Full-Time

Revenue Integrity Analyst

Posted on 12/23/2024

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$45k - $63.5kAnnually

+ Bonus

Mid

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Excel/Numbers/Sheets

You match the following R1 RCM's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Certified Professional Coder (CPC), Certified Outpatient Coder (COC), or similar coding certification required
  • 3 years' experience in Hospital Based Charge Description Master (CDM)
  • In-depth knowledge of healthcare reimbursement methodologies, coding systems, and billing regulations
  • Intermediate Excel experience: must be able to perform Vlook-up function
Responsibilities
  • Developing and implementing pricing strategies for various services and procedures, considering factors like costs, market rates, and reimbursement policies
  • Ensuring that hospital policies and procedures related to billing and coding are followed by all relevant departments
  • Analyzing billing trends and identifying opportunities for revenue improvement or areas of potential compliance risk
  • Review and analyze patient records, billing data, and financial statements to ensure accurate charge capture
  • Identify discrepancies or errors in charge capture processes and rectify them
  • Verify that medical codes (ICD-10, CPT, HCPCS) assigned to procedures and diagnoses are accurate and compliant with coding guidelines
  • Analyze payer contracts and reimbursement rates to ensure that services are billed and reimbursed appropriately
Desired Qualifications
  • Preferred experience with Paragon, Meditech, and Cerner Millenium systems

R1 RCM specializes in Revenue Cycle Management (RCM) solutions for the healthcare sector. The company uses technology to simplify and improve the financial and administrative tasks of healthcare providers, such as hospitals and physician groups. R1 RCM's services cover the entire revenue cycle, which includes patient registration, coding, billing, and collections. By implementing intelligent automation, R1 RCM helps healthcare organizations reduce costs, increase revenue, and enhance patient satisfaction. Unlike many competitors, R1 RCM offers both comprehensive RCM solutions and targeted services for specific revenue cycle areas, often working under long-term contracts with performance incentives. The main goal of R1 RCM is to improve the financial performance of its clients while allowing them to focus more on patient care.

Company Stage

IPO

Total Funding

N/A

Headquarters

Murray, Utah

Founded

2003

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased telehealth adoption boosts demand for RCM solutions handling virtual care billing.
  • AI integration in RCM processes enhances automation of complex billing tasks.
  • Value-based care models create opportunities for RCM solutions aligning financial incentives with outcomes.

What critics are saying

  • Inconsistencies in service turnaround times and accuracy may affect client satisfaction.
  • Acquisition by TowerBrook and CD&R could disrupt operations and client relationships.
  • High competition in physician advisory services threatens R1 RCM's market position.

What makes R1 RCM unique

  • R1 RCM specializes in end-to-end Revenue Cycle Management for healthcare providers.
  • The company leverages advanced technology to streamline financial and administrative processes.
  • R1 RCM focuses on improving patient experience and financial performance for healthcare clients.

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Benefits

Performance Bonus

Professional Development Budget

INACTIVE