Budget And Reimbursement Specialist

Job DetailExperience Level Mid LevelDegree Type Bachelor of Science in Business Administration (BSBA)Employment Full TimeWorking Type On SiteJob Reference 0000019973Salary Type AnnuallyIndustry HealthcareSelling Points Lead financial planning and reimbursement strategies in a dynamic healthcare organization. Collaborate on impactful projects with industry professionals. Enjoy competitive benefits and opportunities for career advancement.Job DescriptionBudget and Reimbursement Specialist OverviewThe Budget and Reimbursement Specialist will oversee financial planning and reimbursement functions in a healthcare organization.Coordinate annual Medicare, Medicaid, and state statistical report submissions with external accounting firms.Collaborate on developing annual operating and capital budgets with corporate and facility staff.Analyze financial performance against budget expectations and provide actionable insights.Engage with state officials on Medicaid/Medicare audits, rate reviews, and appeals processes.Manage the Certificate of Need process for capital projects and acquisitions.Perform qualitative and quantitative analyses for capital acquisitions and financial planning.Contribute to the strategic financial management of the organization.Budget and Reimbursement Specialist Key Responsibilities & DutiesCoordinate and manage third-party reimbursement functions, including Medicare and Medicaid reporting.Develop and oversee annual operating and capital budgets in collaboration with stakeholders.Conduct performance reviews comparing financial results to budgeted expectations.Work with state officials on audits, rate reviews, and appeals related to reimbursement.Manage the Certificate of Need process for capital projects and acquisitions.Perform detailed qualitative and quantitative analyses for financial planning and decision-making.Ensure compliance with financial regulations and standards in healthcare accounting.Support the organization’s strategic financial goals through effective management practices.Budget and Reimbursement Specialist Job RequirementsBachelor’s degree in Accounting or Business Administration required.5-10 years of experience in healthcare accounting, preferably in long-term care or skilled nursing.Proficiency in budgeting, cost reporting, and third-party reimbursement rates.Strong qualitative and quantitative analytical skills.Experience with Workday or similar general ledger/accounting systems preferred.Thorough knowledge of Excel and financial analysis tools.Ability to manage deadlines and work collaboratively with teams.Commitment to maintaining compliance with healthcare financial regulations.