Hartford HealthCareposted 2 months ago
Full-time • Mid Level
Farmington, CT
Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

The Reimbursement Financial Analyst is responsible for preparation, filing and audit/settlement activity of the annual Medicare and Tricare cost reports. The position assists in the annual state OHS filings and the preparation of any reopening and appeal papers for Hartford Healthcare. Additionally, this position collaborates with management in the reimbursement regulatory, operational, and financial impacts of proposed operational decisions.

Responsibilities

  • Responsible for the preparation of supporting work papers and filing of the annual Medicare and Tricare Cost Reports; ensuring strict compliance with all regulations, policies, procedures and guidelines.
  • Acts as point person for cost report, wage index and other related audits, providing supporting documentation, reviewing adjustments and responding to audit findings in a timely and efficient manner.
  • Assists in the preparation and submission of State OHS annual filings, including Facility Fee reporting.
  • Responsible for quarterly Third Party - Government Reserve analysis.
  • Maintain a working knowledge of current laws and regulations of the Federal Medicare and State Medicaid programs, including changes affecting hospital reimbursement of Medicare bad debt, graduate medical education, disproportionate share hospital adjustment, and uncompensated care payments.
  • Work as an effective team member to complete other reimbursement projects as assigned.

Requirements

  • Minimum: Bachelor's degree in accounting, Finance, Business Administration, Hospital Administration or a closely related field.
  • Minimum: 3 years of financial analysis experience.

Nice-to-haves

  • Preferred: Knowledge of general principles and practices of financial management in the health care field, including both expense and reimbursement requirements preferred.
  • Preferred: Knowledge of Healthcare finance.

Benefits

  • Competitive benefits program designed to ensure work/life balance.

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