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RCS-Business Analyst

IU Health
Posted 2 months ago, valid for 16 days
Location

Indianapolis, IN 46262, US

Salary

$55,000 - $66,000 per year

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Contract type

Full Time

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Sonic Summary

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  • This hybrid position requires a J.D. degree and at least 3 years of experience in legal research, specifically related to healthcare billing and reimbursement.
  • The role involves researching laws and regulations, translating complex information into understandable summaries, and supporting litigation matters.
  • Candidates should possess strong legal research skills, excellent written communication, and the ability to identify compliance risks in a fast-paced environment.
  • Proficiency in MS Excel and Access is required, along with a basic understanding of finance and statistics.
  • The salary for this position is competitive, reflecting the expertise and experience necessary for effective performance in the healthcare field.

M-F, 40 hours a week, hybrid, on-site one day per week 

This position is responsible for researching and providing timely, accurate, and reliable information on laws and regulations, with a focus on healthcare billing and reimbursement. The incumbent must be able to translate regulatory information into easy-to-understand summaries to a predominantly non-lawyer audience. Other responsibilities include but are not limited to: ensuring implementation of key regulatory updates; identification and assessment of SFT Risks; and assistance with RCS litigation matters, including hospital liens and worker’s compensation. J.D. degree required for litigation-based job responsibilities and for executing hospital liens. This position requires advanced knowledge of the healthcare industry, healthcare operations, and related laws, including issue-spotting concepts the Business Analyst has never seen before, and the ability to accurately interpret said laws to effectively provide answers. Medical billing and/or coding experience is a plus.

Context & Purpose of Role 

•It fulfills our need for a dedicated regulatory expert who can research, interpret, and operationalize healthcare billing and reimbursement rules, support litigation‑related workflows, identify compliance risks, and ensure successful implementation of regulatory updates across Revenue Cycle Services.

Responsibilities of Role 

•Regulatory Research & Interpretation: Conduct legal and regulatory research on healthcare billing and reimbursement rules and translate complex requirements into clear, actionable guidance

•Regulatory Monitoring & Implementation: Track federal, state, and payer updates; identify operational impact and SFT risks; support timely implementation across RCS

•Litigation‑Related Support: Provide support for RCS litigation matters, including attorney communication and accurate documentation.

•Stakeholder Communication & Education: Prepare concise regulatory summaries and support education for frontline team members and leadership.

Preferred Skills

 

•Strong legal research and interpretation skills

•Excellent written communication

•Strong analytical and issue‑spotting skills

 

Other Requirements 
• Bachelor's degree preferred. Requires proficiency in MS Excel and Access. Experience in a healthcare, accounting or corporate finance setting strongly preferred.
• Requires ability to work with all levels of healthcare management and staff.
• Requires basic knowledge of finance and statistics (ROI; NPV; risk; etc.).
• Requires excellent written and verbal communication skills.
• Requires exceptional interpersonal; problem-solving; and analytic skills.
• Requires the ability to work independently.
• Requires the ability to take initiative and meet objectives.
• Requires the ability to promote teamwork and build effective relationships.
• Requires the ability to prioritize, track and perform multiple tasks simultaneously.
• Requires the ability to perform in a fast paced environment.


  • Indiana University Health has nearly 40,000 team members, including more than 3,600 physicians and 1,200 advanced practice providers, and we’re home to the largest nursing network in Indiana with more than 9,000 nursing team members at over 800 sites of care.
  • IU Health is ranked No. 1 in Indiana by U.S. News & World Report, Riley Children's Health is ranked among the top children's hospitals in the country by U.S. News & World Report.
  • A unique partnership with the Indiana University School of Medicine – one of the nation’s largest medical schools – gives patients access to groundbreaking research and innovative treatments, and it offers team members access to the latest science and the very best training – advancing healthcare for all.
  • With 15 hospitals, including seven with Magnet designation and eight with Pathways to Excellence designation, our team members are leading the way through excellence.
  • At Indiana University Health, your personal and professional growth is a top priority. You will have access to many diverse opportunities to learn and develop in meaningful ways that matter most to you, such as advanced clinical training, leadership development, promotion opportunities and cross training development.
  • Indiana University Health is invested in the lives of Hoosiers, leading the transformation of healthcare to make Indiana one of the nation’s healthiest states.

Indiana University Health is Indiana’s most comprehensive health system, with 15 hospitals and nearly 40,000 team members serving Hoosiers across the state. We’re looking for team members who are inspired by challenging and meaningful work for the good of every patient. People who are compassionate and serve with a purpose. People who aspire to excellence every day.



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