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Posted : Saturday, November 25, 2023 04:05 PM
SENIOR REIMBURSEMENT ANALYST
Location: Lynchburg, VA, United States
Facility location: Centra Support Building
Date Posted: Mar 1, 2024
Job ID: 13782
Department: CH Finance
Shift: Days
Schedule: Full Time
Partnering with you to live your best life.
At Centra, we want to listen carefully and get to know you well.
We want to understand your hopes, goals and dreams.
We want to do our part so you can be your very best - as you define it.
This remains true whether you are a patient, a Centra Caregiver, or a member of the communities we serve.
As a candidate considering employment with our organization, we want you to understand that it is our mission to help partner with you throughout each stage of your career.
Job Description Overview The Senior Reimbursement Analyst will support monthly close processes by performing calculations for net patient revenues, net patient accounts receivable and third party settlements.
This position will inform Finance leadership on the status of accounts receivable reserves by analyzing and researching transactional and claims data.
Responsibilities Essential Duties and Responsibilities: Maintains monthly contractual estimate model ensuring cleared claims factors, case mix index, and case rates are updated and accurately reflected Assists with review and analysis of bad debt and charity activity of the organization Provides support for monthly AR modeling, review, and analysis Manages schedules, accruals, and periodic assessment payments for the Medicaid Upper Payment Limit program Develops reporting tools and provides analytic support for cost report preparation and other third party settlement account reviews Prepares monthly revenue reconciliations for all patient billing systems Facilitate quarterly audit sampling with patient accounting Collaborates with Finance Team on monthly closing, budget, tax returns, financial analysis and special projects Other Functions: Keeps abreast of changes in federal and state regulatory guidelines related to healthcare reimbursement May perform other duties as assigned Supervisory Responsibilities: This role will not supervise direct reports.
Travel Required Travel is expected to be between 0% and 5% of the time.
Work Environment: The noise level in the work environment is usually low to moderate.
The setting for this role will include office settings.
Exposure to controlled temperature environments, both hot and cold, is to be expected.
Workplace Exposure: The normal work routine involves no exposure to blood, body fluids or tissues.
Persons who perform these duties are not called upon as part of their employment to perform or assist in emergency medical care or first aid or to be potentially exposed in some other way.
Physical Demands: While performing the duties of this job, the employee is regularly required to communicate with others.
The employee is frequently required to stand, walk, sit, demonstrate hand and finger dexterity in the course of their work, handle or feel, and reach with hands and arms.
The employee is occasionally required to climb, balance, stoop, kneel, crouch or crawl.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities.
The expected physical workload is expected to be: Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.
Sedentary work involves sitting most of the time.
Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
This role is expected to use the following machines, tools, and equipment: Computers Qualifications Required Qualifications: Bachelor’s degree in Accounting or Finance Two to three years of experience in healthcare reimbursement Advanced proficiency with Microsoft Excel and accounting software Preferred Qualifications: Five or more years of experience in healthcare reimbursement Advanced knowledge of third party reimbursement Our care givers at Centra are the most valuable asset we have and it is our mission and commitment to build and sustain a diverse and inclusive environment.
When recruiting and retaining talent at Centra, our hiring needs are based on matching a candidates job qualifications with our job requirements and department needs without regard to race, color, age, religion or belief, national origin, disability status, protected veteran status, gender identity or expression, sexual orientation or any other characteristic protected by the laws or regulations in the locations where we operate.
Centra is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.
Be yourself.
Be a partner with Centra.
At Centra, we want to listen carefully and get to know you well.
We want to understand your hopes, goals and dreams.
We want to do our part so you can be your very best - as you define it.
This remains true whether you are a patient, a Centra Caregiver, or a member of the communities we serve.
As a candidate considering employment with our organization, we want you to understand that it is our mission to help partner with you throughout each stage of your career.
Job Description Overview The Senior Reimbursement Analyst will support monthly close processes by performing calculations for net patient revenues, net patient accounts receivable and third party settlements.
This position will inform Finance leadership on the status of accounts receivable reserves by analyzing and researching transactional and claims data.
Responsibilities Essential Duties and Responsibilities: Maintains monthly contractual estimate model ensuring cleared claims factors, case mix index, and case rates are updated and accurately reflected Assists with review and analysis of bad debt and charity activity of the organization Provides support for monthly AR modeling, review, and analysis Manages schedules, accruals, and periodic assessment payments for the Medicaid Upper Payment Limit program Develops reporting tools and provides analytic support for cost report preparation and other third party settlement account reviews Prepares monthly revenue reconciliations for all patient billing systems Facilitate quarterly audit sampling with patient accounting Collaborates with Finance Team on monthly closing, budget, tax returns, financial analysis and special projects Other Functions: Keeps abreast of changes in federal and state regulatory guidelines related to healthcare reimbursement May perform other duties as assigned Supervisory Responsibilities: This role will not supervise direct reports.
Travel Required Travel is expected to be between 0% and 5% of the time.
Work Environment: The noise level in the work environment is usually low to moderate.
The setting for this role will include office settings.
Exposure to controlled temperature environments, both hot and cold, is to be expected.
Workplace Exposure: The normal work routine involves no exposure to blood, body fluids or tissues.
Persons who perform these duties are not called upon as part of their employment to perform or assist in emergency medical care or first aid or to be potentially exposed in some other way.
Physical Demands: While performing the duties of this job, the employee is regularly required to communicate with others.
The employee is frequently required to stand, walk, sit, demonstrate hand and finger dexterity in the course of their work, handle or feel, and reach with hands and arms.
The employee is occasionally required to climb, balance, stoop, kneel, crouch or crawl.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities.
The expected physical workload is expected to be: Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.
Sedentary work involves sitting most of the time.
Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
This role is expected to use the following machines, tools, and equipment: Computers Qualifications Required Qualifications: Bachelor’s degree in Accounting or Finance Two to three years of experience in healthcare reimbursement Advanced proficiency with Microsoft Excel and accounting software Preferred Qualifications: Five or more years of experience in healthcare reimbursement Advanced knowledge of third party reimbursement Our care givers at Centra are the most valuable asset we have and it is our mission and commitment to build and sustain a diverse and inclusive environment.
When recruiting and retaining talent at Centra, our hiring needs are based on matching a candidates job qualifications with our job requirements and department needs without regard to race, color, age, religion or belief, national origin, disability status, protected veteran status, gender identity or expression, sexual orientation or any other characteristic protected by the laws or regulations in the locations where we operate.
Centra is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.
Be yourself.
Be a partner with Centra.
• Phone : NA
• Location : Lynchburg, VA
• Post ID: 9111703056
