Rate Analyst jobs in Rhode Island

Rate Analyst monitors, reviews, and evaluates service rates and charges for various public utilities. Calculates cost-of-service and performs related rate analysis. Being a Rate Analyst ensures filings comply with the Federal Energy Regulatory Commission requirements. Typically requires a bachelor's degree of business administration or related field. Additionally, Rate Analyst typically reports to a manager or head of a unit/department. The Rate Analyst gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Rate Analyst typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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SENIOR RATE ANALYST (COMMUNITY BASED SERVICES)
  • State of Rhode Island
  • Cranston, RI OTHER
  • GENERAL STATEMENT OF DUTIES:  To be responsible for conducting the more difficult and/or complex desk and field audits of the financial records of  community based providers of services such as convalescent, nursing and rest  homes, centers and services for individuals with substance use-related issues, and people with an intellectual and developmental disability to determine compliance with the provisions of the contract  with the state and the established rates of reimbursement included therein  and to identify any recoverable overpayments; to assist a superior in  carrying out several of its assigned areas of responsibility; as required, to  provide guidance and direction to rate analysts engaged in conducting routine  audits; and to do related work as required.
    SUPERVISION RECEIVED:  Works under the general supervision of a superior with considerable latitude in the exercise of initiative and independent judgement; assignments are received in outline form and are reviewed upon completion through conferences and submitted reports for results obtained and conformance to laws, departmental policies, objectives, rules and  regulations.
    SUPERVISION EXERCISED:  As assigned, may plan, supervise and review the work of a staff of professional and clerical subordinates.
     
    • To be responsible for conducting the more difficult and/or complex desk and field audits of the financial records of community based providers of services such as convalescent, nursing and rest homes, centers and services for individuals with substance use-related issues, and people with an intellectual and developmental disability to determine compliance with the various provisions of the contract signed with the state and the established rates of reimbursement included therein for such services and to identify any recoverable overpayments as well as submit recommendations involving such rates of reimbursement under the contract and their projected applicability or modification under a renewal contract. 
    • To confer with provider representatives such as independent accountants, lawyers and employees to discuss questions on cost and financial reports submitted by providers' accountant/auditor, questions to lawyers on legal bills or services rendered by them, interviews with employees to verify allocation of administrative costs, conferences with providers and/or accountants regarding legitimacy of accepting specific items as legitimate cost expenditures, and other comparable questions or conferences designed to resolve problems of rate reimbursement.
    • To review and analyze provider annual cost reports to determine reasonableness of costs for past periods and a basis of projected costs for any new contractual year.
    • To assist a superior in carrying out several of its assigned cases of responsibility such as: projecting and establishing cost rates for new providers of services; providing assistance, as required, in setting up and maintaining financial and other cost oriented records in conformity with state guidelines and contractual agreements; participating in liaison and negotiator functions in the development of principles of reimbursement with various departmental program agencies by sitting down with divisional heads and discussing what will be accepted as legitimate cost expenditures for services provided; participating in the design and/or revision of various annual cost reporting forms and other budgetary documents; scheduling and participating in conferences with providers' fiscal representatives upon contract expiration to review results of the rate setting processes and in negotiating recoveries of any determined overpayments; and in collecting statistical and research data on provider costs and in developing such data for the purpose of preparing comparative studies for intra-departmental purposes. As required, to provide guidance and direction to rate analysts engaged in conducting routine and/or less complex audits of financial records of various providers of community-based services.
    • To do related work as required.
    KNOWLEDGE, SKILLS AND CAPACITIES:  A thorough knowledge of the principles and practices of accounting and auditing and the ability to apply such knowledge  in conducting audits of financial records of community based providers of  services and in providing assistance and guidance to such providers in  establishing and maintaining proper financial and other costs oriented  records; a working knowledge of the functions and operations of community  based providers of services such as convalescent, nursing and rest homes,  centers and services for individuals with substance use-related issues, and people with an intellectual and developmental disability; a working knowledge of the laws, rules and regulations  governing per diem rates paid to community based homes, centers and services  for patient and client care and treatment and the ability to apply such  knowledge in establishing appropriate principles of reimbursement, funding  principles and rate schedules; the ability to assist a superior in projecting  and establishing cost rates, collecting statistical and research data on  patient and client care costs, and preparing comparative studies and  analyses, projected costs of departmental programs, and rate schedule  adjustments; the ability to establish and maintain effective working  relationships with superiors, providers of community based services and/or  their representatives and their employees; the ability to provide guidance,  direction and supervision to rate analysts; and related capacities and  abilities.
     
    EDUCATION AND EXPERIENCE:
     
    Education:  Such as may have been gained through:  graduation from a college of recognized standing with specialization in accounting or business administration; and
    Experience:  Such as may have been gained through:  employment in a responsible accounting or auditing position in a hospital, extended care facility, or centers for people with an intellectual and developmental disability including experience in a rate setting unit or involving rate analysis of patient care services.
    Or, any combination of education and experience that shall be substantially equivalent to the above education and experience.
     
     
    Reconciliation of RIFANS transaction data to prepare cost schedule workpapers, allocations & cost centers for the processing of financial reports including but not limited to the Medicare cost report for Eleanor Slater Hospital and the annual cost report for RICLAS. 
    Development of journals to correct transaction data and/or charge other BHDDH divisions or state entities as needed Knowledge of Medicare Cost Report, Cost Allocations, Federal and State reimbursement principles are preferred.
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Flat Rate Technician
  • Infiniti of Warwick
  • Warwick, RI FULL_TIME
  • Infiniti of Warwick, a Penske Automotive Group dealership, is looking for an experienced, Flat Rate Technician to join our team and deliver extraordinary customer experiences. JOIN OUR TEAM At Penske ...
  • 12 Days Ago

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Flat Rate Technician
  • MINI of Warwick
  • Warwick, RI FULL_TIME
  • MINI of Warwick, a Penske Automotive Group dealership, is looking for an experienced, Flat Rate Technician to join our team and deliver extraordinary customer experiences. *Up to $10,000 Sign-on bonus...
  • 20 Days Ago

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Flat Rate Detailer
  • Inskip Collision Center
  • Warwick, RI FULL_TIME
  • Mercedes-Benz of Fairfield, a Penske Automotive Group dealership, is looking for a motivated and hard-working Detailer to join our team and deliver extraordinary customer experiences. JOIN OUR TEAM At...
  • 26 Days Ago

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Experienced professional Flat Rate A Technician
  • BMW of Newport
  • Johnston, RI FULL_TIME
  • Large, high volumn Honda service department looking for an experienced Honda A Technician. We offer competative wages, 401K, medical and paid time off. Qualifications OtherAbility to read and comprehe...
  • 4 Days Ago

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Auto Body Repair Technician - Flat Rate
  • Balise Collision Repair
  • Warwick, RI FULL_TIME
  • Job details Job title: Auto Body Repair Technician Company: Balise Collision Repair Qualifications•While performing the duties of this job, the employee is regularly required to sit, stand, walk, use ...
  • 11 Days Ago

Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Rate Analyst jobs
$91,182 to $112,070

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