Full-Time

Senior Analyst

Revenue Cycle

Updated on 12/11/2024

Talkiatry

Talkiatry

201-500 employees

Provides virtual psychiatric care services

Healthcare

Compensation Overview

$120k - $130kAnnually

Senior

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
SQL
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Healthcare Administration, Finance, Business, or a related field preferred.
  • 5+ years of experience in healthcare revenue cycle management, or a related field.
  • Proficiency with EHR systems, billing software, and data analysis tools.
  • Able to code in SQL for data querying and analysis.
  • Proficiency in Microsoft Excel, data visualization tools, and reporting software.
  • Strong analytical skills with the ability to interpret complex data sets and generate actionable insights.
  • In-depth knowledge of healthcare revenue cycle processes, including billing, coding, collections, and compliance.
  • Understanding of healthcare regulations, payer requirements, and industry standards.
Responsibilities
  • Collect, compile, and analyze data related to the entire revenue cycle, including eligibility, charge capture, billing, coding, and collections.
  • Develop and maintain comprehensive reports to track key performance indicators (KPIs) such as days in accounts receivable (A/R), denial rates, and clean claim rates.
  • Present data-driven insights and recommendations to senior management to improve revenue cycle processes and financial performance.
  • Compile month-end close data in collaboration with finance to ensure accurate financial results.
  • Identify inefficiencies and bottlenecks in the revenue cycle process.
  • Collaborate with department heads and stakeholders to implement process improvements and ensure alignment with organizational goals.
  • Analyze denial trends and work with the billing and coding teams to identify root causes and reduce denials.
  • Develop and track strategies to minimize denials and improve overall revenue capture.
  • Assist in the evaluation and optimization of revenue cycle-related software and systems (e.g., EHR, billing systems) to further automate RCM functions.
  • Collaborate with Finance & Data Analytics to ensure data integrity and system functionality.
  • Participate in projects related to revenue cycle improvement, system upgrades, and process improvement.

Talkiatry provides psychiatric care services through a telehealth platform, focusing on mental health support. Clients seeking help can easily check if their insurance is accepted and complete an online assessment, which helps match them with a suitable psychiatrist from Talkiatry's team. This allows clients to have their first virtual visit within days, making mental healthcare more accessible. Unlike many competitors, Talkiatry's services are covered by insurance, reducing out-of-pocket costs for clients. The company aims to enhance access to mental health care while ensuring high-quality, empathetic support from a diverse team of experts.

Company Stage

Debt Financing

Total Funding

$192.6M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

11%

1 year growth

15%

2 year growth

23%
Simplify Jobs

Simplify's Take

What believers are saying

  • Talkiatry's value-based care model reduces hospitalizations and emergency room visits significantly.
  • Recent $130M funding supports expansion and innovation in mental healthcare services.
  • Partnership with BetterHelp broadens client base and revenue through business-focused services.

What critics are saying

  • Increased competition from telehealth platforms may impact Talkiatry's market share.
  • Rapid scaling could challenge the maintenance of high-quality care standards.
  • Dependence on insurance reimbursements poses financial risks with potential policy changes.

What makes Talkiatry unique

  • Talkiatry offers insurance-covered virtual psychiatric care, enhancing accessibility for clients.
  • The company uses AI-driven assessments to personalize mental health care for patients.
  • Partnerships with firms like Biogen expand specialized care, such as postpartum depression services.

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