The Cost Reporting Manager of Franciscan reviews and prepares third-party cost reports and other associated filings, and calculates third-party cost reserves on a monthly and annual basis for all the System facilities. This position, also, provides ongoing updates, modeling, and recommendations to the Administrative Director Governmental and Cost Reimbursement. This management role has in-depth knowledge of Medicare/Medicaid rules and regulations, to prepare the necessary reports for the organization.
WHO WE ARE
Franciscan Health is a leading healthcare organization dedicated to providing exceptional patient care and promoting health and wellness in our community. Our mission is to ensure that every patient receives the highest quality of care through innovation, compassion, and excellence. With 11 ministries and access points across Indiana, Franciscan Health is one of the largest Catholic health care systems in the Midwest. Franciscan Health takes pride in hiring coworkers who provide compassionate, comprehensive care for our patients and the communities we serve.
WHAT YOU CAN EXPECT
Prepare, analyze, and review Franciscan Alliance's annual Medicare and Medicaid cost reports for accuracy, and make recommendations to optimize Franciscan Alliance's reimbursement under the Medicare/Medicaid program regulations.
Monitor changes in DRG reimbursement; rates, weightings, various indexes, cost outliers, and capital and updates DRG profiles to ensure compliance with the federal register.
Develop system-wide cost reports for socialization with Franciscan Alliance executive leadership.
Conducts multi-year forecasts of government reimbursement programs.
Ensure cost reports are prepared in accordance with federal and state regulations.
QUALIFICATIONS
Bachelor's Degree Accounting, Finance, Business or related field - Required
Master's Degree Accounting, Finance, Business or related - Preferred
5 years Healthcare reimbursement, Medicare, Medicaid and cost reporting experience - Required
Healthcare - Required
TRAVEL IS REQUIRED:
EQUAL OPPORTUNITY EMPLOYER
It is the policy of Franciscan Alliance to provide equal employment to its employees and qualified applicants for employment as otherwise required by an applicable local, state or Federal law.
Franciscan Alliance reserves a Right of Conscience objection in the event local, state or Federal ordinances that violate its values and the free exercise of its religious rights.
Franciscan Alliance is committed to equal employment opportunity.
Franciscan provides eligible employees with comprehensive benefit offerings. Find an overview on the benefit section of our career site, jobs.franciscanhealth.org.
Skills Required
- Bachelor's Degree in Accounting, Finance, Business or related field
- Master's Degree in Accounting, Finance, Business or related field
- Minimum 5 years healthcare reimbursement, Medicare, Medicaid, and cost reporting experience
- Healthcare experience
- In-depth knowledge of Medicare and Medicaid rules and regulations
Franciscan Health Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Franciscan Health and has not been reviewed or approved by Franciscan Health.
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Healthcare Strength — Benefits include medical, dental, and vision with broad network options, plus added savings when using system hospitals, labs, imaging, pharmacies, and physicians. Feedback suggests health coverage is solid, though not best-in-class.
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Retirement Support — An employer-funded retirement contribution is available alongside 403(b) and 457(b) options with defined eligibility and vesting. Feedback suggests this structure supports long-term savings across many roles.
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Leave & Time Off Breadth — PTO accrues with service and certain provider roles cite robust allotted time off and CME. Feedback suggests the presence of EAP and additional programs adds breadth to time-away support.
Franciscan Health Insights
What We Do
The Franciscan Alliance healthcare ministry began in Lafayette, Ind., in 1875. Today, Franciscan Alliance is one of the largest Catholic health care systems in the Midwest with 12 hospital campuses in Indiana and Illinois, approximately 20,000 employees and a number of nationally recognized Centers of Health Care Excellence. Hospitals include: Franciscan Health Crown Point, Franciscan Health Michigan City, Franciscan Health Crawfordsville, Franciscan Health Lafayette East, Franciscan Health Indianapolis, Franciscan Health Carmel, Franciscan Health Rensselaer, Franciscan Health Mooresville, Franciscan Health Hammond, Franciscan Health Dyer, Franciscan Health Munster and Franciscan Beacon Hospital in Indiana; and Franciscan Health Olympia Fields in Illinois. For more information, visit FranciscanHealth.org. With more than 850 primary and specialty care providers at over 260 locations in Indiana and Illinois, Franciscan Physician Network is one of the largest and most respected multi-specialty physician networks in the Midwest providing convenient, comprehensive care
