Duration:
3 years
Position Description
Our client is seeking a Cost Allocation Contractor. This contractor will assist with the Cost Allocation Plan (CAP) as described below.
Provide the following:
- Review Cost Allocation Plan (CAP) submissions to ensure compliance with federal regulations including drafting CAP narrative edits (the client 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 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.)
Required Skills/Experience:
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.
- 2 CFR 200 Uniform Administrative Requirements
- Cost Principles
- Audit Requirements for Federal Awards.
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