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Medical Reimbursement Specialist

United States, South Weymouth · Job Posted April 05, 2026
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Job Description

We are looking for a skilled Medical Reimbursement Specialist to join our team on a long-term contract basis in South Weymouth, Massachusetts. In this role, you will play a vital part in supporting hospital financial operations by analyzing reimbursement processes, maintaining accurate records, and ensuring compliance with regulatory standards. This position requires a strong background in hospital billing, revenue analysis, and financial reporting.

Job Responsibility

  • Analyze monthly revenue performance against budget and investigate variances related to reimbursement, volume, and charges
  • Prepare and post journal entries for contractual allowances in Accounts Receivable, ensuring accurate reconciliations
  • Collaborate with finance and departmental teams to develop and support the annual hospital budget
  • Assist in the creation of presentations for hospital leadership, providing insights into financial performance
  • Direct the preparation and filing of third-party cost reports and regulatory documentation
  • Support annual audits by preparing necessary financial data and ensuring compliance with audit standards
  • Extract and analyze data from systems such as Experian and Strata to assist in budgeting, forecasting, and productivity modeling
  • Identify opportunities to streamline processes and implement improvements to enhance operational efficiency
  • Maintain detailed records and reserves for contractual allowances to ensure financial accuracy

Requirements

  • Proven experience in hospital billing and insurance reimbursement processes
  • Strong knowledge of Explanation of Benefits (EOB) and medical payment posting
  • Proficiency in analyzing financial data and preparing reports
  • Familiarity with systems such as Experian and Strata for data extraction and analysis
  • Ability to research and explain financial variances in revenue and charges
  • Experience with preparing journal entries and conducting reconciliations
  • Excellent organizational and communication skills to collaborate effectively with cross-functional teams
  • Knowledge of regulatory requirements and processes for third-party cost reporting

What we offer

  • medical, vision, dental, and life and disability insurance
  • eligible to enroll in our company 401(k) plan

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