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Cost Reporting & Rate Setting Manager

Employer
University of Massachusetts Medical School
Location
333 South St

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Employment Type
Full Time
Institution Type
Four-Year Institution

Job Details

Overview

GENERAL SUMMARY OF POSITION:

Under the general direction of the Assistant Director or designee, the Cost Reporting and Rate Setting Manager is responsible for all cost reporting activities for the unit as well as calculating and setting payment rates for health care services.  This entails the management of data analysts and consultants along with the production of work papers supporting the yearly CMS and state cost reports for 18 state operated facilities.  The different report types are listed below.

CMS – 2552, 2540, 2088

CHIA (State) – 403, ICF, HCF-1

OSD (State) – UFR

 

The manager is also responsible for overseeing rate setting activities for those facilities as well as recommending Medicaid claiming rates for community based programs including those for rehabilitative and home and community based services authorized by an approved Medicaid Waiver.    

 

The Provider Rate and Administrative Cost Reimbursement Unit (PRACRU) within the Center for Health Care Financing produces the quarterly Medicaid administrative claims on behalf of the University and completes Medicare/Medicaid cost reports, calculates rates for community based programs, computes  unreimbursed costs for state hospitals, and recommends upper payment limits for certain state owned services. These responsibilities are performed on behalf of the Executive Office of Health and Human Services (EOHHS) in accordance with an interagency agreement. 

Responsibilities

MAJOR RESPONSIBILITIES:

  • Responsible for  the management of cost reporting activities including compiling, preparing, reviewing and submitting all required reports for all state owned non-acute hospitals, clinics, nursing facilities, and soldiers’ homes.
  • Calculate payment rates for health care services at state owned non-acute hospitals and community-based programs.
  • Compile, prepare, review and submit Cost Allocation Plans for health and human services agencies, as needed.
  • Develop, implement and evaluate program goals and objectives.
  • Responsible for the calculation of unreimbursed costs at state owned non-acute hospitals.
  • Responsible for the calculating and recommending of the upper payment limits for state owned and operated services.
  • Interview, make hiring recommendations, train, supervise and evaluate staff.
  • Manage workflow and priorities.
  • Prepare performance management reports.
  • Monitor contract services and provide feedback about the quality of vendor’s work.
  • Identify and apply best business practices.
  • Collaborate with the staff of the Office of Medicaid, EOHHS, state agencies and other organizations to  provide optimum client services in accordance with the service agreement.
  • Write, review and maintain business documents including reports, contracts, manuals, procedures and presentations
  • Participate in and implement continuous quality improvement initiatives such as an internal control plan and procedure manuals.
  • Promote compliance with state and federal rules and regulations.
  • Work independently and as a team member and leader.
  • Preserve confidential information and files.
  • Perform additional duties as required.
Qualifications

REQUIRED QUALIFICATIONS:

  • Bachelor's degree in Finance, Business Administration or a related field
  • 7 years' experience in fiscal management, finance, public administration or health care; with at least two years of demonstrated supervisory experience
  • Knowledge of accounting principles, budgeting and financial report preparation.
  • Experience in financial management.
  • Proven management abilities in a complex environment.
  • Proven ability to prioritize and coordinate multiple tasks and meet competing deadlines.
  • Intermediate Microsoft Excel and Microsoft Office skills.
  • Ability to travel to off-site locations.

 

 

PREFERRED QUALIFICATIONS:

  • Master's degree in Finance, Business, Public or Health Care Administration or a related field
  • Knowledge of state information systems such as the Massachusetts Management Accounting and Reporting System (MMARS) and Cognos.
  • Advanced Microsoft Excel and Access software skills.
  • Knowledge of state and federal rules and regulations as related to health care finance.
  • Knowledge and experience with Meditech and other patient accounting systems.
  • Knowledge of Medicare/Medicaid cost reporting and accounting.

Organization

Realize Your Opportunities – A Career at UMASS Medical School

Inside Workings at UMASS Medical School

The University of Massachusetts Medical School (UMMS), the Commonwealth's only public medical school, is proud of our role in serving the people of Massachusetts. Although, its the inside workings of UMMS that makes the difference.

