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Senior Medical Economics Analyst - Hybrid
Senior Medical Economics Analyst - Hybrid-July 2024
Maitland
Jul 8, 2026
About Senior Medical Economics Analyst - Hybrid

  Description

  All the benefits and perks you need for you and your family:

  Benefits from Day One

  Paid Days Off from Day One

  Student Loan Repayment Program

  Career Development

  Whole Person Wellbeing Resources

  Mental Health Resources and Support

  Our promise to you:

  Joining AdventHealth is about being part of something bigger. It’s about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

  Schedule: Hybrid - 3 days at the office (Altamonte Springs,FL)

  The role you’ll contribute:

  A Senior Medical Economics analyst is responsible for analyzing and evaluating financial and economic data related to healthcare costs and managed care payer rates and reimbursement. The role focuses on financial trends, reimbursement methodology, data tools, modeling, and managing revenue. Must be able to complete extensive and complex financial and operational analyses of managed care contracts and proposals, analyze fee schedules, and determine contract compliance. The Senior Medical Economics analyst must have attention to detail and competencies in decision support and reporting through converting raw data into meaningful applications to support executive decision making.

  Character traits to include: Strong work ethic, trainability, communicative, team player, and strong analytical skills

  The Senior Medical Economics Analyst will work with managed care staff for both in the Florida and Multi-State Divisions of AdventHealth, as well as represent AdventhHealth managed care to payers in all AdventHealth Markets.

  The value you’ll bring to the team:

  Research and analyzes managed care data from the various financial systems and interface tools

  Performs analysis of complex and varied healthcare data including financial modeling and risk forecasting

  Work to identify/implement improvements in quality control/timeliness of reporting

  Extracts, collects, analyzes and interprets health utilization and financial data of various types

  Interpret an analyze data from various sources using knowledge of healthcare managed care contracts and healthcare administrative claims data

  Employs existing complex models and implements them on new projects and/or new contexts and she/he designs new solutions for data and analytic challenges the organization faces

  Support the negotiations of capitated and other VBA agreements between physicians/hospitals and payers/networks through detailed data analytics

  Develop financial models and inform VBA negotiations parameters and Evaluate possible changes to key terms in existing value based agreements

  Identify risk/exposure associated with various reimbursement structures. Produce prospective analyses an new venture, products, and service offerings

  Prepare and effectively present analytics or project results to key stakeholders for review and decision-making

  Evaluate and understand contract language as it relates to reimbursement methodologies for the full spectrum of app provider types

  Applies detailed understanding of medical coding systems affecting the adjudication of claims to include ICD-9/10 CPT, CPT, HCPCS II, DRG and revenue codes

  Demonstrates proficiency with various reimbursement methodologies including Per Diem, DRG, fee schedules, and percent of charge

  Recommends contractual payment term changes that achieve net revenue targets developed by the Regional Managed Care Directors and Contract negotiators

  Ad-hoc reporting, management and intelligence related to large claimants, sequestration and healthcare exchange programs

  Accumulates data in logical format, interprets results, makes recommendations and influences outcomes

  Prepares well-organized project-specific documentation, that includes at a minimum, analytic methods used, ley decision points and caveats with sufficient detail to support comprehension and replication

  Leads in the development and review of the annual Managed care net revenue budgets to support the annual AdventHealth budget process

  Evaluates actual contract performance against expected; analyzes data to distinguish patterns and recognize trends in contract performance

  Demonstrates independent thinking and creativity in development of contract models, standard reports and ad hoc analyses

  Manages and completes multiple projects in a fast-paced environment within timeframes outlined in the department policies and as specified by leadership

  Maintains a high degree of accuracy while using large amounts of data

  Participates in special projects and performs other duties as assigned

  Qualifications

  The expertise and experiences you’ll need to succeed :

  Minimum Education Requirements

  Bachelor's degree in Finance, Health Care Administration, Accounting, Mathematics, or Health and Informatics or related field required

  Master's Degree in a related field preferred

  Minimum Experience Requirements

  Minimum of four (4) years’ experience performing data, financial and/or risk analytics in a healthcare environment

  Working knowledge of value-based arrangements, including shared savings, bundled payments, pay-for-performance, and capitation strongly preferred

  Working knowledge of population health, utilization measurement, and claims analytics strongly preferred.

  Managed Care, Patient Financial services, health insurance claims processing, contract management, or medical economics required

  Proficiency in understanding professional and facility claims and managed care concepts such as risk adjustment, capitation, FFS, DRG, APG, APCs and other payment mechanisms

  Experience in modeling financial impact of changes

  Strong ability to handle multiple projects including problem solving, research, analysis, and communication in a fast-paced environment

  Intermediate level of proficiency working with MS Excel including Formulas, calculations, charts, and graphs

  Strong skills in analytical/problem solving and presentations required

  LICENSURE, CERTIFICATION OR REGISTRATION REQUIRED:

  Epic HB Certification required or must be obtained within first 6 months of hireThis facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances.

  Category: Patient Financial Services

  Organization: AdventHealth Corporate

  Schedule: Full-time

  Shift: 1 - Day

  Req ID: 23042807

  We are an equal opportunity employer and do not tolerate discrimination based on race, color, creed, religion, national origin, sex, marital status, age or disability/handicap with respect to recruitment, selection, placement, promotion, wages, benefits and other terms and conditions of employment.

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