Cost Report Analyst

VCU Health • Richmond, VA

3d

About The Position

The Cost Reporting Analyst prepares preliminary portions of the Hospital’s Annual Medicare Cost Report and prepares and completes all aspects of the State-required Indigent Care Cost Report in accordance with federal and state regulations. The role handles audit requests and inquiries related to the Indigent Care Cost Report and assists with audits of Governmental Cost Reports.

The analyst provides task-oriented support to the Reimbursement/Cost Reporting team through routine, repetitive, documentation-heavy work related to cost report preparation and audit support. Work focuses on data entry, document compilation, gathering audit evidence, and basic regulatory research. The position is described as an entry point into cost reporting and healthcare reimbursement. Promotion is not guaranteed; strong performance may lead to expanded responsibilities or advancement opportunities based on organizational needs.

Requirements

• Minimum of three years of accounting, finance, or business work experience.
• Bachelor’s degree in Finance, Business Administration, or a closely related field.
• Detail oriented and comfortable with routine, repetitive, documentation-heavy tasks.
• Physical ability to lift less than 20 pounds.
• Ability to sit for prolonged periods.
• Strong recall, reasoning, problem-solving, hearing, clear speaking, legible writing, reading, and logical thinking skills.
• Ability to handle multiple priorities and adapt to frequent change.

Nice To Haves

• Previous financial work experience in a healthcare setting with emphasis in cost reporting.
• Master’s degree in Finance, Business Administration, or a closely related field.

Responsibilities

• Prepare preliminary portions of the Hospital’s Annual Medicare Cost Report.
• Prepare and complete all aspects of the State-required Indigent Care Cost Report consistent with federal and state regulations.
• Handle audit requests and inquiries related to the Indigent Care Cost Report.
• Assist with audits of Governmental Cost Reports.
• Provide task-oriented support to the Reimbursement/Cost Reporting team for cost report preparation and audit support.
• Perform data entry, compile documents, gather audit evidence, and conduct basic regulatory research.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level