Rate Setting Financial Analyst
Listed on 2026-08-04
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Business
Financial Analyst
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Department of Health and Human Services (DHHS)Public Service Coordinator I
Opening Date:
July 31, 2026
Closing Date:
August 13, 2026
Job Class Code: CA28
Grade: 28 (Confidential)
Salary: $66,206.40 - $94,057.60 per year
Position Number:
Location:
Augusta
This position allows for partial telework with management approval.
Currently, this position is not eligible for visa sponsorship or STEM OPT extensions.
Core Responsibilities- Research and analyze cost and financial data from various sources and determine appropriate rates and cost charges for services.
- Produce updated fee schedules on an annual basis, or on an ad hoc basis as rates are updated.
- Create fiscal impact analysis of potential annual rate changes, provider rate requests, and Legislative bills for changes in Maine Care Reimbursement.
- Create rate letters when a reimbursement methodology indicates that provider-specific rates are appropriate.
- Be responsible for providing DHHS administration with analysis of reimbursement rates associated with Maine Care and other Department programs.
- Work with program staff from OMS Policy, Provider Relations, Care Coordination, Delivery System Reform, and other OMS units, and also from other DHHS Offices, to develop and implement rate-setting methodologies and assumptions used to develop and authorize payments to providers for services delivered to Maine Care members.
- Be responsible for determining financial impact to the Department regarding proposed changes in reimbursement methods and/or levels.
- Supervise and cross-train other Rate Setting staff.
- Participate in the review and development of rate models and Alternative Payment Methodologies.
- Act as the Department's subject matter expert on rate models and rate model elements as part of the Rate Reform process.
- Cover meetings when the Manager of Rate Setting is unavailable, acting as a subject matter expert.
To qualify, you must have an eight (8) year combination of education and/or experience comprised of a Master's Degree in Business Administration, Non-Profit Administration, Finance, or a closely related field and two (2) years of experience in cost, budget, and financial analysis. Directly related professional experience may be substituted for education on a year-for-year basis.
Preferred experience includes- Experience with and knowledge of the Medicaid program and/or other health and human services programs serving low-income populations.
- Lived experience with Medicaid and/or other health-related social needs common to individuals and families receiving Medicaid coverage.
- A thorough knowledge of the Governmental Accounting Standards Board's Generally Accepted Accounting Principles (GASB/GAAP) evidenced through formal education and practical experience at the professional level.
- An established record of managing complex fiscal issues with successful outcomes.
- Ability to successfully partner with financial and program staff to achieve common goals.
- Ability to research law, regulations, and Medicaid policies to provide sound advice and recommendations to executive managers.
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Agency informationThe Department of Health and Human Services (DHHS) is dedicated to promoting health, safety, resilience, and opportunity for Maine people. The Department provides health and social services to approximately a third of the State's population, including children, families, older Mainers, and individuals with disabilities, mental illness, and substance use disorders. The Department also promotes public health, operates two state psychiatric hospitals, and provides oversight to health care providers.
The Office of Maine Care Services (OMS) within DHHS administers the state's Medicaid program, which provides free or low-cost health insurance coverage for low-income Mainers so they can access the health care services they need to work, care for family, go to school, and participate in the community. OMS works collaboratively with other State agencies, the Legislature, the Office of the Governor, Maine Care members, health care providers, and other health care purchasers on statewide healthcare improvement initiatives.
OMS is committed to advancing health equity efforts to improve access to care and positive health outcomes for all low-income Mainers. OMS provides…
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