Senior Analyst, Medical Economics

Job not on LinkedIn

🔥 8 minutes ago

🍂 Massachusetts – Remote

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💵 $47k - $112.2k / year

⏰ Full Time

🟠 Senior

🧐 Analyst

👻 Ghost score 0%

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Logo of CVS Health

CVS Health

10,000+ employees

Founded 1963

🏥 Healthcare

⚕️ Healthcare Insurance

🛒 Retail

Healthcare • Healthcare Insurance • Retail

CVS Health is a leading American healthcare company dedicated to improving health access and affordability. The company focuses on a comprehensive approach that includes health services, health insurance, and pharmacy benefits management. Through its subsidiaries, such as Aetna and CVS Caremark, CVS Health offers a range of services that facilitate wellness, condition management, and affordable prescription drug coverage. CVS Health operates neighborhood pharmacies, provides mail-order pharmacy services, and manages specialty medication programs, aiming to make healthcare convenient and accessible for everyone. Driven by a mission to connect people with essential care services, CVS Health is committed to fostering healthier communities and supporting the wellbeing of all individuals.

📋 Description

• Provide consultative support and medical cost-based analysis of markets and network initiatives • Consult with network and clinical management on opportunities to improve discount position and strategic cost and utilization initiatives • Prepare for monthly presentations as part of the Medical Expense Review team • Manage long- and short-term projects collaboratively with local market leaders • Analyze and research utilization and unit-cost medical cost drivers • Turn data into usable information through data visualization • Support development of scoreable action items by identifying outlier cost issues • Perform drill-down analysis to identify medical cost trend drivers • Advise the network on contracting opportunities to mitigate future trends • Own, track, and document related work from project beginning to end

🎯 Requirements

• 3+ years of experience in analytics or finance or equivalent experience • Bachelor's degree or equivalent work experience required • Experience within the healthcare industry • Experience with managed care functions including provider contracting, benefit design, and medical management • Knowledge of business functions and their impact on financials, including underwriting, sales, product development, and network management • Experience working with medical and pharmacy claims • Experience with Excel, MS-Access, Power BI, and web-based query tools/data warehouse • Ability to manage conflicting priorities and multiple projects • Ability to work 40 hours per week

🏖️ Benefits

• Flexible work location • Work-life balance • Medical coverage • Dental coverage • Vision coverage • Paid time off • Retirement savings options • Wellness programs • Other resources supporting physical, emotional, and financial well-being • CVS Health bonus, commission or short-term incentive program in addition to base pay

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