Financial Consultant, Certified Community Behavioral Health Clinics (CCBHC) - Indianapolis Health

Overview

Milliman's Indianapolis Health practice is seeking an experienced Financial Consultant, Certified Community Behavioral Health Clinics (CCBHC) to manage our cost report review work with Medicaid state agencies. The Financial Consultant, CCBHC should have strong familiarity with the federal CCBHC Cost Report template in order to provide expert support to Certified Community Behavioral Health Clinics in the preparation, review, and revision of cost reports. This role is responsible for ensuring compliance with federal and state regulations, identifying opportunities for operational improvement, and delivering actionable recommendations to clients. The ideal candidate has a strong background in healthcare finance, cost reporting, and a commitment to advancing behavioral health services. The candidate should be able to understand and glean insight from the financial data that will help Medicaid state agencies in managing their programs efficiently and making informed policy and program decisions. They should also be able to communicate insights in a clear and professional manner. The Financial Consultant, CCBHC will be part of a dynamic client delivery team and receive mentoring from colleagues.

Responsibilities

In this role, you will:

• Interpret federal and state guidelines related to CCBHC reimbursement, including Medicaid PPS and grant funding
• Keep abreast of changes in regulations and reimbursement methodologies, sharing insights with clients and internal teams
• Develop and deliver educational materials and training sessions for CCBHCs on CCBHC cost reporting best practices
• Advise on direct service cost reporting, expense reclassification, anticipated costs, cost allocation methodologies, and documentation requirements
• Review and analyze CCBHC cost reports for accuracy, completeness, and regulatory compliance
• Assess cost reporting for internal consistency and consistency with audited financial statements, financial status reports, and encounter data
• Identify cost reporting discrepancies, provide corrective recommendations, and review remediated resubmissions from CCBHCs
• Collaborate with clinical, financial, and operational leaders to improve accuracy and consistency of reporting, and to identify where anticipated costs reporting may not align with CCBHC requirements
• Prepare detailed findings and recommendations in written reports and presentations for client leadership
• Respond to inquiries from regulatory agencies as needed

Qualifications

• Proficiency with cost reporting software
• Advanced Excel skills
• Strong analytical, critical thinking, and problem-solving skills
• Commitment to continuous learning and demonstration of learning agility
• Strong written and oral communication, and interpersonal skills
• Ability to effectively manage multiple projects in a fast-paced, deadline-driven environment
• Basic knowledge of Gen AI tools, how to utilize AI to enhance productivity, and potential ethical considerations or concerns

Required

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• 3+ years of experience in healthcare financial consulting, cost reporting, or related roles
• Deep understanding of CCBHC cost reporting and program requirements, Medicaid reimbursement, and behavioral health finance

Preferred

• Master's degree in Accounting, Finance, Business Administration, or a related field
• Active Certified Public Accountant (CPA) license

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

The Team

The Indianapolis Health Practice is strategically structured to serve state Medicaid agencies and other health and human services agencies. The Financial Reporting team works in close collaboration with professionals from our core state Medicaid teams to best serve each of our state clients' unique needs. As a new addition to our team, you will work in a matrix environment learning from seasoned consultants on a variety of financial reporting projects. Our dynamic team of consultants, accounting professionals, software engineers, and analysts provide our clients with regulatory and contractual financial reporting support and insight.

Location

The person hired for this role will work in a dynamic, hybrid environment, with 2 to 3 days per week of on-site work required in our Indianapolis office on a weekly basis.

Compensation

The overall salary range for this role is $78,800 - $154,500. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc. In addition, we offer a performance-based bonus-plan, profit sharing, and generous benefits.

• $78,800 - $126,200 if overall experience is less than 5 years; and
• $93,700 - $154,500 for experience greater than 5 years.

Benefits

We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners
• Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges
• 401(k) Plan - Includes a company matching program and profit-sharing contributions
• Discretionary Bonus Program - Recognizing employee contributions
• Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses
• Paid Time Off (PTO) - Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
• Holidays - A minimum of 10 observed holidays per year
• Family Building Benefits including Adoption and fertility assistance
• Paid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteria
• Life Insurance & AD&D - 100% of premiums covered by Milliman
• Short-Term and Long-Term Disability - Fully paid by Milliman

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG's) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site https://www.milliman.com/en/social-impact to learn more about Milliman's commitments to our people, diversity and inclusion, social impact and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

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