Senior Reimbursement Analyst

Job Details

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Job ID:
26061

Location:
10 Brookline Place West, Brookline, MA 02445

Category:
Finance/Accounting

Employment Type:
Full time

Work Location:
Full Remote: 4-5 days remote/wk

Overview

Located in Boston and the surrounding communities, Dana-Farber Cancer Institute is a leader in life changing breakthroughs in cancer research and patient care. We are united in our mission of conquering cancer, HIV/AIDS and related diseases. We strive to create an inclusive, diverse, and equitable environment where we provide compassionate and comprehensive care to patients of all backgrounds, and design programs to promote public health particularly among high-risk and underserved populations. We conduct groundbreaking research that advances treatment, we educate tomorrow's physician/researchers, and we work with amazing partners, including other Harvard Medical School-affiliated hospitals.

The Senior Reimbursement Analyst develops routine and ad hoc financial reports and analysis related to net patient revenue.  The Senior Reimbursement Analyst prepares key analyses to support the annual Medicare cost reporting process.

Requirements

  • Prepares monthly analyses and journal entries to support the monthly general ledger closing process as it relates to patient revenue, valuation of accounts receivable and third-party liabilities, including among other key analyses valuation of the contractual adjustments and accounts receivable run-outs.
  • Prepares monthly reporting of budget vs. actual financial and statistical data as it relates to patient revenue, bad debt expense and other related accounts.
  • Prepares sections of the monthly patient revenue close reports.
  • Prepares certain sections of the annual Medicare and CHIA cost reports for the Institute. Maintains key analyses and reports to complete cost reports on a timely basis and to maximize reimbursement within allowable guidelines. Includes maintaining, monitoring and collecting intern, resident and fellow FTE counts, physician time & effort reporting, etc.
  • Assists with the development of the net patient revenue, bad debt and other related accounts for the annual budget and long-range forecast for the Institute.
  • Interprets information requests from business partners, furnishes appropriate data to address key stakeholders needs, and summarizes and presents to key stakeholder leadership.
  • Independently completes revenue surveys and regulatory reports.
  • Presents to Finance leadership on trend analyses, key findings and summaries of projects.

Qualifications

Minimum Education:
Bachelor’s degree in Accounting, Finance, or Business.  Experience in accounting or finance may substitute for degree.

Minimum Experience:
4 years of experience in reimbursement, accounting, patient accounting, or health care finance.

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

  • Advanced understanding of financial statements, hospital reimbursement, monthly financial reporting, forecasting and financial modelling.
  • Skilled at complex financial analysis, aggregating, manipulating and summarizing large data sets.
  • Superior MS suite skills including advanced excel functions like pivot tables, vlookups, hlookups.
  • Strong verbal and written communication skills and customer service skills.
  • Advanced understanding of automated GL system queries and EPIC or hospital billing system data extraction and reporting.
  • Ability to handle complex and multi-part analyses, prepare and present summaries of important points. 
  • Ability to exercise superior judgment, discretion, interpersonal skills to effectively work and communicate on sensitive political and confidential issues.

At Dana-Farber Cancer Institute, we work every day to create an innovative, caring, and inclusive environment where every patient, family, and staff member feels they belong.  As relentless as we are in our mission to reduce the burden of cancer for all, we are equally committed to diversifying our faculty and staff.  Cancer knows no boundaries and when it comes to hiring the most dedicated and diverse professionals, neither do we. If working in this kind of organization inspires you, we encourage you to apply.

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