Senior Payer Contract Analyst (Full-Time/Day) Hybrid
Hybrid role requiring quarterly travel to the location.
About the role
Perform scenario modeling and analytics to inform managed-care contract negotiations, monitor contract performance, and assess the impact of industry trends and government regulations. Retrieve, aggregate, and analyze data from multiple sources using a variety of tools to support the Payer Contracting department. Collaborate with team members to understand their needs and goals, functioning as a trusted analytics delivery partner to answer pertinent business questions using all available data assets.
Responsibilities
- Conduct detailed managed-care contract modeling and analysis using available contract modeling systems.
- Build flexible models that aggregate fee-for-service and value-based data from multiple sources and enable scenario play.
- Maintain key department metrics (e.g., Managed Care Financial Reporting package, payer mix, reimbursement benchmarks) and monitoring tools (e.g., contract and rate tracking grids).
- Ensure compliance with all CMS Price Transparency requirements relating to development, accuracy, and publication of machine-readable files.
- Monitor payer policy updates and quantify impact of potential material harm and/or other contract implications.
- Validate payer rate loads to ensure contracts are executed accurately and perform root-cause analysis of variances.
- Serve as a resource to management to assist in ad-hoc projects.
Requirements
- Bachelor’s degree in Finance, Healthcare Administration, Business, or a related field.
- 5+ years of experience in payer-related positions within the provider or insurance industry, with a minimum of 5 years in budgeting, insurance/payer-related financial analysis, net revenue reimbursement modeling, performance computations, decision support, and general financial reporting.
- Intermediate to advanced capabilities with Microsoft Excel and PowerPoint.
- Experience building and manipulating Contract Modeling tools and BI/Data Analytics applications (e.g., Qlik, Tableau, Microsoft Power BI, EPSi).
- Ability to thrive in a fast-paced, agile work environment with high expectations and accountability.
- Excellent written and verbal communication skills.
- Strong conceptualization, analytical, and logic skills.
Preferred Qualifications
- Master’s degree in Finance, Healthcare Administration, Business, or a related field.
Physical Demands
- Lift and carry up to 25 lbs.
- Frequent sitting/standing and keyboard use.
Schedule
Monday - Friday, 8:00 am - 4:30 pm.
Benefits
Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues, including:
- Medical (including prescription), supplemental insurance, dental, and vision coverage.
- Life and AD&D insurance.
- Short- and long-term disability.
- Flexible spending accounts.
- Retirement plans.
- Tuition assistance and access to tuition discounts at Thomas Jefferson University after one year of full-time service or two years of part-time service.
- Voluntary benefits, providing access to group rates on insurance and discounts.
All colleagues, including those who work less than part-time (e.g., per diem, adjunct faculty, and Jeff Temps), have access to medical (including prescription) insurance.