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Reimbursement and Revenue Cycle Manager

Stamford Health
Posted 4 months ago, valid for 21 days
Location

Stamford, CT 06901, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The position involves completing and analyzing Medicare, Medicaid, and third-party cost reports while maintaining communication with management regarding reimbursement issues.
  • Candidates should have a Bachelor's degree in Accounting or Finance and 3-5 years of relevant experience in hospital accounting or preparing Medicare cost reports.
  • The role requires overseeing the Reimbursement Department's daily functions, ensuring timely processing of cost reports and compliance with regulations.
  • The salary for this position is competitive and commensurate with experience, reflecting the importance of the role in the revenue cycle management.
  • The individual will collaborate with various departments to evaluate managed care contract performance and assist in budget development.

Stamford Health is a well-established, award-winning Healthcare System with multiple locations in Fairfield County, CT. 
As a new Certified Great Place to Work organization, Stamford Health understands what it takes to attract talent to improve our workforce and support our mission, to that end we offer: 
•    Competitive salary 
•    Sign on bonuses for designated positions 
•    Comprehensive, low-cost health insurance plans available day one 
•    Wellness programs 
•    Paid Time Off accruals 
•    Tax deferred annuity and (403b) pension plan 
•    Tuition reimbursement 
•    Free on-site parking and train station shuttle 
•    Childcare partnership with Children’s Learning Center 
 

This role is based in Stamford, CT and will work a Monday-Friday schedule. 


This position will be responsible for the month end close process pertaining to Accounts Receivable and Net Revenue. Assisting with the Medicare, Medicaid, CT OHS, third-party cost reports, and other reporting. This position will be responsible for reviewing, maintaining and keeping management updated on all system, payor and internal issues that impact reimbursement. Work closely with Accounting, Managed Care, Patient Business Office, Clinical Operations, and other Partners. Will have an active role in the statistic/revenue budget development and monthly variance analysis. Responsible for running ad hoc reports from various systems

MAJOR ACCOUNTABILITIES/CRITICAL RESPONSIBILITIES:

  • Responsible for month end AR valuation, statistical reporting, and revenue results for hospital and medical group
  • Responsible for running ad hoc data analysis from the EMR, GL, and timekeeping system
  • Assisting in facilitation of the Medicare and Medicaid cost reports and audits
  • Oversees department operations and staff
  • Supervises and coordinates analyses required to complete the third party cost reports.
  • Assist in the yearly budget process for volume and revenue for the hospital and medical group
  • Assist in the evaluation of prorations and contract performance by government payors.
  • Perform special projects as requested by Finance leadership.

 

QUALIFICATIONS/REQUIREMENTS:

  • Bachelor’s degree in Accounting or Finance, preferably MBA
  • 3-5 years of experience in a hospital Accounting or Finance Department with experience in revenue recognition and AR
  • Prior experience with hospital financial/billing/claims data
  • Proficient with importing and exporting large data files, and data analysis
  • Demonstrated abilities using Microsoft Excel and prior exposure to reimbursement.
  • Prior experience with Epic and Oracle a plus

 

At Stamford Health, we believe that every patient deserves compassionate, personalized, person‑centered care. This commitment guides how we care for patients, support their care partners, and promote the wellbeing of our staff. In alignment with our Planetree philosophy, the individual in this role will foster a respectful, collaborative environment that honors the needs, values, and preferences of every person we serve and the colleagues we partner with.  


 




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