Sr Risk Adjustment Analyst
@ HFMS HF Management Services, LLCSr Risk Adjustment Analyst
About the job
Healthfirst provides health insurance products and services. The Senior Risk Adjustment Analyst analyzes financial, utilization, and cost trends, supports projects, and improves health plan performance in a fast-paced environment.
Requirements
- Bachelor's in Finance or related field
- 3+ years healthcare experience
- Strong analytical skills
- Proficiency in Excel
- Healthcare cost analysis experience
Qualifications
- Experience with Medicaid and Medicare
- Project management skills
- Self-motivated problem solver
- Excellent communication skills
- Ability to handle multiple projects
Full job description
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
- Experience in modeling financial impact of provider reimbursement changes
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. HF Management Services, LLC complies with all applicable laws and regulations. Applicants and employees are considered for positions and are evaluated without regard to race, color, creed, religion, sex, national origin, sexual orientation, pregnancy, age, disability, genetic information, domestic violence victim status, gender and/or gender identity or expression, military status, veteran status, citizenship or immigration status, height and weight, familial status, marital status, or unemployment status, as well as any other legally protected basis. HF Management Services, LLC shall not discriminate against any disabled employee or applicant in regard to any position for which the employee or applicant is otherwise qualified.
If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to careers@Healthfirst.org or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within HF Management Services, LLC will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with HF Management Services, LLC.
All hiring and recruitment at Healthfirst is transacted with a valid “@healthfirst.org” email address only or from a recruitment firm representing our Company. Any recruitment firm representing Healthfirst will readily provide you with the name and contact information of the recruiting professional representing the opportunity you are inquiring about. If you receive a communication from a sender whose domain is not @healthfirst.org, or not one of our recruitment partners, please be aware that those communications are not coming from or authorized by Healthfirst. Healthfirst will never ask you for money during the recruitment or onboarding process.
Hiring Range*:
Greater New York City Area (NY, NJ, CT residents): $83,100 - $120,360
All Other Locations (within approved locations): $73,400 - $109,225
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
*The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.
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