Reimbursement Analyst, Senior (Medicare Cost Reporting)

Hourly Pay Range $35.16 - $54.50 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors. Position Highlights Position: Reimbursement Analyst, Senior Location: Arlington Heights, IL Full Time/Part Time: Full Time Hours: Monday-Friday, [hours and flexible work schedules] Position Summary The Senior Reimbursement Analyst is responsible for leading and overseeing complex reimbursement processes at the hospital. This role includes in-depth analysis of reimbursement data, compliance with healthcare regulations, and the development of strategies to maximize revenue through effective billing and reimbursement practices. What you will do Conduct in-depth analysis of healthcare reimbursement data, including Medicare, Medicaid, to identify trends, opportunities, and discrepancies. Stay current with federal and state regulations related to healthcare reimbursement and ensure the hospital's practices align with all applicable guidelines. Lead efforts to maximize revenue by optimizing reimbursement rates, identifying opportunities for increased reimbursement. Oversee the preparation, review, and timely submission of cost reports for Medicare and Medicaid, ensuring accuracy. Assess the financial impact of proposed changes to reimbursement rates, and regulatory updates. Coordinate and assist in financial and compliance audits related to reimbursement, providing documentation and explanations as needed. Provide guidance, training, and mentorship to junior analysts and hospital staff on reimbursement-related matters. What you will need Education: Bachelors Degree Health Administration Required Or Bachelors Degree Finance Required Or Bachelors Degree Accounting Required Or Masters Degree Preferred Experience: 5+ Years of experience in healthcare reimbursement, financial analysis, or a related field, with at least 2 years in a senior or leadership role. Expertise in financial analysis, data management, and the use of financial software and spreadsheet applications. Benefits Career Pathways to Promote Professional Growth and Development Various Medical, Dental, and Vision options Tuition Reimbursement Free Parking at designated locations Wellness Program Savings Plan Health Savings Account Options Retirement Options with Company Match Paid Time Off Community Involvement Opportunities EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor. #J-18808-Ljbffr NorthShore University HealthSystem