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Senior Analyst, Medical Economics
CVS Health Careers. Perform complex medical economic projects, including contract rate modeling .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in medical economics, including contract rate modeling, provider reimbursement strategies, and healthcare analysis. Proven ability to lead projects, manage budgets, and develop analytical models to optimize medical costs and enhance business objectives.
Highest-signal resume keywords
Medical Economics ExpertiseContract Rate ModelingHealthcare Analysis ExperienceProject Management LeadershipProvider Reimbursement Knowledge
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Contract Rate ModelingMedical Cost InitiativesAnalytical ModelingBudget ManagementRisk Assessment AnalysisForecastingData AnalysisFinancial ConceptsHealthcare ConceptsProvider Contracts Comprehension
Soft Skills
Strong Communication SkillsPresentation SkillsAbility to Manage Conflicting PrioritiesProject Management SkillsCollaboration Skills
Tools & Technologies
Database ApplicationsReporting ToolsAnalytical SoftwareHealthcare Management Systems
Industry Keywords
Managed CareProvider Reimbursement PoliciesRegulatory EnvironmentMarketplace DeliveryProvider Relationships
About the role
Key responsibilities & impact- Perform complex medical economic projects, including contract rate modeling
- Identify and complete key deliverables to meet business objectives
- Develop and implement medical economics business efforts, including medical cost initiatives, policies/programs, budgets, and analytical models
- Partner with and consult Network Management on medical cost analysis
- Assess the effectiveness of contracted rates
- Create and implement plans to manage medical costs based on analysis and trends
- Develop market-specific provider reimbursement schedules
- Oversee standard and ad-hoc reports for risk assessment analysis, budgeting, and hospital chargemaster analysis and forecasting
- Coordinate rate approvals and develop pricing for complex contractual arrangements
- Develop and communicate tactical and strategic plans addressing information needs across products, segments, and markets
Requirements
What you’ll need- 3+ years demonstrated leadership and/or project management experience
- 3+ years of healthcare and/or analysis experience
- Bachelor's Degree or equivalent work experience required
- Knowledge of managed care and provider reimbursement policies
- Comprehension of provider contracts and the regulatory/legislative environment affecting reimbursement strategies
- Understanding of internal and external database applications
- Knowledge of marketplace delivery and provider relationships
- Strong communication and presentation skills
- Strong software and modeling skills
- Strong analytical ability and familiarity with advanced financial and healthcare concepts
- Ability to manage conflicting priorities and multiple projects concurrently
Benefits
Comp & perks- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources supporting physical, emotional, and financial well-being
- CVS Health bonus, commission or short-term incentive program eligibility