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Medicare / Medicaid Cost Report Analyst
$85000-955000
Employment Type:
Full Time
Job ID:
7206
Job Description
Our client, a prominent healthcare system known for its innovative approach to patient care and operational excellence, is hiring a Medicare / Medicaid Cost Report Analyst. This critical role within the Decision Support, Strategy & Value Improvement Team involves delivering analytical insights to drive financial performance and strategic initiatives across the hospital. The position offers an opportunity to work in a dynamic environment, contributing directly to the organization's financial health and operational efficiency.
Responsibilities:
- Prepare and file the NYS Institutional Cost Report (NYSICR) and Medicare 2552 cost reports, including exhibits on expenses, revenues, reclassifications, recoveries, and statistical allocations.
- Ensure timely and accurate submission of monthly NYS DOH pool reports and assist with regulatory surveys and reports.
- Support the submission of Medicare and Medicaid provider enrollment documentation in compliance with CMS and state regulations.
- Analyze third-party rate accounts and payer contracts; assist with monthly Medicare revenue accrual calculations by updating systems with relevant data.
- Reconcile cash receipts detailed in treasury reports and support quarterly physician time studies.
- Participate in internal and external audits, providing necessary documentation while maintaining confidentiality.
- Develop and execute analytical frameworks for complex data sets; proactively communicate issues and suggest process improvements.
- Take initiative to improve data integrity, streamline processes, and propose innovative solutions to operational challenges.
Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration, Mathematics, or Management Information Systems.
- Minimum of 3–5 years of experience in healthcare finance, not-for-profit accounting, or related fields.
- Strong technical skills including proficiency in Microsoft Excel (pivot tables, VLOOKUPs, advanced formulas), Access, and familiarity with SQL and data transformation tools such as Tableau, Data Bricks, Alteryx.
- Demonstrated ability to manage deadlines and work efficiently under pressure.
- Solid understanding of healthcare industry financial operations and cost reporting processes.
- Preferred: Master’s degree or CPA, experience with hospital reimbursement, decision support systems, Business Intelligence tools (Tableau, Power BI), and extensive data manipulation experience.
Some of the Benefits:
- Competitive health, dental, and vision insurance plans.
- Retirement savings options with employer matching contributions.
- Opportunities for professional growth and continuing education.
- Supportive work environment emphasizing teamwork and innovation.
- Generous paid time off and flexible scheduling.
Salary: The posted range is not a guarantee. The actual salary will be based on qualifications, experience, and education and could fall outside of this range. Contact us for more information.
#LI-FP1
Meet Your Recruiter
Fran Philips
Vice President, Healthcare Recruitment
Fran is a seasoned recruiter who joined Tal in 2008, after a long career in medical billing for multi-specialty practices including dermatology, dental, and ophthalmology.
Learn more about Fran, Tal Healthcare Employee Biography
Related Jobs
Medicare / Medicaid Cost Report Analyst
Job Description
Our client, a prominent healthcare system known for its innovative approach to patient care and operational excellence, is hiring a Medicare / Medicaid Cost Report Analyst. This critical role within the Decision Support, Strategy & Value Improvement Team involves delivering analytical insights to drive financial performance and strategic initiatives across the hospital. The position offers an opportunity to work in a dynamic environment, contributing directly to the organization's financial health and operational efficiency.
Responsibilities:
- Prepare and file the NYS Institutional Cost Report (NYSICR) and Medicare 2552 cost reports, including exhibits on expenses, revenues, reclassifications, recoveries, and statistical allocations.
- Ensure timely and accurate submission of monthly NYS DOH pool reports and assist with regulatory surveys and reports.
- Support the submission of Medicare and Medicaid provider enrollment documentation in compliance with CMS and state regulations.
- Analyze third-party rate accounts and payer contracts; assist with monthly Medicare revenue accrual calculations by updating systems with relevant data.
- Reconcile cash receipts detailed in treasury reports and support quarterly physician time studies.
- Participate in internal and external audits, providing necessary documentation while maintaining confidentiality.
- Develop and execute analytical frameworks for complex data sets; proactively communicate issues and suggest process improvements.
- Take initiative to improve data integrity, streamline processes, and propose innovative solutions to operational challenges.
Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration, Mathematics, or Management Information Systems.
- Minimum of 3–5 years of experience in healthcare finance, not-for-profit accounting, or related fields.
- Strong technical skills including proficiency in Microsoft Excel (pivot tables, VLOOKUPs, advanced formulas), Access, and familiarity with SQL and data transformation tools such as Tableau, Data Bricks, Alteryx.
- Demonstrated ability to manage deadlines and work efficiently under pressure.
- Solid understanding of healthcare industry financial operations and cost reporting processes.
- Preferred: Master’s degree or CPA, experience with hospital reimbursement, decision support systems, Business Intelligence tools (Tableau, Power BI), and extensive data manipulation experience.
Some of the Benefits:
- Competitive health, dental, and vision insurance plans.
- Retirement savings options with employer matching contributions.
- Opportunities for professional growth and continuing education.
- Supportive work environment emphasizing teamwork and innovation.
- Generous paid time off and flexible scheduling.
Salary: The posted range is not a guarantee. The actual salary will be based on qualifications, experience, and education and could fall outside of this range. Contact us for more information.
#LI-FP1
Meet Your Recruiter
Vice President, Healthcare Recruitment
Fran is a seasoned recruiter who joined Tal in 2008, after a long career in medical billing for multi-specialty practices including dermatology, dental, and ophthalmology.
Learn more about Fran, Tal Healthcare Employee Biography