Cost Allocation Contractor

🌍 Remote, USA 💹 Full-time 🕐 Posted Recently

Job Description

Cost Allocation Contractor Job Description

Are you a seasoned expert in Medicaid Cost Allocation and looking to leverage your expertise with a respected organization?

Look no further!

    What You'll Do...
  • Review Cost Allocation Plan (CAP) submissions to ensure they meet federal guidelines, including drafting necessary narrative edits.
  • Identify and optimize opportunities to increase federal funding and enhance software configurations as required.
  • Assist in calculating cost impacts related to CAP updates.
  • Provide support to the Comptroller in addressing inquiries from Cost Allocation Services and CMS about CAP submissions.
  • Deliver annual on-site training, focused on Medicaid cost allocation principles, for at least four hours.
  • Answer questions from DOM’s Senior Leadership on the applicability of cost allocation and federal administrative claiming principles.
  • Update AlloCAP software to maximize effectiveness and facilitate issue identification.
  • Maintain AlloCAP software in accordance with state administrative software updates such as MAGIC, SPAHRS, and Workday.

Note: The initial contract spans three years, with no renewal options, requiring execution of a Business Associate Agreement (BAA) with DOM.

    Required Skills & Experience
  • Minimum five years of professional experience in Medicaid Cost Allocation Plan (CAP) methodologies.
  • Proficiency in applying federal administrative cost claiming principles.
  • Depth of knowledge in federal regulations, including 2 CFR 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
  • Expertise in configuring and updating the AlloCAP software system.

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