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Senior Reimbursement Analyst
Senior Reimbursement AnalystHighmark Health • Mcallen, TX, US
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Senior Reimbursement Analyst

Senior Reimbursement Analyst

Highmark Health • Mcallen, TX, US
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Allegheny Health Network

This job performs a wide range of third-party reimbursement services and acts as a financial and operational liaison for operations, regulatory agencies, and other outside entities. This incumbent serves as a technical expert on reimbursement issues for team members and management. The incumbent analyzes financial results, trends, performance metrics, and provides root cause analysis to support business decisions. Recommends, based on trends and historical analysis, revenue adjustments or cost improvement measures. May be responsible for management and reporting functions for programs funded by federal, state, local, or commercial partners through supplemental programs or value-based incentive payments.

Essential Responsibilities :

  • Leads in preparation, evaluation, and maintenance of processes in support of regulatory and third-party updates including quarterly work papers, annual audits, cost accounting, and third-party accounting. Communicates any issues to team and management. (40%)
  • Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principals. Interprets financial transactions and events for users who make economic or business decisions. (15%).
  • Provides expertise and education in budgeting, revenue recognition, reimbursement, system, and process changes. Correlates Revenue / Expense to volumes and prepares reports to assess financial performance. (15%).
  • Develops and / or maintains processes and performs complex calculations to support the short and long-term strategic plans and operating budgets, supports monthly financial statement and comparisons of payor performance. (10%)
  • Performs detailed variance analysis against expected budget, forecast, prior periods, modeling, or other revenue benchmarks as required to support operations. (10%)
  • Analyzes contractual or financial results, trends, performance metrics, and provides root cause analysis to support business decisions. Recommends cost saving and revenue enhancement improvement measures. (10%)
  • Performs other duties and assigned or required. (0%)

Qualifications :

  • Minimum : Bachelor's Degree in Business, Finance, Accounting, or related field, or relevant experience and / or education as determined by the company in lieu of a bachelor's degree.
  • Proficiency with spreadsheet applications and database management
  • Demonstrated ability to understand and apply complex federal regulations and policy
  • Preferred : Master's Degree in Business, Finance, Accounting, or related field
  • 5-7 years of Third-party reimbursement in a healthcare environment
  • Pay Range Minimum : $30.10

    Pay Range Maximum : $46.65

    Base pay is determined by a variety of factors including a candidate's qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.

    Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

    We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact HR Services Online at HRServices@highmarkhealth.org.

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    Senior Reimbursement Analyst • Mcallen, TX, US

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