Healthcare Cost Reporting & Rate Setting Lead

UMass Med School; Westborough (MA); On-site; USD 110,000 - 140,000; Full time

Job summary

UMass Medical School is seeking a Cost Reporting & Rate Setting Manager to oversee all cost reporting for state facilities and to calculate payment rates for health care services. The role supervises data analysts and consultants and supports CMS/state reports for multiple facilities.

The position entails collaboration with Medicaid, EOHHS, and state agencies, ensuring compliant reporting and effective rate strategies for community-based programs.

Qualifications

• Bachelor's degree in Finance, Business Administration or a related field.
• 7 years' experience in fiscal management, finance, public administration or health care; with at least two years of supervisory experience.
• Knowledge of accounting principles, budgeting and financial report preparation.
• Experience in financial management.
• Proven management abilities in a complex environment.
• Proven ability to prioritize and coordinate multiple tasks and meet deadlines.
• Intermediate Microsoft Excel and Microsoft Office skills.
• Ability to travel to off-site locations.

Responsibilities

• Management of cost reporting activities for state owned facilities and hospitals.
• Calculate and set payment rates for health care services.
• Prepare and submit Cost Allocation Plans as needed.
• Develop, implement and evaluate program goals and objectives.
• Hire, train, supervise and evaluate staff.
• Oversee workflow and priorities; produce performance reports.
• Ensure compliance with state and federal rules and regulations.
• Collaborate with Medicaid, EOHHs, and other agencies.

Skills

Financial management

Accounting principles

Budgeting

Excel

Office suite

Supervisory experience

Task prioritization

Travel readiness

Education

Bachelor's degree in Finance/Business

Master's degree (preferred)

Tools

MMARS

Cognos

Meditech

Job description

UMass Medical School is seeking a Cost Reporting & Rate Setting Manager to oversee all cost reporting for state facilities and to calculate payment rates for health care services. The role supervises data analysts and consultants and supports CMS/state reports for multiple facilities.

The position entails collaboration with Medicaid, EOHHS, and state agencies, ensuring compliant reporting and effective rate strategies for community-based programs.