Provider Contract/Cost of Care Consultant jobs in United States
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Elevance Health · 4 days ago

Provider Contract/Cost of Care Consultant

Elevance Health is a health company dedicated to improving lives and communities. The Provider Contract/Cost of Care Consultant provides analytical support to the Cost of Care and Provider Contracting organizations, focusing on lowering claims costs and improving quality of care.

Health CareHealth InsurancePersonal HealthWellness
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H1B Sponsor Likelynote

Responsibilities

Uses analytic tools to track both health risks and compliance, as well as supporting the contract negotiation process
Performs sophisticated retrospective data analytics
Builds new and modifies existing complex models to create predictive impact decision making tools
Performs healthcare cost analysis to identify strategies to control costs
Projects cost increases in medical services by using analytic techniques for PMPM trending via multiple variable analysis
Performs modeling to compare various contract scenarios based on member utilization patterns and 'what if' logic
Researches the financial profitability/stability and competitive environment of providers to determine impact of proposed rates
Projects different cost of savings targets based upon various analytics
Identifies cost of care savings opportunities by analyzing practice patterns in relation to office visits, referral practices, and specialty care procedures
Recommends policy changes and claims system changes to pursue cost savings
Reviews results post-implementation to ensure projected cost savings are realized and recommends modifications as applicable
Recommends standardized practices to optimize cost of care
Educates provider contractors on contracting analytics from a financial impact perspective
Recommends alternative contract language and may go on-site to provider premises during contract negotiations
Participates on project team involved with enterprise-wide initiatives
Acts as a source of direction, training and guidance for less experienced staff

Qualification

Data analyticsStatistical analysisHealthcare modelingSQLCost of care analysisProblem-solvingOrganizational skillsPresentation skills

Required

Requires BS/BA degree in Mathematics, Statistics, or related field
Minimum of 5 years of experience in broad-based analytical, managed care payor or provider environment
Considerable experience in statistical analysis and healthcare modeling
Any combination of education and experience, which would provide an equivalent background

Preferred

Duals experience highly preferred
Proficiency in data manipulation tools such as SQL, SAS, or similar highly preferred
Exceptional analytical, organizational, presentation, and problem-solving skills preferred
Cost of care analysis knowledge preferred

Benefits

Merit increases
Paid holidays
Paid Time Off
Incentive bonus programs
Medical
Dental
Vision
Short and long term disability benefits
401(k) +match
Stock purchase plan
Life insurance
Wellness programs
Financial education resources

Company

Elevance Health

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Elevance Health is an integrated whole-health approach to help people in health journey and address their full range of needs.

H1B Sponsorship

Elevance Health has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (488)
2024 (604)
2023 (660)
2022 (222)

Funding

Current Stage
Public Company
Total Funding
unknown
2001-10-30IPO

Leadership Team

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Gail K. Boudreaux
President and CEO
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Geeta Wilson
Chief Technology Officer (CTO): Digital Health and Service Experience Platforms
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Company data provided by crunchbase