Medicare Cost Report Specialist

3 days ago


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

At American Advanced Management, we are seeking a highly skilled Medicare Cost Report Specialist to join our team. The successful candidate will be responsible for preparing and managing the Medicare/Medi-Cal cost reports required by healthcare providers participating in the Medicare/Medi-Cal program.

Key Responsibilities:

  • Collect and validate financial and statistical data from various departments within the healthcare organization.
  • Ensure accuracy and completeness of data in accordance with Medicare regulations and guidelines.
  • Prepare and submit annual Medicare/Medi-Cal cost reports in compliance with the Centers for Medicare & Medicaid Services (CMS) regulations.
  • Compile information related to allowable costs, reimbursement, and financial performance.
  • Maintain accurate and organized documentation supporting the information presented in the Medicare cost reports.
  • Prepare and organize documentation for audits and reviews.
  • Collaborate with internal teams to provide training and guidance on internal control for effective cost reporting & documents requirements.

Requirements:

  • Bachelor's degree in finance, accounting, or healthcare administration.
  • Experience in healthcare finance, specifically with a focus on Cost report preparation and Medicare reimbursement.
  • Familiarity with CMS regulations and guidelines related to Medicare cost reporting.
  • Strong analytical and problem-solving skills.
  • Attention to detail and accuracy.
  • Excellent communication skills.
  • Knowledge of Medicare regulations and reimbursement methodologies.
  • Financial analysis in a healthcare setting.
  • Understanding of cost allocation principles.
  • Proficiency in spreadsheet and cost reporting software.


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