About the role

  • Cost of Care Analyst role at Elevance Health applying advanced analytics to drive healthcare insights and innovations. Requires strong quantitative skills and experience in healthcare analytics.

Responsibilities

  • Provides analytical insights to support business solution development based on quality, use, cost, and other key drivers
  • Develops and refines analysis templates for problem diagnosis and opportunities assessment
  • Consults on all considerations related to designing and executing tests or pilot programs
  • Contributes to the design of new programs/initiatives based on test/pilot outcomes
  • Develops targeting criteria or customer segmentation based on analytical insights, clinical inputs, product design, and operations considerations
  • Develops predictive models and other tools that help target the right members
  • Develops methodology to measure clinical, utilization, and financial outcomes of a program/initiative
  • Conducts in-depth research to address challenging issues in measuring outcomes
  • Leads applied research projects
  • Authors white papers, presents at industry conferences, and submits journal publications
  • Addresses the limitation of certain data sources and evaluates the incremental value of new data sources

Requirements

  • Requires MS, MA, or PhD with concentration in a quantitative discipline such as Mathematics, Statistics, Economics, Epidemiology, Engineering, Computer Science or Operations Research
  • a minimum of 5 years experience in related health care analytics
  • Experience performing trend analysis to identify patterns in healthcare costs over time
  • In-depth understanding of healthcare dynamics, including service delivery, reimbursement models, and payer systems
  • Experience in healthcare finance or healthcare actuarial analytics
  • Substantial analytical experience in the healthcare industry
  • Advanced SQL & SAS skills
  • Oracle Exadata experience preferred
  • Familiarity with AI/ML frameworks
  • Additional skills for success are Python, Informatica, Tableau, and/or Power BI
  • Experience in using Agile estimation techniques such as Planning Poker, T-shirt Sizing, or the Fibonacci sequence

Benefits

  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical
  • dental
  • vision
  • short and long term disability benefits
  • 401(k) +match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources

Job title

Cost of Care Analyst

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Postgraduate Degree

Location requirements

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