Elevance Health

Business Information Consultant Senior - Provider Economics

Richmond, Virginia, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Healthcare, Health Insurance, Provider EconomicsIndustries

Business Information Consultant Senior - Provider Economics

Position Overview

The Business Information Consultant Senior is responsible for value-based financial model methodology development, financial model design, and forecasting the impact of provider payment models for all lines of business. This position serves as an expert in data analysis, reporting, and formulating recommendations. The role involves valuing new medical cost initiatives, applying financial modeling expertise, and using independent judgment to determine the best methods and approaches for calculating accurate estimates of program savings.

NOTE: This position is not eligible for current or future visa sponsorship.

Employment Type

Full-time

Anticipated End Date

2025-07-11

Location

  • Preferred Locations: Richmond, VA; Woburn, MA; Atlanta, GA; Indianapolis, IN; Cincinnati, OH
  • Location Type: Hybrid (1-2 days in-office per week)
  • Note: Alternate locations may be considered.

Responsibilities

  • Establishes, improves, and optimizes the consolidating processes for forecast and month-end results.
  • Serves as an analyst and advisor to both internal and external stakeholders, developing value-based payment models and forecasting/measuring the value of Specialty Payment Models.
  • Develops financial models for value-based programs.
  • Understands the operational and technical components of value-based contracts and the systems in which they are run to explain to the market.
  • Provides analytical support for strategic initiatives, such as contract negotiations, provider network optimization, and total cost of care management.
  • Thoroughly vets and performs due diligence on potential value-based arrangements to assess financial impact, ensure operational feasibility, and identify impact on existing programs.
  • Conducts comprehensive analysis of healthcare data, claims, and financial reports to identify trends, patterns, and opportunities for improvement.
  • Consolidates and prepares executive summary reports for various business segments for top management decision-making.
  • Analyzes and designs solutions to address varied and highly complex business needs.
  • May collaborate with businesses and technical areas to implement new or enhanced products.
  • May require strong knowledge of products, internal business models, and data systems.
  • May coordinate with external audits as appropriate.
  • Acts as the central contact with internal departments and external auditors.

Minimum Requirements

  • Education: BA/BS degree in Statistics, Economics, or Business Administration.
  • Experience: Minimum of 8 years of relevant experience, or any combination of education and experience which would provide an equivalent background.

Preferred Skills, Capabilities, & Experiences

  • Knowledge of IM technologies, organizational structure, and customer information needs.
  • Prior leadership or management experience.
  • Effective communication skills, including facilitation, consultation, negotiation, and persuasion.
  • Deep knowledge of value-based care and/or population health management.
  • Progressive experience leading and performing analytical work within the healthcare industry (e.g., health plans, large physician practices, hospitals, ancillary, medical facilities, healthcare vendors).
  • Experienced with SAS, SQL, or similar data manipulation tools, including creating efficient and transparent queries, pulling large data sets, and performing data manipulations/analysis.
  • Skilled at using data to tell financial stories with recommendations on how to create PMPM efficiencies and reduce cost.
  • Self-motivated and creative.

Skills

Financial modeling
Data analysis
Reporting
Forecasting
Value-based payment models
Cost estimation
Provider payment systems
Contract negotiation
Provider network optimization
Cost of care management

Elevance Health

Integrated health services and digital platform

About Elevance Health

Elevance Health focuses on enhancing the health of individuals throughout their lives by evolving from a traditional health benefits organization into a comprehensive health partner. The company serves over 118 million people, providing support at every stage of health through an integrated approach that addresses a wide range of health needs. Their services are backed by advanced capabilities and a digital health platform that streamlines access to care. Unlike many competitors, Elevance Health emphasizes a holistic view of health, aiming to redefine health and improve community well-being. The ultimate goal is to make health improvements accessible to everyone.

Indianapolis, IndianaHeadquarters
1944Year Founded
$309.4MTotal Funding
IPOCompany Stage
Enterprise Software, Social Impact, HealthcareIndustries
10,001+Employees

Benefits

Medical, dental, & vision insurance
401(k) + match
Paid holidays
Paid Time Off
Incentive bonus programs
Stock purchase plan
Life insurance
Wellness Programs
Financial education resources
Adoption & Surrogacy Assistance
Dependent-care Flexible Spending Account (DCFSA)
Parental Leave
Parental Transition Week
Critical Caregiving Leave

Risks

Departure of CFO John Gallina may create a gap in financial leadership.
Lawsuit against CMS over MA Star Ratings could lead to financial penalties.
CareBridge integration may face operational challenges, disrupting service delivery.

Differentiation

Elevance Health integrates whole health approach with digital health platform for comprehensive care.
Acquisition of CareBridge enhances home health services within Carelon division.
Strategic partnership with Clayton, Dubilier & Rice aims to innovate primary care delivery.

Upsides

AI integration in home health services can reduce hospital readmissions and improve outcomes.
Predictive analytics support early disease detection, aligning with Elevance's whole health approach.
Telehealth expansion offers opportunities to reach more patients remotely.

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