What are the responsibilities and job description for the Senior Medicaid Financial Analyst position at HighCloud Solutions?
Title: Senior Medicaid Financial Analyst
Location: Pierre, SD (Hybrid)
Duration: Long Term
Scope of Work
DSS is seeking a qualified vendor to provide technical support and analysis of South Dakota Medicaid’s Disproportionate Share Hospital (DSH) supplemental payment program.
Activities include but are not limited to:
- Assess recent court decisions and changes/clarifications of federal policy and the potential impact to South Dakota Medicaid.
- Assess appropriateness of resubmissions for State Plan as necessary.
- Evaluate and recommend improvements to current administration of South Dakota Medicaid’s DSH supplemental payments, including potential changes to the size and scope of the program.
- Assist with DSH program audits.
- Collection of the necessary information and documents from qualified and eligible providers required to calculate DSH payments.
- Calculation of DSH rates and payments.
- Draft a DSH Payment Schedule for the upcoming State Fiscal Year.
- Develop and provide education to participating hospitals on DSH requirements, data, sources, and survey tools.
- Identify the necessary artifacts, information, and documentation necessary to calculate DSH payments according to federal and State rules and regulations.
- Provide the State with proposed communication to eligible hospitals regarding the proposed methodology, data collection process, and deadlines for hospitals to submit data for the DSH payment calculation. The State must approve all communication prior to outreach to hospitals.
- Gather necessary data applicable to the year under review from eligible hospitals, DSS, and other sources.
- Review data for reasonableness and accuracy.
- Resolve any discrepancies in data with hospitals and DSS.
- Calculate the DSH payment model for the year under review and review and discuss the draft payment model with DSS.
- Perform any modification to the payment model calculation requested by DSS.
- Provide DSS with final payment model calculations in the manner specified by DSS.
- Develop and provide education to DSH eligible hospitals on DSH requirements, data sources, and survey tools, as well as best practices for hospitals related to documentation of DSH eligibility.
- Ensure overall project quality in adherence to proven standards and methodologies.
- Ensure the work activities are completed on time