Financial Specialist, Cost Reporting

WakeMed Health & HospitalsRaleigh, NC

About The Position

Serves as the Lead Cost Report position in preparing the annual Medicare/ Medicaid Cost Reports and providing periodic (monthly/quarterly) estimates of third-party cost report reserves. Works closely with the Reimbursement Manager to ensure the timeliness of cost report submission, intermediary audits, including cost report audits, wage index audits, and occupational mix audits, and data collections as required by outside vendors. The Financial Specialist is also involved in the review and submission of the annual uncompensated care survey to the state of North Carolina.

Requirements

  • Bachelor's Degree in Accounting or Business Administration Required
  • 5 Years of Accounting/Finance - Reimbursement Required

Responsibilities

  • Prepare annual Medicare/ Medicaid Cost Reports.
  • Provide periodic (monthly/quarterly) estimates of third-party cost report reserves.
  • Ensure timeliness of cost report submission.
  • Manage intermediary audits, including cost report audits, wage index audits, and occupational mix audits.
  • Oversee data collections as required by outside vendors.
  • Review and submit the annual uncompensated care survey to the state of North Carolina.
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