Risk Adjustment Analyst

Job Description:
The Risk Adjustment Analyst performs data and analytical services in support of optimizing risk adjusted revenue, maintaining compliance with CMS and modeling financial impacts of changes in risk adjustment data and methodologies. This position interacts with analytical/coding staff in all regions, vendors, as well as internal departments such as Finance, Actuarial, Operations, Product Management, Provider Development, Legal, and Compliance. Upper levels of the role also interact with external agencies like ACHP, DOI and CMS as well as outside consultants.

Caregivers in this role will assist in the development of financial projections and conduct analysis for risk adjustment projects including retrospective chart review and prospective initiatives. The Risk Adjustment Analyst gathers, standardizes, and consolidates financial claims, membership and premium data into data sets that are used for risk adjustment analytical and reporting needs. The Analyst should leverage industry resources to increase knowledge and improve ROI of risk adjustment activities.

We will hire at Associate or Staff level depending on qualifications. (see details below)

Unfortunately, we are not currently considering candidates that require visa sponsorship for this position. We apologize for the inconvenience.

Essential Responsibilities/Accountabilities:

Associate:

•Maintains current knowledge of risk adjustment models such as: CMS' Hierarchical Condition Categories (HCC) and RxHCCs, HHS HCCs, MARA and/or other State Risk Adjustment Models.

•Supports pricing work through estimation of risk scores and associated revenue.

•Participates in regulatory/external party audits and supports RADV analytics.

•Calculates ROI for risk adjustment vendors, initiatives, and projects.

•Supports analysis of regulatory changes in determination of the Health Plan impact.

•Assists in the preparation of risk adjustment analyses.

•Supports higher level analysts on special projects involving other areas of the company.

•Assists in the development of risk scores and other analyses used in the development of financial plans, pricing, forecasting and re-forecasts, and other financial projections.

•Assists in efforts to continually improve data capabilities and quality of department analysis and reporting.

•Develops ad hoc reports to supplement risk adjustment processes through query building and data extraction.

•Highlights downstream impacts of data/system changes (ICD-10 transition, etc.).

•Assists and/or supports other Risk Adjustment teams or Health Plan departments to complete projects or tasks as needed.

•Maintains knowledge of all relevant legislative and regulatory mandates and ensures that all activities are in compliance with these requirements.

•Consistently demonstrates high standards of integrity by supporting the Intermountain Health mission and values, adhering to the Corporate Code of Conduct in helping our members live the healthiest lives possible.

•Maintains high regard for member privacy in accordance with Intermountain privacy policies and procedures.

•Regular and reliable attendance is expected and required.

•Performs other functions as assigned by management.

Staff (in addition to Associate essential responsibilities/accountabilities listed above):

•Shares knowledge with newer department employees.

•Assists in the development of risk adjustment analyses concerning complex issues and trends, and coordinates with staff.

•Works with outside vendors/auditors during implementation and maintenance of key projects.

•Identifies and develops corrective action with regards to Data Warehouse integrity issues.

•Reconciles Data Warehouse data with CMS, HHS and Medicaid response data.

•Initiates and leads efforts to continually improve data capabilities and quality of department analysis and reporting.

•Draws together facts and input from a variety of sources.

•Accountable for loading monthly data marts, updating department specific data tables, and maintaining code that generates the information contained in those data marts and tables.

•Provides decision support in the form of advanced statistical analysis/business intelligence

•Performs advanced programming and statistical analysis/support for ad hoc requests.

•Proposes and assists in development of risk adjustment process improvements and automation of processes utilizing data integration software.

•Participates in on-going training for analytic and business intelligence tools.

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Minimum Qualifications (Associate starting at $31.78/hr)

Must meet one of the following:

Bachelor's degree in an analytics related field such as statistics, mathematics, information systems, computer science, finance, business management, or economics.

Or

Bachelor's degree in another area of study with two years of relevant work experience in a role performing data analysis.

Experience without a related degree will be considered if skill set and experience are robust.

Plus:

Demonstration of these skills:

Demonstrated working knowledge of SQL (structured query language) and a fundamental knowledge of database design structures

Ability to create visually appealing, content rich and consumer centric reports and dashboards (i.e. Tableau, Cognos)

Proficiency in using word processing, spreadsheet, internet, e-mail, and scheduling applications

Effective verbal, written and interpersonal communication skills

Aptitude to gain subject matter expertise in healthcare or related data (Clinical Programs, Clinical Services, Compliance, Quality, Revenue Cycle, Strategic Planning, Population Health, etc.)

Lifelong learner with a creative, collaborative approach

Temperament to thrive in scaled agile teams (SAFe®) or similar product management practice.

Minimum Qualifications (Staff - starting at $39.18/hr)

Must meet one of the following:

Bachelor's degree in an analytics related field such as statistics, mathematics, information systems, computer science, finance, business management, or economics with two years of relevant work experience in a role performing data analysis.

Or

Bachelor's degree in another area of study with four years of relevant work experience in a role performing data analysis.

Experience without a related degree will be considered if skill set and experience are robust.

Plus:

Demonstration of these skills:

Intermediate SQL ability, knowledge of database design, data modeling and standardized data structures

Experience creating visually appealing, content rich and consumer centric reports and dashboards (i.e. Tableau, Cognos)

Proficiency in using word processing, spreadsheet, internet, e-mail, and scheduling applications

Highly effective verbal, written and interpersonal communication skills

Ability to acquire Subject matter expertise in healthcare or related data (Clinical Programs, Clinical Services, Compliance, Quality, Revenue Cycle, Strategic Planning, Population Health, etc.).

Lifelong learner with a creative, collaborative approach.

Temperament to thrive in scaled agile teams (SAFe®) or similar product management practice

Preferred Qualifications

A strong candidate will have:

•Bachelor's degree in an analytics related field such as statistics, mathematics, information systems, computer science, finance, business management, or economics (at a minimum).

•Exceptional analytical skills, with strong verbal and written communication skills.

•Understanding of basic principles and design of data warehousing.

•Knowledge and understanding of HHS-HCC, CMS-HCC or MARA Risk Adjustment Models

•Familiarity with medical claims and medical terminology preferred.

•Strong organizational skills and ability to prioritize, multitask, and work in fast-paced environment.

•Self-motivation, initiative, and an ability to perform under pressure with little supervision.

•Understanding of health insurance & health insurance products, managed care, accounting principles, the competitive market, the legislative environment, and any regulatory issue affecting the Health Plan is expected to be acquired.

Physical Requirements:

Interact with others requiring the employee to verbally communicate information.
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Operate computers and other IT equipment requiring the ability to move fingers and hands.
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See and read computer monitors and documents
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Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.
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Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.
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Anticipated job posting close date:
08/13/2024

Location:
SelectHealth - Murray

Work City:
Murray

Work State:
Utah

Scheduled Weekly Hours:
40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience.
$39.18 - $61.67

We care about your well-being - mind, body, and spirit - which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits packages for our Idaho, Nevada, and Utah based caregivers, and for our Colorado, Montana, and Kansas based caregivers; and our commitment to diversity, equity, and inclusion.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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