HealthFirst logo

Sr Risk Adjustment Analyst

HealthFirst

New York, NYOnsitePosted 25 days ago$73,400 - $120,360
Full TimeMid LevelBioinformatics & Data ScienceMedical Device
Original posting ↗

Summary

The Senior Healthcare Analyst 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.

Job description

The HCA will interact with divisional subject matter experts, clinical partners, finance, 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.

Job Description

  • Analyze the financial performance of all Healthfirst products, identify favorable and unfavorable trends, develop recommendations to improve trends, communicate recommendations to management.
  • Create financial models to evaluate the impact of provider reimbursement changes.
  • Gather data and conduct ad hoc analyses as directed by other department team members and assist with the development and presentation of analytical data reports.
  • Support department projects related to medical cost reduction initiatives.
  • Assist with Return on Investment (RoI) analyses for vendors to determine if their financial and clinical performance is achieving desired results.
  • Keep abreast of New York Medicaid and Medicare reforms and their impact on Healthfirst and their owner hospital performance.
  • Provide support to the department’s performance improvement work groups.
  • Monitor costs and revenue trends and assist in understanding trends.
  • Understand and analyze impacts of new program changes.
  • Responsible for creating, modifying, and updating analysis for Provider Organizations.
  • Responsible for contract analysis and fee schedule modeling.
  • Maintain current project logs and work plans on assignments.
  • Additional duties as assigned

Minimum Requirements

  • Bachelor's degree or higher from an accredited institution with a concentration in Finance, Accounting, Business, Public Health, Healthcare Policy, or Healthcare Administration
  • 3+ years of related experience
  • Self-motivated, creative problem solver who can work independently and collaborate through strong communication and interpersonal skills.
  • Strong project management experience and ability to handle multiple projects in a fast-paced environment.
  • Current or previous work experience in healthcare
  • Experience with analyzing medical cost and utilization trends
  • Knowledge of Medicaid and Medicare programs
  • Skills in Excel

Preferred Qualifications

  • Experience in modeling financial impact of provider reimbursement changes
  • Skills in SAS, Python, R, Tableau, or a similar coding language

Requirements

  • Bachelor's degree or higher from an accredited institution with a concentration in Finance, Accounting, Business, Public Health, Healthcare Policy, or Healthcare Administration
  • 3+ years of related experience
  • Self-motivated, creative problem solver who can work independently and collaborate through strong communication and interpersonal skills
  • Strong project management experience and ability to handle multiple projects in a fast-paced environment
  • Current or previous work experience in healthcare
  • Experience with analyzing medical cost and utilization trends
  • Knowledge of Medicaid and Medicare programs
  • Skills in Excel
  • Experience in modeling financial impact of provider reimbursement changes
  • Skills in SAS, Python, R, Tableau, or a similar coding language

Benefits

  • Medical, Dental & Vision
  • Incentive Programs
  • Recognition Programs
  • Life Insurance
  • 401(k) Contributions

Company overview

HealthFirst is a medical equipment manufacturing company specializing in the development and production of healthcare devices and diagnostic equipment. As a medical device manufacturer, the company focuses on creating innovative solutions that enhance patient care and improve clinical outcomes. HealthFirst operates in the competitive medical technology sector, where it likely develops products ranging from diagnostic instruments to therapeutic devices used in various healthcare settings. The company's commitment to quality and regulatory compliance positions it as a reliable provider of medical equipment to hospitals, clinics, and healthcare facilities. With expertise in medical device engineering and manufacturing, HealthFirst contributes to advancing healthcare technology while maintaining rigorous standards for safety and efficacy. The company's products are designed to meet the evolving needs of healthcare professionals and patients, supporting improved diagnosis, treatment, and monitoring of medical conditions across different therapeutic areas.

Explore more jobs of your matchFind more biopharma roles with GetBioJob.