Modernizing Medicine provides specialty-specific Electronic Health Records (EHR) systems designed to improve the workflow of healthcare providers. Their main products, EMA and gGastro EHR, help users manage patient information and administrative tasks more efficiently, allowing them to concentrate on patient care. These systems adapt to the specific practices of each user, enhancing their effectiveness. Unlike many competitors, Modernizing Medicine focuses on tailored solutions for various medical specialties, which sets them apart in the healthcare technology market. The company's goal is to streamline healthcare delivery and improve patient outcomes by providing tools that simplify administrative processes for healthcare providers.

Company Stage

N/A

Total Funding

$360.6M

Headquarters

Boca Raton, Florida

Founded

2010

Growth & Insights
Headcount

6 month growth

4%

1 year growth

9%

2 year growth

37%
Simplify Jobs

Simplify's Take

What believers are saying

  • Modernizing Medicine's consistent top rankings in G2 and Black Book Research reports highlight its strong market position and customer satisfaction.
  • Collaborations with industry leaders like Medtronic and Brevium enhance the functionality and appeal of their EHR systems.
  • The appointment of a Chief Information Security Officer underscores the company's commitment to data security, a critical factor in healthcare technology.

What critics are saying

  • The highly competitive healthcare technology market requires continuous innovation to maintain a leading position.
  • Integration of AI and new technologies may face resistance from traditional healthcare providers, potentially slowing adoption.

What makes Modernizing Medicine unique

  • Modernizing Medicine offers specialty-specific EHR systems, unlike many competitors who provide more generalized solutions.
  • Their EHR systems, EMA and gGastro, are designed to learn and adapt to specific user practices, enhancing workflow efficiency.
  • The company has a strong focus on integrating AI to reduce administrative burdens, setting it apart in the healthcare technology market.

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