Medicare & Medicaid Cost Report Analyst

University of Mississippi Medical Center; Jackson (MS); On-site; USD 52,000 - 76,000; Full time

Job summary

University of Mississippi Medical Center is seeking a Government Reimbursement Analyst to prepare cost reports for Medicare/Medicaid/Tricare, perform financial analyses, and generate month-end journal entries for multiple hospitals and Rural Health Clinics.

The role reports to the Manager of Reimbursement and requires a degree plus 1 year of relevant experience in financial analysis or healthcare compliance. Strong Office and data skills are essential.

Qualifications

• Degree (Associate's or Bachelor's) and one (1) year of financial analysis, healthcare compliance, or revenue experience required.

Responsibilities

• Compile financial and statistical data necessary to prepare the annual Medicare, Medicaid cost reports, and Tricare cost reports for all hospital facilities and Rural Health Clinics.
• Monitor and assist the Transplant billing team with proper routing of organ acquisition charge capture for the Medicare cost report.
• Assists with compilation of data for annual Medicaid disproportionate share hospital surveys and audits.
• Prepare monthly journal entries necessary to ensure reimbursement estimates, and settlement activities are properly accrued and reported.
• Coordinate and maintain the physician time study database to ensure participation compliance as well as updates for terminations and additions.
• Assist reimbursement auditors in the accumulation of information requested as part of cost report audits/reviews. Prepare necessary documentation to support filings with Medicare and Medicaid.
• Compile and submit annual wage index reviews and occupational mix reviews as directed by CMS.
• Keep abreast of cost report standards to ensure compliance with directives issued by CMS. Enhance professional growth and development through CMS bulletins, conferences and seminars.
• The duties listed are general in nature and are examples of the duties and responsibilities performed and are not meant to be construed as exclusive or all-inclusive. Management retains the right to add or change duties at any time.

Skills

Analytical skills

Communication skills

Organizational skills

Financial analysis

Education

Associate's or Bachelor's degree

Tools

Microsoft Office

Database software

Job description

University of Mississippi Medical Center is seeking a Government Reimbursement Analyst to prepare cost reports for Medicare/Medicaid/Tricare, perform financial analyses, and generate month-end journal entries for multiple hospitals and Rural Health Clinics.

The role reports to the Manager of Reimbursement and requires a degree plus 1 year of relevant experience in financial analysis or healthcare compliance. Strong Office and data skills are essential.