Analyst, VBC Analytics

CVS Health•Hartford, CT

1d•$43,888 - $93,574

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary As a Value Based Implementation Analyst you will support local market network teams on implementation and administration of Value Based Contracting (VBC) agreements. The Value Based Implementation Analyst is essential for ensuring proactive tracking and facilitating meeting VBC agreement incentive payment commitments throughout the contract life cycle. The Value Based Implementation Analyst position is responsible for working with scorecards and reconciliation payment requests and reporting as needed to support increasingly complex requirements to support the incentive payments on these deals. As part of the Value Based Team, you will take ownership of your portfolio of markets and deals, working collaboratively with negotiators and Network managers as well as Value Based partners to ensure we meet our contractual commitments, administer incentive payments and assist in pre-deal evaluation and make recommendations. You will participate in enhancement projects and process improvements. The larger Value Based Team is accountable for analysis of Value based arrangements across lines of business, supporting data for the right pricing and supporting our provider partners to achieve improved outcomes for our members. We partner with a wide range of business units across the enterprise including other Finance areas and Contract Negotiators.

Requirements

1+ years of experience utilizing Microsoft Office products (Excel, PowerPoint, and Access) in a professional and/or academic setting, with advanced Excel proficiency.
Bachelor's degree or equivalent work experience required.

Nice To Haves

Experience in the managed care industry with exposure to value-based contracting
Experience with financial analysis and/or administrative claims data
Ability to communicate effectively with a diverse audience
Ability to work in a fast-paced environment and meet tight deadlines
Strong analytical, critical thinking, problem solving and communication skills
Possess analytical and problem resolution skills
Ability to communicate effectively with individuals at all levels of the organization.
Resourceful and quickly and successfully adapt to change
Working knowledge of SQL and relational databases
Exposure to SAS or other web-query based programs

Responsibilities

Support local market network teams on implementation and administration of Value Based Contracting (VBC) agreements.
Ensure proactive tracking and facilitate meeting VBC agreement incentive payment commitments throughout the contract life cycle.
Work with scorecards and reconciliation payment requests and reporting as needed to support incentive payments on deals.
Take ownership of a portfolio of markets and deals.
Collaborate with negotiators and Network managers as well as Value Based partners to ensure contractual commitments are met.
Administer incentive payments.
Assist in pre-deal evaluation and make recommendations.
Participate in enhancement projects and process improvements.
Analyze Value based arrangements across lines of business.
Support data for the right pricing.
Support provider partners to achieve improved outcomes for members.
Partner with a wide range of business units across the enterprise including other Finance areas and Contract Negotiators.