Manager, Business Analytics
$66.33k - $145.86kCVS Health
Role Description
To develop and deliver decision support tools & insights via creating and sustaining analytics & reporting assets and leveraging business intelligence resources in support of contracting, financial and operational strategic decision-making by Retail Health leadership. This involves:
- Extracting, analyzing, and interpreting contracting, utilization, financial, and clinical/quality data from various sources.
- Supporting nationwide payer contract negotiations, market penetration, conversion, and expansion strategies.
- Engaging in value-based care initiatives and other quantitative analysis & reporting requirements.
- Responsible for the discovery and deployment of applicable solutions to address business needs.
- Serving as a gatekeeper within cross-functional workflows with key internal stakeholders.
- Acting as the SME for quantitative projects and qualitative workflows.
- Driving data ingestion, storage & documentation protocol, data pre-screening & proactive risk mitigation, and task coordination & implementation.
Qualifications
- 5+ years of experience in healthcare finance, strategy, analytics, economics, or related field.
- Knowledge of healthcare reimbursement methodologies ranging from volume-based (fee-for-service) to value-based (quality performance incentives) arrangements.
- Knowledge of statistical analysis techniques, tools and modeling.
- Advanced proficiency using business intelligence resources such as Tableau, Power BI, SAS/SQL, and Microsoft Office.
- Ability to maintain complex financial models to support contracting, budgeting and forecasting activities.
- Collaborate with cross-functional teams to identify quantitative needs, mitigate risk, and sustain workflow synergy and alignment.
- Proven problem-solving skills, critical and independent thinking, and ability to navigate ambiguity.
- Ability to work optimally in a fast-paced matrixed environment and produce high-quality timely deliverables.
- Ability to build trusting relationships with stakeholders and demonstrate a proven record in establishing and sustaining collaborative workstreams.
- Must be a self-starter demonstrating high agility and capability to pivot work priorities within a dynamic evolving environment.
Requirements
- 6-8 years of experience in healthcare finance, strategy, analytics, economics, or related field (preferred).
- Master's degree in healthcare administration, finance, economics, analytics, or any other related field (preferred).
- Experienced working with large datasets and creating relational databases from multiple sources ensuring data integrity and interoperability.
- Advanced financial modeling skills including designing and leveraging scenario planning & sensitivity analysis schematics.
- Excellent communication skills (written and oral) and ability to communicate complex financial and contracting information to internal stakeholders ensuring clarity and understanding.
- Knowledge of revenue cycle activities such as fee schedule configuration & billing, claims submission & processing, and denials & appeals.
Benefits
- Medical, dental, and vision coverage.
- Paid time off.
- Retirement savings options.
- Wellness programs.
- Other resources, based on eligibility.
Company Description
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
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