The University of Chicago Physician's Group is seeking a detail-oriented Healthcare Business Analyst to support revenue cycle operations. This role focuses on analyzing denial trends, improving reimbursement outcomes, supporting clinical and management teams with actionable insights, and collaborating with IT on EPIC system updates to improve efficiency and compliance.
Key responsibilities include:
- Analyzing denial trends, root causes, overturn rates, and payer policy changes to reduce denials and maximize reimbursement
- Preparing detailed denial trend data for validation by Accounts Receivable management
- Presenting findings and recommendations in management and clinical department meetings
- Using BI dashboards to identify process opportunities and generate reports and visualizations for stakeholders
- Responding to data requests from physician group areas and clinical departments
- Reviewing payer policy updates and escalating high-impact changes to leadership
- Reviewing high-dollar write-offs and identifying improvement opportunities
- Analyzing AR data across financial classes, including Self-Pay, to improve collections and reduce write-offs
- Collaborating with the manager and IT team on EPIC system updates to support revenue cycle process improvements
- Prioritizing chart documentation and maintaining department requirements
- Assisting with posting professional fees accurately
- Participating in and potentially leading training sessions, audits, and compliance-related process improvements
Minimum qualifications
- Bachelor's degree in a related field, or an equivalent combination of education and relevant experience
- 2 to 5 years of work experience in a related job discipline
Preferred qualifications
- Bachelor's degree in Healthcare Administration, Business Administration, Finance, or a related field strongly preferred
- At least 3 years of experience in healthcare revenue cycle management, billing, or financial analysis strongly preferred
- Experience with EPIC or other EHR systems strongly preferred
Preferred competencies
- Strong analytical skills with proficiency in data analysis tools and BI dashboards
- Excellent communication and presentation skills
- Detail-oriented with a focus on accuracy and continuous improvement
- Ability to work independently and collaboratively in a fast-paced environment
- Knowledge of healthcare payer policies, regulations, and reimbursement methodologies
Benefits eligible: Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off.
Location
Chicago, Illinois, US
Employment Type
Full-time
Experience Level
Intermediate Level
Salary Range
$70,000 - $95,000
Remote work allowed
No
Posted
4 weeks ago