The conductance curves of point-contact tunnel junctions between Ag and $rm Ba_{1-x}K_xBiO_3$ ($xsimeq 0.4$) reveal a BCS behavior with low leakage current at zero voltage and some broadening of the superconducting-gap structure. In the energy range above the superconducting energy gap, the structure in the voltage dependence of the second derivative $d^2V/dI^2$ of the voltage with respect to the current of the tunnel junction has been investigated in detail in magnetic fields up to $10 T$. While part of this structure is rapidly changing in a magnetic field, three reproducible peaks in $d^2V/dI^2(V)$ remain stable up to the transition temperature from the superconducting to the normal state with only additional broadening in the applied magnetic field. An analysis of this structure in terms of strong-coupling effects yields the spectral function $alpha^2F$ for the electron-phonon interaction. The obtained spectral weight in the energy region 20-70~$meV$ points to the importance of the oxygen optical modes in the electron-phonon coupling for the superconductivity of $rm Ba_{1-x}K_xBiO_3$.