Overview
The organization is seeking a Senior Reimbursement Analyst to support Medicare and Medicaid reimbursement activities and help ensure accurate, optimal third-party reimbursement. This role is responsible for preparing and analyzing interim and annual Medicare cost reports, monthly contractual allowance and settlement models, reimbursement forecasts, and other reimbursement-related financial analyses.
This position may be remote in the following states: AL, AZ, AR, FL, GA, ID, IN, IA, KS, LA, MS, MO, MT, NC, OH, OK, SC, SD, TN, TX, UT, VA, WY.
Responsibilities
- Medicare Cost Report preparation and maintenance
- Prepare, analyze, and maintain interim and final Medicare cost reports, supporting documentation, and reimbursement-related analyses to ensure compliance, accuracy, and reimbursement optimization.
- Maintain and review cost allocation statistics (including square footage, time studies, and other statistical drivers); recommend changes as necessary.
- Maintain tracking of physician time study documentation to maximize reimbursement.
- Contractual allowances, settlements, and modeling
- Complete monthly Medicare and Medicaid contractual allowances and third-party settlements.
- Prepare and update settlement and contractual allowance models to reflect payment changes, cost report impacts, and other relevant data elements.
- Reconcile balance sheet settlement and contractual allowance accounts, ensuring they reflect all transactions and current estimates.
- Regulatory and reimbursement expertise
- Serve as a subject matter resource on Medicare and Medicaid regulations, cost reporting, settlement matters, and regulatory reimbursement impacts to support accurate financial reporting and reimbursement optimization.
- Monitor proposed and final rules, laws, and regulations impacting reimbursement for the hospital and physician practice; prepare analysis of financial impacts.
- Coordinate and complete regulatory provider enrollment activities, including CMS-855A applications, and other required provider enrollment updates.
- Attend monthly meetings with the Alliance of Dedicated Cancer Centers.
- Medicaid supplemental programs analysis
- Monitor impacts of various State Medicaid programs (including the Florida Cancer Hospital Program) to help ensure optimal Medicaid program funding.
- Estimate non-claim-based Medicaid program revenue and Intergovernmental Transfers (IGTs) to support adequate and optimal Medicaid program funding.
- Prepare the Low Income Utilization (LIP) annual survey.
- Special reimbursement projects
- Conduct research and analysis for special reimbursement projects to maximize reimbursement and support strategic decision making.
- Exercise independent judgment in analyzing reimbursement issues, developing recommendations, and prioritizing work activities; escalate issues with significant financial, regulatory, or organizational risk.
- Collaboration
- Collaborate cross-functionally with Government Relations, Managed Care, Patient Financial Services, and external auditors and consultants.
Requirements
- Bachelor’s degree in Finance, Accounting, or related field.
- Minimum of five (5) years of experience in a healthcare financial-related field, with hospital reimbursement experience strongly preferred.
Preferred Qualifications
- Three (3) or more years of hospital reimbursement experience.
- Experience with cost-based / PPS-exempt providers and cost report settlements.
- Experience with Medicaid supplemental payment programs (e.g., DSH/LIP, UPL, state directed payments, IGTs).
Compensation & Benefits
- Salary range: $73,424.00 - $111,883.20
- Salary ranges posted represent the expected base pay range for the role. Actual compensation may vary based on location and a variety of job-related factors, including experience, skills, education, and internal equity among Team Members in similar positions.
- Fair and equitable pay practices are a priority, with regular compensation reviews to ensure alignment across the workforce.
Location
Remote within: AL, AZ, AR, FL, GA, ID, IN, IA, KS, LA, MS, MO, MT, NC, OH, OK, SC, SD, TN, TX, UT, VA, WY.
Equal Employment Opportunity & Reasonable Accommodation
- The employer is an Equal Opportunity/Affirmative Action Employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, or protected veteran or disabled status.
- Reasonable accommodation is available for qualified individuals with disabilities. Requests for accommodation should be made as part of the application or interview process.