Reimbursement Economics Analyst

Job ID: J118384
Company: Highmark Inc
Location: Pittsburgh, PA, United States
Full/Part Time: Full time
Job Type: Regular
Posted at: Apr 3, 2018

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Description

JOB SUMMARY

This job supports Highmark Health's Value-Based Reimbursement, Strategy & Innovation Team. The incumbent works closely with management and other stakeholders to develop, coordinate, and manage analysis accompanying existing and new reimbursement models, as well as provide analysis in the development and support of VBR projects and information required to make effective business decisions, and recommend innovative approaches to VBR models and programming. Serves as a liaison among numerous internal customers, including but not limited to VBR team members, operations, actuary, and advanced analytics and reporting. The incumbent serves as the key link between the design and analytical work in support of VBR initiatives, each related business segment, and functional area partners’ work, with a focus on the creation of a comprehensive suite of reimbursement models that align with enterprise goals and strategic objectives across multiple areas within the enterprise and at AHN and infrastructure and process development to link medical economic related analytics (trend reporting, medical cost, conditions, etc.) with business partner actions, including progress and impact. Functions as point person for all business segment medical economic analytics.  Manages the organizational matrix – specifically business partners and their respective support functions who have accountability to implement initiatives in the portfolio.

ESSENTIAL RESPONSIBILITIES

  • Develop and foster relationships across the enterprise.  Provide analytical and consultative support to a broad spectrum of internal customers and external business partners. Work with reimbursement, actuary, and analytic teams to ensure operational capabilities are built in sync with the strategic roadmap to ensure maximum flexibility and speed to market.
  • Coordinate the oversight and monitoring of the Health Plan’s “Creating Customer Value” operating margin improvement effort, driving cross-functional team work efforts to identify, design, implement and monitor initiatives that improve the Organization’s revenue, claims and administrative expenses
  • Use medical economics experience and knowledge to facilitate idea generation and quantification of savings initiatives (areas of focus include provider contracting, utilization management, care management, risk adjustment, operational efficiencies, product design, etc.).
  • Provide timely insight into claim cost drivers for the business segment leaders and identification of new improvement opportunities.
  • Understand the larger medical cost picture, and create processes to identify and quantify interactions and dependencies of the different initiatives.  
  • Provide assistance and, depending on skill and experience, lead with interpretation of raw data, statistical results or otherwise compiled information, identify follow-up action items and prepare or assist in the preparation of written reports and/or oral presentation of findings to internal and external audiences.
  • Provide superior ability to analyze and forecast effects and implementation of beneficial but complex financial arrangements with new vendor business partners.
  • Help develop and implement improved infrastructure and processes to provide Health Plan and Enterprise management with regular performance scorecards highlighting initiative implementation successes, accountability, and “capture” of initiative benefits, activity, progress and identification of barriers.
  • Consistently work with Health Plan business and functional area partners to develop a pipeline of new initiatives, seeking to achieve our multi-year financial improvement targets. 
  • Serve as a resource for the enterprise on issues related to value-based reimbursement, including impact to organizational strategic efforts and new programs in development at AHN.
  • Other duties as assigned.

EDUCATION

Required

  • Bachelor's Degree

Substitutions

  • None

Preferred

  • Bachelor's Degree in Actuarial Science, Mathematics, Economics or Health Administration

EXPERIENCE

Required

  • 1 - 3 years in the Healthcare Industry
  • 1 - 3 years in Data Analytics
  • 0 - 1 year working on a Cross-Functional Project team

Preferred

  • 1 - 3 years as a Business Analyst
  • 1 - 3 years in Business Intelligence
  • 1 - 3 years in Finance

LICENSES AND CERTIFICATIONS

Required

  • None

Preferred

  • None

SKILLS

  • Analysis of business problems/needs
  • Analytical Skills
  • Collaborative Problem Solving
  • Creative Thinking
  • Mathematics Profiency

Language (Other than English)

None 

Travel Required

0%  - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-Based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Occasionally

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required 

Yes

Lifting: up to 10 pounds

Does Not Apply

Lifting: 10 to 25 pounds

Does Not Apply

Lifting: 25 to 50 pounds

Does Not Apply

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.
EEO is The Law
Equal Opportunity Employer Minorities/Women/ProtectedVeterans/Disabled/Sexual Orientation/Gender Identity (http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf)
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.
For accommodation requests, please call HR Services at 844-242-HR4U or visit HR Services Online at HRServices@highmarkhealth.org

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