ModMed is a company focused on modernizing the healthcare experience through innovative software solutions. The RCM Performance Analyst will optimize revenue cycle operations by conducting data analysis, leading process improvements, and collaborating with cross-functional teams to enhance financial health and maximize revenue realization.
Responsibilities:
- 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