Aegis Sciences Corporation

Senior Revenue Financial Analyst & Team Lead

Aegis Sciences Corporation$95K — $115K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, or related field required; CPA preferred
  • Minimum of eight years of experience in accounting/finance, particularly in financial analysis or revenue cycle management
  • Significant experience with data warehouses, BI tools, SQL server, ERP, and analysis services
  • Demonstrated expertise in financial reporting, data analysis, revenue recognition, and accounts receivable management
  • Experience in healthcare revenue cycle organizations and billing systems strongly preferred
  • Proficient in Microsoft Office Suite, especially Access, Word, Excel, and Outlook; ability to learn new software systems
  • Excellent written and verbal communication skills, attention to detail, and ability to manage multiple tasks effectively

Responsibilities

  • Supervise Senior Revenue Financial Analysts and Revenue Financial Analysts
  • Maintain contractual and bad debt rates for assigned payers, including forecasting changes and variance resolution
  • Extract and analyze large volumes of revenue cycle data to identify trends, variances, and areas for improvement
  • Create detailed reports and dashboards to present key performance indicators (KPIs) to stakeholders
  • Analyze and synthesize complex information to identify key issues and drive resolution on strategic initiatives
  • Lead revenue cycle optimization projects, managing data collection, analysis, and strategy implementation
  • Identify inefficiencies in the revenue cycle process and propose solutions to minimize revenue leakage

Benefits

  • Collaborative work environment with interdisciplinary teams
  • Opportunity to influence strategic initiatives and revenue cycle improvements
  • Professional development opportunities, including leadership roles
  • Engagement in projects that directly impact revenue generation and compliance
  • Potential for exposure to advanced technologies in data analysis and reporting
Full Job Description
The Senior Revenue Financial Analyst and Team Lead (A/R) is responsible for analyzing and optimizing a healthcare organization's revenue cycle processes by reviewing financial data, identifying areas for improvement, and developing strategies to maximize revenue while ensuring compliance with regulations, often collaborating with various departments within the revenue cycle team to implement changes and monitor their effectiveness. They will also supervise Senior Revenue Financial Analysts and Revenue Financial Analysts.

Essential Duties & Responsibilities:
  • Supervise Senior Revenue Financial Analysts and Revenue Financial Analysts
  • Responsible for maintaining both contractual and bad debt rates for assigned payers including, but not limited to, forecasting changes in payer rates, expected vs actual variance review, identification of variance, communication, and resolution of variances
  • Extract and analyze large volumes of revenue cycle data from various systems to identify trends, variances, and potential areas for revenue improvement, including patient demographics, billing codes, claims status, and payment patterns
  • Create detailed reports and dashboards to present key performance indicators (KPIs) related to revenue cycle performance, such as denial rates, days sales outstanding (DSO), and collection efficiency, to relevant stakeholders
  • Analyze and synthesize complex information to identify key issues, develop clear summaries, and define actionable next steps; collaborate across teams to ensure alignment, drive resolution, and maintain momentum on strategic initiatives
  • Lead and manage revenue cycle optimization projects, including data collection, analysis, and implementation of new strategies
  • Identify inefficiencies in the revenue cycle process, such as charge capture, coding accuracy, claims submission, and payment posting, and proposing solutions to streamline operations and minimize revenue leakage
  • Ensure adherence to healthcare regulations and coding guidelines related to billing practices to avoid potential compliance issues
  • Work closely with other departments within the revenue cycle team, including billing, coding, patient financial services, and registration to implement process improvements and address identified issues

Successful Candidates Must Possess:
  • Bachelor's Degree in Finance, Accounting, or related field required; CPA preferred
  • A minimum of eight (8) years of accounting/finance experience in financial analysis or revenue cycle management required. Experience must include:
  • Significant experience with data warehouses, BI tools, SQL server, ERP and analysis services required
  • Demonstrated expertise in financial reporting, data analysis, revenue recognition, and accounts receivable management required
  • Experience in healthcare revenue cycle organizations and billing systems strongly preferred
  • Expert knowledge of Microsoft Office Suite, specifically Access, Word, Excel, Outlook, and general working knowledge of Internet for business use; demonstrated ability to learn new accounting and billing software systems
  • Excellent written and verbal communication skills, ability to work on multiple tasks without sacrificing quality, attention to detail, and ability to interact with staff at all levels (and auditors) required


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About Aegis Sciences Corporation

Aegis Sciences Corporation is a forensic toxicology and healthcare sciences laboratory that provides science-driven testing and consulting services to healthcare providers, pharmaceutical companies, research organizations, and other entities. The company was founded in 1990 and is headquartered in Nashville, Tennessee. Aegis Sciences Corporation is committed to providing accurate and reliable testing services to its clients, and has a team of experienced scientists and technicians who use state-of-the-art technology to perform tests and analyze data. The company's services include drug testing, medication monitoring, pharmacogenetics testing, and consulting services. Aegis Sciences Corporation is dedicated to improving patient care and public health through its innovative testing and consulting services.
Learn more about Aegis Sciences Corporation
Size
1,500 employees
Industry
Founded
1991

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