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Contract Analyst
2 months ago
Cortica is seeking a skilled Contract Analyst to join its growing team. As a key member of our team, you will play a critical role in designing, developing, interpreting, and presenting analytics to support payer negotiations and drive strategic decisions related to payer relationships and contracting.
Key Responsibilities:- Design and develop analytic models to respond to proposals and inform strategy for payer contracting, including internal and external benchmark comparisons.
- Manage the payer contracting analytics process by serving as an analytic participant in individual payer negotiations and internal discussions about payer contracting.
- Analyze data from the Data Warehouse using PowerBI or other analytic programs to build models for payer contract negotiations and create visualizations for leadership.
- Research payer market share, products, and contracting processes to provide perspective on the strategy for expansion into new markets.
- Evaluate the profitability of payor contracts and lead the development of financial models to project financial impact of value-based contracts and for the market overall.
- Work closely with revenue cycle, finance, and other partner departments to ensure contract terms are understood and executed accurately.
- Develop and deliver concise, easy-to-understand, data-based recommendations to management to assist with strategy development and decision making.
- Perform quality checks on performed analyses and utilize internal benchmarks to verify the results.
- Develop analytics infrastructure, including reports and dashboards, supporting financial performance of contracts.
- Bachelor's degree or equivalent in Statistics, Mathematics, Economics, Finance, healthcare administration, or related field; master's degree preferred.
- 5+ years of experience with healthcare data analysis; managed care or value-based contracting experience preferred.
- Proficiency with Excel and data visualization software (e.g., Power BI).
Cortica is a rapidly growing healthcare company pioneering the most effective treatment methods for children with neurodevelopmental differences. Our mission is to design and deliver life-changing care – one child, one family, one community at a time. We celebrate diversity and foster an inclusive environment, seeking ideas and opinions from everyone on the team.
Benefits:- Medical, dental, and vision insurance
- 401(k) plan with company matching and rapid vesting
- Paid holidays and wellness days
- Life insurance and disability insurance options
- Tuition reimbursements for professional development and continuing education
- Referral bonuses
The base pay range for this opening is $72,800 to $91,000. Compensation will be determined based on skill level, relevant experience, education level, and location.