Mission and Culture

  • We’re serious about our mission and about our people. 
  • Real World Impact - Our people get excited about our mission of real-world impact in health sciences education, research and public service.
  • International Prominence and New Opportunities - As this institution has grown to national – and international – prominence, we’ve found new opportunities to train tomorrow’s physicians, nurses and scientists,  discover causes of and cures for disease and help improve the quality of health care.
  • Deep Commitment - With our clinical partner, UMass Memorial Health Care, and our other teaching affiliates, we share a deep commitment to national distinction in patient care.
  • Valued Partnerships – UMMS partners with Commonwealth Medicine, the health care consulting arm of UMMS. Also, UMMS partners with MassBiologics in scientific collaborations, technology management and creating partnerships for the development of products for the benefit of patients.  These valued partnerships help us to provide services and programs to help meet our needs at UMMS and the public.
  • Proud Contributors - People at UMMS enjoy the feeling of going to work every day knowing what they do is truly important and worthwhile.
  • Complementary and Inseparable - These varied parts of our mission and culture are complementary and inseparable.                 

Careers

UMMS, the state’s first and only public academic health sciences center, educates physicians, scientists and advanced practice nurses to heal, discover, teach and care, with compassion.  UMMS is a world-class institution with opportunities to match. 

Competitive Compensation – UMMS offers salaries that are competitive with Worcester-area employers. When combined with our generous benefits, perks, and paid time off, many job seekers are surprised to find a total rewards package that matches or exceeds their current situation.

Targeted Hiring Process – At UMMS, there are actually multiple hiring processes for different segments of our workforce.  In nearly all cases, UMMS hiring process is decentralized, with qualified candidates screened and referred to an academic officer or manager with hiring authority.

24/7 Access to Employment Opportunities – iCIMS is our online job search and application system.  iCIMS is available 24/7 to provide you with a convenient and up-to-date view of the available employment opportunities across our campuses. Updates are made daily and include all faculty and non-faculty position listings from every school and department within the UMMS. When you identify a position you are interested in and qualified for, apply online. New opportunities become available frequently so it pays to check back often!

Benefits

With outstanding benefits, competitive pay, extensive learning opportunities, and a stimulating and attractive work environment, UMMS may be exactly the employer you’ve been looking for.

• Superior Benefits - UMMS offers a wide range of benefits and perks that invite comparison with the best employers in the Worcester area – and with academic institutions anywhere. UMMS provides superior medical and dental coverage for you and your family, fully funded retirement plans, generous time off, a Tuition Assistance Plan – and much more.

• People Centered - UMMS is an employer, but it is also a community. Its comprehensive medical and dental benefits, retirement plans, and even paid holidays reflect an institution built around people, with a deep respect for their differences and needs.

• Commitment to Healthy Living - UMMS provides resources to help you balance work and life and encourages healthy living through great programs and discounts for fitness, physical activity, weight management, nutritional counseling and general wellness available through our health insurance plans.

• Breadth of Offerings - Above all, the breadth of UMMS offerings set the School apart and makes it an environment favored by all sorts of smart, career-savvy people.

Apply for a Job

As an equal opportunity and affirmative action employer, UMMS recognizes the power of a diverse community and encourages applications from individuals with varied experiences, perspectives and backgrounds.

Online - To view all job opportunities and apply online, visit www.umassmed.edu/hr and click on the “Careers” tab.

Start Now and Realize Your Opportunities!

A History of Making Vital Improvements - UMASS Medical School Milestones

1962: Legislation establishes University of Massachusetts Medical School
1970: First medical students begin classes in Shaw Building
1974: First class graduates 16 MDs
1979: PhD program begins
1986: Graduate School of Nursing opens
1986: PhD program becomes Graduate School of Biomedical Sciences
1994: Graduate School of Nursing initiates PhD program
1998: UMass Clinical System and Memorial Health Care merge to form UMass Memorial Health Care
2001: Lazare Research Building opens
2002: Campus Modernization begins on the University Campus
2004: Graduate Entry Pathway Program established at the Graduate School of Nursing
2005: PhD Program in Clinical & Population Health Research established at the Graduate School of Biomedical Sciences
2005: Massachusetts Biologic Laboratories opens new manufacturing and filling facility in Mattapan
2006: Craig Mello, PhD, Blais University Chair in Molecular Medicine and Howard Hughes Medical Institute Investigator, is awarded the Medical School's first Nobel Prize. Dr. Mello shared the 2006 Nobel Prize in Physiology or Medicine with Andrew Fire, PhD, of Stanford University, for their discoveries related to RNA interference.
2007: Michael F. Collins, MD, is named chancellor and Terence R. Flotte, MD, is named dean of the School of Medicine.  
2009: Groundbreaking for the Albert Sherman Center, a 500,000-square-foot research and education facility slated for completion in 2012.
2010: Ambulatory Care Center opens
2012: The Albert Sherman Center, a 500,000-square-foot research and education facility, completed and opens

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