Provider ContractCost of Care Consultant

Anticipated End Date:

Position Title:

Job Description:

Provider Contract/Cost of Care Consultant

Location: This position will work a hybrid model (remote and in office one to two days per week). Ideal candidates will live within 50 miles of one of our Pulse Point locations in Indianapolis IN Atlanta GA Richmond VA Norfolk VA or Mason OH.

The Provider Contract/Cost of Care Consultant provides analytical support to the Cost of Care and/or Provider Contracting organizations. Focuses efforts on lowering claims costs improving the quality of care and increasing member and provider network satisfaction. Provides expert advice analytic and consultative support to Medical Directors and management on cost of care issues. Works on large scale initiatives with high dollar cost savings opportunities. Partners with provider contractors to develop contracting strategy and supports all aspects of the contract negotiation process. Supports a full range of contract arrangements and pricing mechanisms. Works on complex enterprisewide initiatives and acts as project lead.

How you will make an impact:

• Uses analytic tools to track both health risks and compliance as well as supporting the contract negotiation process.

• Performs sophisticated retrospective data analytics.

• Builds new and modifies existing complex models to create predictive impact decision making tools.

• Performs healthcare cost analysis to identify strategies to control costs.

• Projects cost increases in medical services by using analytic techniques for PMPM trending via multiple variable analysis.

• Prepares prenegotiation analysis to support development of defensible pricing strategies.

• Performs modeling to compare various contract scenarios based on member utilization patterns and what if logic.

• Measures and evaluates the cost impact of various negotiation.

• Researches the financial profitability/stability and competitive environment of providers to determine impact of proposed rates.

• Projects different cost of savings targets based upon various analytics.

• Identifies cost of care savings opportunities by analyzing practice patterns in relation to office visits referral practices and specialty care procedures.

• Recommends policy changes and claims system changes to pursue cost savings.

• Reviews results postimplementation to ensure projected cost savings are realized and recommends modifications as applicable.

• Recommends standardized practices to optimize cost of care.

• Educates provider contractors on contracting analytics from a financial impact perspective.

• Recommends alternative contract language and may go onsite to provider premises during contract negotiations.

• Participates on project team involved with enterprisewide initiatives.

• Acts as a source of direction training and guidance for less experienced staff.

Minimum Requirements:

Requires BS/BA degree in Mathematics Statistics or related field; minimum of 5 years of experience in broadbased analytical managed care payor or provider environment; considerable experience in statistical analysis and healthcare modeling; or any combination of education and experience which would provide an equivalent background.

Preferred Skills Capabilities and Experiences:

• Cost of care analysis knowledge strongly preferred.

• Proficiency in data manipulation tools such as SQL SAS or similar strongly preferred.

• Exceptional analytical organizational presentation and problemsolving skills preferred.

• Provider contract knowledge preferred.

• Medicare Group Retiree experience preferred.

Job Level:

Workshift:

Job Family:

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes including those submitted to hiring managers are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy power our business outcomes and drive our shared success for our consumers our associates our communities and our business.

We offer a range of marketcompetitive total rewards that include merit increases paid holidays Paid Time Off and incentive bonus programs (unless covered by a collective bargaining agreement) medical dental vision short and long term disability benefits 401(k) match stock purchase plan life insurance wellness programs and financial education resources to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager associates are required to work at an Elevance Health location at least once per week and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/memberfacing roles to become vaccinated against COVID19 and Influenza. If you are not vaccinated your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age citizenship status color creed disability ethnicity genetic information gender (including gender identity and gender expression) marital status national origin race religion sex sexual orientation veteran status or any other status or condition protected by applicable federal state or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal state and local laws including but not limited to the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.