Healthcare Contract Analyst Jobs

About This Position
Waystar is looking for an experienced Contract Analyst with previous experience supporting healthcare software applications, preferably within a healthcare contract management role. The Contract Analyst will serve as a business contact for our clients regarding managed care contracts and will be responsible in maintaining client commercial and government contracts. A successful candidate will become a trusted advisor and liaison to the client, serving as the primary contact for our customers regarding contracts. Some responsibilities include: implementing new contracts, updating existing contracts, validating contract terms, and addressing any client issues or concerns. An ideal candidate for this position can approach problem-solving challenges independently, have strong attention to detail, enjoy working in a fast-paced, collaborative and team-based environment.
What You'll Do

• Work closely with implementation consultants and auditors to validate accounts prior to client go-live
• Periodically perform analysis of 835 remittance advice payment & adjustment transactions to support payment reconciliation
• Gather, interpret and implement contract builds into Waystar's Contract Management platform
• Perform validation of contract terms by reviewing account examples and confirming correct expected reimbursement generated
• Collaborate with client during contract interpretation and validation stages, as well as post go-live
• Manage the contract workflow to ensure timely and accurate implementation of contracts

What You'll Need

• Contract analyst experience in healthcare software or healthcare consulting environment
• Ability to research and interpret regulatory guidelines for Medicare, Medicaid, Tricare, and Workers Compensation
• Understanding of hospital revenue cycle operations and healthcare coding (i.e. DRG, CPT4, HCPCS, revenue codes, APG, APC, ICD-10, etc.)
• Demonstrated effective communication, both orally and in writing
• Experience with Excel and PowerPoint
• Must possess strong analytical, attention to detail and problem-solving skills
• Bachelor's degree
• Outstanding interpersonal skills and ability to communicate with cross-functional teams
• Ability to interpret contract language from managed care contracts
• Must be a quick learner with the ability to multi-task in a fast-paced environment
• An in-depth subject matter expertise and dedication to remaining current with industry and relevant legislative changes

Preferred

• 2 years of experience as a Contract Analyst in a healthcare company
• Strong financial analysis skills and experience
• Prior experience with relational databases. SQL knowledge is a plus!

About The Team
The Client Operations, Clearinghouse + Payment Operations, and Business Transformation team at Waystar builds brand loyalty and ensures solution adoption and client success. From resolving concerns to maintaining positive relationships, the team works directly with clients to provide resources and tools to help achieve their healthcare revenue cycle goals. The team is split into two divisions: Health Systems + Hospitals (HS+H) and Ambulatory. The Health Systems + Hospitals division includes large health systems at a multi-level local or national scale. The Ambulatory division includes organizations such as provider groups and physician and specialty practices.
About Waystar
Through a smart platform and better experience, Waystar helps providers simplify healthcare payments and yield powerful results throughout the complete revenue cycle.
Waystar's healthcare payments platform combines innovative, cloud-based technology, robust data, and unparalleled client support to streamline workflows and improve financials so providers can focus on what matters most: their patients and communities. Waystar is trusted by 1M+ providers, 1K+ hospitals and health systems, and is connected to over 5K commercial and Medicaid/Medicare payers. We are deeply committed to living out our organizational values: honesty; kindness; passion; curiosity; fanatical focus; best work, always; making it happen; and joyful,
Waystar products have won multiple Best in KLAS® or Category Leader awards since 2010 and earned multiple #1 rankings from Black Book™ surveys since 2012. The Waystar platform supports more than 500,000 providers, 1,000 health systems and hospitals, and 5,000 payers and health plans. For more information, visit waystar.com or follow @Waystar on Twitter.
WAYSTAR PERKS

• Education assistance opportunities and free LinkedIn Learning access
• Free mental health and family planning programs, including adoption assistance and fertility support
• Generous paid time off starting at 3 weeks + 16 holidays, including your birthday and volunteer time
• Competitive total rewards (base salary + bonus, if applicable)
• Paid parental leave (including maternity + paternity leave)
• Pet insurance
• 401(K) program with company match
• Employee resource groups
• Customizable benefits package (3 medical plans with Health Saving Account company match)

Waystar is proud to be an equal opportunity workplace. We celebrate, value, and support diversity and inclusion. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.