Revenue Cycle Analyst in Northfield, Minnesota at Northfield Hospital & Clinics
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Job Description
Job Summary
The Revenue Cycle Analyst will support revenue cycle initiatives for compliance and revenue optimization for the organization. This position will bridge gaps and bring transparency to clinical, front end, mid-cycle and back end work flows to enable the organization to make timely, strategic, and tactical decisions. Performs detailed, quantitative analysis work to support increased revenues, decreased costs, accelerated cash flow, improved clinical outcomes and operational flow efficiencies.
Compensation
We are committed to providing wage ranges for all open positions. Please note that the specific compensation for this role will be determined based on experience, education and internal equity considerations. The hourly wage range for this position is $28.84-$40.72. This range reflects the base salary for this position.
Key Accountabilities
- Works collaboratively with Senior Revenue Cycle Analyst along with other clinical and finance departments. Due to its service focus and project management emphasis, this position requires strong interpersonal and communication skills, in conjunction with strong analytic and organizational skills.
- Responsible for researching and aiding in processes to optimize legitimate reimbursement for our organization. Works with multi-disciplinary team to assess and improve denial management with reports and feedback to help educate and implement necessary changes.
- Collects appropriate data and applies proper audit procedures to test the patient charge systems/procedures. Prepares reports documenting audit findings, conclusions, and recommendations.
- Applies innovative thinking and business knowledge to review back-end processes, from intake to collection, in order to maximize collections through the accurate and complete capture of all charges efficiency and profitability.
- Continuously learn and apply improvement methodologies, and spread successful innovation through the institution.
- Maintains strong working relationships with departments to educate and support revenue department managers and directors as to their roles and responsibilities as they relate to revenue capture.
- Reviews and distributes regulatory coding and billing information from CMS and/or third-party payors to the appropriate departments. Ensures that NH+C maintains compliance with regulations and captures accurate reimbursement for services provided.
- Apply data analytic principles to build queries and extract data for analysis and interpretation. Analyze complex data set and use relational databases to build queries for ad-hoc reports from EHR.
- Assists in maintaining the integrity of the charge description master for the hospital, and clinics through annual updates, periodic audits, and ongoing review. Align chargemaster pricing with payor reimbursement and competitive market pricing.
Qualifications
- Bachelor’s degree in Accounting, Business Administration, or Finance or 5+ years of experience in healthcare Revenue Cycle.
- Minimum 2-3 year’s strong financial and data analysis experience with experience extracting data from relational databases.
- High level of analytical, problem solving and critical thinking skills.
- Expert level skills in Excel and Access.
- The ability to work in a professional, teamwork oriented manner with both organizational and external colleagues.
- Demonstrated ability to successfully multi-task, completing complex projects completely and on time.
- Ability to write reports, presentations and business correspondence that are readily understood and conform to accepted standards of professional business communications style and format.
- Must be able to speak, read, and write English proficiently to ensure safe and effective communication in a healthcare environment.
Preferred Qualifications
- 2-3 years’ experience in healthcare financial operations.
- Working knowledge and application of Relative Value Units, CPT, ICD-10, documentation, coding rules, UB04 and 1500 claims forms.
Work Schedule and Hours
- 40 hours per two-week pay period
- Monday-Friday Business Hours
- On-site in Northfield, MN
Benefits
- Paid Time Off accrued on first paycheck
- Medical and Dental Insurance, Vision Discount Plan
- Flexible spending accounts
- Life, accidental death & dismemberment, disability insurance
- Pension Plan (PERA) with a 7.5% company match
- 457(b) retirement plans available
- Tuition Reimbursement
- Loan Forgiveness Eligibility – PSLF + MN state programs for qualifying roles
- On-site Continuing Education
- Free on-site parking
- Other benefits include our Qualified Bilingual Staff Program, Employee Assistance Program, and a variety of savings opportunities, including cafeteria, scrubs, and OTC medication discount from our pharmacy.
About Us
Northfield Hospital + Clinics is a trusted, independent healthcare system with more than 800 employees. We’re recognized for our collaborative work environment and strong commitment to high-quality patient care and community impact. We’re proud to be named to Becker’s 2025 list of “100 Great Community Hospitals." Our services span the full spectrum of hospital and clinical care, with our main hospital located in Northfield, MN, and primary and specialty clinics in Northfield, Lakeville, Farmington, Faribault, and Kenyon—along with Urgent Care locations in both Northfield and Lakeville. We offer care across 48 specialties and serve patients at 22 locations throughout the south metro and southern Minnesota.
Whether you're just starting your career or bringing years of experience, you'll find meaningful opportunities, supportive teams, and a chance to make a real difference here.
This job posting is not intended to be an exhaustive list of all duties, responsibilities, or activities required of the position. Duties, responsibilities, and activities may change at any time with or without notice. Compensation, benefits, work schedules, and other terms and conditions of employment are subject to change in accordance with applicable laws, policies, and collective bargaining agreements, if applicable.