Remote Reimbursement Analyst – Healthcare Finance & Strategy

Remote Jobs; Sioux Falls (SD); Remote; USD 33,000 - 53,000; Full time

Job summary

Sanford Health is seeking a Reimbursement Analyst to provide analytical and reimbursement support across operating segments. The role involves analyzing and implementing payment methodologies to optimize reimbursement, and supporting Medicare, Medicaid, and other third-party programs with audits, cost reports, and contract changes.

The position offers remote work flexibility with exposure to senior leadership, cross-functional teams, and opportunities to shape payment models that improve

Qualifications

• Bachelor degree required in business administration, finance, healthcare management, information technology (IT) or related field.
• Minimum two years of related work experience, preferably in hospital, clinic or insurance finance and/or managed care reimbursement.
• Demonstrated knowledge and experience in health care reimbursement related to claim editing, groupers, provider reimbursement and methodologies (MS/APR DRG; APC, EAPG, CPT/HCPCS) industry standard coding and payment rules.
• Minimum one year of related work experience, preferably in hospital, clinic or insurance finance and/or managed care reimbursement.

Responsibilities

• Assists in analyzing and implementing new payment methodologies in order to establish optimal reimbursement and payment levels.
• Participates in the implementations and monitoring of reimbursement functions, which includes Medicare, Medicaid or other third party cost reports, related audits, appeals, disproportionate share hospital (DSH) programs, drug discount programs (340B) and CPT/HCPCS code changes.
• Prepares the impact analysis of payor proposed and final Medicare and Medicaid regulation changes.
• Assists with the impact analysis of payor contract changes during negotiations and finalizations of contracts.
• Prepares third party payor contracts in Experian and Contract Maintenance (i.e. hospital and clinic payment integrity tools).
• Researches third party payor issues.
• Supports the annual pricing and fee schedule updates, including impacts on physician compensation.
• Assists in the annual budgeting and audit processes such as monthly discounts, year-end discounts and third party reserves.
• Provides on-going support of operations and CDM team in maintaining chargemasters, particularly as it relates to setting up new codes and establishing prices.
• Assists in on-going pricing initiatives across the enterprise.
• Produces reports, analyzes and integrates data alongside completing other projects accurately and efficiently.
• Possesses strong attention to detail.
• Promotes integrity and confidentiality of data when sharing with others.
• Prepares data in a useful and understandable format.
• Accepts and responds to questions and challenges regarding information provided.
• Supports relationships with finance and accounting staff across the enterprise.

Education

Bachelor degree in business administration, finance, healthcare management, information technology (IT) or related field

Job description

Sanford Health is seeking a Reimbursement Analyst to provide analytical and reimbursement support across operating segments. The role involves analyzing and implementing payment methodologies to optimize reimbursement, and supporting Medicare, Medicaid, and other third-party programs with audits, cost reports, and contract changes.

The position offers remote work flexibility with exposure to senior leadership, cross-functional teams, and opportunities to shape payment models that improve