Medicare Financial Reporting Specialist

2 weeks ago


Modesto, California, United States American Advanced Management Full time
Job Overview

Salary Range: $24-32

POSITION SUMMARY

The Medicare Financial Reporting Specialist will play a crucial role in the preparation and oversight of Medicare and Medi-Cal financial reports required by healthcare entities engaged in these programs. This position will collaborate closely with the Controller and Chief Financial Officer to ensure that financial reports for various Med-Surg Hospitals, LTAC Hospitals, CAHs, and Rural Health Clinics adhere to the regulations set forth by the Centers for Medicare & Medicaid Services (CMS).

POSITION QUALIFICATIONS

  • Bachelor's degree in finance, accounting, or healthcare administration.
  • Experience in healthcare finance, particularly in the preparation of cost reports and Medicare reimbursement processes.
  • Familiarity with CMS regulations and guidelines pertaining to Medicare financial reporting.
  • Strong analytical capabilities and problem-solving skills.
  • Meticulous attention to detail and accuracy.
  • Excellent communication abilities.
  • Knowledge of Medicare regulations and reimbursement methodologies.
  • Experience in financial analysis within a healthcare context.
  • Understanding of cost allocation principles.
  • Proficiency in spreadsheet and financial reporting software.

DUTIES AND RESPONSIBILITIES

  • Gather and verify financial and statistical data from various departments within the healthcare organization.
  • Ensure the accuracy and completeness of data in compliance with Medicare regulations and guidelines.
  • Prepare and submit annual Medicare and Medi-Cal financial reports in accordance with CMS regulations.
  • Compile information related to allowable costs, reimbursement, and overall financial performance.
  • Maintain precise and organized documentation supporting the information included in the Medicare financial reports.
  • Prepare and organize documentation for audits and reviews.
  • Work collaboratively with internal teams to provide training and guidance on internal controls for effective financial reporting and documentation requirements.


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