Reimbursement Analyst
Beth Israel Lahey Health · Boston, Massachusetts, United States · 2 wk ago
Sales$55k/yrFull-time
Job Description
- Assist in the preparation of Medicare and Medicaid cost reports (e.g., HCRIS submissions, supporting schedules)
- Compile and validate data used in cost reports, including statistics, trial balance mapping, and adjustments
- Support audit requests and documentation for Medicare Administrative Contractors (MACs)
- Maintain working knowledge of CMS reimbursement rules and regulatory changes
- Support monthly and quarterly net patient service revenue (NPSR) analysis
- Affort variance analysis (actual vs. budget vs. prior year) across payers and service lines
- Prepare schedules supporting reserve calculations, settlements, and third-party estimates
- Analyze reimbursement trends and identify potential risks or opportunities
- Extract and reconcile data from systems such as Epic, Crowe RCA, and decision support tools
- Prepare recurring reports and dashboards for leadership
- Ensure accuracy and consistency of reimbursement-related data across systems
- Assist in standardizing reporting processes and documentation
- Support initiatives to improve efficiency in cost reporting and net revenue workflows
- Participate in special projects (e.g., reimbursement modeling, regulatory impact analysis)
Minimum Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Healthcare Administration, or related field
- Experience: 0–2 years of experience in healthcare Finance, Accounting, or analytics
- Skills, Knowledge & Abilities:
- Intermediate proficiency in Microsoft Excel (pivot tables, formulas, data analysis)
- Attention to detail with ability to manage large datasets
- Strong communication skills with ability to translate data into insights
- Ability to manage multiple priorities in a deadline-driven environment
Preferred Qualifications & Skills
- Exposure to healthcare reimbursement concepts (Medicare, Medicaid, DRGs, APCs)
- Familiarity with cost report software (e.g., HFS)
- Experience with healthcare financial systems (e.g., Epic, Strata, Axiom)
- Basic understanding of net revenue modeling and reserve methodologies
Pay Range
$55,000.00 USD – $70,000.00 USD