Employment Type:Full time
Shift:Day Shift
Description:As a Senior Reimbursement Analyst you know, understand, incorporate and demonstrate the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions.
Responsibilities include, but are not limited to, accessing databases, and utilizing reporting tools to extract data, generate reports, perform data analysis, and draft system/process improvement recommendations.
- Conduct prospective analysis of the potential financial impact on the member organizations of major changes in Medicare and Medicaid policies. Assist in related advocacy efforts regarding such regulatory changes.
- Monitors policies and procedures to ensure reimbursement practices adhere to federal, state and other third-party reimbursement regulations.
- Prepares Annual Medicare, Medicaid, Blue Cross and Tricare cost reporting for the Trinity Health Corporate Office and Trinity Information Systems.
- Prepares quarterly Medicaid reporting schedules.
- Prepares Rolling Forecasts and Annual Budgets.
- Participates in the Medicare, Medicaid and Blue Cross audits of Trinity Health Corporate Office, Trinity Information Systems, and the various insurance programs with focus on Graduate Medical Education, Disproportionate Share, Bad Debt and the S-10.
- Analyzes tentative and final settlements. Coordinates, researches and analyzes prior year reopening and appeals.
- Prepares financial month end close reporting for Net Revenue.
- Prepares analyses and interprets highly complex reimbursement issues. Prepares complex financial models and analyses to assure proper reimbursement.
- Participates in third-party payer preparing impact analysis and recommendations.
- Participates in developing and monitoring appeals with third party payers.
- Provides analytical reimbursement support, consulting, and education to the corporate office and member organizations.
- Reviews and analyzes member organization third party reserves and net revenue/contractual calculations.
- Conducts analysis related to revenue improvement initiatives.
- Prepares project analysis regarding operational issues, new programs, service lines, expansions, etc.
- Serves as a subject matter expert and resource by providing guidance and problem resolution to internal associates on matters impacting projects and day-to-day assignments.
- Maintains a working knowledge of applicable Federal, State and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.
- Performs other duties as assigned.
MINIMUM QUALIFICATIONS
- Bachelor's degree in Business Administration, Finance, Accounting, Informatics or related field or an equivalent combination of education and related experience.
- Five (5) to seven (7) years of progressively responsible operational or consulting experience in revenue management (e.g., reimbursement, cost reporting, forecasting, decision support, health information management).
- Some knowledge and experience of the healthcare industry or hospital financial operations.
- Advanced proficiency with Microsoft product suite (MS Word, Excel, Power Point), financial systems/software, relational database management and business intelligence reporting tools. Ability to utilize PC-based financial tools (i.e., spreadsheets, databases, graphics, etc.).
- Must possess a high degree of analytical, quantitative, evaluative and problem-solving skills.
- Considerable knowledge and experience supporting and developing reporting and analytics for research, process improvement support and specific revenue management function. Ability to develop appropriate methods to collect, analyze and report data.
Must possess a personal presence that is characterized by a sense of honesty, Integrity, and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals, and values of Trinity Health.
