Reimbursement Specialist

Description

Penn Medicine is dedicated to its tripartite mission of providing the highest quality of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaborating with top clinical, technical, and business professionals across all disciplines. Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

About the Role

The Reimbursement Specialist will provide reimbursement and financial support to both corporate and hospital leadership in an efficient and customer-focused manner. The Specialist will report to the Reimbursement Manager. The major focus of this position will be on reimbursement filings and regulatory issues.

Accountabilities

• Provide technical and consultative support for entities and Corporate Services in all applicable facets of Reimbursement and Financial Planning in a professional manner.
• Develop and maintain a customer service-driven work environment within all areas of responsibility.
• Maintain Project Logs for all assigned projects.
• Perform special projects, as assigned.
• Ad Hoc Analyses and Information Review: request and collect data from appropriate sources. Review data received and forward to requesting party. Medicare, Medicaid, Champus, CRC, Regulatory Compliance, Required Cost Report and PIP Filings. Assist in the analysis of the impact of new State regulations. Assist with all aspects of the cost report related activities, including PIP filings, Wage Index submission and regulation interpretation. Assist in the completion of all necessary interim and final submissions relative to Penn Medicine Cost Reports. Assist with audit requests and the preparation of re-openings, as necessary.
• Graduate Medical Education Finance: Assist Graduate Medical Education Department in the development of resident FTE budgets. Assist department leadership and GME office with Resident billing analysis, including the VAMC and CHOP. Assist residency coordinator with resident financial issues when needed.
• Monthly Financial Statement Support: Prepare timely Medicare cash analysis. Support department leadership with analysis for month-end and year-end close.
• Staff Development: Mutually develop and implement learning and development plans for teaching regulatory changes to the analysts and others in the department.

Minimum Requirements

• Required Education and Experience: Bachelor's Degree in Accounting, Finance, or Business Administration is required. 3+ years of experience in third-party governmental reimbursement (including: compliance analysis, revenue budgeting and cost reporting activities from PIP establishment to final settlement) is required. 3+ years of experience with state/regulatory filings is required. Knowledge of the Medicare Cost Report is a plus!
• Licenses, Registrations, and Certifications: HFMA Certified Healthcare Finance Professional (CHFP) is preferred.