Reimbursement Specialist

Reimbursement SpecialistPenn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines. Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?Entity: Corporate ServicesDepartment: Government ReimbursementLocation: 3535 Market Street, Suite 1400Hours: Hybrid, M-F, 8:30AM to 5:00PMSummary: The Reimbursement Specialist will provide reimbursement and financial support to both corporate and hospital leadership in an efficient and customer-focused manner. The Specialist will report to the Reimbursement Manager. The major focus of this position will be on reimbursement filings and regulatory issues.AccountabilitiesProvide technical and consultative support for entities and Corporate Services in all applicable facets of Reimbursement and Financial Planning in a professional manner.Develop and maintain a customer service driven work environment within all areas of responsibility.Maintain Project Logs for all assigned projects.Perform special projects, as assigned.OperationsAd Hoc Analyses and InformationReview request and collect data from appropriate sources.Review data received and forward to requesting party.Medicare, Medicaid, Champus, CRC, Regulatory Compliance, Required Cost Report and PIP FilingsAssist in the analysis of the impact of new State regulationsAssist with all aspects of the cost report related activities, including PIP filings, Wage Index submission and regulation interpretation.Assist in the completion of all necessary interim and final submissions relative to Penn Medicine Cost Reports.Assist with audit requests and the preparation of re-openings, as necessary.Graduate Medical Education FinanceAssist Graduate Medical Education Department in the development of resident FTE budgets.Assist department leadership and GME office with Resident billing analysis, including the VAMC and CHOP Assist residency coordinator with resident financial issues when neededMonthly Financial Statement SupportPrepare timely Medicare cash analysisSupport department leadership with analysis for month-end and year-end closeStaff DevelopmentMutually develop and implement learning and development plans for teaching regulatory changes to the analysts and others in the department.Performs duties in accordance with Penn Medicine and entity values, policies, and proceduresOther duties as assigned to support the unit, department, entity, and health system organizationMinimum RequirementsBachelor's Degree Accounting, Finance, or Business Administration is required.3+ years Experience of third-party governmental reimbursement (including: compliance analysis, revenue budgeting and cost reporting activities from PIP establishment to final settlement) is required.3+ years Experience with state/regulatory filings is required.Knowledge of the Medicare Cost Report is a plus!HFMA Certified Healthcare Finance Professional (CHFP) is preferredWe believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives. Live Your Life's WorkWe are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.