Mercy Health

Regulatory and Reimbursement Coordinator

Mercy Health$76K — $117K *
US-AnywhereRemote in Illinois, US
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field; Master's degree preferred.
  • 5-10 years of relevant experience, including 4 years in healthcare finance.
  • In-depth knowledge of Medicare/Medicaid regulations and cost report preparation.
  • Experience in budgeting and accounting for patient revenue in healthcare settings.
  • Strong analytical skills with a focus on interpreting complex financial data.

Responsibilities

  • Coordinate compliance and reporting for Medicare and other governmental payment policies across the health system.
  • Analyze data requests and conduct research on Medicare and payer regulations.
  • Manage and support the annual Medicare/Medicaid cost report submissions for accurate reimbursements.
  • Collaborate with external auditors and consultants to provide necessary documentation under deadlines.
  • Assist departmental managers in budget preparation and addressing complex budget-related inquiries.
  • Prepare pro forma financial analyses for new or modified services.
  • Identify and recommend improvements for system financial performance.

Benefits

  • Medical, Dental, Vision coverage.
  • Life & Disability Insurance.
  • Flexible Spending Account (FSA) / Health Savings Account (HSA) options.
  • Generous, accruing paid time off.
  • Paid parental and caregiver leave.
  • Educational opportunities and career advancement support.
  • Tuition and certification reimbursement.
  • Well-being programs and employee discounts.
  • On-Demand Pay for immediate access to earned wages.
  • Financial education resources.
  • Annual recognition events and community service opportunities.
Full Job Description
OVERVIEW

Applies principles of accounting to analyze financial information. Strong experience with Medicare and Medicaid in a healthcare organization.

Schedule: Full-Time Salaried

Shift: Days, hours may vary based on need

Essential Duties and Responsibilities
  • Responsibility for coordination of Medicare and other governmental payment policies, compliance, and reporting for all hospital and clinic entities across the Mercy Health System.
  • This position will analyze internal and external data and information requests as well as perform research relative to Medicare and other governmental payer rules and regulations.
  • Manages and provides data support for the annual Medicare/Medicaid/BlueCross cost report submission to ensure accurate, timely, and proper reimbursements are received.
  • Works with external consultants and governmental auditors on a routine basis to provide supporting information. Also, works with outside consultants to complete accurate tax related documents. Often works under tight deadlines.
  • Works with other departmental staff and managers to prepare budgets for multiple entities and responds to questions from managers on budget issues and complex projects.
  • Prepares pro forma financial analyses of new or changed services within the system as needed.
  • Analyzes complex financial processes and recommends opportunities to improve system financial performance.
  • Performs other duties as assigned.


Education and Experience

Bachelor's degree in accounting from four-year college or university or master's degree in a related field.
Five to ten years of experience, four of which must be in health care finance.
Must have high level of Medicare experience that includes experiences in preparation of Medicare/Medicaid cost reports, accounting and budgeting of patient revenue, Medicare Medicaid regulations and the analysis, modeling and reporting of other third party payers.

Skills and Abilities
Computer experience
Strong accuracy
Excellent interpretive/analytical skills

Special Physical Demands

While performing the duties of this Job, the employee is regularly required to stand and talk or hear, may be for extended periods. The employee is frequently required to walk; use hands to finger, handle, or feel and reach with hands and arms. Ability to use computer, keyboard, and other office equipment. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.

Level of Supervision

Some independent judgment is required, but alternatives are limited by standard practices or procedures.

PAY RANGE:

$76,061.05 - $117,894.62

Mercyhealth offers competitive pay and a comprehensive benefits package including:

  • Medical, Dental, Vision
  • Life & Disability Insurance
  • FSA/HSA Options
  • Generous, accruing paid time off
  • Paid Parental and caregiver leave
  • Career advancement and educational opportunities
  • Tuition and certification reimbursement
  • Certification Reimbursement
  • Well-being Programs
  • Employee Discounts
  • On-Demand Pay
  • Financial Education
  • Annual recognition/awards events
  • Partner appreciation days
  • Family entertainment/attractions discount
  • Community service/improvement opportunities


Click here for more details regarding Mercyhealth Careers Benefit Information.

About Mercy Health

Mercy Health is a Catholic healthcare ministry serving Ohio and Kentucky. They offer a wide range of healthcare services, including primary care, specialty care, and hospital care. Mercy Health operates over 250 healthcare facilities, including hospitals, clinics, and outpatient centers. Their mission is to provide compassionate, quality healthcare to all who need it, regardless of their ability to pay.
Learn more about Mercy Health
Size
45,000 employees
Industry
Founded
1985

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