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Medical Economics Analyst - Remote

Company

Baylor Scott & White Health

Address , Remote
Employment type
Salary $24.40 an hour
Expires 2023-10-01
Posted at 9 months ago
Job Description

JOB SUMMARY
The Medical Economics Analyst performs activities to help systems, applications and reporting that are essential to core business processes.

SALARY
The pay range for this position is $24.40 (entry-level qualifications) - $41.28 (highly experienced) The specific rate will depend upon the
successful candidate’s specific qualifications and prior experience

ESSENTIAL FUNCTIONS OF THE ROLE

  • Supports cost of care initiative tracking, savings, ROI estimates, and KPI dashboards for designated initiatives.
  • Acts as a liaison between value-based care teams, operational leaders, and analytics teams.
  • Performs in-depth qualitative analyses related to business operations, particularly patient/member access data and utilization, and explains analysis to a non-technical audience of both internal and external customers, including executive management.
  • Interprets and trends business operations, access and utilization data, and takes initiative to investigate variances, derive conclusions, and identify opportunities from this data.
  • Completes complex financial/operational analysis from beginning to end with minimal supervision and strategizes new ways of trending/analyzing data to complete analysis.
  • Monitors patient/member access and utilization data against regional and national benchmarks.
  • Supports key business leaders in identifying cost efficiency and improvement opportunities through reporting and analytics.
  • Utilizes internal and external sources to collect information and create written reports and visual representations for presentation and dissemination.
  • Provides subject matter expertise for current and historical cost experience, cost drivers, and trends.

KEY SUCCESS FACTORS

  • Expert with PC-based systems including: Microsoft Excel, Access, PowerPoint, PowerBI, and the ability to learn new information systems and software programs
  • Bachelor’s degree in Business or Finance preferred; or equivalent combination of education and experience in healthcare or managed care operations, prescription benefit management (PBM) and/or business processes
  • Excellent data and problem-solving skills
  • Ability to effectively liaison between technical and non-technical groups
  • Excellent business and technical writing skills
  • Able to work well within a team environment and on separate projects
  • Proficient verbal and written communication skills

BENEFITS - Our competitive benefits package includes the following

  • 401(k) savings plan with dollar-for-dollar match up to 5%
  • Immediate eligibility for health and welfare benefits
  • Tuition Reimbursement
  • PTO accrual beginning Day 1

Note: Benefits may vary based on position type and/or level

QUALIFICATIONS

  • EDUCATION - Bachelor's Degree or High School Diploma/GED plus 6 years of work experience
  • EXPERIENCE - 2 years of experience