Cost Report Analyst

VCU Health; Richmond (VA); On-site; USD 59,000 - 88,000; Full time

Job summary

VCU Health is seeking a Cost Reporting Analyst to prepare preliminary portions of the Hospital’s Annual Medicare Cost Report and ensure compliance with state Indigent Care Cost Report requirements. The role includes handling audit requests and assisting with audits of Governmental Cost Reports.

The ideal candidate has a Bachelor’s Degree in Finance or Business Administration and at least three years in accounting or finance.

Qualifications

• Minimum of three (3) years of accounting, finance, business work experience.

Responsibilities

• Prepare and complete all aspects of the State required Indigent Care Cost Report.
• Handle all audit requests/inquiries related to the Indigent Care Cost Report.
• Assist with audits of Governmental Cost Reports.
• Data entry, document compilation, audit evidence gathering, and basic regulatory research.

Education

Bachelor's Degree in Finance, Business Administration or closely related field

Master's Degree in Finance, Business Administration or closely related field

Job description

The Cost Reporting Analyst prepares preliminary portions of the Hospital’s Annual Medicare Cost Report. This job prepares and completes all aspects of the State required Indigent Care Cost Report consistent with federal and state regulations. This job handles all audit requests/inquiries related to the Indigent Care Cost Report. This job also assists with any audits of the Governmental Cost Reports.

Licensure, Certification, or Registration Requirements for Hire: N/A Licensure, Certification, or Registration Requirements for continued employment: N/A Experience REQUIRED: Minimum of three (3) years of accounting, finance, business work experience Experience PREFERRED: Previous financial work experience in a healthcare setting with emphasis in cost reporting Education/training REQUIRED: Bachelors Degree in Finance, Business Administration or closely related field Education/training PREFERRED: Masters Degree in Finance, Business Administration or closely related field Independent action(s) required: Handles all audit requests/inquiries related to the Indigent Care Cost Report. Prepares and completes all aspects of the State required Indigent Care Cost Report. Supervisory responsibilities (if applicable): N/A Additional position requirements: N/A Age Specific groups served: N/A Physical Requirements (includes use of assistance devices as appropriate): Physical: Lifting less than 20 lbs. Activities: Prolonged sitting Mental/Sensory: Strong recall, Reasoning, Problem solving, Hearing, Speak clearly, Write legibly, Reading, Logical thinking Emotional: Able to handle multiple priorities, Able to adapt to frequent change

The Cost Reporting Analyst provides detailed, task oriented support to the Reimbursement/Cost Reporting team by performing routine, repetitive, and documentation heavy work necessary for cost report preparation and audit support. This role is focused on data entry, document compilation, audit evidence gathering, and basic regulatory research.

This position is ideal for an early career professional who is detail oriented, comfortable with repetitive tasks, and interested in learning healthcare reimbursement from the ground up.

This role serves as an entry point into cost reporting and healthcare reimbursement. While promotion is not guaranteed, strong performance may lead to expanded responsibilities or advancement opportunities based on organizational needs.

Compensation Range

$58,697.60 - $87,942.40

Actual salary offers will be based on several key factors to include relevant work experience, credentials, and qualifications.

EEO Employer/Disabled/Protected Veteran