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CVS Health · 12 hours ago

Analyst, Value Based Contracting

Hartford, CT

Full-time

Hybrid

Entry Level

$44K/yr - $94K/yr

1+ years exp

CVS Health is the nation’s leading health solutions company, dedicated to transforming health care for millions of Americans. The Value-Based Contracting Analyst will support network teams in implementing and administering Value Based Contracting agreements, ensuring the tracking of incentive payment commitments and collaborating with various stakeholders to meet contractual obligations.

Health CareMedicalPharmaceuticalRetailSales

Responsibilities

Support network teams on implementation and administration of Value Based Contracting (VBC) agreements

Ensure proactive tracking and facilitating of meeting VBC agreement incentive payment commitments throughout the contract life cycle

Work with data manipulation and reporting as needed to support increasingly complex requirements to support these deals

Take ownership of your portfolio of markets and deals

Work collaboratively with negotiators and Network managers as well as Value-Based Contracting VBC partners

Ensure we meet our contractual commitments

Administer incentive payments

Assist in pre-deal evaluation and make recommendations

Lead enhancements projects and projects manage process improvements

Serve as a SME on complex questions and guide and train other team members as needed

Accountable for analysis of medical costs across lines of business

Supporting data for the right pricing and to develop medical cost savings initiatives

Partner with a wide range of business units across the enterprise including other Value-Based Contracting areas and Negotiators

Qualification

SQLRelational databasesMicrosoft OfficeAnalytical skillsSASProblem solvingCommunication skillsCritical thinkingAdaptability

Required

At least 1 year of professional work experience in finance or managed care

Bachelor's degree required or equivalent experience

Preferred

Be able to work in a fast-paced environment and meet tight deadlines

Strong analytical, critical thinking, problem solving and communication skills

Be able to communicate effectively with a diverse audience

Be resourceful and can quickly and successfully adapt to change

Working knowledge of SQL and relational databases

Exposure to SAS or other web-query based programs

Advanced skills in Microsoft Office Products (Excel, PowerPoint, Access)

Benefits

Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.