[Remote] Revenue Cycle Management Analyst at Talkiatry

Remote

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Mental HealthIndustries

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
Strong attention to detail and the ability to work independently and collaboratively in a fast-paced environment

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

Skills

Key technologies and capabilities for this role

Data AnalysisReportingKPI TrackingProcess ImprovementBillingCodingFinancial Analysis

Questions & Answers

Common questions about this position

What experience is required for the Revenue Cycle Management Analyst role?

Candidates need 5+ years of experience in healthcare revenue cycle management or a related field, along with a Bachelor’s degree in Healthcare Administration, Finance, Business, or a related field preferred.

What technical skills are needed for this position?

Proficiency with EHR systems, billing software, data analysis tools, SQL for data querying and analysis, and Microsoft Excel is required.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does Talkiatry do and what is their mission?

Talkiatry is a national mental health practice that transforms psychiatry with accessible, human, and responsible care, solving access issues for patients and burdensome paperwork for clinicians using innovative technology and a human-centered philosophy.

Talkiatry

Provides virtual psychiatric care services

About Talkiatry

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 the financial barriers often associated with mental health care. The goal of Talkiatry is to offer convenient and empathetic psychiatric care, led by a diverse team of experts, to help clients on their journey to better mental health.

New York City, New YorkHeadquarters

2019Year Founded

$192.6MTotal Funding

DEBTCompany Stage

HealthcareIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Holidays

Paid Parental Leave

Flexible Work Hours

Remote Work Options

Risks

Increased competition from other telehealth platforms may affect market share.

Reliance on insurance reimbursements poses financial risks with policy changes.

Rapid expansion could lead to operational challenges and quality control issues.

Differentiation

Talkiatry offers insurance-covered virtual psychiatric care, enhancing accessibility for patients.

The company partners with ERC Pathlight to provide specialized care for eating disorders.

Talkiatry's diverse clinical team ensures personalized care across various mental health needs.

Upsides

Talkiatry's value-based care model improves health outcomes and reduces costs.

The partnership with Biogen expands services to address postpartum depression effectively.

Growing telehealth adoption boosts demand for Talkiatry's services.

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