Rates Analyst
4 weeks ago
The Rates Analyst is responsible for managing rates in the industry and keeping up-to-date research to maintain corporate strategy, preparation, and execution for VITAS' current and future healthcare services: hospice, physician, nursing home, respite, & claims payments.
Key Responsibilities- Research and update nursing home state rates, Medicare, and Medicaid physician rates as communicated by State entities for each program and CMS.
- Analyze, evaluate, and disseminate to Accounts Payable payment rate information related to: ambulance, anesthesia, drugs, x-rays, DME, laboratory, and surgery fee schedules.
- Monitor and coordinate between VITAS Information Technology, Revenue Cycle Management, and Accounts Payable to ensure rates system integrity and accuracy.
- Process and maintain contracted managed care insurance plans.
- Maintain geographic tables for program billing and prepare reports to monitor and identify trends.
- Utilize well-documented, trusted facts and sources upholding excellent research skills.
- Identify improvement processes and recommendations to create and maintain organizational effectiveness within the department.
- Resolve issues while keeping abreast of the changes in industry rates/trends to maintain corporate strategy within the business function.
- Analyze state and legal requirements to ensure compliance with law, regulations, corporate, and business policies and procedures.
- Forecast predictions that may affect rates to remain aligned with the strategic direction of the business.
- Assist with vendor audit requests.
- Three to five years' relevant experience in healthcare, accounting/billing, statistics, or related fields.
- Working knowledge of Medicare, Medicaid, and reimbursement processes.
- Excellent communication and analytical skills.
- Ability to lead, providing subject matter guidance to team members in a positive and productive manner by motivating and developing colleagues.
- Ability to work on various assignments simultaneously.
- Strong interpersonal skills within all levels of the organization.
- Ability to navigate within automated systems and proficiency in Outlook, Word, and Excel.
- Associate's degree in healthcare/business administration, accounting, or related fields from an accredited college or university or the international equivalent required.
VITAS Healthcare is the nation's leading provider of end-of-life care, and has the resources and expertise to support your personal and professional growth. As a member of the VITAS team, you'll find fulfillment working for a people-focused organization dedicated to making a difference in the lives of others. You will be more than just an employee: You will be counted on as an expert in your field, and as a valued team member whose efforts are respected and vital to our hospice mission. All VITAS employees commit to fulfilling their duties and responsibilities with the highest regard for professionalism, collaboration, and teamwork, and an eye focused constantly on growth and improvement. We serve with commitment and compassion, and position ourselves for the future by embracing, innovating, and leading change. If you are that person, make your voice heard-find your purpose at VITAS today.
Benefits Include:
- Competitive compensation
- Health, dental, vision, life, and disability insurance
- Pre-tax healthcare and dependent care flexible spending accounts
- Life insurance
- 401(k) plan with numerous investment options and generous company match
- Cancer and/or critical illness benefit
- Tuition Reimbursement
- Paid Time Off
- Employee Assistance Program
- Legal Insurance
- Roadside Assistance
- Affinity Program
Many of our positions offer the opportunity to work day or night shifts, weekdays or weekends.
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