Cincinnati Children's Office of Academic Affairs and Career Development ยท 2 months ago
Reimbursement Analyst III
Cincinnati, OH
Full-time
Onsite
Mid, Senior Level
$68K/yr - $86K/yr
7+ years expCincinnati Children's Office of Academic Affairs and Career Development is committed to improving children's health. The Reimbursement Analyst III will be responsible for preparing Medicare/Medicaid cost reports, analyzing costs, ensuring compliance with regulations, and collaborating with cross-functional teams to support reimbursement processes.
Hospital & Health Care
Responsibilities
Cost Reporting- Prepare the Medicare/Medicaid Cost reports by developing supporting schedules. Develop supporting work papers in accordance with government cost reporting principles for management's review. Enter data into Medicare/Medicaid Cost Report Software. Progressive knowledge of Center for Medicare & Medicaid Services (CMS) cost reporting, DSH exam log files, IME/GME, Medicare Wage Index, Medicaid cost reporting and HCAP/Uncompensated Care. Responsible for 340B Trial Balance, registration, and recertification
Cost Accounting- Responsible for classifying new cost centers by analyzing whether the labor matches the revenue generated and if not revenue whether or not the expense should directly reclassified or indirectly allocated as overhead and which overhead category is appropriate. Develop and organize detailed work papers to support quarterly costing data. Recommend approaches for improvement activities, recommend and perform new processes, collect and measure data, develop processes based on performance and communicate results
Data Analysis- Strong working knowledge of the state & federal cost reporting requirements in order to extract compliant data using our existing business intelligence software. Compare data to prior year to identity large variances that need further analysis, explanation, and documentation
Compliance- Stay current with the latest CMS and State Medicaid regulations related to cost reporting, reimbursement, and payment methodologies. Understand and communicate the implication that changes to regulations will have on the institution and proactively work to support changes to comply with new regulations. Ability to model the regulatory changes to engage and educate leadership
Collaboration- Establish working relationships with cross-functional teams, such as IS, reimbursement/billing and hospital/clinical services to obtain data for cost reporting needs. Assist external parties (auditors, regulatory agencies) during audits including collaborating with other departments across the hospital to manage these requests. Provide reimbursement and regulatory updates to varying levels of leadership. Assist department leadership with training needs, review of work, and setting daily priorities
Qualification
Required
Bachelor's degree in a related field
7+ years of work experience in a related job discipline
4+ years of Medicare cost reporting experience
MS Excel, Access, and Business Intelligence experience
Familiar with CMS Medicare/Medicaid cost reports including various cost reporting worksheets included but not limited to Worksheet C, D, G, H, I and B-1 statistics
Preferred
Master's degree in a related field
CPA
Benefits
Medical coverage starting day one of employment. View employee benefits here.
Competitive retirement plans
Tuition reimbursement for continuing education
Expansive employee discount programs through our many community partners
Shift Differential, Weekend Differential, and Weekend Option Pay Programs for qualified positions
Support through Employee Resource Groups such as African American Professionals Advisory Council, Asian Cultural and Professional Group, EQUAL - LGBTQA Resource Group, Juntos - Hispanic/Latin Resource Group, Veterans and Military Family Advocacy Network, and Young Professionals (YP) Resource Group
Physical and mental health wellness programs
Relocation assistance available for qualified positions
Benefits may vary based on FTE Status and Position Type
Company
Cincinnati Children's Office of Academic Affairs and Career Development
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Cincinnati, Ohio, US
5001-10000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase