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

Provider Contract/Cost of Care Sr

Elevance Health is a health company dedicated to improving lives and communities, and they are seeking a Provider Contract/Cost of Care Sr to provide analytical support to the Cost of Care organizations. The role focuses on lowering claims costs, improving the quality of care, and increasing member and provider network satisfaction through various data analyses and cost-saving strategies.

Health CareHealth InsurancePersonal HealthWellness
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Responsibilities

Performs varied data analyses which may include: developing moderately complex ROI models and performs healthcare cost analysis to identify strategies to control costs; projecting cost increases in medical services by using analytic techniques for PMPM trending via multiple variable analysis; preparing pre-negotiation analyses to support development of defensible pricing strategies; performing modeling to compare various contract scenarios based on member utilization patterns and 'what if' logic; measuring and evaluating the cost impact of various negotiation proposals; researching the financial profitability/stability and competitive environment of providers to determine impact of proposed rates; and projecting 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 and recommends policy changes and claim's 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
Participates on project team involved with enterprise wide initiatives

Qualification

Data analysisHealthcare modelingSQLExcelStatistical analysisHealthcare industry knowledgePythonR

Required

Requires BS/BA degree in Mathematics, Statistics, or related field
Minimum of 3 years experience in broad-based analytical, managed care payor or provider environment
Experience in statistical analysis and healthcare modeling
Any combination of education and experience which would provide an equivalent background

Preferred

Healthcare Industry highly preferred
High proficiency in SQL and Excel
Data analytics within healthcare industry
Exposure to Python or R
Master's degree 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.

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