Revenue Cycle Analyst Healthcare in Chicago, IL

Revenue Cycle Analyst Healthcare Job Description

Revenue cycle analysts must be able to review, process, and analyze large amounts of information related to claims submission and revenue for a healthcare organization and to transform it into meaningful financial information in preparation for revenue reviews. Candidates should have knowledge of marketplace dynamics, industry trends and the competitive landscape in the industry. Working knowledge of IT solutions and interfaces, operating platforms and network software, clinical workflows, and terminology specific to the revenue cycle is important to the position. Organizations typically require a bachelor’s or associate’s degree in nursing, information technology, business or a related field and three years of experience in a healthcare-related information systems or business services position.

Typical revenue cycle analyst duties:

Preparing, modifying and developing revenue-cycle reports

Reviewing, processing, and analyzing large amounts of information related to claims submissions and revenue

Designing queries and manipulating large volumes of data to create reporting to identify and interpret revenue trends

Supporting the development of pricing models, risk contracting and strategies to ensure contract optimization

Analyzing changes and developing strategies to ensure contract optimization, and preparing and presenting findings to leadership

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Salary for Revenue Cycle Analyst Healthcare in Chicago, IL

61000 - 89060

25th percentile

61000

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

78080

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

89060

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Revenue Cycle Director – Healthcare

103090

133895

158905