ABOUT NCH
NCH is an independent, locally governed non-profit delivering premier comprehensive care. Our healthcare system is comprised of two hospitals, an alliance of 700+ physicians, and medical facilities in dozens of locations throughout Southwest Florida that offer nationally recognized, quality health care.
NCH is transforming into an Advanced Community Healthcare System(TM) and we’re proud to: Provide higher acuity care and Centers of Excellence; Offer Graduate Medical Education and fellowships; Have endowed chairs; Conduct research and participate in national clinical trials; and partner with other health market leaders, like Hospital for Special Surgery, Encompass, and ProScan.
Join our mission to help everyone live a longer, happier, healthier life. We are committed to care and believe there's always more at NCH - for you and every person we serve together. Visit nchjobs.org to learn more.
JOB SUMMARY
The Financial Analyst Revenue & Reimbursement, under the supervision of the Senior Director Reimbursement Revenue, has the primary purpose to support and perform analysis of financial data related to reimbursement, net revenue, Medicare Cost Reporting, and other regulatory reporting. This position requires ability to interpret and apply Federal and State rules and regulations, excellent analytical, financial, and accounting skills, excellent interpersonal and communication skills and the ability to function under pressure due to time constraints and audits.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Other duties may be assigned.
· Compiles and analyzes data from various internal/external databases and provides information to management in support of decision making. Consolidates and summarizes transaction data to support analytical reporting and trend analysis.
· Supports preparation and detail analytics associated with Medicare reimbursement including:
o preparation of the annual cost reports and the supporting documentation
o preparation and analysis of Wage Index, Occupational Mix, and Contract Labor
o DSH, Bad Debt Logs and Uncompensated Care compilation for S-10
o GME, PS&R, space and other analysis as required.
· Provides supporting documentation to support the hospital’s position at audit, reviews audit adjustments and intermediary workpapers and assists in impact analysis of audit results.
· Supports annual and month end financial close process including compiling support for audits when necessary.
· Assists with analytics in support of budgeting and forecasting net revenues, third party reimbursement and annual price updates.
EDUCATION, EXPERIENCE AND QUALIFICATIONS
· Minimum of bachelor’s degree in Finance, Business or Healthcare Administration with 3 years of experience in reimbursement, contracting or data analytics in a large healthcare organization, Medicare intermediary, or third-party payor required.
OR
Minimum of master’s degree with 1 year experience in reimbursement, contracting or data analytics in a large healthcare organization, Medicare intermediary, or third-party payor required.
· Intermediate computer knowledge: Uses Microsoft Word, Excel, Outlook, and Windows.
· Familiarity with charge description master, ICD CM and coding.
· Experience with patient care level data analysis and reporting.
