MS REIMBURSEMENT ANALYST, SENIOR
Job Requirements
Company Description
The University of Maryland Medical System (UMMS) is an academic private health system, focused on delivering compassionate, high quality care and putting discovery and innovation into practice at the bedside. Partnering with the University of Maryland School of Medicine, University of Maryland School of Nursing and University of Maryland, Baltimore who educate the states future health care professionals, UMMS is an integrated network of care, delivering 25 percent of all hospital care in urban, suburban and rural communities across the state of Maryland. UMMS puts academic medicine within reach through primary and specialty care delivered at 11 hospitals, including the flagship University of Maryland Medical Center, the Systems anchor institution in downtown Baltimore, as well as through a network of University of Maryland Urgent Care centers and more than 150 other locations in 13 counties. For more information, visit www.umms.org.
Job Description
I. General Summary - Under limited supervision develops, analyzes, reports and interprets complex financial information to assist management in evaluating and executing the organizations business plans in compliance with the Health Services Cost Review Commission (HSCRC) and Center for Medicare and Medicaid Services (CMS) regulations for multiple facilities. Assists with training Reimbursement Analyst and overseeing routine and special projects
II. Principal Responsibilities and Tasks The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified. - Using knowledge of the Health Services Cost Review Commissions (HSCRC) reimbursement policies and regulations, completes financial and statistical modeling to produce required monthly, quarterly and annual reports ensuring all possible reimbursement opportunities are captured. Reports include: Annual Filing, Wage & Salary Survey, Community Benefit Report and Residents & Interns Survey.
- Prepares all required supporting schedules in accordance with the Center for Medicare and Medicaid Services (CMS) to complete the Medicare Cost Report for assigned facilities.
- Prepares routine internal reports for management review to ensure accurate revenue booking and compliance are achieved for assigned facilities. These reports include but are not limited to Volume & Price Report, Unit Rate Compliance Report, 8th and 10th Day Month-End Close Reports
Qualifications
III. Education and Experience - Bachelors degree in Economics, Accounting or a related field with principals or practices in analysis and financial reporting.
- Four years progressively responsible financial planning, financial analysis, budgeting, managed care or accounting experience, or the educational equivalent. Advanced degree in Economics, Accounting, Finance, Health Policy or a related field may be substituted for years of experience.
- Two year of HSCRC report preparation including but not limited to Annual Report of Revenue, Expenses and Volumes; Wage & Salary Survey; and monthly HSCRC compliance reporting.
IV. Knowledge, Skills and Abilities - Proficient knowledge of HSCRC policies, methodologies, and reporting requirements. Experience with Medicare Cost reporting. Acute care auditing/consulting may be substituted for HSCRC report preparation.
- Ability to build expertise by studying HSCRC regulations and policies. Attends and participates in internal trainings and other professional educational programs as it relates to CMS and HSCRC policy.
- Demonstrates ability to apply knowledge of Medicare and HSCRC regulations to train, interpret, and present information to internal and external customers.
- Ability to judge the level of confidentiality of information / activities involved in job and exhibit integrity in use of dissemination of such information.
Additional Information
All your information will be kept confidential according to EEO guidelines. Compensation: Like many employers, UMMS is being targeted by cybercriminals impersonating our recruiters and offering fake job opportunities. We will never ask for banking details, personal identification, or payment via email or text. If you suspect fraud, please contact us at careers@umms.edu.
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