Cost Allocation Consultant @ Jackson, MS - REMOTE
Posted 5 days ago by 1752651111
Negotiable
Outside
Remote
USA
Summary: The Cost Allocation Consultant role involves providing expertise to the State of Mississippi's Division of Medicaid in managing and optimizing the Cost Allocation Plan (CAP). The consultant will ensure compliance with federal regulations, assist in cost impact calculations, and provide training on Medicaid-related cost allocation principles. This position is remote but requires onsite training for four hours annually. Candidates with prior state or government client experience are preferred.
Key Responsibilities:
- Review Cost Allocation Plan (CAP) submissions for compliance with federal regulations and draft CAP narrative edits.
- Identify opportunities to increase federal funding and adjust software configurations as necessary.
- Assist with cost impact calculations related to CAP updates.
- Support the Comptroller in responding to inquiries from Cost Allocation Services and Centers for Medicare & Medicaid Services regarding CAP submissions.
- Provide annual onsite training on current cost allocation principles focused on Medicaid topics.
- Address questions from DOM's Senior Leadership regarding cost allocation principles and federal administrative claiming principles.
- Update AlloCAP software to enhance usability and issue identification.
- Make updates to AlloCAP software for changes in state administrative software (MAGIC, SPAHRS, Workday, etc.).
Key Skills:
- Five or more years of experience in Medicaid Cost Allocation Plan (CAP) methodologies.
- Experience in the application of Medicaid Cost Allocation Plan (CAP) methodologies.
- Experience in federal administrative cost claiming.
- Knowledge of federal regulations, including 2 CFR 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
- Experience in updating AlloCAP software configurations and settings.
Salary (Rate): undetermined
City: undetermined
Country: USA
Working Arrangements: remote
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
Cost Allocation Consultant
Jackson, MS - REMOTE
3 Years contract
We are currently hiring candidates who are authorized to work on our W2.
Candidate with previous state/govt client experience is preferred.
Remote but MUST report onsite for four hours of training
The State of Mississippi, Division of Medicaid (DOM), is seeking proposals from interested and qualified professional entities to provide a Cost Allocation Contractor. This contractor will assist DOM with the Cost Allocation Plan (CAP) as described below.
Vendor should provide the following:
- Review Cost Allocation Plan (CAP) submissions to ensure compliance with federal regulations including drafting CAP narrative edits (DOM will submit at least one CAP per year, and may submit two.)
- Identify opportunities to increase federal funding for activities and make changes to software configurations as needed
- Assist with cost impact calculations related to CAP updates
- Assist the Comptroller with responding to questions from Cost Allocation Services and Centers for Medicare & Medicaid Services on CAP submissions
- Provide training on site at least four (4) hours annually on current cost allocation principles, specifically focused on Medicaid topics
- Respond to questions from DOM s Senior Leadership on the applicability of cost allocation principles and federal administrative claiming principles in projects or programs under consideration
- Perform updates to AlloCAP software to optimize use of the software and make identification of issues easier
- Perform updates to AlloCAP software for updates made to state administrative software (MAGIC, SPAHRS, Workday, etc.)
The successful resource will have five or more years of experience in the following area:
- Experience in Medicaid Cost Allocation Plan (CAP) methodologies.
- Experience in application of Medicaid Cost Allocation Plan (CAP) methodologies.
- Experience in federal administrative cost claiming.
- Demonstrate experience in and knowledge of federal regulations, including, but not limited to:
- 2 CFR 200 Uniform Administrative Requirements
- Cost Principles
- Audit Requirements for Federal Awards.
- Experience in updating AlloCAP software configurations and settings.