Manager Budget and Reimbursement

Hunterdon Health

• $95K — $115K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or Accounting required; Master's preferred.
  • 5 years of hospital reimbursement experience required; 7 years preferred.
  • Financial leadership and supervisory experience required.
  • Knowledge of Strata and Medicare Reimbursement methodologies essential.
  • Proficiency in Microsoft Office and Google Suite required; managed care knowledge preferred.

Responsibilities

  • Complete the Medicare cost report and analyze Medicare reimbursement for Hunterdon Healthcare System.
  • Oversee the Contract Management system and ensure efficiency.
  • Develop the annual operating and capital budgets for the organization.
  • Maintain and analyze Strata modules and their effectiveness.
  • Conduct modeling and data analysis for Hunterdon Healthcare programs.

Benefits

  • Medical, dental, and vision insurance options available.
  • Family forming assistance included in benefits package.
  • Paid time off to promote work-life balance.
  • Tuition reimbursement to support employee development.
  • Retirement savings plans to prepare for the future.
Full Job Description
Position Summary

This position is responsible for the coordination and implementation of all system entities' financial analysis. This includes Medicare reimbursement issues, analysis of third party payors, analysis of actual and budget revenues and expenses, and productivity. In addition to oversight of decision support including Strata.

Primary Position Responsibilities
  • Completion of the Medicare cost report and analysis of Medicare reimbursement for Hunterdon Healthcare System.
  • Responsible for oversight of the Contract Management system.
  • Responsible for the development of the annual operating and capital budgets for Hunterdon Healthcare System.
  • Responsible for the maintenance and ongoing analysis of the Strata modules.
  • Responsible for the modeling and data analysis for Hunterdon Healthcare programs.

Qualifications

Minimum Education:

Required: Bachelor's Degree in Finance / Accounting

Preferred: Master's Degree in Finance / Accounting / Business Administration

Minimum Years of Experience (Amount, Type and Variation):

Required: 5 years of hospital reimbursement experience, financial leadership and supervisory experience.

Preferred: 7 years of hospital reimbursement experience, financial leadership and supervisory experience.

License, Registry or Certification:

Required: None

Preferred: HFMA Certification

Knowledge, Skills and/or Abilities:

Required: Strata, Medicare Reimbursement methodologies, Microsoft Office, Google Suite

Preferred: Managed care and Insurance contracting

Leadership Skills:

Authentic: Is a leader who is visible and genuine; interacts and builds strong relationships at all levels of the organization.

Decisive: Makes timely decisions based on values, goals, facts, and good judgment; uses decision tools effectively and at appropriate times; shows a good sense of timing related to decision making.

Accountable: Sets goals and objectives for finance, holding his/her management team accountable and delegating the authority and responsibility for achieving objectives; personally accepts responsibility and accountability for actions and outcomes.

Collaborator: Builds partnerships and works collaboratively with others (individuals and organizations) to meet shared goals; has an uncompromising commitment to the value of staff involvement in decision-making and finding solutions to future challenges.

Results oriented: Consistently achieves desired results, even under challenging circumstances. Takes appropriate risks and innovates in order to advance the organization's goals and improve patient care and the patient experience.

Strong communication skills: Is a highly effective spokesperson. Possesses outstanding oral and written communication skills (including active listening) and has a direct, honest, and open style. Enjoys translating and teaching complex financial data to non-financial people.

Strong mentor: Able to function as a mentor/coach with a collaborative style. A person who can develop, and encourage staff to embrace change and improve the organization. A successful track record in hiring, developing, coaching and promoting staff.

Change agent: Creatively re-engineers and constructs new ways of doing things; future-oriented and, while understanding tradition, is capable of making changes sensitively but unwaveringly. Is genuinely excited by the opportunities of health and payment reform.

Hunterdon Health is committed to providing a competitive benefit package to our employees. Benefit offerings vary based on status and may include but not be limited to medical, dental, vision, family forming, paid time off, tuition reimbursement, and retirement savings.

The hiring range listed is the potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement. When determining an applicant's hourly rate and/or base salary, several factors may be considered as applicable (e.g., years of relevant experience, education, internal equity, and specialty).

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