At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.CVS Health is seeking a Senior Analyst, Medical Economics to join our team! The Sr. Analyst participates on complex medical economic projects (e.g. Medical Cost Savings Initiatives).Responsibilities includes but not limited to:
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- Project Management accountabilities include project oversight including initiation, identification and completion of key deliverables to ensure all business objectives are met
- Responsible for the development of provider fee schedules.
- Responsible for the development and implementation of key medical economics business efforts e.g. medical cost initiatives, policies/programs and analytical models.
- Accountable for all financial projections associated with project.
- 3-5 years of work experience in Analytics or Finance
- Extensive knowledge of managed care and how provider reimbursement policies relate to the control of medical claims costs.
- Full comprehension of provider reimbursement logic
- Full comprehension of provider fee schedules
- Knowledge of market-place delivery (understanding of provider relationships).
- Working knowledge of problem solving and decision making skills
- Advanced communication/presentation skills.
- Proficient Excel and Access
- Strong analytical ability and familiarity with advanced financial and healthcare concepts.
- Ability to manage conflicting priorities and multiple projects concurrently.
- Bachelor's Degree or equivalent work experience required
40Time Type
Full timePay Range
The typical pay range for this role is:$46,988.00 - $112,200.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.