McLeod Health

Senior Reimbursement Analyst

McLeod Health

full-time

Posted on:

Origin:  • 🇺🇸 United States • South Carolina

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Job Level

Senior

Tech Stack

Invision

About the role

  • Maintain a professional image and exhibit excellent customer service to patients, visitors, physicians, and co-workers.
  • Assist in the preparation of the Medicare & Medicaid cost reports for all McLeod entities including hospitals, home office, rural health clinics, home health, hospice and other facilities as required.
  • Research and interpret regulations for proper compliance; develop and maintain all documentation required to prepare accurate, timely cost reports.
  • Prepare work-papers and identify opportunities to improve cost report accuracy and enhance the efficiency and effectiveness of the hospital reimbursement function.
  • Assist with the preparation of the SC annual DSH submission and proper 3rd party reserve reporting.
  • Prepare and complete the Medicare Bad Debt Log and Medicare DSH Log working with consultants and/or third-party platforms.
  • Prepare Medicare wage index information including wages, wage related costs, contract labor and other purchased services.
  • Assist the Manager of Reimbursement with square footage/site reviews utilizing AerieHub software.
  • Assist with financial compilation and preparation of schedules/analysis required by the annual financial audit.
  • Build and maintain relationships with revenue cycle key contacts, 3rd party vendors and CMS/MAC representatives.
  • Prepare A/R reserve and third party liability balance sheet reconciliation schedules to support audit balances.
  • Respond to Medicare and Medicaid cost report audits under the direction of the Manager of Reimbursement.
  • Provide assistance to Hospital Administrators and other parties on Medicare and Medicaid enrollment/licensing requirements, census data and other statistics.
  • Responsible for monthly close via the Crowe Revenue Cycle Analytics (RCA) software including maintaining rates, hindsight’s, ZBA’s and reserve calculations.
  • Use Lawson general ledger platform for running reports, entering journal entries and monitoring account balances.
  • Assist in the preparation of the annual revenue budget using the Kaufman Hall Axiom EPM platform.
  • Assist the Administrator of the McLeod GME program with schedules/reports for the annual supplemental teaching program filing.
  • Serve as a resource/trainer for the Reimbursement Analyst and perform other duties as requested by the Director of Reimbursement.
  • Demonstrate commitment to service, confidentiality, safety standards, teamwork, and exceptional customer service.

Requirements

  • Government reimbursement audit experience and/or cost report consulting experience required.
  • Experience relating to 3rd party reserves, audit discrepancies, and regulatory filings.
  • Knowledge of Medicare/Medicaid laws and regulations; experience in cost report preparation, preferably in an acute care teaching environment.
  • Knowledgeable in pulling large amounts of data via information systems technology found within revenue cycle and finance.
  • Candidate should be savvy at Medicare and Medicaid cost reporting software.
  • Experience with Hospital A/R billing platforms such as Invision, Cerner, EPIC and Crowe RCA.
  • Experience with the Kaufman Hall Axiom EPM platform utilized for the annual budget.
  • Strong Microsoft Excel knowledge and ability to manage complex data base functionality.
  • Ability to juggle multiple assignments with multiple deadlines concurrently.
  • Minimum of a Bachelors degree in finance, accounting or related from an accredited school.
  • Work Schedule: 80 hours bi-weekly.
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