About this role
Description and Requirements
Summary: •The Healthcare Analyst (HCA) provides support through the research and investigation of business issues related to cost, utilization, and revenue data for multiple Healthfirst products. •The HCA will identify/monitor cost and utilization trends and the root causes in health plan trend performance and provide recommendations for solutions. •The HCA will interact with divisional subject matter experts, Network, and IT and other areas of the organization to provide support in various tasks related to achieving business objectives. •The HCA will contribute to a broad set of projects across the department. This position requires an individual with emerging skills who enjoys working in a fast paced and challenging environment. •The HCA works in partnership with other areas of Finance to provide key insights and analysis to our internal stakeholders across departments like operations and medical management as well as our external hospital and provider networks.
Work Schedule
This is a hybrid position which consists of reporting to our 100 Church Street, NYC office on Tuesdays, Wednesdays & Thursdays. Duties & Responsibilities:
Analyze the financial performance of all Healthfirst products, identify favorable and unfavorable trends, develop recommendations to improve trends, and communicate recommendations to management.Create financial models to evaluate the impact of provider reimbursement changesGather data and conduct ad hoc analyses as directed by other department team members and assist with the development and presentation of analytical data reportsSupport department projects related to medical cost reduction initiativesAssist with Return on Investment (ROI) analyses for vendors to determine if their financial and clinical performance is achieving desired resultsKeep abreast of New York Medicaid and Medicare reforms and their impact on Healthfirst and their owner hospital performance Minimum Requirements:
Bachelor's degree or higher from an accredited institution with a concentration in Finance, Accounting, Business, or Healthcare AdministrationFamiliarity with key managed care concepts and provider reimbursement principles such as risk adjustment, capitation, FFS (Fee-for-Service), Diagnosis Related Groups (DRG's), Ambulatory Patient Groups (APG's), Ambulatory Payment Classifications (APC's), and other payment mechanismsExperience in modeling financial impact of provider reimbursement changesSelf-motivated, creative problem solver who can work independently and collaborate through strong communication and interpersonal skillsStrong project management experience and ability to handle multiple projects in a fast-paced environment.Knowledge of statistical methodologies and tools, including experimentation designDemonstrated success analyzing large datasetsExcel (pivot table creation, complex formula development, sum-ifs, and VLOOKUP'sSQL: Proficient - minimum 2-3 years of experience with ability to use aggregate & window functions, group by, temp tables, subqueries, CTEs and optimize queries involving complex joins with millions of rows of data.AWS: proficiency with Redshift and S3 or similar cloud data warehouse solutionsFamiliarity with data models and/or data modellingExperience with Alteryx, Tableau, Amazon Redshift, QlikView, or other similar tools/platforms Preferred Requirements:
Experience with analyzing medical cost and utilization trendsCurrent or previous work experience with a Health insurance companyAdvanced skills in SASPython: Familiarity (1 year)R: Familiarity helpfulKnowledge of Medicaid and Medicare programsProvide support to the department's performance improvement work groupsMonitor costs and revenue trends and assist in understanding trendsUnderstand and analyze impacts of new program changesUtilize statistical tools to identify, analyze, and interpret patterns and trends in complex data setsResponsible for creating, modifying, and updating analysis for Provider OrganizationsResponsible for contract analysis and fee schedule modelingMaintain current project logs and work plans on assignmentsAdditional duties as assigned Hiring Range:
Greater New York City Area (NY, NJ, CT residents): $68,900 - $99,620All Other Locations (within approved locations): $61,300 - $91,120 As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision. In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live. The hiring range is defined as the lowest and highest salaries that Healthfirst in "good faith" would pay to a new hire, or for a job promotion, or transfer into this role.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. HF Management Services, LLC complies with all applicable laws and regulations. Applicants and employees are considered for positions and are evaluated without regard to race, color, creed, religion, sex, national origin, sexual orientation, pregnancy, age, disability, genetic information, domestic violence victim status, gender and/or gender identity or expression, military status, veteran status, citizenship or immigration status, height and weight, familial status, marital status, or unemployment status, as well as any other legally protected basis. HF Management Services, LLC shall not discriminate against any disabled employee or applicant in regard to any position for which the employee or applicant is otherwise qualified.
If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to [email protected] or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within HF Management Services, LLC will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with HF Management Services, LLC.
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