Cost Allocation Contractor

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. Apply tot his job Apply To this Job