Analytical Financial Analyst - Healthcare Reimbursement
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Job Details
Join a dynamic healthcare finance team as an Analytical Financial Analyst specializing in reimbursement services. This full-time, day-shift role supports the development, administration, and monitoring of reimbursement strategies and ensures compliance with evolving regulatory requirements.
Key Responsibilities
- Assist with reimbursement functions across multiple healthcare entities, including Medicare, Medicaid, and Tricare programs.
- Support preparation of annual Medicare and Medicaid cost reports by coordinating program logs, financial and statistical data, and physician time studies.
- Help manage periodic rate changes initiated by fiscal intermediaries and regulatory agencies.
- Review and interpret changes in government reimbursement regulations to maintain compliance.
- Develop and improve record-keeping procedures in response to new reimbursement regulations or payment methods.
- Assist with audits, reviews, and certifications conducted by fiscal intermediaries and independent auditors.
- Analyze and coordinate changes according to healthcare government regulations and intermediary bulletins.
- Support reserve analysis to measure adequacy of Medicare/Medicaid reserves for assigned hospitals.
- Contribute to special projects such as feasibility studies, financial analyses, contract negotiations, and operational reviews.
- Perform other related duties as assigned.
Education
An associate degree in Accounting, Finance, or a related field is required.
Experience
Minimum of three years in a hospital reimbursement environment or with a Medicare Administrative Contractor (MAC). Experience with multi-facility billing and financial reporting is preferred.
Skills and Requirements
- Proficiency with Cost Report software, preferably HFS.
- Advanced skills in spreadsheets, including pivot tables, filters, and lookup functions.
- Strong computer literacy with Windows, Excel, and Word.
- Ability to manage diverse tasks under firm deadlines without sacrificing accuracy.
- Effective communication skills to interact with various management levels.
- Physical ability to read reports and operate computer terminals; mobility to meet with management across service areas.
Audit and Technical Competencies
- Maintain policies and procedures for regulatory compliance.
- Organize and maintain a central repository of healthcare regulations and bulletins.
- Develop and update system-wide procedures to ensure timely and accurate processing of government changes.
- Communicate with external consultants and intermediaries for regulatory interpretations.
- Provide education and training on federal guidelines and regulatory changes.
This position serves a diverse healthcare network in a southeastern regional area of the United States, offering an opportunity to impact healthcare finance across multiple facilities and services.
