Reimbursement Analyst - Senior
Rochester Regional Health · Rochester, NY · 2 mo ago
Finance$70k–$90k/yrFull-time
Key Responsibilities
- Provide and maintain Hospital reimbursement expertise as it relates to Medicare, Blue Cross and Medicaid.
- Studies and comprehends reimbursement regulations and attends reimbursement seminars to maintain knowledge of reimbursement regulations and current issues.
- Trains and educates accounting department and other hospital employees in the technical aspects of reimbursement.
- Relates reimbursement knowledge to Hospital operations and makes recommendations on how to maximize reimbursement.
- Identifies appealable items which could enhance reimbursement.
- Prepares and submits appeals.
- Accurately prepares and submits on a timely basis the annual institutional cost report, physician questionnaire and other third party information requests in compliance with applicable instructions.
- Captures and responds to all audit inquiries and investigates all audit findings.
- Makes recommendations as to whether the third party audit findings are in compliance with reimbursement regulations.
- Accurately calculate and record hospital inpatient and outpatient revenues on a monthly basis.
- Accurately calculate net patient service revenue (inpatient and outpatient) on a monthly basis for inclusion in the monthly financial statements within 1% of total revenue.
- Maintains revenue files on computer system which enable calculation of revenue per DRG.
- Ensures rates used in issuing patient bills are the most recent certified and approved rates by regulatory agencies.
- Performs other duties as assigned.
Minimum Qualifications
- Bachelor's degree in Accounting or Business, with prior reimbursement experience or an equivalent combination of education and work experience.
- 3 to 5 years of prior reimbursement experience with demonstrated progressive levels of responsibility.
- Strong analytical, computer, and communication skills.