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Reimbursement Analyst
full-timeGrand Forks$60k - $91k

Summary

Location

Grand Forks

Salary

$60k - $91k

Type

full-time

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About this role

Everything we do is underscored by a why — and that why is one another.

Location:

Altru Health System PO Box 6002 Grand Forks, ND 58201

Pay Range: $60,715.20 - $91,083.20

Summary:

The Reimbursement Analyst has responsibility for development and optimization of reporting and analysis for contract performance, reimbursement trends, payer policy changes, and financial performance. This position will work within the Finance team to develop tools for data collection for payment models and trends and analyze their financial impact on the organization. This position will monitor changes in payer contracts and guidelines, for both commercial and commercial payers, to educate and act as a resource for the organization and assist in implementation of changes.

Essential Job Functions:

  • Assists with preparation of reports and report analysis for reimbursement and utilization issues. Completes financial analysis regarding reimbursement and compliance issues or opportunities.

  • Monitors all changes to payer contracts and payer guidelines to provide education to appropriate staff prior to changes to ensure timely implementation of upcoming changes.

  • Analyzes payer reimbursement calculations and charges to validate payments from government and commercial payers to ensure compliance with billing and coding guidelines. Assists with development and analysis of contract proposals and performance. Works with third party payers to address any payment discrepancies or billing issues.

  • Develops and maintains expert level of knowledge on risk scoring, episodes of care, bundled payments and other industry specific trends in reimbursement methodology.

  • Summarizes data and findings for internal and/or external audiences. Creates graphical data, written reports, and/or statistical analysis to explain trends and opportunities.

  • Performs research and stays up to date regarding all third party and government payer rules, regulations, and payment policies. Assists with communication and education with appropriate staff to ensure compliance with changes. Monitors trends for inpatient, outpatient, and physician billing, coding and payment methodology.

  • Assists in preparation of reporting for Medicare cost report. Develops and maintains expert level of knowledge of Medicare guidelines, reimbursement methods and cost report.

  • Performs internal audits to ensure billing compliance and optimal reimbursement. Performs department specific analysis of charges to determine correct charges are being utilized. Works with staff to correct trending issues and discrepancies and determine any opportunities for process improvements in billing, strategic pricing, and documentation. Performs research and analysis for new and updated procedures to ensure billing and coding compliance.

  • Performs other duties as assigned or needed to meet the needs of the department/organization.

Education:

• Required: Associates - Business- OR -Associates - Related Field

• Preferred: Bachelors - Business

Work Experience:

• Required: A minimum of 1 year Related Experience

Language Requirements:

This position requires proficiency in reading, writing, and speaking English to ensure effective communication in the workplace and with patients, families, and team members.

Physical Demands :

• Sit: Continuously (67-100%)

• Stand: Occasionally (5-33%)

• Walk: Occasionally (5-33%)

• Stoop/Bend: Occasionally (5-33%)

• Reach: Frequently (34-66%)

• Crawl: Not Applicable

• Squat/Crouch/Kneel: Occasionally (5-33%)

• Twist: Occasionally (5-33%)

• Handle/Finger/Feel: Continuously (67-100%)

• See: Continuously (67-100%)

• Hear: Continuously (67-100%)

Weight Demands:

• Lift -Floor to Waist Level: Sedentary (<10 pounds)

• Carry: Sedentary (<10 pounds)

• Push/Pull: Sedentary (<10 pounds)

• Slide/Transfer: Not Applicable

Working Conditions:

• Indoor: Continuously (67-100%)

• Outdoor: Not Applicable

• Extreme Temperature: Not Applicable

Driving Requirement Definitions:

  • Professional Drivers: Persons who drive as their main responsibility OR transport passengers or hazardous materials.
  • Frequent Drivers: Persons whose main responsibility is not driving, but drive daily or almost daily.
  • Occasional Drivers: Persons who drive from once per month to as frequently as once per week.
  • Infrequent Drivers: Persons who are generally not expected to drive.

Driving Requirement for this position:

Infrequent Driver

Reference ID: R6619

Making a real difference. For one another.

To take the best care of our patients and community — including friends, family, and neighbors — we need people who are committed to growth, excellence, and one another.

At Altru, you’ll find a culture where support and teamwork are at the heart of what we do. You’ll have opportunities to advance your skills, work with the latest technologies, experience the fulfillment that comes from giving back, and take your career wherever you want it to go.

Join our team and be a part of a small community with a big heart.

Altru offers a comprehensive benefits package to its full- and part-time employees. Excellent benefits include a health plan and 401(k) retirement plan. Other benefits include a dental plan, vision plan, life and disability insurance, education assistance, paid time off (PTO)

Other facts

Tech stack
Reimbursement Analysis,Financial Analysis,Contract Management,Payer Policy Knowledge,Billing Compliance,Data Collection,Statistical Analysis,Report Preparation,Communication Skills,Problem Solving,Internal Audits,Research Skills,Trend Analysis,Education and Training,Process Improvement

About Altru Health System

At Altru, we are making a difference for those we care for as we provide five-star care for our friends, family members and neighbors in northeast North Dakota and northwest Minnesota. We are a community of over 3,400 health professionals and support staff. We offer a wide array of services, meeting the needs of all. As the first member of the Mayo Clinic Care Network, Altru’s providers have access to clinically integrated tools extending Mayo Clinic’s knowledge and expertise to our patients. To learn more, see altru.org.

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Hospitals and Health Care
Founding Year: 1997

What you'll do

  • The Reimbursement Analyst is responsible for developing and optimizing reporting and analysis related to contract performance and reimbursement trends. This includes monitoring changes in payer contracts and educating staff on compliance and implementation.

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Frequently Asked Questions

What does Altru Health System pay for a Reimbursement Analyst?

Altru Health System offers a competitive compensation package for the Reimbursement Analyst role. The salary range is USD 61k - 91k per year. Apply through Clera to learn more about the full compensation details.

What does a Reimbursement Analyst do at Altru Health System?

As a Reimbursement Analyst at Altru Health System, you will: the Reimbursement Analyst is responsible for developing and optimizing reporting and analysis related to contract performance and reimbursement trends. This includes monitoring changes in payer contracts and educating staff on compliance and implementation..

Why join Altru Health System as a Reimbursement Analyst?

Altru Health System is a leading Hospitals and Health Care company. The Reimbursement Analyst role offers competitive compensation.

Is the Reimbursement Analyst position at Altru Health System remote?

The Reimbursement Analyst position at Altru Health System is based in Grand Forks, North Dakota, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Reimbursement Analyst position at Altru Health System?

You can apply for the Reimbursement Analyst position at Altru Health System directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Altru Health System on their website.