Financial Specialist, Cost Reporting

WakeMed Health & Hospitals; Raleigh (NC); On-site; USD 70,000 - 100,000; Full time

Job summary

WakeMed Health & Hospitals seeks a Lead Cost Report professional to prepare annual Medicare/Medicaid Cost Reports and provide periodic estimates for third-party reserves. You will collaborate with the Reimbursement Manager to ensure timely submissions and coordinate with auditors on various cost report audits.

Involved in reviewing and submitting the uncompensated care survey to the state of North Carolina, supporting data collection as required by external vendors.

Qualifications

• Lead preparation of Medicare/Medicaid Cost Reports.
• Coordinate with Reimbursement Manager and external auditors.
• Review and submit uncompensated care survey to the state.

Responsibilities

• Prepare annual Medicare/Medicaid Cost Reports.
• Provide monthly/quarterly estimates for third-party cost report reserves.
• Support intermediary audits including wage index and occupational mix audits.
• Assist in data collection as required by outside vendors.

Skills

Cost reporting

Auditing support

Financial analysis

Education

Bachelor's degree in Accounting or Business Administration

Job description

Overview

Serves as the Lead Cost Report position in preparing the annual Medicare/ Medicaid Cost Reports and providing periodic (monthly/quarterly) estimates of third-party cost report reserves. Works closely with the Reimbursement Manager to ensure the timeliness of cost report submission, intermediary audits, including cost report audits, wage index audits, and occupational mix audits, and data collections as required by outside vendors. The Financial Specialist is also involved in the review and submission of the annual uncompensated care survey to the state of North Carolina.

Department Description

Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.

EOE

Licensure

Not Applicable

Education

Bachelor's Degree Accounting Required - Or Bachelor's Degree Business Administration Required

Experience

5 Years Accounting/Finance - Reimbursement Required