• Analyst, Payer Analytics & Economics - KY/OH

    Job ID
    2019-90741
    Employment Type
    Full Time
    Department
    Managed Care Contracting
    Hours / Pay Period
    80
    Facility
    Dignity Health System Office
    Shift
    Day
    Location
    London
    Optional Work Location
    US-TX-Bryan
    State/Province
    KY
    Standard Hours
    Monday - Friday (8:00 AM - 5:00 PM)
    Work Schedule
    8 Hour
  • Overview

    Dignity Health, one of the nation’s largest health care systems, is a 21-state network of 9,000 physicians, 59,000 employees, and more than 400 care centers, including hospitals, urgent and occupational care, imaging centers, home health, and primary care clinics. Headquartered in San Francisco, Dignity Health is dedicated to providing compassionate, high-quality, and affordable patient-centered care with special attention to the poor and underserved.  In FY15, Dignity Health provided $1.7 billion charitable care and services. For more information, please visit our website at www.dignityhealth.org. You can also follow us on Twitter and Facebook.

    Responsibilities

    Location - Open (KY/TX preferred.)

     

    Job Summary/Purpose:
    The Analyst, Payer Analytics & Economics performs managed care financial analysis, strategic pricing and payer contract modeling activities for a defined payer portfolio. Provides analytical and pricing expertise for the evaluation, negotiation, implementation and maintenance of managed care contracts between CommonSpirit Health providers and payers. Recommends strategies for maximizing reimbursement and market share. Develops new managed care products with external payers that are consistent with approved strategic plans. Provides education to key stakeholders. Leads special projects for the senior leadership as requested.
    This position will serve and support all stakeholders through ongoing educational and problem-solving support for managed care payer reimbursement models. This position requires daily contact with senior management, physicians, hospital staff, and managed care/payer strategy leaders. The position must handle adverse and politically difficult situations, as the work may have a direct impact on individual physician incomes, along with directly impacting the financial performance of CommonSpirit Health. This role must be proficient in reading, interpreting, and formulating complex computer system programming/rules.


    Essential Key Responsibilities:
    1. Perform strategic pricing analysis to support the negotiation and implementation of appropriate reimbursement rates and associated language, between physicians/hospitals and payers/networks for managed care contracting initiatives. Develop and approve financial models and payer performance analysis.
    2. Assure satisfactory contract financial performance. Analyze and publish managed care performance statements and determine profitability. Drive strategies and solutions in order to maximize reimbursement and market share, which have multi-million or multi-billion dollar impact to CommonSpirit Health. Review and accurately interpret contract terms, including development of policies and procedures in support of contract performance.
    3. Provide training and oversight of the modeling of proposed/existing payer contracts negotiated by payer strategy and operations, including expected and actual revenues/volumes, past performance, proposed contract language and regulatory changes.
    4. Analyze terms of new and existing risk and non-risk contracts and/or amendments/modifications using approved model contract language and following established negotiation procedures.

    reimbursement.
    6. Prepare complex service line reimbursement analyses and financial performance analyses. Develop methods
    and models (involving multiple variables and assumptions) to identify the implications/ramifications/results of a
    wide variety of new/revised strategies, approaches, provisions, parameters and rate structures aimed at
    establishing appropriate reimbursement levels.
    7. Identify, collect, and manipulate from a wide variety of financial and clinical internal data bases (e.g. PIC, Star,
    TSI, PCON, Epic) and external sources (e.g.; Medicare/Medicaid/Payer websites). Identify and access appropriate
    data resources to support analyses and recommendations. Identify risk/exposure associated with various
    reimbursement structure options. Gather date and produces analytical statistical reports on new ventures,
    products, services on operating and underlying assumptions such as modifications of charge rates.
    8. Prepare and effectively present results to senior leadership, and other key stakeholders, for review and decision
    making activities.
    9. Maintain knowledge of operations sufficient to identify causative factors, deviations, allowances that may affect
    reporting findings. Ability to translate operational knowledge to identify unusual circumstances, trends, or
    activity and project the related impact on a timely, pre-emptive basis.


    Non-Essential Job Responsibilities:
    1. Manage adverse and politically difficult situations, as the work may have a direct impact the financial
    performance of CommonSpirit Health.
    2. Other duties as assigned by management.

    Qualifications

    Minimum Qualifications:

    • Education-
      • Bachelor’s Degree in Business Administration, Accounting, Finance, Healthcare
        or related field required or equivalent experience
    • Experience - 
      • Experience in financial healthcare reimbursement analysis is required,
        including an understanding of national standards for fee-for-service and valuebased
        provider reimbursement methodologies.
      • Experience in contributing to profitability through detailed financial analysis
        and efficient delivery of data management strategies supporting contract
        analysis, trend management, budgeting, forecasting, strategic planning, and
        healthcare operations.
      • Basic technical understanding and proficiency in SQL, Oracle, MS Access, MS
        Visual Basic, C++, SAS, MS Excel, or other related applications.
    • Knowledge, Skills and Abilities-
      • Basic knowledge of fee-for-service reimbursement methodologies.
        Working knowledge of healthcare financial statements and accounting
        principles.
      • Ability to use and create data reports from health information systems,
        databases, or national payer websites (Epic, EPSI, PIC, SQL Databases, etc.)
        Proficiency in reading, interpreting and formulating computer and
        mathematical rules/formulas.

     

    Preferred Qualifications:

    Managed care knowledge/experience preferred.

    Bachelor’s Degree in Business Administration, Finance, Healthcare or related
    field or equivalent experience preferred.

     

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Not ready to apply, or can't find a relevant opportunity?

    Join one of our Talent Communities to learn more about a career at Dignity Health and experience #humankindness.