Reimbursement Analyst, Senior (Medicare Cost Reporting)

Reimbursement Analyst, Senior

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:

• 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

Endeavor Health is a fully integrated healthcare delivery system committed to providing access to quality, vibrant, community-connected care, serving an area of more than 4.2 million residents across six northeast Illinois counties. Our more than 25,000 team members and more than 6,000 physicians aim to deliver transformative patient experiences and expert care close to home across more than 300 ambulatory locations and eight acute care hospitals – Edward (Naperville), Elmhurst, Evanston, Glenbrook (Glenview), Highland Park, Northwest Community (Arlington Heights) Skokie and Swedish (Chicago) – all recognized as Magnet hospitals for nursing excellence.

When you work for Endeavor Health, you will be part of an organization that encourages its employees to achieve career goals and maximize their professional potential.

Diversity, equity and inclusion is at the core of who we are; being there for our patients and each other with compassion, respect and empathy. We believe that our strength resides in our differences and in connecting our best to provide community-connected healthcare for all.

EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor.