The Revenue Cycle Analyst plays a crucial role in supporting Talkiatry’s financial health, by analyzing and optimizing all aspects of the revenue cycle. This position involves collecting and analyzing data to identify trends, inefficiencies, and opportunities for improvement. The analyst will work closely with finance, operations, and RCM leadership to ensure accurate billing, timely collections, and efficient operations.
About Talkiatry:
Talkiatry transforms psychiatry with accessible, human, and responsible care. We’re a national mental health practice co-founded by a patient and a triple-board-certified psychiatrist to solve the problems both groups face in accessing and providing the highest quality treatment.
60% of adults in the U.S. with a diagnosable mental illness go untreated every year because care is inaccessible, while 45% of clinicians are out of network with insurers because reimbursement rates are low and paperwork is unduly burdensome. With innovative technology and a human-centered philosophy, we provide patients with the care they need—and allow psychiatrists to focus on why they got into medicine.
You will:
- 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.
You have:
- 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.
Why Talkiatry:
- Top-notch team: we're a diverse, experienced group motivated to make a difference in mental health care
- Collaborative environment: be part of building something from the ground up at a fast-paced startup
- Flexible location: work where you want to, either remotely across the U.S. or from our HQ in NYC
- Excellent benefits: medical, dental, vision, effective day 1 of employment, 401K with match, generous PTO plus paid holidays, paid parental leave, and more!
- Grow your career with us: hone your skills and build new ones with our Learning team as Talkiatry expands
- It all comes back to care: we’re a mental health company, and we put our team’s well-being first
Compensation range for this position is $120,000 to $130,000, depending on experience; actual compensation will be dependent upon the specific role, location, as well as the individual’s qualifications, experience, skills and certifications.
Talkiatry participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. only after a job offer is accepted and Form I-9 is completed. For more information on E-Verify, please visit the following: EVerify Participation & IER Right to Work.
At Talkiatry, we are an equal opportunity employer committed to a diverse, inclusive, and equitable workplace and candidate experience. We strive to create an environment where everyone has a sense of belonging and purpose, and where we learn from the unique experiences of those around us.
We encourage all qualified candidates to apply regardless of race, color, ancestry, religion, national origin, sexual orientation, age, citizenship, marital or family status, disability, gender, gender identity or expression, pregnancy or caregiver status, veteran status, or any other legally protected status.
