In this role, you will play a critical part in optimizing healthcare reimbursement strategies and ensuring compliance with complex federal and state regulatory requirements. You will be responsible for preparing, analyzing, and submitting Medicare, Medicaid, and other third-party cost reports and reimbursement filings. Using your expertise in healthcare finance, regulatory reporting, and financial analysis, you will help identify reimbursement opportunities, minimize financial risks, and improve reporting accuracy. You will collaborate with finance teams, auditors, external consultants, and other stakeholders to support financial planning and regulatory compliance. You will also develop analytical models, improve reporting processes, and provide insights into reimbursement trends and their financial impact. This opportunity offers the chance to work independently in a remote environment while contributing directly to the financial performance and long-term stability of a complex healthcare organization.
Prepare, review, advise on, and submit third-party reimbursement cost reports and regulatory filings, including Medicare, West Virginia Medicaid, Pennsylvania Medicaid, Ohio Medicaid, and CHAMPUS/TRICARE reports.
Coordinate the collection and consolidation of financial and operational data from internal departments, information systems, and external sources to ensure accurate and timely regulatory submissions.
Monitor filing deadlines, amendments, settlements, audits, adjustments, and reimbursement-related developments, communicating their progress and financial impact to relevant stakeholders.
Conduct regulatory research and prepare supporting documentation, workpapers, schedules, forms, and explanations required for reimbursement filings and audits.
Analyze reimbursement regulations, legislation, and policy changes to assess their financial implications and identify opportunities to improve reimbursement outcomes.
Perform detailed data validation and technical reviews to ensure consistency, accuracy, and compliance with applicable regulatory requirements and audit standards.
Develop and maintain reimbursement budget models using current, proposed, and finalized regulations to support financial planning and forecasting.
Prepare the annual Uniform Report for the relevant state healthcare authority and support other required regulatory reporting activities.
Evaluate current reimbursement rate structures and forecast future financial impacts based on cost report submissions and applicable reimbursement factors.
Collaborate with internal audit teams to assess the impact of reviews, audits, reimbursement settlements, and rate adjustments.
Prepare and submit annual Medicaid Disproportionate Share Hospital (DSH) surveys and support related audits, identifying reimbursement opportunities, potential risks, and process improvements.
Compile and maintain supporting documentation for Wage Index, Occupational Mix, transplant, Nursing and Allied Health, Bad Debt, Charity Care, S-10, desk reviews, IME/GME overlap, and time studies or allocation reports.
Support regulatory reviews and audits by responding to inquiries, providing supporting documentation, researching invoices, validating data, and ensuring compliance with required templates and reporting standards.
Provide analytical data and supporting information to the reimbursement team for the calculation of third-party receivables and payables.
Deliver financial analysis, regulatory interpretations, and supporting documentation for annual financial audits and governmental audits.
Coordinate reimbursement-related projects with external consultants and internal stakeholders according to departmental priorities.
Develop and enhance technical reporting capabilities, including database reporting and data analysis using Strata and other relevant systems.
Review existing reporting structures and workflows to identify opportunities to improve accuracy, efficiency, consistency, and automation.
Maintain and replicate historical workpapers, supporting schedules, and documentation while ensuring continuity and accuracy across reporting periods.
Identify and resolve reimbursement-related issues promptly to prevent financial losses, maximize reimbursement opportunities, and meet regulatory deadlines.
Contribute to departmental objectives, teamwork, quality assurance, and continuous improvement initiatives while supporting colleagues and sharing technical expertise.
Participate in relevant educational and professional development opportunities to maintain and strengthen technical and regulatory knowledge.