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Audit & Reimbursement Sr

4 months ago

Smithfield, United States Elevance Health Full time

Audit & Reimbursement Senior

Location: This is a virtual position; the ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

National Government Services is a proud member of Elevance Health's family of brands. We administer government contracts for Medicare and partner with the Centers for Medicare and Medicaid Services to transform federal health programs.

The Audit and Reimbursement Senior will support our Medicare Administrative Contract (MAC) with the federal government (The Centers for Medicare and Medicaid Services (CMS) division of the Department of Health and Human Services). The Audit and Reimbursement Senior will support contractual workload involving complex Medicare cost reports and Medicare Part A reimbursement. This position provides a valuable opportunity to gain advanced experience in auditing and financial analysis within a growing healthcare industry. This position allows for educational opportunities leading to certifications and promotes a well-balanced lifestyle that includes professional networking opportunities.

How you will make an impact:

Primary duties may include, but are not limited to:

  • Evaluate the work performed by other associates to ensure accurate reimbursement to providers

  • Assist Audit and Reimbursement Leads and Managers in training, and development of other associates

  • Participates in special projects as assigned

  • Able to work independently on assignments and under minimal guidance from the manager

  • Prepare detailed work papers and present findings in accordance with Government Auditing Standards (GAS) and CMS requirements

  • Analyze and interpret data with recommendations based on judgment and experience

  • Must be able to perform all duties of lower level positions as directed by management

  • Participate in development and maintenance of Audit & Reimbursement standard operating procedures

  • Participate in workgroup initiatives to enhance quality, efficiency and training

  • Participate in all team meetings, staff meetings, and training sessions

  • Assist in mentoring less experienced associates as assigned

  • Prepare and perform supervisory review of cost report desk reviews and audits

  • Perform supervisory review of workload involving complex areas of Medicare part A reimbursement such as Medicare DSH, Bad Debts, Medical Education, Nursing and Allied Health, Organ Acquisition, Wage Index and all cost based principles

  • Prepare and perform supervisory review of cost report acceptance, interim rate reviews, tentative settlements and final settlements as assigned

  • Prepare and perform supervisory review of cost report reopenings


Minimum Qualifications:

  • Requires a BA/BS and a minimum of 8 years of audit/reimbursement or related Medicare experience; or any combination of education and experience which would provide an equivalent background.

  • This position is part of our NGS (National Government Services) division which, per CMS TDL 190275, requires foreign national applicants meet the residency requirement of living in the United States at least three of the past five years.


Preferred Skills, Capabilities and Experiences:

  • Accounting degree preferred.

  • Knowledge of CMS program regulations and cost report format preferred.

  • Knowledge of CMS computer systems and Microsoft Office Word and Excel strongly preferred.

  • Must obtain Continuing Education Training requirements.

  • MBA, CPA, CIA or CFE preferred.

  • Demonstrated leadership experience preferred.

  • A valid driver's license and the ability to travel may be required.


If this job is assigned to any Government Business Division entity, the applicant and incumbent fall under a 'sensitive position' work designation and may be subject to additional requirements beyond those associates outside Government Business Divisions. Requirements include but are not limited to more stringent and frequent background checks and/or government clearances, segregation of duties principles, role specific training, monitoring of daily job functions, and sensitive data handling instructions. Associates in these jobs must follow the specific policies, procedures, guidelines, etc. as stated by the Government Business Division in which they are employed.

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $73,520 to $132,336 annually.

Locations: California; Colorado; Hawaii; Nevada; New York; Washington State; Jersey City, NJ

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

  • The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.