Senior Reimbursement Accounting Analyst

PACS

About The Position

The Senior Reimbursement Accounting Analyst will be responsible for preparing and analyzing Medicare and Medicaid cost report templates, inputting information into the cost report program, and ensuring proper costs are identified in specific departments and cost centers. This role requires strong analytical skills, attention to detail, and the ability to work independently to meet deadlines. PACS is elevating healthcare by revolutionizing our approach to leadership and quality care. Guided by our core values of love, excellence, trust, accountability, mutual respect, and commitment, we strive to foster a culture of compassionate care within our teams and the communities we serve. As we grow rapidly, exciting opportunities await you to engage in impactful projects and contribute valuable insights to stakeholders nationwide. If you're ready to make a difference and embrace our mission of creating real change, we invite you to join us at PACS. Together, let’s shape the future of healthcare! At PACS, we believe our employees are our greatest asset. That’s why we offer an exceptional benefits package designed to enhance your well-being and support your lifestyle.

Requirements

Bachelor's degree preferred in Finance, Accounting, or a related field with 2-5 years of experience or equivalent combination of education and experience, including 6-8 years of relevant reimbursement, finance, or accounting experience
Advanced proficiency in Microsoft 365 applications, including Excel and Copilot enabled productivity tools
Strong analytical and problem-solving skills
Excellent attention to detail and organizational skills
Ability to work independently and manage multiple tasks simultaneously

Nice To Haves

Workday experience desired
Knowledge of Medicare and Medicaid cost reporting requirements is preferred

Responsibilities

Prepare and maintain Medicare and Medicaid cost report workpapers, supporting schedules, and reimbursement analyses in accordance with federal and state regulatory requirements
Compile, validate, and reconcile financial, statistical, labor, and census data utilized in cost report preparation and reimbursement reporting
Analyze general ledger activity, trial balances, and supporting documentation to ensure accurate cost reporting treatment and proper allocation of expenses
Perform detailed account analysis to identify reimbursement-related costs and ensure expenses are accurately assigned to the appropriate departments and cost centers
Review cost reports and supporting schedules for completeness, accuracy, and compliance with applicable reimbursement regulations and filing requirements
Research and interpret Medicare, Medicaid, and state-specific reimbursement regulations and apply findings to complex reimbursement scenarios
Respond to cost report audits by providing all documentation requested by the auditor, including invoices, journal entry backup, and other items as requested
Interact with facility staff and PACS staff to obtain required documentation and any items identified in analyzing accounts
Work independently and be deadline-oriented to complete assignments and meet required deadlines for filing cost reports and responding to auditors
Train other team members on how to perform various cost reporting tasks
Manage Medicare/Medicaid bad debt analysis for accounting, cost reporting, and audit purposes
Reconcile general ledger accounts associated with cost reporting
Understand how cost reports affect rate setting