layiq

/la·yiq/adjective

worthy; deserving; fitting; suitable.

A role, opportunity, or path that merits attention, time, and pursuit.

LAYIQ - Business Analyst at University of Chicago

Proactive Denial Review: Analyze denial trends and root causes to identify areas for improvement and develop proactive strategies to prevent future denials.
Analyze denial trends and overturn rates to develop strategies for minimizing denials and maximizing reimbursement.
Stay informed about new payer denial trends and escalate significant changes to leadership.
Support Management and Clinical Meetings: Pull detailed information on denial trends to be validated by Accounts Receivable (AR) management.
Present findings on denial trends and recovery options at management and clinical department meetings.
Collaborate with AR management and clinical departments to develop action plans based on identified trends.
Utilization of BI Dashboards: Utilize Business Intelligence (BI) dashboards to identify denials or AR process opportunities requiring additional analysis.
Generate reports and data visualizations to communicate key findings to stakeholders.
Develop and maintain denial management metrics and reports to track denial trends, resolution rates, and revenue recovery efforts.
Support Data Requests: Respond to data requests from all University of Chicago Physician's Group areas and clinical departments.
Provide accurate and timely data analysis to support decision-making and process improvement initiatives.
Review Payer Policy Updates: Review payer policy updates every month and assess potential impacts on revenue cycle processes.
Identify changes with high-level impacts and escalate them to leadership for further review and action.
Review High-Dollar Write-Offs: Review high-dollar write-offs performed by the AR team and identify areas for improvement.
Escalate significant findings to leadership and collaborate on strategies to minimize write-offs.
Analyze Accounts Receivable (AR): Analyze AR data to identify payer-specific trends, write-offs, and process improvement opportunities across all financial classes, including Self-Pay.
Develop recommendations for optimizing revenue cycle processes and maximizing collections.
Collaboration on System Updates: Work collaboratively with the manager and IT team to make updates to the EPIC system to facilitate improved Revenue Cycle Processes.
Provide input and feedback on system enhancements to support operational efficiency and accuracy.
Prioritizes chart documentation and maintaining requirements within the department. Ensures all processes involved in accurately posting professional fees.
Participates and may lead in training sessions, performing audits, and promoting an understanding of procedures, policies, and expectations in promotion of compliance efforts.
Performs other related work as needed.

Business Analyst

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Employer job description

About the Department

VALUES:

Responsibilities

Minimum Qualifications

Preferred Qualifications

Salary ​

Benefits Eligible

About this listing

Listing check

Similar jobs

Similar jobs

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