Developing financing plans and finding funding sources in early education and child care are a major challenge for state and local officials, as well as members of community-based organizations. They are faced with identifying and accessing federal funds to help meet program goals. Program directors are continually adjusting or expanding an array of funds used to support their programs. The range of funds can include state and local dollars, federal dollars, and/or other private resources that support the program.
PCG provides finance consulting services and products that offer a significant long-term return on investment. Our client benefits include the generation of new revenue and greater cost participation, and improved accountability and consistent operations. Both can, in the long run, improve accountability and service provisions to families.
- Analysis and Revisions of State Policies, Procedures, and Operations
PCG has successfully helped states review and revise state policies and procedures to maximize reimbursements from commercial insurance and Medicaid. We do this by conducting “as is” and “to be” feasibility studies of current operations.
- Market Rate Studies
PCG conducts statewide market rate studies and accompanying data analysis to help states ensure affordability and accessibility of early childhood services.
- Financial Analysis, Cost Reporting and Rate Setting
PCG has extensive experience supporting state and local clients in following Office of Management and Budget (OMB) A-87 (2 CFR Part 225) and the new Uniform Administrative Requirements, Cost Principles, and Audit Requirements (2 CFR Part 200) in addition to Medicaid rules for services such as Early Intervention (Part C) and specialized home visiting services. We have significant experience in guiding states on EI and preschool program allowable cost, and assisting with setting competitive rates for services provided.