Financial Reimbursement Analyst
About The Position
Catholic Health is one of Long Island’s finest health and human services agencies. Our health system has over 16,000 employees, six acute care hospitals, three nursing homes, a home health service, hospice and a network of physician practices across the island. At Catholic Health, our primary focus is the way we treat and serve our communities. We work collaboratively to provide compassionate care and utilize evidence based practice to improve outcomes – to every patient, every time. We are committed to caring for Long Island. Be a part of our team of healthcare heroes and discover why Catholic Health was named Long Island's Top Workplace! The Reimbursement Analyst is responsible to perform assigned financial and accounting functions, complete assigned reports, and provide accurate and timely information for review by the Director and Assistant Director of Reimbursement. Analyst responsibilities will include assembling and submitting the monthly filing to NYS and/or each County for grant spending that are expecting under each programs for reimbursement. This position shall support all reimbursement functions and focus on development of Hospital Reimbursement and Government Grants knowledge. This position plays a key role in preparing monthly statistics, preparing draw down schedules based upon spending for grants, assisting in preparation of cost reports, and the Wage Index.
Requirements
- Bachelor's degree in Accounting, Finance, Healthcare Administration, or related field required.
- Proficient in Microsoft Excel (advanced), and financial modeling tools.
- Strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to manage multiple projects and meet tight deadlines.
Nice To Haves
- Experience with hospital and/or physician group reimbursement preferred.
- Experience with Lawson, Strata and Epic is a plus.
- Familiarity/Experience with OMH/OASAS and County submissions of claims for deficit funding, cost reporting (CFR/CQR), NYS and County Budgets (CBR), and Universal Budget preferred.
Responsibilities
- Prepare monthly filings for NYS and the Counties on Government Grants.
- Analyzes supporting schedules and reports for interim, monthly, and year-end reporting.
- Prepare operating reports, cost reports, monthly grant vouchers/claims, and other reports as assigned by management.
- Prepare detailed analysis of revenues and expenses for monthly claims submissions, annual and periodic cost reporting obligations related to OMH/OASAS funded programs ensuring information is accurate and complete.
- Utilization of Microsoft Excel models for financial planning purposes and assist in developing financial computer models.
- Prepare and review Medicare, Medicaid, and other third-party cost reports, ensuring accuracy and regulatory compliance.
- Preparation of monthly statistical reports for each hospitals.
- Support audits by providing necessary documentation and backup to external auditors and government agencies.
- Provide subject matter expertise and guidance to junior analysts and other internal stakeholders.
- Assists in preparation of Institutional Cost Report (ICR) including, but not limited to supporting schedules, memos, and accumulation of financial data.
- Performs related duties as assigned and unrelated duties as requested.
Benefits
- Catholic Health offers generous benefits packages
- generous tuition assistance
- a defined benefit pension plan
- a culture that supports professional and educational growth
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
