State of Connecticut · 2 days ago
Principal Cost Analyst Hybrid #260107-6328AR-100
Hartford, CT
Full-time
Hybrid
Lead/Staff
8+ years expThe State of Connecticut is seeking a Principal Cost Analyst to join their Department of Social Services. This role focuses on the development and implementation of Medicaid reimbursement methodologies and involves consulting with health care facilities and state leadership.
Government Administration
Responsibilities
Plans unit workflow and determines priorities
Schedules, assigns, oversees and reviews work
Establishes and maintains unit procedures
Provides staff training and assistance
Conducts or assists in conducting performance evaluations
Acts as liaison with operating units, agencies and outside officials regarding unit policies and procedures
May make recommendations on policies or standards
May prepare reports and correspondence
Performs related duties as required
Monitors a team of accountants engaged in cost analysis work of determining per diem rates of reimbursement for Medicaid supported patients or carries out such responsibilities directly
Consults with and advises administrators of facilities in preparation and presentation of financial and cost finding reports
Analyzes and interprets cost reports and recommended reimbursement rates to administrators
Attends and participates in appeals hearings for purpose of performing continuous evaluation of cost trends by analyzing facility expenditures and/or adjustments of expenditures in terms of need, policies, financial objectives and legal requirements and recommends appropriate action
Performs related duties as required
Qualification
Required
Experience in technical work in cost accounting or fiscal management
Proficiency in Medicaid reimbursement, especially in one or more of the following: value-based payment methods, hospital reimbursement, and fee for service
Eight (8) years of experience in technical work in cost accounting or fiscal management
One (1) year of the General Experience must have been in an advanced professional capacity recommending cost funding policies in a medical, intergovernmental or quasi-public setting
Considerable knowledge of principles and practices of business administration
Considerable knowledge of principles and techniques of health care budgeting, budget control and cost accounting
Knowledge of research techniques and statistical principles and procedures
Considerable interpersonal skills
Considerable oral and written communication skills
Considerable ability to interpret costing and reporting regulations
Ability to utilize computer software
Supervisory ability
Preferred
Experience in fiscal analysis, cost reporting, ability to synthesize complex financial data and to clearly and effectively convey information both verbally and in writing, listen actively, and adapt communication style to different situations
Experience independently performing highly complex cost, financial analysis functions for calculating Medicaid reimbursement methods
Experience analyzing claims data, provider financial data, and cost reports
Experience with interpersonal, verbal and written communication skills
Experience interpreting and applying federal and state laws and regulations
Experience with Medicaid payment and financing policy, including: fee-for-service, global / bundled payment methods, value-based payments, care transformation, hospital reimbursements
Benefits
Professional growth and development opportunities.
A healthy work/life balance to all employees.
The State of Connecticut is an eligible Public Service Loan Forgiveness employer, meaning you may be eligible to have qualifying student loans forgiven after 10 years of service.
Company
State of Connecticut
The State of Connecticut – Executive Branch employs thousands of dedicated professionals, committed to providing a safe and thriving environment for our community, and visitors.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Heidi B. Pugliese MSN, RN
Chief Executive Officer
Nicole Hernandez
Regional Chief Operating Officer
Company data provided by crunchbase