Complete Medicare and Medicaid cost reports to obtain appropriate reimbursement from these programs and monitor hospitals’ compliance with the company’s reimbursement policies and procedures.
Prepare Medicare and Medicaid cost reports to obtain all amounts due from these programs.
Prepare accounting entries to record the cost reports.
Revise data elements used to compute contractual adjustments based on the latest annual cost report and
periodic interim cost reports.
Review hospital’s monthly contractual adjustment computations for accuracy and compliance with policies.
Periodically visit hospitals to assure that the hospital is complying with requirements for data collection for cost reporting and to keep updated on
operational changes and answer questions as need be.
Supply fiscal MAC auditors with data and support used to prepare cost reports and answer any questions regarding the cost reports.
Critically review proposed adjustments to cost reports and decide, along with the Director and Managing Director, which adjustments should be appealed.
Assist hospitals to prepare and review contractual adjustments budgets.
Prepare annual and final external audit workpapers. Communicate issues to both the reporting and division managers.
Serve as a resource on reimbursement matters to hospital personnel.
Assist in preparation of feasibility studies for new services.
Requires 5- 7 years’ relevant work experience
Medicare and Medicaid Cost Reporting experience required
Bachelor’s degree required