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Rate Setting Financial Analyst

Job in Augusta, Kennebec County, Maine, 04338, USA
Listing for: State of Maine
Full Time position
Listed on 2026-08-04
Job specializations:
  • Business
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 66206 - 94057 USD Yearly USD 66206.00 94057.00 YEAR
Job Description & How to Apply Below

If you are a current State of Maine employee, please submit your application through the internal application process using the Find Jobs report in PRISM. Seasonal employees who do not have PRISM access should apply through the State's career page and indicate on the application that they have previously worked for the State.

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.
Minimum Qualifications

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.
The background of well-qualified candidates will demonstrate the following competencies
  • 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.
Thinking about applying?

Research shows that people from historically excluded communities tend to apply to jobs only when they check every box in the posting. If you're currently reading this and hesitating to apply for that reason, we encourage you to go for it! Let us know how your experience and passion set you apart.

Agency information

The 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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