About the Role

We are seeking an efficient and detail-oriented Revenue Cycle Analyst remote to enhance our company's revenue cycle operations by developing and implementing strategies to increase our revenue in a cost-effective manner. This role is perfect for a highly self-motivated and goal-driven professional with excellent collaboration and communication skills.

What You'll Do

  • Maintain all Account Receivable functions in the Revenue Cycle Department.
  • Close the books weekly for all business units for Payroll and Billing purposes.
  • Process data in Continulink Software for all daily transactions, including posting payments, adjustments, denials, charges, demographics, claims, and write-offs.
  • Submit monthly invoices to Medicaid Spenddown Clients and negotiate payment arrangements.
  • Utilize Converge Software to process payments over the phone.
  • Edit and correct all denied claims to Indiana Medicaid through Web Interchange Software.
  • Bill all Traditional Medicaid and other Medicaid-Managed Health Care Services like Anthem through Availity Software, Caresouce Software, and MHS Software on a weekly or monthly basis.
  • Bill Veteran Administration clients weekly through VACCN software and receive all payments through Optum Payment Service Software for all payment and denial statuses.
  • Prepare reports to work on Aging to decrease Account Receivable days and meet deadlines.
  • Communicate effectively with Clients, Medicaid, Veteran Administration, Staff/Management, and others.

Requirements

  • Preferred a Degree in Accounting, Finance, or a related field with equivalent experience in the Health Care industry.
  • Knowledge of Indiana Medicaid guidelines and regulations.
  • Good organizational and time management skills.
  • Proficient in Accounting, Microsoft Office, Data Analysis, and other software programs.
  • Strong analytical and critical thinking abilities.
  • Ability to prioritize and work independently as well as in a team-oriented environment.

What We Offer

  • Competitive salary ranging from $70,000 to $90,000 per year.
  • Remote work flexibility to enhance work-life balance.
  • Comprehensive health benefits and support.
  • Opportunities for professional development and growth.
  • Collaborative and supportive work environment.
Why This Job8.5 of 10

This remote Revenue Cycle Analyst position at PurposeCare offers a competitive salary and the chance to work in a supportive environment focused on healthcare revenue operations.

Salary Range
Required
0/1
Optional
0/1
Bonus
0/1

Who Will Succeed Here

Proficient in data analysis tools and techniques, with hands-on experience using Microsoft Excel for advanced financial modeling and reporting, as well as familiarity with Continulink, Converge, Web Interchange, and Availity software.

Strong self-management skills suited for a remote work environment, demonstrating the ability to set priorities, manage time effectively, and stay organized while working independently on revenue cycle projects.

Analytical mindset with a results-driven approach, capable of interpreting complex financial data to identify trends and opportunities for revenue enhancement, ideally with 3-5 years of experience in revenue cycle management or related fields.

Learning Resources

Accounting Basics for Managerscourse

Career Path

Revenue Cycle Analyst(Now)Senior Revenue Cycle Analyst or Revenue Cycle Manager(1-2 years)Director of Revenue Cycle Management(3-5 years)

Market Overview

Market Size 2024
$5.1B
Annual Growth
8.7%
AI Adoption
45%
Investment
+120%
Labour Demand
+15%
Avg Salary
$75K

Skills & Requirements

Required
AccountingData AnalysisMicrosoft Office
Growing in Demand
Data VisualizationFinancial ModelingHealthcare Compliance
Declining
Manual BookkeepingTraditional Accounting Software (e.g., QuickBooks Desktop)

Domain Trends

Increased Automation in Revenue Cycle Management
Over 60% of healthcare organizations are investing in automation tools to streamline billing and coding processes, reducing errors and improving efficiency.
Shift Towards Cloud-Based Solutions
The adoption of cloud-based accounting solutions has increased by 35%, with organizations seeking flexibility and scalability in their revenue cycle operations.
Integration of AI for Predictive Analytics
Around 50% of revenue cycle analysts are utilizing AI-driven tools for predictive analytics, aiming to forecast revenue and improve cash flow management.

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