Accounts Receivable and Cost Reporting Manager

## Accounts Receivable and Cost Reporting Manager Apply locations:
Genesis Hospital time type:
Full time posted on:
Posted Todayjob requisition :
JR106738#
** GENESIS HEALTHCARE SYSTEM
** In order to fill our Mission of serving our community by helping each person achieve optimal health and well-being by providing compassionate, exceptional, and affordable healthcare services, all employees of Genesis Health Care System must be committed to living the Genesis Mission and Genesis values of Compassion, Excellence, Integrity, Team, and Innovation. All employees must regard themselves as an ‘owner’ of Genesis and keep our patients at the center of everything we do *- always.*##

Position Details:

Work Shift:

Day Shift (United States of America)
Scheduled Weekly

Hours:

40

Department:

Financial Planning and Analysis## Overview of Position:

Manages the Accounts Receivable and Cost Reporting functions for Genesis Health Care System. Responsible for reporting on hospital and professional accounts receivable performance, reimbursement analysis, denial and collection trends, governmental and commercial payer receivables, Medicare and Medicaid cost reporting, supplemental payment programs, and regulatory reimbursement reporting at the organization and service line level. Provides leadership and reporting direction to identify trends in collection of receivables and optimization of cash flow while leading accurate reimbursement reporting and regulatory compliance.

Develops reporting tools, analytics, and identifies operational processes that improve collections, reduce aged accounts receivable balances, strengthen reimbursement accuracy, and maximize financial performance related to service line execution.
** ESSENTIAL DUTIES
** 1.
Helping to execute organizational goals. It is critically important to understand how Accounts Receivable and Cost Reporting activities contribute to the financial success of the organization and the key service lines. The Manager must effectively communicate organizational priorities, establish expectations, and guide staff through change.  2.
Monitor Accounts Receivable operations through continuous monitoring of days in accounts receivable, aging trends, denial rates, net collection performance, cash collections, credit balances, denials and recoupments, and payer-specific performance metrics.  3.
Develop and maintain dashboards, scorecards, and reporting tools that support leadership decision-making and improve visibility into collection performance and reimbursement trends.  4.
Analyze payer performance, collection barriers, denial patterns, underpayments, and reimbursement opportunities. Recommend operational improvements and action plans at both the organization-wide level and the service line level.  5.
Oversee the preparation, coordination, review, and audit support for Medicare, Medicaid, and other governmental cost reports.  6.
Coordinate reimbursement activities with revenue cycle leaders, operational departments, external reimbursement consultants, auditors, and governmental agencies.  7.
Manage reimbursement analyses related to Medicare settlement estimates, Medicaid reimbursement programs, DSH, UPL, supplemental payment programs, bad debt reimbursement, uncompensated care funding, and other regulatory reimbursement programs.  8.
Monitor changing reimbursement regulations and communicate financial impact assessments to leadership at both the organizational level and the service line level.  9.
Develop reimbursement forecasts and support budgeting, long-range planning, and financial projections.  10.
Maintain strong internal controls and documentation related to reimbursement reporting and accounts receivable processes. Lead interactions with financial statement auditors for accounts receivable and payer settlement activities.  11.
Prepare professional reports, executive summaries, presentations, and recommendations for leadership, committees, auditors, and governing bodies.  12.
Participate in process improvement initiatives focused on cash acceleration, denial prevention, reimbursement optimization, automation, and reporting efficiency.  13.
Participate as a key member of the Finance…