-
Medicaid Reimbursement Director
- AdventHealth (Altamonte Springs, FL)
-
All the benefits and perks you need for you and your family:
Benefits from Day One
Career Development
Whole Person Wellbeing Resources
Mental Health Resources and Support
Our promise to you:
Joining AdventHealth is about being part of something bigger. Its about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that **together** we are even better.
**Shift** : Monday- Friday Full time 8am-5pm
**Job Location** : Altamonte Springs, FL
The role you will contribute:
This position leads AdventHealth's Medicaid reimbursement process across the entire company focusing on supplemental Medicaid payments, provider taxes, Medicaid strategy development and implementation. Develops and implements company Medicaid strategy, both with leadership and key AdventHealth stakeholders, and with multiple outside consultants and experts. Acts as a consultant to leaders ensuring the Medicaid rate setting, payment, and reconciliation processes are accurate, complete, and aligned with cost reporting regulations. Responsible for calculating and recording the financial impacts related to these processes and reconciling those calculations with the local markets. Must be an expert in navigating and resolving audit findings with a variety of CPA & governmental auditors. Must possess knowledge in reimbursement including, but not limited to: Rural Hospitals, Critical Access Hospitals, DSH, Uncompensated Care, DGME, IME, Psych, Rehab, 340B and more. Is an important internal consultant to CFOs and strategic executives, routinely helping find and implement solutions that balance strategic imperative needs while maintaining compliance with the myriad regulations.
The value you will bring to the team:
+ Serves as AdventHealth subject matter resource for Medicaid reimbursement matters. This role is focused on Medicaid payment areas.
+ Leads a team of reimbursement professionals, providing guidance, training, and development opportunities.
+ Maintain a strong working knowledge of current laws and regulations of the federal and state Medicaid programs
+ Ensures data, payments, settlements, audits, and financial entries are completed.
+ Communicate technical positions/arguments effectively to Medicaid auditors to support positions.
+ Leverages reimbursement expertise to identify strategic opportunities supporting long-term reimbursement optimization and sustainability.
+ Propose year end estimated Medicaid third party financial settlement to be audited by AdventHealths external auditor for inclusion in the audited financial statements.
+ Proactively seeks to improve strategy and reduce risks. This includes managing outside consultants and engaging with hospital associations.
+ Creates solutions in compliance with regulations
+ Collaborates with key stakeholders to support the reimbursement initiative and to identify, plan and execute reimbursement strategy.
+ Collaborates with other large system reimbursement leadership to identify best practices and incorporate learnings within the organization.
+ Engages in continuous knowledge development regarding healthcare industry developments, best practices, tools and techniques.
+ Responsible for ensuring that the potential of future take backs, is understood, communicated, and managed appropriately.
+ Educates Finance, Revenue, Cycle & Operational Leaders on regulations & impacts
+ Communicate with key stakeholders on opportunities and impact, both regarding current issues as well as fundamentals of reimbursement for those in new roles
+ Strategic Thinking deployed identifying new reimbursement mechanisms, ensuring the proper development, management and optimization of existing programs (coordinate, grow, reduce risk) and identify when and whether to join appeal cases.
+ Consults with leadership, providing guidance how to ensure stability of existing programs and strategic options to consider, to fulfill our mission
+ Provides mentoring and coaching to staff, develops future financial leaders, recruits top-tier talent
+ Utilizes excellent communication skills, including adjusting or adapting messaging for different stakeholders.
+ Participates in and/or lead special projects as assigned.
DIRECT REPORTS
Medicaid Team
The expertise and experiences you'll need to succeed:
Bachelor's degree in accounting or finance
10 years of relevant experience in healthcare finance, preferably in reimbursement including Medicare, Medicaid reimbursement and regulatory cost reporting
Strong background in accounting and financial analysis
Strong and proven leadership skills
Expert in Medicaid program reimbursement laws and regulations
Ability to research and interpret Medicaid laws and regulations
Possesses a detailed understanding of governmental payment regulations and risks, applies that understanding to produce annual reporting, requests for reimbursement, and audit responses.
Possess an understanding of financial accounting and auditing principles and their application to healthcare
Strong analytical reasoning, critical thinking, judgment and problem-solving skills to independently assess, interpret and address complex issues in a continually changing environment
Effective written and verbal communication skills
Excellent interpersonal skills
Well organized and detail-oriented
Ability to understand complex healthcare financial revenue recognition, accounting, and finance models, including the relationship of costs and revenues
Communication skills to translate these complex models and clearly share those impacts with team members, peers, and leaders throughout the organization, making the complex simple, understandable, and actionable
Independent thinking, comfortable enough to challenge the assumptions of more senior leaders if those leaders need to consider other alternatives
Ability to collect data, perform analysis, organize and present the analysis and recommendations to management in written or oral format
Detailed understanding of GAAP (Generally Accepted Accounting Principles)
Ability to work in a fast paced and dynamic environment while meeting deadlines
Understands the need to continue learning, and actively seeks new learning opportunities
Able to interview & identify quality future team members
Certified Public Accountant (CPA)
Preferred Qualifications:
Master's degree in business administration or accounting
5 years of proven leadership skills in management role
This facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances. The salary range reflects the anticipated base pay range for this position. Individual compensation is determined based on skills, experience and other relevant factors within this pay range. The minimums and maximums for each position may vary based on geographical location.
**Category:** Accounting/Finance
**Organization:** AdventHealth Corporate
**Schedule:** Full-time
**Shift:** 1 - Day
**Req ID:** 25031067
We are an equal opportunity employer and do not tolerate discrimination based on race, color, creed, religion, national origin, sex, marital status, age or disability/handicap with respect to recruitment, selection, placement, promotion, wages, benefits and other terms and conditions of employment.
-
Recent Jobs
-
Medicaid Reimbursement Director
- AdventHealth (Altamonte Springs, FL)
-
Assistant Attorney General, NYC Litigation Bureau
- New York State Civil Service (New York, NY)
-
Restorative Nursing Aide - FT Days
- Good Samaritan (Pipestone, MN)
-
Care Navigator
- Aveanna Healthcare (Lubbock, TX)